Tagged: payments

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

April 1, 2025 @ 8:35 am By Omar Faridi  |  

Fintech firm SumUp has partnered with FreedomPay, a global enabler of commerce-focused technologies, to strengthen their offering for retail and hospitality merchants worldwide. The partnership will aim to deliver a robust payment system with offline capability as well as hardware flexibility and enterprise level infrastructural… Read More

March 31, 2025 @ 4:35 pm By Tony Zerucha  |  

Payment network Affirm (NASDAQ: AFRM) is deepening its multi-year agreement with J.P. Morgan Payments. The agreement will make Affirm’s solutions available to J.P. Morgan Payments’ network of merchants, enabling U.S. merchants using Commerce Platform to offer Affirm’s pay-over-time plans at checkout. Affirm said its active consumer base grew… Read More

March 31, 2025 @ 8:16 am By Tony Zerucha  |  

Fipto, a blockchain-based stablecoin payments infrastructure company, has been officially licensed as a payments institution by the French Prudential Control and Resolution Authority (ACPR), part of the Bank of France. Fipto’s infrastructure bridges digital and fiat currencies, enabling businesses to make instant payments with stablecoins… Read More

March 29, 2025 @ 8:33 am By Omar Faridi  |  

As flower orders surge ahead of Mother’s Day, global digital payments company Checkout.com is supporting Interflora to deliver high performing payments at scale. The partnership has enabled a “95.4% net acceptance rate” across Interflora’s European markets, helping the international flower delivery network “meet peak demand… Read More

March 27, 2025 @ 10:23 am By JD Alois  |  

Zilch is highlighting that the Financial Times has declared it the fastest-growing Unicorn in the UK. According to the company, Zilch is a payments Fintech that has experienced 300% compound annual growth over the last three years. Earlier this year, Zilch was recognized by the… Read More

March 27, 2025 @ 6:29 am By Omar Faridi  |  

Stripe, the financial infrastructure platform for businesses, announced that CLEAR—an identity verification platform trusted by over 30 million customers—is moving its payments and billing to Stripe. CLEAR is known for its flagship membership, CLEAR Plus, which uses biometrics to “speed up identity verification at airports.”… Read More

March 24, 2025 @ 4:52 pm By Omar Faridi  |  

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

March 23, 2025 @ 11:33 pm By Omar Faridi  |  

Trustly, the global Pay by Bank solutions provider, announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s position in instant payouts. Representing a key milestone for the company in its home market, Trustly… Read More

March 21, 2025 @ 4:27 pm By Omar Faridi  |  

dLocal, the payment platform connecting global merchants to emerging markets, announced a partnership with Belmoney, the  Remittance-as-a-Service (RAAS) provider in Europe. The global remittance industry remains burdened “with high fees and slow transaction speeds.” According to the IMF, transfers under $200 incur average fees “of… Read More

March 21, 2025 @ 3:45 pm By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced it is expanding its credit reporting to Experian to include all of Affirm’s pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions… Read More

March 21, 2025 @ 8:21 am By Tony Zerucha  |  

The 10th edition of the Worldpay Global Payments Report reveals a global transformation in payments. In one decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionized the way consumers pay. This year’s report looks back at a decade… Read More

March 20, 2025 @ 7:54 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to the U.K. Adyen’s U.K. merchants looking… Read More

March 19, 2025 @ 8:24 am By Omar Faridi  |  

Corpay, Inc. (NYSE: CPAY), a global enabler of corporate payments, is announcing its entry into Luxembourg with the establishment of an office for its Cross-Border business. As part of Corpay’s expansion in Europe, this move aligns with the company’s strategy to “enhance its presence in… Read More

March 18, 2025 @ 10:53 pm By Omar Faridi  |  

Airwallex has announced a collaboration with Discover Global Network, enabling merchants to accept Discover and Diners Club International Cards, and other domestic scheme cards as a payment method, “providing greater payment flexibility for businesses and their customers.” Airwallex merchants can now accept Discover and Diners Club… Read More

March 18, 2025 @ 10:52 pm By Omar Faridi  |  

ICBA Payments, the payments subsidiary of the Independent Community Bankers of America (ICBA), announced its partnership with Mastercard (NYSE: MA) to offer upgraded card and payment services for community banks. The alliance with Mastercard will “help community bankers bolster and modernize their card programs through… Read More

March 18, 2025 @ 12:13 pm By JD Alois  |  

While certain sectors of Fintech have dipped in interest when it comes to capital markets activity, payments continue to be a hot sector of Fintech. According to S&P Global Market  Intelligence, capital markets continue to support payments innovators as technology is changing the way we… Read More

March 18, 2025 @ 8:23 am By Omar Faridi  |  

Checkout.com, a digital payments solutions provider, partnered with Tabby, the financial services and shopping app, in order to provide flexible and “high-performing” payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s BNPL solutions into Checkout.com’s platform, allowing merchants to “offer… Read More

March 17, 2025 @ 10:07 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform for global companies, announced its partnership with Reece, Australia and New Zealand’s plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, “creating seamless customer experiences, ensuring safer transactions, and… Read More

March 16, 2025 @ 7:34 pm By Omar Faridi  |  

Rapyd, a global Fintech-as-a-Service provider, has completed the acquisition of PayU Global Payment Organization (GPO). This latest milestone is said to mark an important step in Rapyd’s ongoing expansion, “strengthening its position in key global markets.” This expansion increases Rapyd’s ability to offer card acquiring… Read More