Tagged: payments

April 9, 2025 @ 4:45 pm By JD Alois  |  

The Financial Technology Association (FTA) welcomed the House’s decision to pass the Congressional Review Act resolution overturning the Consumer Financial Protection Bureau’s (CFPB) rule for digital consumer payments. As the Senate has already passed the resolution, SJ Res. 28 now heads to the President’s desk… Read More

April 8, 2025 @ 4:43 pm By Omar Faridi  |  

Global fintech Airwallex announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The offering enables Israeli and global Airwallex customers to open accounts, facilitating transactions “in ILS via the Israeli payment network.”… Read More

April 7, 2025 @ 3:15 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and drives growth for merchants, announced that it has signed a partnership with Revolve Group, Inc. (NYSE: RVLV), the fashion retailer for Millennial and Generation Z consumers. Shoppers in the U.S. will soon be able to… Read More

April 4, 2025 @ 8:50 am By Omar Faridi  |  

The Clearing House recently announced an update regarding their Real Time Payments (RTP) network transaction limit being raised from $1M to $10M. Bank of New York Mellon (BNY) has successfully leveraged this advancement and completed the largest instant payment in US history, a $10M inter-company… Read More

April 4, 2025 @ 8:29 am By Omar Faridi  |  

Klarna, the AI-powered payments and shopping network, announces its launch with Eurostar, enabling travelers in the UK and France to book their journeys with flexibility. Customers checking out on Eurostar.com can now choose Klarna’s Pay in 3, allowing them to “split the cost of their… Read More

April 4, 2025 @ 8:10 am By Omar Faridi  |  

Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms, selected Mangopay’s flexible wallet-based payment solution to optimize and automate its embedded finance product. The collab builds on the partnership between the two companies, with the integration of Mangopay’s technology “powering Aria’s international… Read More

April 3, 2025 @ 2:15 pm By Omar Faridi  |  

Ripple, a provider of digital asset infrastructure for financial institutions, today announced that Ripple USD (RLUSD) has been integrated into Ripple’s  payments solution, Ripple Payments, driving enterprise “utility and demand for the asset.” RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin created with utility, and… Read More

April 3, 2025 @ 10:09 am By Tony Zerucha  |  

FlexFactor, a provider of real-time payment decline recovery solutions, this week announced a partnership with OpenPath, a payment orchestration provider. It empowers merchants on WooCommerce, Adobe Commerce (Magento), BigCommerce, or Shopify to activate FlexFactor’s advanced decline recovery with the click of a button. This addresses… Read More

April 3, 2025 @ 8:37 am By JD Alois  |  

Fuse, founded by TrueLayer veterans, has raised $6.6 million in a funding round led by Northzone. Other investors include Flourish Ventures, Alter Global, and angel investors. Fuse is a payments Fintech targeting the MENA region. The company says it is focusing on the “payments bottlenecks”… Read More

April 3, 2025 @ 12:15 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform for various companies, announced its expanded partnership with Temu, the global e-commerce platform that connects consumers with various merchandise partners, manufacturers and brands. Adyen helped Temu go live in the U.S. in 2022, and has since partnered with the… Read More

April 2, 2025 @ 6:51 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, announced the relaunch of Laybuy in New Zealand. The launch combines a Kiwi brand with the expertise of BNPL Fintech Klarna. With over 93 million active users and 675,000 retailers across 26 markets, Klarna’s platform will aim to… Read More

April 2, 2025 @ 6:49 pm By JD Alois  |  

As of April 1, 2025, the Zelle App is no more. Zelle, created by a consortium of financial institutions, has announced that individuals using the stand-alone app must now sign up with one of the over 2200 banks and credit unions in the US that… Read More

April 2, 2025 @ 8:38 am By Omar Faridi  |  

BitPay, a cryptocurrency payments platform and wallet provider, has officially launched its UK website and wallet app in compliance with the Financial Promotions Regime. The launch gives the UK crypto community access to a “range of consumer crypto solutions, solidifying BitPay’s commitment to a growing… Read More

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