Tagged: payments

January 11, 2025 @ 3:38 pm By Michael Wong  |  

XTransfer, a China-based business-to-business (B2B) cross-border trade payment platform, has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS). The license, effective from January 1, 2025, enables XTransfer to offer diverse payment services in Singapore, enhancing its position in… Read More

January 11, 2025 @ 11:08 am By Omar Faridi  |  

Nium, the infrastructure for real-time cross-border payments,  announced the launch of the Diners Club International Card for its travel customers. This milestone reportedly makes Nium one of the “first” global payment card issuers in the travel space to “offer cards across the four major schemes.”… Read More

January 10, 2025 @ 4:44 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global financial technology platform for businesses, announces the launch of Adyen Uplift. The AI-powered payment optimization suite will help businesses increase payment conversion, simplify fraud management, and “reduce the cost of payments.” Adyen’s customers can utilize data-driven, tailored performance recommendations and opportunities… Read More

January 10, 2025 @ 4:42 pm By Omar Faridi  |  

Arf, a global firm focused on providing working capital and settlement liquidity solutions to payments companies, and LuLu Financial Holdings, a financial services conglomerate, have announced a partnership aimed at enhancing settlement times in the cross-border payments sector. This collab will reportedly allow LuLuFin to… Read More

January 10, 2025 @ 9:31 am By Omar Faridi  |  

Klarna, the AI-powered global payment network and shopping assistant, is strengthening its partnership with Zalando, Europe’s online multi-brand fashion destination, by introducing Klarna’s ‘Pay in 3’ option in Germany, Austria, the Netherlands, Poland, and Denmark. This latest expansion builds on last year’s official launch in… Read More

January 10, 2025 @ 7:23 am By Tony Zerucha  |  

An executive with open banking platform Tink believes the Jan. 9 deadline for Eurozone banks to receive instant payments marks the most significant shift since PSD2 seven years ago. Head of industry and wallets Jan Van Vonno believes Europe is finally poised to realize the… Read More

January 10, 2025 @ 6:21 am By Omar Faridi  |  

IXOPAY, an enterprise payment orchestration platform, and Riskified (NYSE:RSKD), a key player focused on ecommerce fraud and risk intelligence,  announced a  partnership to enhance payment security, lower  fraud challenges and boost payment operation resilience. As global payment ecosystems become more complex, so do the associated… Read More

January 9, 2025 @ 10:45 am By JD Alois  |  

EU instant payment rules are going into effect. An X by the Financial Stability Financial Services and Capital Markets Union Directorate noted the rollout today, stating: “Today our instant payments rules will gradually start to come into effect, allowing you to receive money in seconds… Read More

January 8, 2025 @ 7:58 pm By Omar Faridi  |  

Alchemy Pay, the crypto solutions provider, is pleased to announce that its entity, Alchemy Pay Ltd. has successfully registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This achievement, along with the recent acquisition of 4… Read More

January 7, 2025 @ 9:46 am By JD Alois  |  

Global Fintech Wise (LSE:WISE)says it wants to boost the utilization of its services in North America as well as Brazil and the EMEA [Europe, the Middle East and Africa]. Best known for its near instantaneous transfer and payments platform, Wise also offers multiple neobanking services…. Read More

January 7, 2025 @ 8:27 am By Omar Faridi  |  

Global payment solutions provider Checkout.com has entered a partnership with noqodi, a payment gateway and financial service provider, to elevate the payment experience for businesses and consumers in the UAE. As part of the collab, Checkout.com will integrate its payment tech with noqodi’s digital platform,… Read More

January 6, 2025 @ 4:45 pm By JD Alois  |  

Payments is a massive sector of Fintech, and utilizing blockchain technology can improve the speed and cost of making transfers. Web3 Enabler is a startup in the payments sector and it is looking to raise up to $1.24 million on Republic. Web3 Enabler is selling… Read More

January 6, 2025 @ 12:58 pm By Omar Faridi  |  

The “Recurring Payments Market Report 2024” report has been released by ResearchAndMarkets.com. This Recurring Payments market research report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. The recurring payments market size has… Read More

January 5, 2025 @ 8:05 pm By Tony Zerucha  |  

MatterFi founder Michael “Mehow” Pospieszalski believes he has created the infrastructure cryptocurrency needs to go mainstream. When the time is right, MatterFi’s technology could simplify crypto usage for billions of people. The company develops new security infrastructure for software wallets, hardware wallets and custody systems,… Read More

January 5, 2025 @ 7:05 pm By Michael Wong  |  

Malaysia’s communications regulator has granted operating licenses to two prominent technology firms, marking a significant step in the country’s efforts to tighten oversight of internet messaging and social media platforms. According to a statement issued by the Malaysian Communications and Multimedia Commission (MCMC), WeChat, owned… Read More

January 5, 2025 @ 8:08 am By Omar Faridi  |  

As digital payments continue to replace more traditional methods of payment, network tokenization plays a key role in boosting security and efficiency across the card-not-present ecosystem, according to an update from Juniper Research. By involving the issuing bank early in the transaction authorization process, network… Read More

January 2, 2025 @ 8:40 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More

December 31, 2024 @ 4:41 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across the EEMEA region. As part of the partnership, Mastercard and Dgpays will co-develop payment technologies and loyalty solutions tailored… Read More

December 31, 2024 @ 2:04 pm By Omar Faridi  |  

As we get closer to the new year, the team at Melio has shared key trends that they believe are shaping the B2B payments landscape. Melio commented on what we should expect to see in 2025. In 2025, Melio noted that we should expect to… Read More

December 31, 2024 @ 11:33 am By Omar Faridi  |  

Nayax Ltd. (Nasdaq: NYAX), a commerce enablement and payments platform designed to help merchants scale businesses by simplifying payments and maximizing loyalty, announced that it will deploy its EasyFuelPlus, a fuel management system, by OTI PetroSmart, a provider of fuel management and payment solutions, across… Read More