Tagged: payments

November 1, 2024 @ 7:51 am By Omar Faridi  |  

Remilty have expanded their seafarers product experience to the European Union, United Kingdom, Australia, and Singapore. With this launch, Remitly said that they aim to bring even more seafarers the reliable, “secure,” and accessible money transfer service they deserve Remitly noted in a blog post… Read More

October 30, 2024 @ 10:28 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, announced a collaboration with Circle, a digital financial firm and the issuer of stablecoins USDC and EURC via its regulated entities, to enable ongoing innovation in stablecoin liquidity management. The alliance… Read More

October 30, 2024 @ 9:49 am By Omar Faridi  |  

The Capgemini Research Institute’s World Payments Report 2025 reveals an industry set to be reimagined with account-to-account and instant payments. Now marking its 20th edition, the report “predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally.” Since the inaugural… Read More

October 30, 2024 @ 7:36 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, and TickPick, the modern transparent ticket marketplace transforming the event ticketing industry, announced their partnership to enhance the ticket buying experience for all TickPick customers. TickPick, known for its no service fee policy, best price guarantee,… Read More

October 29, 2024 @ 10:48 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, announced the launch of its new Pay-to-Card solution, broadening the company’s Global Direct Network’s reach. Via this offering, Thunes now connects Members of its Network to 15 billion cards, including Mastercard,… Read More

October 29, 2024 @ 4:45 pm By Omar Faridi  |  

David Marcus, the CEO of Lightspark, has emphasized the importance of innovation in digital or online payment systems, especially when compared to the archaic infrastructure many financial institutions still rely on today. In his insightful conversation with Brian Mosoff from BlackRock, Marcus has notably underscored… Read More

October 29, 2024 @ 10:52 am By JD Alois  |  

BCB Group has announced a “multi-currency solution leveraging stablecoins” designed to consolidate payments from different cryptocurrencies along with fiat into a single account. The new offering is being described as “stablecoin payments on steroids.” BCB is a payments provider that offers a digital wallet along… Read More

October 29, 2024 @ 8:41 am By Omar Faridi  |  

Zilch, the Fintech payments innovator of the ad-subsidized payments network (ASPN), announces the expansion of its securitization facility by an additional £50 million, bringing the total to £150 million. This investment round includes participation from two of the world’s largest credit funds, alongside lead arranger… Read More

October 29, 2024 @ 8:39 am By JD Alois  |  

ClearBank and Visa (NYSE:V) have announced a collaboration on “Issuance and Money Movement solutions.” This is for both local and global transactions. ClearBank is regulated by the UK FCA and PRA. In the EU, ClearBank is authorised by the European Central Bank (ECB) and supervised… Read More

October 29, 2024 @ 7:33 am By Omar Faridi  |  

Kuady, a payments service processor, has recnetly announced the expansion of its digital wallet services into Mexico, a move that is further building on its  rollout in Peru, Chile as well as Argentina. This latest business expansion effort offers a seamless and secure experience for… Read More

October 28, 2024 @ 11:00 pm By Omar Faridi  |  

Forrester Consulting recently shared a detailed research report focusing on recurring payment friction in the US markets. Forrester revealed that it has surveyed 297 US payment “decision makers” in mixed B2B and B2C firms and B2B-only firms in order to gain a better understanding of… Read More

October 27, 2024 @ 4:48 pm By Michael Wong  |  

Malaysia’s GHL Systems Berhad and Japan’s JCB International Co Ltd have formed a strategic partnership to enable the acceptance of JCB cards for GHL’s merchants in Malaysia, Thailand, and the Philippines, the companies said. The collaboration aims to enhance payment convenience for merchants and shoppers… Read More

October 27, 2024 @ 4:44 pm By Omar Faridi  |  

Visa (NYSE: V), a firm focused on digital payments, announced it is working jointly with the United States Agency for International Development (USAID) to improve access to digital government systems. Following the launch of USAID’s Digital Policy, Visa and USAID will work together to develop… Read More

October 25, 2024 @ 11:28 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, released a report exploring the opportunities and challenges tied to embedded finance – the practice of platforms, marketplaces, and software companies integrating user-friendly financial services within their existing offerings. Airwallex’s survey of 200 enterprise decision-makers… Read More

October 25, 2024 @ 8:30 am By Omar Faridi  |  

Mastercard (NYSE: MA) has reportedly announced the expansion of its Product Express platform in an effort to help fintechs accelerate the launch of new card programs and other payment solutions. After the roll-out in Latin America earlier in 2024, Product Express now enables fintechs to… Read More

October 24, 2024 @ 10:37 pm By Omar Faridi  |  

Nium, the infrastructure for real-time cross-border payments, has recently announced that financial institutions are now able to leverage the Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network. This connection provides a cost-effective solution for financial institutions to connect… Read More

October 24, 2024 @ 8:05 pm By Omar Faridi  |  

Criminals appear to be reverting to old-school tactics but with certain new twists, according to payments company Visa’s (NYSE: V) State of Scams Report. The latest Visa Threats Report highlights “emerging” scams targeting consumers, merchants and financial institutions. Ahead of Money20/20 US, Visa, a global… Read More

October 24, 2024 @ 4:25 pm By Omar Faridi  |  

Juniper Research noted that as payment technologies evolve, fintech companies, central banks, and commercial banks are increasingly focusing on the ongoing transition to online methods of payment. Juniper Research added in its update that this trend is evident in the growing preference for using digital… Read More

October 23, 2024 @ 10:11 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, announced the introduction of its QR Code Payments solution. This allows Members of the Thunes’ Direct Global Network – including mobile wallets, neo-banks, and banks with mobile capabilities – to “connect… Read More

October 23, 2024 @ 8:45 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform for global companies, announced its partnership with Aigens, a Hong Kong-based food and beverage (F&B) software-as-a-service (SaaS) provider. Via this collaboration, Aigens incorporates Adyen’s payment capabilities into its Aigens Pay offering, helping restaurants in Hong Kong and Singapore optimize their front- and… Read More