Tagged: payments

December 13, 2024 @ 12:45 pm By Omar Faridi  |  

Kuady, a payments service processor, announced key updates in its Latin American expansion, with the launch of its digital wallet services in Ecuador and the roll-out of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering payment… Read More

December 12, 2024 @ 1:58 pm By JD Alois  |  

Almond Fintech has been recognized for its B2B payment platform that leverages blockchain technology. According to a not from the firm,the CrossTech Innovation Awards has selected Almond to receive its 2024 Crypto Payments Solution in the Cross-Border Industry. This is the second year in a… Read More

December 12, 2024 @ 1:50 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, is reportedly available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later versions. As mentioned in the announcement, eligible Apple… Read More

December 12, 2024 @ 1:41 pm By Omar Faridi  |  

Fintech TrueLayer, which claims to be one of Europe’s most prominent open banking payments network, has teamed up with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More

December 11, 2024 @ 2:51 pm By Omar Faridi  |  

By the end of 2024, Bank of America (NYSE: BAC) corporate clients will have made over $1 Trillion in payment approvals on the bank’s CashPro App, the mobile app that firms use to manage treasury operations. This will represent a more than 25% year-over-year increase… Read More

December 11, 2024 @ 9:52 am By JD Alois  |  

Blink Payment says it is targeting late payments for construction contractors by partnering with Business Pilot. The company points to data that indicates that 74% of construction contractors are affected by late payments. The Fintech said it is integrating with the fitting industry enterprise resource… Read More

December 10, 2024 @ 9:07 am By JD Alois  |  

Markets in Crypto-Assets Regulations or MiCA are rules that seek to provide regulatory clarity for firms engaged in the digital asset markets. This includes non-security crypto assets as well as stablecoins. Digital securities are regulated under different rules. In a corporate statement, payments firm Clear… Read More

December 9, 2024 @ 9:32 am By JD Alois  |  

The change in the US administration is expected to usher in a new era of digital asset innovation. During the Biden Administration, there was open hostility toward crypto that went beyond the pursuit of fraud and scams. Many firms sought to be regulated but were… Read More

December 8, 2024 @ 6:54 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced the introduction of two new electronic payment solutions set to launch in mid-2025. These initiatives aim to facilitate the transition from traditional cheques to digital payments for both corporate and… Read More

December 7, 2024 @ 2:30 pm By Omar Faridi  |  

Intuit Inc. (Nasdaq: INTU), the financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a collaboration with Adyen (ADYEN:AMS), the fintech for businesses, to help small and mid-market businesses (SMBs) easily manage electronic payments. The companies will integrate Adyen‘s embedded payment services into Intuit’s… Read More

December 7, 2024 @ 2:28 pm By Omar Faridi  |  

Entrust, a global enabler of trusted payments, identities, and data security, announces a partnership with PetProov, an online platform that verifies pet buyers, breeders, and adopters. The collab will equip the PetProov platform with the Entrust Onfido identity verification (IDV) to bring “transparency, accountability, and… Read More

December 6, 2024 @ 8:53 am By Omar Faridi  |  

Mambu, a cloud banking platform, announced the acquisition of Numeral, a French payment technology provider for banks and fintechs. The acquisition reportedly aims to strengthen Mambu’s position as a key industry player in a move that underscores market confidence and “demand for modern financial experiences.”… Read More

December 5, 2024 @ 12:19 pm By JD Alois  |  

Payments Fintech Zilch has distributed information on Black Friday shopping activity. Zilch, based in the UK, is “direct-to-consumer, ad-subsidised payments network (ASPN).” Black Friday is one of the largest consumer purchasing dates of the year. Zilch reports that Black Friday saw its sales more than… Read More

December 4, 2024 @ 11:04 pm By Omar Faridi  |  

cheqd, a “decentralized” payment and trust infrastructure provider, has announced a partnership with ID Crypt Global, a digital identity and security company, to integrate identity and security solutions into Apex Digital Exchange (ADEX), a key player in the decentralized finance (DeFi) space. This collab is… Read More

December 4, 2024 @ 10:10 am By JD Alois  |  

Rezolve Ai (NASDAQ: RZLV), a small-cap AI firm that infuses AI within the e-commerce process, is partnering with Tether on retail payments. Tether is the largest stablecoin issuer in the world, and its dollar-based digital asset, USDT, has a market cap of over $135 billion. Rezolve… Read More

December 2, 2024 @ 10:56 pm By Omar Faridi  |  

JD Sports, the retailer of sports, fashion, and outdoor brands, has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to offer a flexible way to pay. This partnership brings Affirm’s pay-over-time options to shoppers purchasing brands such… Read More

December 2, 2024 @ 9:08 am By Omar Faridi  |  

David Marcus, the current CEO and co-founder at Lightspark, which claims to be building the open Money Grid on Bitcoin (and previously who ran Payments/Crypto and Messenger at Meta) recently shared via social media just how the Facebook-led Libra(at one point called Diem) initiative was… Read More

December 1, 2024 @ 9:11 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial tech platform for businesses, and Doctolib, the European firm focused on digital healthcare services, are joining forces to offer medical professionals secure financial services. The partnership, which was launched in France and Italy, allows Doctolib to offer its users online payment solutions,… Read More

November 30, 2024 @ 2:21 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, released new research revealing that despite economic uncertainty, Canadians are approaching their holiday shopping with “strategy, not restraint.” Affirm noted in a blog post the majority (71%) plan to spend the… Read More

November 30, 2024 @ 1:12 pm By Omar Faridi  |  

dLocal, the cross-border payment platform specializing in high-growth markets, marks a regulatory milestone by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank. This certification enables dLocal to facilitate Pix payments directly within the Open Finance ecosystem, enhancing the… Read More