Tagged: payments

September 24, 2024 @ 1:03 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Prior to this partnership, McLaren’s international payments run “consisted of 30 payments made one at a… Read More

September 24, 2024 @ 10:58 am By JD Alois  |  

The Payments Association in the UK is calling for a national payments plan. The Payments Manifesto 2025 seeks to create conditions to support growth and innovation in payments. The Payments Association says it has urged UK authorities to “undertake a swift and well-defined review which… Read More

September 24, 2024 @ 7:22 am By JD Alois  |  

European payments provider Mangopay has been enlisted by Troc Vélo to power transactions on its platform. According to a statement by the firm, Mangopay’s solutions will help Troc Vélo streamline second-hand purchases between individuals.  Troc Vélo is described as the leading platform for buying and… Read More

September 22, 2024 @ 8:34 am By Omar Faridi  |  

Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced this past week that users in the U.S. can add PayPal (NASDAQ:PYPL) as a payment method to fund purchases of cryptocurrencies…. Read More

September 20, 2024 @ 11:58 am By Omar Faridi  |  

One in six B2B sellers (suppliers) are offering business customers over two months to pay their invoices, according to a new joint report from economic consultancy Cebr and iwoca. The report Credit Where It’s Due, commissioned by iwoca––one of Europe’s largest small business lenders––reveals the… Read More

September 20, 2024 @ 8:39 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth has been driven by a surge in adoption “from financial institutions and spend management platforms, with AI platform, RedOwl, being… Read More

September 20, 2024 @ 6:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

September 17, 2024 @ 9:01 am By JD Alois  |  

The Bank for International Settlements (BIS) and the Institute of International Finance (IIF) have selected CaixaBank to work on a project exploring digital payments. CaixaBank will collaborate with the Bank of England, the Bank of France, and others on the initiative. CaixaBank highlights that it is the bank with the… Read More

September 16, 2024 @ 4:23 pm By Omar Faridi  |  

Payment cards are the most are the preferred payment method for e-commerce purchases in Australia, collectively accounting for 50.6% share in 2023, reveals GlobalData, a data and analytics company. GlobalData’s E-Commerce Analytics reveals “that Australian e-commerce market is estimated to register 8.3% growth in 2024… Read More

September 15, 2024 @ 8:29 pm By Omar Faridi  |  

Thunes, the Smart Superhighway for money movement around the world, announces a strategic alliance with TeleMoney, the International Remittance arm of Arab National Bank (ANB). This collaboration marks a significant milestone, “as TeleMoney’s membership in the Thunes Direct Global Network underscores the growing trust that… Read More

September 15, 2024 @ 5:45 pm By Omar Faridi  |  

Checkout.com, a global digital payments provider, announced the launch of an online course in partnership with the Merchant Risk Council (MRC) to help payment professionals combat fraud and cybersecurity threats. Debuted at MRC San Diego, ‘Fraud Essentials’ is the second in “a series of online… Read More

September 15, 2024 @ 5:36 pm By Omar Faridi  |  

Ebury, a global fintech company specializing in payments and collections, FX risk management and business lending, will partner with Salt Edge, an open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to “enhance visibility and attract new customers while… Read More

September 15, 2024 @ 4:12 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment gateway, has announced its official support for the BNB ecosystem. With this support, Alchemy Pay’s On & Off-Ramp now “supports popular tokens on BNB Chain, including its native token BNB and stablecoins like USDC and USDT.” This integration highlights Alchemy… Read More

September 11, 2024 @ 9:45 pm By Omar Faridi  |  

JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. (JST Singapore) has received an in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) to provide digital payment token… Read More

September 11, 2024 @ 10:27 am By Omar Faridi  |  

DNA Payments recently announced that it has launched Apple Pay Express Checkout for Ecommerce. DNA Payments noted in a blog post that it is officially introduceng Apple Pay Express Checkout, giving Ecommerce merchants “a new way to accept payments.” As mentioned in the update, DNA… Read More

September 11, 2024 @ 8:16 am By Omar Faridi  |  

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

September 11, 2024 @ 8:14 am By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announces the launch of new innovations as part of its ‘Fall Edition’ product release. Global companies face significant challenges in “managing and controlling corporate spending across… Read More

September 10, 2024 @ 10:28 am By JD Alois  |  

Payments platform EBANX is predicting its Pix service will top credit cards for online purchases in Brazil by 2025. According to a company statement, by 2025 Pix will account for 44% of all value transacted in online purchases in Brazil, Credit/Debit cards will are expected… Read More

September 10, 2024 @ 4:32 am By Omar Faridi  |  

Thunes, the Smart Superhighway for money movement around the world, is pleased to welcome OJCS “Commercial Bank Kyrgyzstan | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to “connect businesses and individuals in Kyrgyzstan directly to over 7 billion… Read More

September 9, 2024 @ 8:22 pm By Omar Faridi  |  

The payment landscape has evolved at an exponential rate over the past decade, with many payment methods rising to become some of the most used solutions across retail, eCommerce, B2B (Business-to-Business), and P2P (Peer-to-Peer) scenarios. This, according to an update from Juniper Research. Juniper Research… Read More