Tagged: payments

August 23, 2024 @ 8:26 am By Omar Faridi  |  

Convera, a global firm focused on commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, which is said to be the worldwide  ecosystem purposely built for the education sector. This solution aims to simplify cross-border payments… Read More

August 22, 2024 @ 4:02 pm By Omar Faridi  |  

Skyfire Systems, Incorporated announced the launch of the payment network built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Skyfire creates an essential operating layer, “delivering critical missing components for AI commerce, including secure wallet… Read More

August 22, 2024 @ 8:00 am By Omar Faridi  |  

Switzerland’s SIX notes in a blog post that the market launch of instant payments in the European nation has been announced. As explained in the update shared by SIX, instant payments were “launched in the Swiss market on 20 August 2024.” Around 60 financial institutions… Read More

August 22, 2024 @ 7:12 am By Omar Faridi  |  

InvoiceASAP, a provider of invoicing as well as payment solutions for small and medium-sized businesses (SMBs), has reportedly partnered with global Fintech Adyen, the financial technology platform of “choice” for businesses, in order to level up their deposit experience by providing users with instant access… Read More

August 21, 2024 @ 4:36 pm By Omar Faridi  |  

PXP Financial, the firm focused on global payment services announced its participation in the Zebra PartnerConnect program. Zebra Technologies says it is an innovator “at the front line of business with solutions and partners that create new ways of working.” PXP Financial joins as an… Read More

August 21, 2024 @ 9:58 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the strengthening of its global strategic partnership with Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to “accelerate guest checkout flows for its enterprise and… Read More

August 20, 2024 @ 11:45 am By JD Alois  |  

According to the UK Payment Systems Regulator (PSR), in 2023, approximately 4.5 billion transactions were made using the Faster Payments system. At the same time, over 252,626 cases of APP Fraud (APPF or authorized push payment fraud) were reported, totaling around £341 million. Other reports… Read More

August 19, 2024 @ 11:32 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More

August 19, 2024 @ 10:30 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More

August 19, 2024 @ 7:12 am By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a… Read More

August 17, 2024 @ 3:08 pm By Omar Faridi  |  

Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, announced its integration as a payment method for U.S. merchants using Stripe. With the new integration, eligible merchants can easily enable Zip as “a payment method with a single click, which can help… Read More

August 17, 2024 @ 10:29 am By Michael Wong  |  

Global payments and financial platform Airwallex announced that it has surpassed $100 billion in annual processing volume, marking a 73% increase year-on-year. This growth is accompanied by an annual run rate revenue nearing $500 million and the achievement of cash flow positivity at the end… Read More

August 17, 2024 @ 10:19 am By Michael Wong  |  

Singapore’s DBS Bank, in partnership with Visa, unveiled its first multi-currency commercial debit card, the DBS Business Advance+ Card (BAC+), designed to bolster the financial operations of companies engaged in global digital markets. This launch is part of DBS’s broader strategy to facilitate smoother cross-border… Read More

August 16, 2024 @ 10:16 am By Omar Faridi  |  

PensionBee noted that the new Chancellor Rachel Reeves has announced the end of the Winter Fuel Payments for those not receiving Pension Credit. PensionBee explained that the one-off yearly payments have helped pensioners “with the often higher cost of heating in the winter months.” Pension… Read More

August 16, 2024 @ 8:33 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, is announcing an expanded partnership with Tekmetric, an automotive repair shop management solution empowering auto repair businesses nationwide. Now, the thousands of auto repair shops that use Tekmetric’s platform, powered by… Read More

August 15, 2024 @ 2:37 pm By Omar Faridi  |  

Modern Treasury, essential infrastructure for the new era of payments, announced that it has expanded instant payments support for mutual customers of six banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Bank and Wells Fargo. Instant payments, powered by the… Read More

August 15, 2024 @ 9:48 am By Omar Faridi  |  

Capchase notes in a blog post that Tekpon is an online marketplace for software solutions across sectors. Their platform connects businesses with the software solutions “that are right for them, featuring user reviews, product overviews, and ratings that help buyers cost-effectively optimize their software stack.”… Read More

August 15, 2024 @ 9:22 am By Omar Faridi  |  

Paddle, the payments infrastructure provider, has opened applications for its third AI Launchpad, offering 75 ambitious AI founders the chance to participate in a 6-week program to help them build, launch and scale their AI-powered business ideas. The potential for AI startups is huge, “with… Read More

August 14, 2024 @ 4:39 pm By Omar Faridi  |  

Alchemy Pay is working with Mesh, a connectivity layer for crypto that aims to make payments and deposits seamless. Alchemy Pay has integrated the Mesh API into its crypto payment solution, “enabling users to purchase goods and services at online and offline merchants using crypto funds… Read More

August 14, 2024 @ 2:15 pm By JD Alois  |  

As Apple (NASDAQ:AAPL) will soon open payments on their iPhone to third parties, stablecoin issuer Circle says it will soon compete with other traditional payment providers. According to Apple, in-app, NFC transactions will be opened to developers with the release of iOS 18.1. “APIs, developers… Read More