Tagged: payments

July 10, 2024 @ 10:12 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and MassPay, a provider of payment solutions for businesses, are expanding access to domestic instant payments. The collaboration is set to significantly “benefit industries facing complex real time payment requirements including the gig… Read More

July 9, 2024 @ 4:19 pm By Omar Faridi  |  

Payments Canada is pleased to announce the election of Matthew Parker-Jones and Kevan Cowan to its Board of Directors. Payments Canada confirmed that Matthew will serve as a Member Director and Kevan as an Independent Director on the board. Payments Canada further noted that Matthew… Read More

July 9, 2024 @ 12:11 pm By Omar Faridi  |  

Volante Technologies, the global enabler of payments as a service, announced that Azqore, a business and technology partner for wealth managers, has selected Volante’s Payments as a Service (PaaS) to deliver SEPA instant payments and ISO 20022 messaging services to its customer base. Azqore and… Read More

July 8, 2024 @ 11:00 am By Omar Faridi  |  

  Kenny Chan, GM at StraitsX, recently shared key insights with Crowdfund Insider. StraitsX is a payments infrastructure for the digital assets space in Southeast Asia. The company is also a Major Payment Institution licensed by the Monetary Authority of Singapore and is part of… Read More

July 6, 2024 @ 4:10 pm By Omar Faridi  |  

Tangem AG, the global provider of secure hardware wallet solutions, is pleased to announce a partnership with Visa (NYSE: V), a global enabler of digital payments, to support an innovative self-custodial payment solution for hardware wallets. This development introduces a Visa payment card “that is… Read More

July 5, 2024 @ 3:52 pm By Omar Faridi  |  

DNA Payments and Kestronics have recently launched a strategic partnership. This collaboration not only equips merchants across the UK with DNA Payments’ payment devices and solutions, but also offers them “enhanced security, faster transaction processing, and a seamless payment experience.” Fintech DNA Payments and Kestronics,… Read More

July 4, 2024 @ 10:39 pm By Omar Faridi  |  

Handelsbanken Norway has entered into a new agreement with Tietoevry Banking for the delivery of a complete solution portfolio, including core banking, card and payment solutions, wealth management, as well as solutions for combating financial crime. The agreement has a duration of five years, and… Read More

July 3, 2024 @ 9:00 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced a new client, Swiss4, providing real-time and personalised digital payment services for their customers. This is part of Swiss4’s recently launched application “that combines financial services… Read More

July 3, 2024 @ 3:30 pm By Omar Faridi  |  

MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services, a payment and digitization services provider under Ant International, announced that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment… Read More

July 3, 2024 @ 9:01 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, announced it’s partnered with Adobe Commerce in order “to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options.” This allows Klarna to expand payment flexibility to consumers…. Read More

June 30, 2024 @ 10:55 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium’s Global Head of Travel, “spearheading one of the company’s fastest-growing business units.” Hanlon joined Nium in 2021 via… Read More

June 30, 2024 @ 9:29 am By Omar Faridi  |  

The Payments Canada Board of Directors announced the appointment of Susan Hawkins to President and CEO of Payments Canada, effective August 12, 2024. Garry Foster, Chair of the Payments Canada Board of Directors said: “We are thrilled to appoint Susan Hawkins to lead Payments Canada… Read More

June 28, 2024 @ 9:39 pm By Omar Faridi  |  

Global payments and financial platform for modern businesses, Airwallex, has continued on its growth trajectory, delivering a 93 percent increase in year-on-year (YoY) revenue across Australia and New Zealand (ANZ). Airwallex also reports that it recorded strong global revenue growth, “up 84 percent YoY, while… Read More

June 28, 2024 @ 12:24 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK. The report, part of Klarna’s commitment to “improving greater transparency in the financial industry, reveals millions of UK adults (40 per cent)… Read More

June 28, 2024 @ 9:00 am By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solution provider, Danal, an integrated payment business company, and Danal Fintech, the Korean domestic specialist in virtual asset payments, announced the signing of a partnership agreement on June 25. This Memorandum of understanding (MOU) aims “to enhance the competitiveness of… Read More

June 28, 2024 @ 8:30 am By Omar Faridi  |  

UK Finance has released the Dedicated Card and Payment Crime Unit (DCPCU) annual report. The unit, formed as a partnership between UK Finance, the City of London Police and the Metropolitan Police Service together with the Home Office, is described as being “a unique, proactive… Read More

June 27, 2024 @ 11:24 pm By Omar Faridi  |  

Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The investment round was reportedly “led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than 3X revenue growth.” The… Read More

June 27, 2024 @ 11:21 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announces that Payset will deploy Vault Payments, Thought Machine’s cloud-native payments processing platform. Payset is “an existing customer of Thought Machine and is currently live with Vault Core, Thought Machine’s next-generation core banking platform.” Payset began working with… Read More

June 27, 2024 @ 5:25 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has revealed a partnership with global e-commerce enabler Stripe.  According to a blog post on Coinbase, Stripe will now support Base – a level II Ethereum-based network incubated by Coinbase and open source. Coinbase describes Base as their “all in” commitment to onchain,… Read More

June 25, 2024 @ 8:50 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led “by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest.” This strategic move will allow KCO to “continue its evolution… Read More