Tagged: payments

September 2, 2024 @ 4:53 pm By Omar Faridi  |  

Visa (NYSE: V), a digital payments company, announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, “offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and… Read More

September 2, 2024 @ 10:49 am By Omar Faridi  |  

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard (NYSE: MA)  announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation’s… Read More

September 2, 2024 @ 7:27 am By Omar Faridi  |  

Industry veteran and Pine Labs’ Chief Transformation Officer Sumit Chopra transitions to a new role of COO – Pine Labs, Digital Payments. In this new role, Sumit will lead the digital payments business “for the company and will spearhead sales, customer experience, and operational excellence.”… Read More

September 1, 2024 @ 8:51 pm By Michael Wong  |  

Ant International has launched a strategic initiative to enhance financial inclusion in Brazil by partnering with Latin American payments and banking tech firm Dock. The partnership seeks to deliver AI-driven credit technology solutions to improve credit management and infrastructure efficiency for various clients, including financial… Read More

September 1, 2024 @ 5:34 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment gateway, announced a partnership with Unlimit, a leading global fintech company. This collaboration integrates Unlimit’s robust payment rails, “significantly enhancing Alchemy Pay’s On-ramp service offerings for local and global users, offering seamless access to Visa and Mastercard credit card payments,… Read More

August 31, 2024 @ 6:12 pm By Omar Faridi  |  

Brite Payments, a provider of open banking-based instant payments, announced that SAVR, one of Sweden’s most innovative investment platforms, has integrated Brite Instant Payments, enabling customers to make larger direct money transfers into their accounts both quickly and securely. SAVR is a Swedish fund trading… Read More

August 31, 2024 @ 3:11 pm By Omar Faridi  |  

Mercuryo, a global payments infrastructure platform, has launched on-ramp services on Ninji Wallet, an “agile” cryptocurrency wallet in the Injective ecosystem with seamless access, robust security and simplified asset management. The collaboration represents a pivotal moment in “enhancing Ninji Wallet’s capabilities, with Mercuryo delivering intuitive… Read More

August 29, 2024 @ 11:35 am By JD Alois  |  

dLocal and Grey have announced a partnership to pursue payments and transfers in emerging markets. Grey is a US start-up focused on providing global cross-border payments across the US, UK, Europe, Asia, and Africa. dLocal targets connecting merchants with consumers in Africa, Asia and Latin… Read More

August 28, 2024 @ 3:13 pm By Omar Faridi  |  

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More

August 28, 2024 @ 10:40 am By Omar Faridi  |  

Dima Kats, Founder & CEO, Clear Junction, recently shared his views and insights with Crowdfund Insider. In April this year it was reported that Fintech funding dipped to a new four-year low, with only $7.3 billion invested in the sector globally during the first three… Read More

August 28, 2024 @ 7:30 am By Omar Faridi  |  

PayJunction, a tech-focused payments company, announced it has added Text to Pay capabilities to its No-code Payments Integration, Virtual Terminal, and API. The new feature enables businesses “to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments… Read More

August 28, 2024 @ 4:45 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, an agency management software for the creative industry. AvidXchange will be the exclusive, “embedded provider of invoice automation… Read More

August 28, 2024 @ 4:11 am By Omar Faridi  |  

Verge Mobile, a T-Mobile partner, marks five years of partnership with DailyPay – a worktech company and provider of earned wage access. Dedicated to providing its employees with the best workplace experience, Verge Mobile had reportedly “implemented DailyPay’s financial wellness benefit in August 2019.” Operating… Read More

August 27, 2024 @ 10:13 pm By Omar Faridi  |  

Research by global small business platform Xero has uncovered payment convenience is key for Kiwi consumers, but key barriers such as expensive fees are turning off small businesses from embracing new digital methods. Xero’s latest report ‘I want to pay that way’, delves into the… Read More

August 27, 2024 @ 10:11 pm By Omar Faridi  |  

The PhonePe Group reported revenue of INR 5064 Cr for FY23-24 (fiscal year ending March 31, 2024) which represents 74% top-line growth from FY22-23 revenue of INR 2914 Cr. The Group also reported “an Adjusted Profit After Tax (i.e., PAT excluding ESOP costs) of INR… Read More

August 27, 2024 @ 4:07 pm By Omar Faridi  |  

KOHO claims that it has always built products that help Canadians make financial progress. Now, with the launch of Rent Reporting, KOHO is “making healthy credit more accessible to all.” New and existing KOHO members “who pay rent through KOHO will have rent payments reported… Read More

August 26, 2024 @ 4:12 pm By JD Alois  |  

Shri Shaktikanta Das, Governor of the Reserve Bank of India, touched on multiple topics pertaining to Fintech at a global conference entitled Digital Public Infrastructure and Emerging Technologies. Digital Public Infrastructure (DPI) and Emerging Technologies are expected to shape the futures of all economies, said… Read More

August 26, 2024 @ 10:30 am By Omar Faridi  |  

DNA Payments, a provider of payment solutions for the hospitality and food & beverage (F&B) sectors and a member of Oracle Partner Network (OPN), announced its Pay at Reception, Pay at Counter and Pay at Table solutions “are now available on Oracle Cloud Marketplace and… Read More

August 25, 2024 @ 10:36 pm By Omar Faridi  |  

Digital payment trends are said to be picking up in Singapore with Gen Z leading shift, according to a report. Currently, two-thirds (68%) of Singapore’s Generation Z “prefer to pay with PayNow and close to 3 out of 10 use GrabPay (29%). New research by… Read More

August 25, 2024 @ 9:40 am By Omar Faridi  |  

The Bank of Israel announces the issuance of an identification code to a second global fintech company that has chosen to operate in Israel as “a participant in a controlled payment system” – Revolut Ltd. Participants in the Israeli payment systems are “identified using a… Read More