Monex USA, a partner in global payment, corporate FX, and currency risk hedging services, announced plans to integrate with Payments Exchange from Fiserv (NYSE: FI), a global provider of payments and financial technology. This integration will allow financial institutions “that utilize Payments Exchange to work… Read More
Last week, Chris Hemsley announced his exit as Managing Director of the Payment Systems Regulator (PSR). Replacing Hemsley is Interim Managing Director David Geale, who takes over today (June 10th). The PSR said that Hemsley was leaving the agency to become a director with Fingleton,… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged chris hemsley, david geale, payment systems regulator, payments, psr, the payments association, uk, united kingdom
Global payments platform Thredd has partnered with Discover Global Network to expand its network access, thereby enhancing service offerings for its clients. Announced at the Money20/20 event this week, the partnership is set to provide Thredd’s clients with broader operational capabilities, enabling them to introduce… Read More
Read more in: Fintech, Global | Tagged discover global network, payments, thredd
Majid Al Futtaim, a shopping mall, communities, retail, and leisure pioneer across the MENA region, announced a new partnership with Checkout.com, a global digital payments provider. The agreement will see the 15 million plus customers “that shop Majid Al Futtaim’s online stores each month provided… Read More
Read more in: Asia, Fintech | Tagged checkout.com, digital transactions, mena region, payments
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range… Read More
Read more in: Fintech | Tagged affirm, bnpl, pay over time, payments
A survey of payment professionals by Thunes, a global money movement innovator, and Visa, an enabler of digital payments, reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting “the challenges firms face in integrating across multiple markets and systems.” The survey findings reveal that… Read More
Read more in: Fintech, Global | Tagged payments, survey, thunes, visa
European payments platform Mangopay has announced partnerships with several Spanish firms, including Webel, Filmo, and Kuarere. Mangopay states that collaborating with these three Spanish firms will increase its presence in sectors such as media, entertainment, and home delivery services. Filmo is a B2B2C platform that aims… Read More
Read more in: Fintech, Global | Tagged Filmo, Kuarere, mangopay, payments, spain, Webel
Ripple, the enterprise blockchain and crypto solutions provider, announced a partnership with Clear Junction, the global enabler of cross-border payments solutions for regulated institutions. The partnership will see Clear Junction facilitating “instant and secure GBP and EUR-denominated payout coverage for Ripple’s payments customers.” A host… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged clear junction, Crypto Adoption, payments, ripple
Token.io announces Prommt as first partner to leverage its new hosted payment pages; enhancing user experiences and maximizing conversion for Pay by Bank. Account-to-account (A2A) payment infrastructure provider, Token.io, confirmed recently the launch of new hosted payment pages “to enhance Pay by Bank user experiences,… Read More
Read more in: Fintech, Global | Tagged pay by bank, payments, prommt, token.io
Yesterday, the Bank for International Settlements (BIS) revealed Project Rialto, a review of the potential for wholesale digital currency or using central bank digital currency (CBDC) in the settlement process for foreign exchange. BIS said that decentralized processes using interlinked payment infrastructures might be considered… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global, Opinion | Tagged bank for international settlements, bis, cbdcs, europe, neo, payments
HPS (CSE: HPS), a global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a digital banking and payments software company headquartered in Dublin, Ireland. This strategic transaction underscores HPS’s commitment “to enhancing its digital banking and… Read More
Read more in: Fintech, Global | Tagged acquisition, hps, ireland, payments
Sipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round. Sipay states that investors participating in the round include Jitendra Gupta of Citrus Pay and Jupiter, Amrish Rau of Pine Labs, Kunal Shah of… Read More
Read more in: Fintech, Global | Tagged payments, sipay, turkey
Modulr, the embedded payments platform, announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries. The new offering reportedly “enhances operational efficiency, streamlines reconciliation and cash flow processes, and unlocks… Read More
Read more in: Fintech, Global | Tagged embedded payments, modulr, payments, travel
Bitpanda, a European Fintech company that specializes in crypto, has announced a partnership with Deutsche Bank regarding payments. Bitpanda states that Deutsche Bank will provide real-time payment services for its users. Deutsche Bank will also provide local IBAN numbers for deposits for German Bitpanda users. This… Read More
Read more in: Fintech, Blockchain & Digital Assets, Global | Tagged austria, bitpanda, deutsche bank, EU, europe, payments
The Bank of London has announced a strategic partnership with payments specialists, allpay Limited, to simplify and expedite payments for everyone, whether they have a bank account or not, through easily manageable prepaid cards. As part of the multi-year strategic partnership, the two companies “will… Read More
Read more in: Fintech, Global | Tagged allpay, bank of london, payments, uk, united kingdomn
Alchemy Pay, the crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution. With this integration, users who seek to mint and “acquire phygital assets… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged alchemy pay, nfts, payments, Web3
Klarna, the AI-powered global payments network and shopping assistant, reported its Q1 2024 financial results, revealing another profitable quarter and continued growth outpacing ecommerce. Sebastian Siemiatkowski, CEO of Klarna, said: “Klarna continues its acceleration with 29% revenue growth year on year, coupled with the power… Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged financial services, klarna, payments, progress report
QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech have announced a groundbreaking extension to their partnership aimed at revolutionizing fintech services in Oman. This collaboration marks a significant milestone in the region’s digital transformation journey as both entities… Read More
Read more in: Fintech, Asia, Blockchain & Digital Assets | Tagged fintech, oman, Ooredoo Fintech, payments, qnb
Plaid is pleased to announce its collaboration with Western Union (NYSE: WU), a global leader in cross-border and cross-currency payments. The collaboration provides Western Union’s customers with open banking payments, giving them additional flexibility in “how to send money to their families and loved ones.”… Read More
Read more in: Global, Fintech | Tagged open banking, payments, plaid, western union
Billtrust, a B2B order-to-cash and digital payments market leader, announced new AI functionality within its accounts receivable software platform to empower finance professionals to better understand their business, make strategic decisions and engage customers more effectively. Billtrust has introduced a new generative AI tool, Billtrust… Read More
Read more in: Fintech, Artificial Intelligence, General News | Tagged ai, artificial intelligence, billtrust, payments
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