Tagged: payments

FIS Partners with Banked on Real Time Payments, Transfers

FIS (NYSE:FIS) has announced a partnership with Banked to offer a new “pay by bank” solution for both consumers and businesses. Banked, enables consumers to pay directly using their bank without entering any financial data. Last year, FIS became one of the first Fintechs to… Read More

Visa Introduces Extended Digital Wallet Capabilities via Commercial Pay, a B2B Payment Solution

Visa (NYSE:V), a global enabler of digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the provider of virtual payments technology, to enhance how businesses manage transactions globally. The innovation enables… Read More

Payments Canada Shares Update on Leadership Transition

The Payments Canada Board of Directors announced that Tracey Black, who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments Canada. Over the last five years, Black has led “a series of major payment modernization… Read More

Navro, the Fintech Enabling Global Payments, Now Authorized by Central Bank of Ireland as EMI

Navro – the Fintech previously known as Paytrix that supports international payments for global businesses – reveals that it has been authorized by the Central Bank of Ireland as an Electronic Money Institution (EMI). As per the terms of the license, businesses with international plans… Read More

XTransfer, the Cross-Border Trade Payment Platform, Announces Key Milestone in Partnership with Deutsche Bank

XTransfer, the B2B cross-border trade payment platform, announces a key milestone in its partnership with Deutsche Bank. Deutsche Bank has executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, “leveraging the latest version of the Bank of Thailand‘s Non-Resident Qualified Company (NRQC) rules.” Under… Read More

Mastercard and Egyptian Banks Company to Support Digital Payments and Enable Inclusive Economic Development

Mastercard (NYSE: MA) collaborates with the Egyptian Banks Company (EBC), the advanced payments network and domestic operator in Egypt. The collaboration marks a significant step “towards fostering sustainable economic growth activities, further enhancing the digital payments landscape and driving inclusive economic development in Egypt.” Earlier,… Read More

IDEX Biometrics and KONA I to Introduce Biometric Payment and Access Cards in Japan

IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan. With credit card fraud reported by Japanese companies increasing by 30% year over year to USD 294 million, banks in the market are showing interest for biometric smartcard solutions,… Read More

Canadian Fintech Nuvei Introduces Enhanced Omnichannel Payments for Platforms

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces that it is launching its enhanced omnichannel payments solution for merchants and platforms. Nuvei’s unified commerce offering, which is now available to customers “operating outside of North America for the first time, is enabling businesses to… Read More

NovoPayment, a Payments Infrastructure Provider, Obtains Mastercard Certification

NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico. The Network Enablement Partner (NEP) program is “a Mastercard initiative that enables… Read More

B2B Payments Platform Sprinque Teams Up with Fintech Mangopay

B2B payments platform Sprinque announces a partnership with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms. The collaboration enables merchants and marketplaces “to take advantage of holistic and customisable payments infrastructures and terms, allowing them to grow revenues by tapping into… Read More

Dima Kats, CEO at Clear Junction, Comments on Why Real-time Payment Systems Are Becoming Important

Ironically, according to Dima Kats, CEO of Clear Junction, banks and financial institutions are probably some of the most unbanked segments in the world. From high fees to long settlement times, regulatory pressures to difficulty in accessing multi-country payment options, the issues and barriers facing… Read More

Digital Asset Firm Fireblocks Adds Support of Euro, Swiss Franc, Pound Sterling, Singapore Dollar and Japanese Yen

Institutional digital asset firm Fireblocks says it has added support for five new fiat currencies with plans to add 25 more in the coming months. Fireblocks as added support for the Euro (EUR), Swiss Franc (CHF), British Pound (GBP), Singapore Dollar (SGD), and Japanese Yen… Read More

Stablecoin Issuer Tether Announces Investment in Oobit, a Mobile Payment App

Tether, which claims to be the largest company in the cryptocurrency industry, has announced its investment in Oobit, a mobile payment application. The Series A investment round has concluded “with $25 million raised for Oobit’s ongoing development, supporting its goal of mainstream cryptocurrency adoption.” This… Read More

Fintech Firm DailyPay Selects Northern Ireland for Expansion Outside the United States

DailyPay has chosen Northern Ireland for its expansion outside the United States in a key investment that is reportedly creating 293 new roles. The Fintech claims it is an industry leader focused on on-demand pay technology that empowers workers with greater choice and more control/flexibility… Read More

Fintech to Lead Nigeria’s Service Sector Growth in 2024, Central Bank Gov Says

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso forecasts mobile money and digital lending as key drivers of Nigeria’s service sector growth in 2024. Speaking at the Nigerian Economic Summit Group’s 2024 Macroeconomic Outlook Report launch, Cardoso emphasized the service sector’s role in the economy,… Read More

Fintech Firm Cantaloupe Acquires POS Tech Startup Cheq

Cantaloupe, Inc., a Nasdaq-listed end-to-end technology solutions for self-service commerce, has announced its acquisition of point-of-sale tech startup Cheq Lifestyle Technology, Inc. (CHEQ) for an undisclosed amount. This strategic acquisition is poised to enhance Cantaloupe’s market presence by integrating CHEQ’s innovative mobile ordering and payment… Read More

Wise Expands into the Philippines, Appoints New Independent Director

Wise, the UK-based Fintech stealth bank that was formerly known as TransferWise, has officially expanded its operations into the Philippines with the launch of Wise Pilipinas. In a significant move to bolster its board, Wise Pilipinas has welcomed Isabel Ridad, founder of Monetize, as its… Read More

Payments Technology Provider Worldpay to Operate as Independent Company

Worldpay, LLC, a global industry leader in payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company. The company will be overseen by private equity firm GTCR, “with a 55% majority ownership… Read More

Blackhawk Network to Acquire Digital B2B Rewards Innovator Tango Card

To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card. Talbott Roche, CEO & president of BHN, said Tango was… Read More

Conferma Pay and ConnexPay to Allow Businesses to Simplify Payments Processes with Virtual Cards

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payments processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s virtual card ecosystem and ConnexPay’s virtual card issuing engine and real-time funding processes “to create a… Read More

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