Tagged: payments

March 23, 2024 @ 8:13 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon (NASDAQ:AMZN) partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada. Amazon’s Just Walk Out technology is “designed to be an effortless shopping experience. The guest enters… Read More

March 22, 2024 @ 11:45 am By Omar Faridi  |  

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More

March 21, 2024 @ 11:01 pm By Omar Faridi  |  

Swift announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defenses against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus… Read More

March 21, 2024 @ 2:07 pm By Omar Faridi  |  

Trustly, a global firm focused on innovative payment solutions, announced a partnership with MoneyGram International, Inc., a financial technology company that connects the world’s communities. Through this strategic alliance, MoneyGram introduces cardless payments for millions of its users across Europe. When sending international money transfers… Read More

March 20, 2024 @ 4:49 pm By Omar Faridi  |  

Compass Coffee, a Washington, D.C.-based coffee chain, has announced a partnership with Coinbase (NASDAQ:COIN), a US-based cryptocurrency exchange with global operations. This collaboration allows customers to pay for coffee purchases using crypto, specifically stablecoins like USDC. Compass Coffee, an established business with a presence across… Read More

March 19, 2024 @ 10:00 pm By Omar Faridi  |  

Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. Nacha governs the ACH Network, the payment system that enables Direct Deposits and Direct Payments in the US…. Read More

March 19, 2024 @ 6:22 pm By Omar Faridi  |  

Bolt, a checkout technology company, and Checkout.com, a global payment solutions provider, have announced a partnership to advance e-commerce. Through this collaboration, Bolt will become Checkout.com‘s exclusive one-click checkout provider and Checkout.com will “become Bolt’s preferred payment partner.” Checkout.com is focused on boosting “its merchant’s… Read More

March 18, 2024 @ 11:41 am By Omar Faridi  |  

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

March 17, 2024 @ 9:57 am By Omar Faridi  |  

Visa (NYSE:V), a global enabler of digital payments, and Taulia, an SAP company, and a  provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s digital payments technology into Taulia Virtual… Read More

March 16, 2024 @ 3:13 pm By Michael Wong  |  

Starting in 2025, Japan and the Association of Southeast Asian Nations (ASEAN) plan to unify QR code payment systems to simplify transactions and avoid the need for currency exchange, especially benefiting tourists. This move, as reported by Vietnam News Agency (VNA) and announced by Japan’s… Read More

March 16, 2024 @ 3:09 pm By Omar Faridi  |  

GoCardless, the bank payment company, has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited (ASX: EML) subject to regulatory approvals. The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as “a key payment… Read More

March 16, 2024 @ 3:04 pm By Omar Faridi  |  

Worldline [Euronext: WLN], a global enabler of payments services, has been chosen by the Cassa Centrale Group to pursue exclusive negotiations for a long-term partnership in the acquiring world. The collaboration involves the provision of services “along the value chain of digital payment acceptance and… Read More

March 14, 2024 @ 6:53 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment service provider, introduces its Card-as-a-Service (CaaS) for AI Analysis, a firm focused on AI, blockchain, and FinTech. This service empowers AI Analysis “to issue customized branded Mastercard AIA cards effortlessly, eliminating the need for managing card infrastructure intricacies. With these… Read More

March 14, 2024 @ 11:31 am By JD Alois  |  

Payments platform VoPay, based in Canada, has partnered with Cross River Bank as part of an initiative to expand into the United States. VoPay says the collaboration aligns with its ambition to broaden its service offerings. Cross River is a regulated bank that provides infrastructure… Read More

March 14, 2024 @ 9:49 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability “for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management.”… Read More

March 13, 2024 @ 10:01 pm By Omar Faridi  |  

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a partnership with Alfardan Exchange. Based in Qatar, Alfardan Exchange provides exchange services as well as commodities like gold and coins. This collaboration aims to leverage TerraPay’s advanced digital… Read More

March 12, 2024 @ 11:43 pm By Omar Faridi  |  

Finastra announced that Jefferson Bank, an independent bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services. The cloud-based payments solution will “help Jefferson Bank to efficiently deliver both RTP TCH and FedNow services 24/7,… Read More

March 11, 2024 @ 8:30 pm By Michael Wong  |  

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

March 11, 2024 @ 11:23 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz explains that it will aim to “unify the majority of its in-person and online payment volume onto Stripe… Read More

March 11, 2024 @ 10:22 am By Michael Wong  |  

Bluwhale, an AI Web3 startup based in the San Francisco Bay Area, has secured a $7 million seed funding round to revolutionize the way companies connect with consumers through blockchain technology. The round was led by SBI, with contributions from both SBI Ven Capital and… Read More