Tagged: payments

November 15, 2023 @ 12:04 pm By JD Alois  |  

Latin American Fintech EBANX has announced several new products for its payments platform. The company is based in Brazil but is now offering services in multiple Latam countries as well as the Caribbean, Africa, and India. The new features include: Machine learning-based anti-fraud functionality. Pay-in,… Read More

November 14, 2023 @ 9:30 am By Omar Faridi  |  

Wise plc (LSE:WISE) has posted unaudited interim results for the six months ended September 30, 2023. Wise is a leading Fintech based in the UK but providing services globally. In the first six months of this year, Wise says that it continued “to make progress… Read More

November 13, 2023 @ 10:06 pm By Omar Faridi  |  

dtcpay is pleased to announce their partnership with PlatON, a firm focused on privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global Fintech payments solution. dtcpay, PlatON, and Allinpay International announce collaboration will “launch an innovative digital currency payment system based on smart… Read More

November 13, 2023 @ 2:42 pm By Omar Faridi  |  

Shieldpay, the firm focused on complex high-value B2B digital payments, has announced the appointment of Diji Adu as Chief Technology Officer. Adu, formerly Director of Technology at Shieldpay “brings over 20 years of leadership and software development experience to his new role.” Prior to joining… Read More

November 13, 2023 @ 8:22 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) says it is working with payment service providers to do more “to protect consumers from fraud, including authorized push payment (APP) fraud.” While FCA‘s review of firms’ fraud controls and complaint handling found examples of good practice, they were… Read More

November 12, 2023 @ 7:42 pm By Michael Wong  |  

Arab Financial Services (AFS), a digital payment solutions provider in the Middle East and Africa, recently hosted a high-level economic delegation from Brussels and discussed potential partnerships within the fintech and financial services sector, highlighting a significant move towards international collaboration in this rapidly evolving… Read More

November 11, 2023 @ 7:45 pm By Omar Faridi  |  

Bluevine, the digital banking platform specifically designed for small businesses, announced the launch of Bluevine Premier giving business owners the opportunity “to earn 4.25% Annual Percentage Yield (APY) on their Bluevine Business Checking balances up to $3 million, plus 50% off most standard payments fees,… Read More

November 11, 2023 @ 1:22 pm By Omar Faridi  |  

Instant Financial, the firm focused on the responsible on-demand pay solutions, partnered with HR Dive’s studioID to find out how companies perceive and use earned wage access (EWA) as a benefit to attract, retain and engage employees. The research study found that while many employers… Read More

November 9, 2023 @ 12:45 pm By Omar Faridi  |  

Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries, and DailyPay, a financial technology company, announced it has expanded the rollout of a first-of-its-kind OVG integration into venues across the U.S. The partnership will reach… Read More

November 9, 2023 @ 8:09 am By Omar Faridi  |  

Bank payment company GoCardless and international payment service provider and UK & Europe direct bank card acquirer Ecommpay have announced a partnership which will see the latter add bank debit to strengthen its payment offering. Thanks to GoCardless Embed, “a white-label integration, Ecommpay merchants will… Read More

November 8, 2023 @ 8:11 am By Omar Faridi  |  

Volt, the global real-time payments platform, recently announced that Matt Henderson, former CEO of Stripe Europe, ex-Google, ex-Amazon, has now “joined as a Special Advisor to the Board.” Henderson reportedly joins Volt at a critical inflection point “for the company, following the successful completion of… Read More

November 7, 2023 @ 4:45 pm By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) wants to expand its portfolio of compliance by targeting big tech and the Fintech services they provide. According to a statement issued by the CFPB today, the agency is targeting digital wallets and payment apps, claiming they must comply… Read More

November 7, 2023 @ 9:32 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the promotion of Archie Deskus to Executive Vice President, Chief Technology Officer (CTO) of PayPal, “effective immediately.” In this role, she will reportedly “oversee PayPal’s global technology, engineering, and information organizations.” In addition to enabling PayPal’s technology strategy, priorities,… Read More

November 6, 2023 @ 1:33 pm By Omar Faridi  |  

Visa (NYSE: V), a global payments technology company, announced the launch of the Visa Payments Learning Program designed to upskill employees, students, clients and military talent through training courses and certifications to support a sustainable and diverse talent pipeline. The initial focus of this program… Read More

November 5, 2023 @ 2:22 pm By Omar Faridi  |  

Mollie, one of the fastest growing payment service providers in Europe, announced it has been granted a Payment Institution license in the UK by the Financial Conduct Authority (FCA). Mollie originally launched in the UK in early 2021, “serving merchants both domestically and those expanding… Read More

November 5, 2023 @ 12:34 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a technology integration with PDI Technologies, Inc., a global firm focused on “delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, to offer embedded… Read More

November 4, 2023 @ 2:46 pm By Michael Wong  |  

Hong Kong and Thailand aims to revolutionize the way travelers handle currency exchange with the launch of interoperable digital payment systems. From December 4, residents from both regions will be able to make transactions using their local digital payment platforms, thanks to a landmark agreement… Read More

November 2, 2023 @ 12:54 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, released new data revealing shoppers’ priorities this holiday season. While consumers face continued economic uncertainty, the survey of 2,000 gen pop Americans revealed “they are still planning to spend: 3 in… Read More

November 1, 2023 @ 9:18 am By Omar Faridi  |  

Mangopay, a platform-specific payment infrastructure provider, announces that it has been authorized by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). MangoPay is a successful, France-based Fintech that was acquired by a French bank in 2015. The new e-money license from the… Read More

October 30, 2023 @ 6:11 am By Michael Wong  |  

YouTrip, a multi-currency digital payments platform in Southeast Asia, has successfully secured $50 million in its latest Series B fundraising round, according to an announcement. This round was led by Lightspeed, a global venture capital firm and a new investor in YouTrip, propelling the company’s… Read More