Tagged: payments

OurCrowd backed ThetaRay, an AI-powered Financial Crime Detection Solution Provider, Partners with Neema

ThetaRay, a global enabler of AI-powered financial crime detection solutions, is announcing its partnership with Neema, a payments network for businesses. This collaboration marks a significant milestone in “the fight against financial crime, as it combines ThetaRay’s advanced artificial intelligence technology with Neema’s real-time payments… Read More

Earned Wage Access: Infor to Provide On-Demand Pay for Workers via DailyPay Partnership

Infor, the industry cloud company, announced a new partnership with DailyPay, the Fintech focused on-demand pay, to offer its customers the ability to “provide employees with easy and quick access to their earned wages.” Through this partnership, customers using Infor Workforce Management solutions can provide… Read More

lastminute, the European Travel Tech Firm, Teams Up with Payments Fintech Checkout.com

lastminute.com N.V., the European Travel-Tech firm focused on Dynamic Holiday Packages, announces its appointment of Checkout.com as its global payment service provider. Recently celebrating its 25-year anniversary, the lastminute Group is described as “an iconic online travel destination serving millions of customers annually with holiday… Read More

JPM Coin Doing $1 Billion Daily, Avalanche Jumps as Pilot with JPM Revealed

Distributed ledger technology, or blockchain, received some good news regarding its utility in establishment finance. Speaking at the annual Singapore Fintech Festival, Umar Farooq, JP Morgan’s (NYSE:JPM) Global Head of Financial Institution Payments, said that JPM Coin is now doing approximately $1 billion daily in… Read More

Payments Platform EBANX Announces New Services

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

UK Fintech Wise Reports Increase in Profits As High Interest Rates Boost Earnings

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

Singapore’s dtcpay Teams Up with PlatON, a Privacy-Preserving Digital Public Infrastructure Provider

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

Shieldpay, the B2B Digital Payments Provider, Appoints Diji Adu as CTO

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

UK FCA Says Firms Should Strengthen Anti-Fraud Systems, Must Treat Victims of Fraud Better

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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

Arab Financial Services, Belgian Delegation Forge Path for Fintech Collaboration in Bahrain

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

Fintech Bluevine Launches Business Banking Plan Offering 4.25% APY on Up to $3M in FDIC-Insured Deposits

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

Instant Access to Wages Is a “Must-Have” for Employees, New Research Study Claims

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

Fintech DailyPay, Oak View Group to Support 125 Venues Nationwide Including NBA and NHL Arenas

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

Fintechs Ecommpay and GoCardless to Add Direct Debit Capabilities to Payment Methods

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

Real-Time Payments Fintech Volt Welcomes Matt Henderson as Special Advisor

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

CFPB Targets Big Tech and Fintech with New Oversight Rules, Representative McHenry Slams Proposal

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

PayPal Appoints Archie Deskus as CTO

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

Visa Payments Learning Initiative to Upskill Employees, Students, Clients

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

Payments Fintech Mollie Transitions from EU to UK Payment Institution License

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

Fintech Platform REPAY, PDI Technologies to Automate AP Payments for PDI Enterprise Clients

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

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