Tagged: payments

September 16, 2023 @ 10:18 am By Michael Wong  |  

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

September 14, 2023 @ 4:43 pm By Omar Faridi  |  

Fountain, the labor applicant tracking system (ATS) and provider of hiring automation software for frontline workforces, announced it has integrated workforce payments platform Branch in order “to make paying new workers fast and scalable for hiring companies.” Branch claims that it is “the first and… Read More

September 14, 2023 @ 11:10 am By Omar Faridi  |  

Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, announced the launch of Business Now, Pay Later. This solution enables commercial banks “to capture new revenue streams by meeting the working capital needs of small and medium-sized enterprises (SMEs) through tailored… Read More

September 13, 2023 @ 4:57 pm By Omar Faridi  |  

Checkout.com, the global payments provider, releases its latest research on the disparities in payment performance in the digital economy. The ‘High-Performance Payments: The hidden billion-dollar opportunity’ whitepaper, supported by research from Oxford Economics, finds “that US businesses lose, on average, 2.1% of global revenues due… Read More

September 13, 2023 @ 3:53 pm By Omar Faridi  |  

Corpay, a FLEETCOR (NYSE: FLT) brand and global leader in business payments, is proud to announce that Corpay’s Cross-Border business has launched Payments GPS, a proprietary tracking technology that allows clients and partners to monitor payments in real time. Leveraging various technologies, “including SWIFT GPI… Read More

September 13, 2023 @ 9:18 am By Omar Faridi  |  

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More

September 13, 2023 @ 7:53 am By Omar Faridi  |  

EBANX, the payments platform connecting global companies with customers in rising digital markets, is pleased to announce the appointment of Melissa Cherrey Johnson as the new VP of Merchant Success – Americas and Europe. With her extensive experience in the payments industry and a deep… Read More

September 13, 2023 @ 7:51 am By Omar Faridi  |  

Form3 announces that Visa (NYSE:V) has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will “provide Visa’s clients with access to their payments platform, to enable them to modernize their payments’… Read More

September 12, 2023 @ 9:41 pm By Omar Faridi  |  

Safello, the crypto exchange in the Nordics, announces the integration of Apple Pay and Google Pay, “expanding its payment options and providing customers with a seamless and secure method to purchase cryptocurrencies.” Following Safello’s recent agreement with Worldpay, “enabling the processing of card payments for… Read More

September 12, 2023 @ 12:53 pm By JD Alois  |  

Financial research factor S&P Global Market Intelligence has distributed a report on Fintech, pointing at real time payments as an opportunity that is experiencing choppy adoption depending on the jurisdiction. S&P says that the rollout of FedNow, the US government’s effort to power instant payments… Read More

September 11, 2023 @ 10:50 pm By Michael Wong  |  

Under its chairmanship of ASEAN this year, Indonesia is placing a strong emphasis on the expansion and enhancement of the region’s local currency transaction (LCT) network. The move is aimed at fortifying trade and investment, streamlining cross-border payments, and advancing financial asset substitutability. Iss Savitri… Read More

September 11, 2023 @ 2:33 pm By Omar Faridi  |  

Recently, several reports covered an update from the WSJ regarding “credit card fees.” Unfortunately, the story is wrong, Mastercard (NYSE: MA) claims. According to Mastercard, the reporting relies upon a report “produced by an advisory firm advocating for legislation currently under consideration in Congress.” Mastercard… Read More

September 10, 2023 @ 5:27 pm By Omar Faridi  |  

Paysafe (NYSE: PSFE), a payments platform, and Eightcap, a global retail trading provider, are excited to announce the strengthening of their partnership through the introduction of an innovative Embedded Trading Wallet solution. This collaboration aims to “provide a joint embedded finance solution for Eightcap and… Read More

September 10, 2023 @ 10:29 am By Michael Wong  |  

UnionPay International (UPI), the world’s premier provider of secure cross-border payment services, has joined hands with NBC Badminton, Australia’s leading badminton club, to roll out a specially crafted prepaid card for NBC badminton aficionados. The ‘NBC x UnionPay’ prepaid card seeks to offer unparalleled convenience… Read More

September 8, 2023 @ 4:41 pm By Omar Faridi  |  

The RTP Network, the instant payments system operated by The Clearing House that is available to all insured depository financial institutions in the United States, surpassed the one million daily payment milestone “on September 1 as more financial institutions and their customers realize the benefits… Read More

September 8, 2023 @ 4:34 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership with Quadient, a key player focused on helping businesses create meaningful customer connections through digital and physical channels. The partnership enhances the Quadient AP automation solution by “offering their customers… Read More

September 8, 2023 @ 4:31 pm By Omar Faridi  |  

HAYVN, a digital asset-focused financial institution delivering Payments, Trading, Custody, Asset Management and Research, announced a partnership with crypto hardware manufacturer, Ledger. The partnership will see HAYVN “provide safe and robust off-ramping rails to users of Ledger’s Ledger Live service.” Ledger Live allows users “to… Read More

September 8, 2023 @ 4:29 pm By Omar Faridi  |  

BNY Mellon (NYSE: BK) announced the launch of BankifySM, an open banking payments solution that helps organizations “receive consumer payments from bank accounts, with a seamless user experience and that offers guaranteed funds for business receivables.” Bankify couples BNY Mellon‘s transaction payments expertise “with Trustly’s… Read More

September 7, 2023 @ 11:42 am By Omar Faridi  |  

As part of its ongoing initiatives aimed to positively impact the environment at a global level, branded payments provider Blackhawk Network (BHN) says that it is working alongside Visa (NYSE: V) in order to transition its network branded prepaid products “distributed by third party retail… Read More

September 6, 2023 @ 10:37 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups”, a business readiness campaign “exclusively for Hong Kong entrepreneurs to support their global growth ambitions.” With the support of Hong Kong flagship incubators, and in collaboration with… Read More