Tagged: payments

July 23, 2023 @ 11:38 pm By Omar Faridi  |  

dLocal has reportedly been licensed by Brazil’s central bank to serve as a payments institution in the South American country. This license, roughly equivalent to the European e-money issuer license, “allows dLocal to accept deposits from the public, manage e-wallets, and participate directly in Brazil’s… Read More

July 23, 2023 @ 10:29 pm By Omar Faridi  |  

BNY Mellon (NYSE:BK) announced it is now live on the Federal Reserve’s new instant payment rail, the FedNow Service, making it one of the first banks to begin sending and receiving payments from participating institutions and support payment activity through settlement or liquidity services. FedNow… Read More

July 23, 2023 @ 10:28 pm By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, announced that Salve Financial Hub SpA (Salve FH), a European payments processing startup based in San Marino, has selected Finastra Essence in order :to reduce payment delays resulting from over compliance.” Finastra‘s SaaS solution, integrated… Read More

July 23, 2023 @ 5:33 pm By Omar Faridi  |  

Primer, the payments automation platform offering the infrastructure for effortless commerce experiences, today announces its new partnership with Volt, the company building the global infrastructure for real-time payments, “enabling access to instant bank payments to Primer’s customers.” The tough economic climate in the UK, “driven… Read More

July 23, 2023 @ 4:41 pm By Omar Faridi  |  

VikingCloud, a global provider of cybersecurity and compliance solutions has announced a new client partnership for its Web Risk Monitoring solution with PAYSTRAX, a European payment processor and principal member of Visa and Mastercard. Global merchant fraud is “estimated to drive losses of $41 billion… Read More

July 23, 2023 @ 2:31 pm By Omar Faridi  |  

Branch, the workforce payments platform, announced the launch of a new tool to pay out earners instantly. Complementing the platform’s award-winning mobile wallet and range of offerings for accelerating payments, Branch Direct is “a web-based, instant payment solution that allows companies to pay out workers… Read More

July 20, 2023 @ 10:53 pm By Omar Faridi  |  

Finaro, the global cross-border payment provider, and UK payments specialist and payment initiation service provider Acquired.com, announced a partnership that will enable Acquired.com (a member of the Quint Group) “to offer its customers Finaro’s tailor-made brilliantly simple acquiring services.” Through this collaboration, Acquired.com customers will… Read More

July 20, 2023 @ 11:41 am By JD Alois  |  

FedNow went live today. FedNow is a payments and transfers service provided by the US Federal Reserve. Approved financial institutions may use the service to enable immediate payments and transfers. Currently, there are 35 approved institutions out of around 9000 banks and credit unions in… Read More

July 20, 2023 @ 8:04 am By Omar Faridi  |  

Kushki, a Paytech connecting LatAm to digital payments and helping Latin American businesses reduce the costs and complexity of digital transactions, has shared key insights with Crowdfund Insider. Kushki focuses on improving acceptance rates and reducing fraud. The company points out that it has been… Read More

July 19, 2023 @ 10:44 pm By Omar Faridi  |  

ConnexPay, the first and only payments technology company that offers a fully integrated payments acceptance and payment issuance solution inside a single platform, has expanded upon an already impressive global footprint with the launch of British Pounds (GBP) and Euros (EUR) currencies. The company has… Read More

July 19, 2023 @ 9:36 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure provider for software companies, announces AI Launchpad, a new 6-week program run by Paddle aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas. Working with industry experts, participants will “receive tailored guidance and actionable,… Read More

July 19, 2023 @ 9:29 pm By Omar Faridi  |  

Iliad Solutions has announced the launch of a new test solution which will reduce costs and make it simpler to develop and deploy systems to operate with the RTP network, the real-time payments system from The Clearing House. The solution is pre-configured “to virtualize all… Read More

July 18, 2023 @ 8:22 am By Omar Faridi  |  

Gnosis announces the imminent release of Gnosis Pay and Gnosis Card. Gnosis Pay is reportedly the first decentralized payment network “allowing web3 developers to integrate with a range of traditional payment schemes including Visa, and onboard the next millions of uninitiated users to tap into… Read More

July 18, 2023 @ 8:19 am By Omar Faridi  |  

Remington Hospitality, a hotel management company, announced its partnership with DailyPay, the leading provider of on-demand pay. With DailyPay, Remington Hospitality employees have “access to their earned pay as they earn it.” This critical financial wellness benefit “provides the employees with the power of choice… Read More

July 17, 2023 @ 10:38 am By Omar Faridi  |  

EstateGuru has partnered with Lemonway in order to bring the Pay by Bank online payment solution to the platform, allowing users to add funds to their accounts directly from their bank accounts. EstateGuru has shared instructions as to how it works. The firm reminds clients… Read More

July 15, 2023 @ 3:20 pm By Omar Faridi  |  

PayIt, the leader in digital customer experience solutions with integrated payments for local and provincial governments, has appointed Jon Telch as Vice President, Canada. Telch joins the growing team at PayIt’s Canada headquarters and will “focus on partnering with government leaders to enable them to… Read More

July 15, 2023 @ 6:33 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Nirvana Travel and Tourism – which claims to be one of the UAE’s leading travel and tourism management companies – have joined forces in a collaboration aimed at providing a payment solution “to customers who book travel services in the UAE,… Read More

July 13, 2023 @ 10:10 am By JD Alois  |  

Apple (NASDAQ:AAPL) has expanded its Tap to Pay service by offering the product in the UK.  The first two platforms offering the service are Revolut and Tyl by NatWest. Revolut is a top Fintech providing banking services in the UK and around the world. Tyl is… Read More

July 13, 2023 @ 7:44 am By Omar Faridi  |  

A study from Juniper Research, the researchers focused on emerging payments, have found that the value of payment transactions powered by stablecoins “will exceed $187 billion globally by 2028, up from $53 billion in 2023.” The study found that stablecoins are “making rapid progress in… Read More

July 13, 2023 @ 5:22 am By Omar Faridi  |  

c, a payment and Banking-as-a-Service (BaaS) provider in the MENA region has expanded its operations into Egypt with the opening of a new office in Cairo. The move is part of BKN301’s strategy “to support the growth of the fintech sector in Egypt and the… Read More