Tagged: payments

Latin America: Fintechs EBANX, Nubank to Leverage NuPay for Cross-Border Digital Commerce

EBANX, a global fintech specializing in payments for rising markets, and Nubank, one of the world’s largest digital financial services platforms, announced a partnership to offer a new alternative payment method for international purchases, NuPay, a payment method developed by Nubank (NYSE: NU). The partnership… Read More

Checkout.com Introduces Identity Verification, a Video-based AI Solution that Verifies Clients

Checkout.com, the global payments solution provider, launches Identity Verification, its first product focused on improving the customer onboarding and identity verification process and expanding Checkout.com’s impact on customers’ digital experience. Identity Verification “utilizes proprietary artificial intelligence and is trained on billions of identity and facial… Read More

Spend Management Fintech Mesh Payments Launches ProcurePay, the Automated Payment Solution

Mesh Payments, which claims to be one of the fastest-growing global spend management platforms, announced the launch of a new enterprise-grade payment solution that closes the loop between procurement, payment and reconciliation processes to deliver an automated payments experience. Mesh ProcurePay connects to any ERP… Read More

Payments Infrastructure Platform NovoPayment Introduces Orchestra, a Middleware Layer to Meet Demand from Financial Institutions

NovoPayment, a mission-critical financial and payments infrastructure provider, released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its BaaS platform. Orchestra is designed “to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.” The solution enhancements “include more… Read More

Fintech Balance Introduces Surcharging Program to Alleviate B2B Credit Card Burdens for Merchants

Balance, the B2B payment platform for businesses, announced the launch of its surcharge solution. This capability enables suppliers “to implement a surcharge fee for credit card transactions, providing flexible payment options to buyers while preserving healthy profit margins.” In the B2C world, consumers may “be… Read More

Global Payments Fintech Airwallex Appoints Luke Latham as Australia, New Zealand GM

Australian-born payments company Airwallex has appointed Luke Latham as General Manager for its Australia and New Zealand business. Latham joins Airwallex following senior roles “with Amazon, Amazon Web Services, Groupon and most recently as Chief Operating Officer for MILKRUN.” Airwallex CEO and Co-founder Jack Zhang… Read More

DLTPAY, a Web 3 Payments Platform, Joins Chainlink BUILD

DLT Payments is officially joining the Chainlink BUILD program. As a part of BUILD, they aim “to accelerate ecosystem growth and the long-term adoption of stablecoin payments by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic… Read More

Saudi Central Bank (SAMA) Announces Regulations for Payments, Payment Services

The Saudi Central Bank (SAMA) announces the issuance of the Implementing Regulations for the Law of Payments and Payment Services “to support the objective of enhancing soundness and efficiency of the payment systems infrastructure in Saudi Arabia.” The relevant regulatory and supervisory frameworks enable SAMA… Read More

Open Banking: Moneyhub, MX to Accelerate Adoption of Open Finance

Moneyhub, the data and payments platform built on the principles of Open Banking and Open Finance, has announced a partnership with MX Technologies, Inc., which claims to be a leader in Open Finance in North America. This partnership enables Moneyhub and MX “to leverage each… Read More

Twitter Gets Approved for Money Transmitter Licenses in Multiple States

Twitter has long been expected to move into financial services. Peer to peer payments on the social media platform make a lot of sense – not to mention payments and transfers in general. One of the largest payment platforms in the world is China’s WeChat… Read More

Vestas and Mangopay Partner on Renewable Energy Marketplace

Vestas has expanded its partnership with payment infrastructure provider Mangopay, to manage the payment flows of Covento, its B2B marketplace for the renewable energy sector. The two firms have been working together since 2021. The “enhanced partnership” is expected to see Mangopay manage all payment… Read More

European Payments Fintech Inpay Secures EMI License from Danish Financial Supervisory Authority

Inpay, the international payments firm, has secured an Electronic Money Institution (EMI) licence from the Danish Financial Supervisory Authority (FSA), “becoming the first Scandinavian fintech to combine EMI, PSP, and TPP.” The new license will enable the company “to issue electronic money, facilitate digital payments… Read More

Global Payments Fintech Nium Establishes Singapore Headquarters, Announces US IPO Plans

Nium, which claims to be the leader in real-time global payments, recently announced the opening of its new headquarters in Singapore. The ceremony was officiated by Mr. Heng Swee Keat, Deputy Prime Minister of Singapore. The new facility, located strategically at Capital Tower in the… Read More

BNPL: UK Firms Can Now Give Trade Clients 12 Months to Pay for Products with iwoca B2B Payments

Businesses in the UK can now give their trade customers up to 12 months to pay for products or services, with a new feature of iwoca‘s integrated B2B payments solution iwocaPay. Building on a 3 month offering, iwocaPay has now added “a second option allowing… Read More

Workforce Payments: Washington Wizards, Washington Capitals, Capital One Arena Partner With DailyPay to Offer its Employees On-Demand Pay

The Washington Wizards, Washington Capitals, and Capital One Arena have partnered with DailyPay, providing the essential financial wellness benefit of on-demand pay to arena and team employees. As part of the partnership, DailyPay will be designated “as the official ‘On-Demand Pay Partner’ for the Washington… Read More

Visa to Acquire Pismo. a Banking and Payments Tech Firm, For $1B

Visa (NYSE: V) recently announced it has signed a definitive agreement to acquire Pismo for $1 billion in cash. Together, they will be positioned “to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards for clients via cloud native APIs.”… Read More

ForwardAI, an Aggregated Direct Data Access Provider to Accounting and ERP Platforms, Announces Product Update

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, announced the launch of the Forwardly Partner Program, which offers rewards to accountants, bookkeepers and financial professionals who refer business to Forwardly, the first real-time payments solution for small businesses in the… Read More

Google Workspace Integrates Stripe to Help Firms Accept Payments via Google Calendar

Stripe, a financial infrastructure platform for businesses, announced a partnership with Google Workspace to power paid appointment bookings with Google Calendar. The new feature, which is built on Stripe Connect and Stripe Checkout, “enables customers to pay for services directly while making a booking on… Read More

Cross River Bank, Fintainium Expand Fintech Payment Offerings for SMBs

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

Latin America: Fintech Dock Launches Responsible Credit Solutions to Enable Financial Inclusion

Dock, an innovator in payments and digital finance infrastructure across Latin America, announced the launch of Responsible Credit Solutions on its proprietary Dock One platform. These solutions enable businesses “to offer an array of flexible, customizable credit and loan products to their customers in a… Read More

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