Tagged: payments

June 8, 2023 @ 5:20 pm By Omar Faridi  |  

AP+ reportedly says that it welcomes the Australian Federal Government’s Strategic Plan for Payments System. Australian Payments Plus (AP+) confirms that it “supports the Government’s Strategic Plan for the Australian Payments System.” According to an update shared with CI, the plan is critical “for driving… Read More

June 8, 2023 @ 1:12 am By Omar Faridi  |  

Payments are one of crypto’s “biggest” and “earliest” use cases, and Binance‘s new partnership with Lyzi is “helping to achieve this goal in more locations.” While many use crypto as an investment, it’s also “a great way to transfer value globally with minimal fees and… Read More

June 7, 2023 @ 8:14 pm By Omar Faridi  |  

A B2B marketplace for payments solutions, the JP Morgan Payments Partner Network aims to connect J.P. Morgan (NYSE:JPM) clients “with the broader payments and technology ecosystem.” This searchable ‘one-stop shop’ will open up new opportunities for the payments industry. Tapping into the power of the… Read More

June 7, 2023 @ 7:46 pm By Omar Faridi  |  

Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, announced its official launch with $17 million in funding from investors, including Eric Schmidt and Steel Perlot Management, LLC. Powered by a “highly scalable” proprietary ledger technology, capable of processing more than… Read More

June 7, 2023 @ 9:15 am By Omar Faridi  |  

iiPay, a provider of cloud-based global payroll software solutions, announced the release of the innovative ContractorPay, a new solution designed to support the rapidly growing gig economy. This new offering “will empower multi-national corporations to effortlessly manage payments to their contractors across the globe, alleviating… Read More

June 6, 2023 @ 3:07 pm By Omar Faridi  |  

Chargebacks911 and Fi911, the firm focused on chargeback management technology, announced the appointment of payments industry professionals Guy Harris as its Chairman of the board, and Eric M. Hoffman as President of Interbank Solutions and board member. The two experienced and well-connected payments professionals, “who… Read More

June 6, 2023 @ 8:12 am By Omar Faridi  |  

Mercedes-Benz Financial Services USA LLC, which provides finance, lease and insurance services to customers of Mercedes-Benz brand cars, SUVs and vans, announced that the CEO of Mercedes pay USA will take part in a connected car panel at AutoTech Detroit on Wednesday, June 7th to… Read More

June 6, 2023 @ 7:25 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has unveiled its new brand for the Fintech and payment companies “with a unique, stand-out brand concept.” With its ability to create unique customer use cases, easier payment flows, happier customers, and stronger revenues, Enfuce wants “to be known… Read More

June 6, 2023 @ 7:06 am By Omar Faridi  |  

Global PayTech Ventures (GPT) announced its recent investment in Klearly, whose free app allows merchants to not only accept payments via smartphone, but also evaluate important business insights. The merchant-focused payment solution “helps European business owners operate more efficiently and provide better service to customers.”… Read More

June 6, 2023 @ 6:17 am By Omar Faridi  |  

Tipalti, the global payables automation solution, reveals fresh insights into the strategies of global finance leaders in high-growth businesses “amidst the current economic climate, with almost 8 in 10 (78%) believing sustainable growth is now more important than growth-at-any-cost.” With interest rates at their highest… Read More

June 5, 2023 @ 10:38 pm By Omar Faridi  |  

Nium, the firm focused on real-time global payments, has enhanced its market-leading payroll payments solution to support the complex needs of payroll platforms worldwide. Nium’s payroll solution “simplifies global growth for a majority of payroll platforms, including Panther, a provider of global employment, payroll, benefits,… Read More

June 5, 2023 @ 9:34 pm By Omar Faridi  |  

Blackhawk Network (BHN) has partnered with Google Play in order “to launch a new way for consumers to enjoy their favourite digital apps and games by transacting in physical retail locations to convert real-world cash into digital currency.” The partnership is “powered by BHN’s systems… Read More

June 5, 2023 @ 7:58 pm By Omar Faridi  |  

Gr4vy, the cloud-native payments infrastructure company, announced the launch of its centralized cloud vault to securely tokenize, store, pull, update and distribute card data, including network tokens, as well as alternative payment methods (APMs) tokens and PSP tokens. Backed by PCI DSS Level 1 certification,… Read More

June 5, 2023 @ 8:44 am By JD Alois  |  

PayFuture has received an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA). PayFuture states that with the EMI license, it will start to offer a suite of payment products, including the ability to issue electronic money, facilitate digital payments, and money… Read More

June 5, 2023 @ 8:35 am By JD Alois  |  

Giesecke+Devrient (G+D) has become a “Digital First integrator” as part of the Mastercard Engage network. G+D says it has expanded its role with Mastercard to facilitate digital payment solutions. Founded in 1852, G+D is a global security technology group headquartered in Munich. G+D develops technology… Read More

June 4, 2023 @ 9:55 pm By Omar Faridi  |  

Sway, a company that aims to turn your phone into a payment terminal & accept in-person payments without transaction fees, has reportedly raised 111% (£627,157) of its £560,000 target from 335 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs…. Read More

June 3, 2023 @ 10:27 am By Omar Faridi  |  

HAYVN, a digital asset focused financial institution delivering Payments, Trading, Custody, Asset Management and Research services, has obtained a Virtual Asset Service Provider (VASP) license from the Lithuanian Financial Crime Investigation Service (FNTT). This regulatory approval “complements HAYVN‘s existing regulatory framework in the UAE, the… Read More

June 2, 2023 @ 12:09 pm By Omar Faridi  |  

Standard Life, part of Phoenix Group, has partnered with Moneyhub, the open finance data and payments fintech, “to enhance its digital app and dashboard, rolling out its own open finance powered tool, Money Mindset, to its existing 1.5 million workplace pension scheme members.” The addition… Read More

June 1, 2023 @ 11:13 pm By Omar Faridi  |  

Mesh Payments announced the expansion of its unified spend management platform to support global multinational businesses operating in Europe, UK, and Asia in local currencies. Mesh now enables companies “to operate globally across international entities, issue local cards and settle in local currencies all from… Read More

June 1, 2023 @ 10:42 pm By Omar Faridi  |  

NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised $53.6m. The investment round was “led by Finch Capital, and includes participation from Outpost Ventures, a Neuberger Berman fund, with participation from individuals.” Peter Burridge,… Read More