Tagged: payments

March 30, 2023 @ 10:29 am By Amal Ahmed  |  

Industry players are on a mission to differentiate themselves, while merchants and consumers are demanding innovative ways to pay for what they buy.  A seamless payment experience is becoming more and more important to consumers and, therefore, merchants as e-commerce continues to be as competitive… Read More

March 29, 2023 @ 8:38 am By Omar Faridi  |  

ZEBEDEE, a payments processor, has announced an overhaul of how users can move money across the world. The upgraded feature for borderless transactions showcases “the power and potential of global, friction-free and currency-agnostic payments and represents a significant improvement and simplification of how anyone can… Read More

March 28, 2023 @ 8:37 am By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators “to bring financial products and services to market with greater speed and growth potential.” The… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 26, 2023 @ 1:34 pm By Omar Faridi  |  

Checkout.com, the global payments solutions provider, and Mastercard announced that they will make Mastercard Send available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service – which “powers real-time payments1 for consumers, gig… Read More

March 26, 2023 @ 7:27 am By Omar Faridi  |  

Pundi X is now registered with FINTRAC as the Money Service Business in Canada. This registration enables Pundi X “to conduct virtual currency and payment service provider businesses in the country, and marks an important milestone in the company’s expansion efforts.” Zac Cheah, CEO and… Read More

March 25, 2023 @ 7:48 am By Omar Faridi  |  

J.P. Morgan (NYSE: JPM) will begin piloting biometrics-based payments with select retailers in the U.S. This is the first pilot solution to launch from J.P. Morgan Payments’ new Commerce Solutions suite of products, “dedicated to helping merchants adapt to the rapidly evolving payments landscape.” Its… Read More

March 24, 2023 @ 11:07 am By Omar Faridi  |  

On a mission to “revolutionize” the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced that it has raised USD $7 million. The investment round was “led by North American venture capital firm F-Prime Capital, accompanied by Wollef,… Read More

March 24, 2023 @ 4:59 am By Omar Faridi  |  

Following the acquisition of fraud detection company Nethone in November 2022, Mangopay continues strengthening its payment flow capabilities “by acquiring WhenThen, a payment orchestration and payments automation platform, providing powerful payment acceptance and payment operations to marketplaces and platforms big and small.” Just four months… Read More

March 23, 2023 @ 8:36 am By Omar Faridi  |  

Billie, the provider of Buy Now, Pay Later (BNPL) payment solutions for business customers, and Mollie, which claims to be one of the fastest-growing payment service providers in Europe, have launched their pan-European partnership in order to bring Buy Now, Pay Later payment solutions to… Read More

March 23, 2023 @ 8:27 am By Omar Faridi  |  

Telegram users are now able to send Tether’s USDT stablecoin to each other. As part of a recent notification, the messaging app provider told its users that the app’s wallet feature can support USDT-TRON, commonly referred to as the TRC-20 standard. The ability to accept… Read More

March 22, 2023 @ 11:49 pm By Omar Faridi  |  

Swiss payment startup Centi announces the launch of its Swiss Franc pegged stablecoin, backed 1:1 by a Swiss bank, which will “serve as the basis for Centi’s groundbreaking Global Payment Network.” Combining the efficiency of blockchain technology with the rigor of Swiss banking, Centi has… Read More

March 22, 2023 @ 11:17 pm By Omar Faridi  |  

Qolo, which claims to be one of the leading omnichannel payments and card issuing processors, recently announced its partnership with PayQuicker, a key player focused on financial technology solutions for the global payouts market, in order “to provide unified disbursement services to PayQuicker and its… Read More

March 22, 2023 @ 10:28 pm By Omar Faridi  |  

At Two, they’re working relentlessly to make B2B transactions as frictionless as consumer payments. Now they’re pleased to announce their €18 million Series A investment round. This brings our total capital raised “to €28 million, previously unannounced.” This funding round was “led by Shine Capital,… Read More

March 21, 2023 @ 9:13 pm By Omar Faridi  |  

There’s new regulation requiring individuals using digital payment apps to report their earnings – over $600 – directly to the IRS. This change significantly impacts business owners, side hustlers, and gig economy workers. These individuals must file Form 1099-K, creating an extra step during tax… Read More

March 20, 2023 @ 11:08 pm By Omar Faridi  |  

Infinicept, a provider of embedded payments, and LegitScript, a key playrer focused on merchant and product certification and website monitoring in the e-commerce and payment sectors, announced a partnership to deliver comprehensive merchant monitoring capabilities. Together, Infinicept and LegitScript will “provide a robust and holistic… Read More

March 20, 2023 @ 3:40 pm By Omar Faridi  |  

Engage People, which claims to be the only loyalty network that enables program members to pay with points (PwP) directly at checkout, “reported 22 billion points redeemed and a total of 1.8 million in transactions across its loyalty network in 2022.” As the demand for… Read More

March 20, 2023 @ 8:14 am By Omar Faridi  |  

Buy Now Pay Later (BNPL) usage continues to grow, but “not all these payment plans are experiencing the same level of customer engagement,” according to an update shared with CI. By the end of 2021, shoppers had “spent more than $20 billion using BNPL, and,… Read More

March 19, 2023 @ 10:51 pm By Omar Faridi  |  

PeerBerry business partners are “repaying EUR 1.7 million of war-affected loans.” Under the Group guarantee mechanism in 13 months of the war, PeerBerry business partners have already “repaid EUR 34.8 million, or 69,3% of the total war-affected obligations towards PeerBerry investors.” Remember that AutoMoney UA… Read More

March 19, 2023 @ 2:50 pm By Omar Faridi  |  

Juniper Research specializes in identifying and appraising new high-growth market sectors within the digital ecosystem. They provide market research covering 90 technology markets. Their research reports form the basis on which their analysts make various predictions. As noted in an update shared by Juniper Research,… Read More