Tagged: virtual payments

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 8, 2023 @ 10:34 pm By Omar Faridi  |  

Onbe, a corporate disbursements platform, published its 2023 Future of Payments Survey, finding that digital payments continue “to drive US consumer preferences in today’s connected economy.” 70% of respondents prefer “to receive payments digitally and 73% prefer to shop and pay with digital methods, including… Read More

March 2, 2023 @ 8:36 pm By Omar Faridi  |  

Kriya Payments is now available in 42 countries. This means buyers worldwide can “take advantage of flexible payment terms, feeling more secure about their cash flow.” General Manager, Martina Trifonova, has commented on the thinking behind the decision was, what the team learned in the… Read More

February 17, 2023 @ 12:17 pm By Omar Faridi  |  

Visa Inc. (NYSE: V) announced new offers aimed “to help small and micro businesses (SMBs) accept digital payments, fine-tune their essential systems and save on the technology needed to grow and build business resilience.” With Visa SavingsEdge, eligible Visa Small Business cardholders can “unlock automatic… Read More

February 7, 2023 @ 11:25 pm By Omar Faridi  |  

Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank announced the launch of in-store acceptance of retail payments via Digital Rupee – Retail [e₹-R]. After being the first to introduce dynamic QR based in-store UPI payments, Reliance Retail, in continuance of… Read More

January 28, 2023 @ 8:35 pm By Omar Faridi  |  

Worldline [Euronext: WLN], a key player focused on payments services, announced the launch of its Buland Bharat digital payments suite, which is designed specially “keeping in mind the needs and wants of small and medium businesses (SMBs) in India.” The Buland Bharat digital payments suite… Read More

January 22, 2023 @ 3:35 pm By Omar Faridi  |  

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

January 3, 2023 @ 9:01 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) in the Philippines revealed that it will be making a full shift towards all-digital payments by February 1, 2023. The general public residing in the Southeast Asian country will be using the eSPAYSEC that was introduced in March 2022,… Read More

December 28, 2022 @ 9:36 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More

December 21, 2022 @ 10:03 pm By Omar Faridi  |  

When it comes to payments, Latin America is “diving deeper into alternatives,” according to an update from EBANX. Beyond Borders 2022/2023, a recent study by EBANX, a Brazilian fintech that processes payments for global players in rising markets, “shows that alternative payment methods (APMs) have… Read More

December 15, 2022 @ 9:51 pm By Omar Faridi  |  

Cashfree Payments, India’s leading payments and API banking solutions company, is enabling eUPP (eLite Unified Payment Platform), a fee payment management system for schools and colleges, “to offer an instant and secure fee payments experience for end users.” Currently, through this partnership, “more than 500… Read More

December 14, 2022 @ 7:59 pm By Omar Faridi  |  

Currencycloud, which claim to be the experts simplifying business in a multi-currency world, has partnered with South Korea-based global remittance and payment provider SentBe in order “to improve the regional reach of its payments service and offer its Korean consumers and businesses a more streamlined,… Read More

December 12, 2022 @ 8:10 pm By Omar Faridi  |  

One Inc, which claims to be the leading digital payments network for the insurance industry, announced that Arbella Insurance Group, a customer-focused, regional property, and casualty insurance company based in Massachusetts, has selected One Inc’s suite of digital payment solutions “with PremiumPay and ClaimsPay, for both… Read More

November 24, 2022 @ 5:36 pm By Omar Faridi  |  

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, announced the launch of its new Digital Integrated Payments Hub enabling businesses and public sector agencies “to access secure, faster, and cost-effective options to send, request or receive payments.” By integrating the payment capabilities… Read More

November 10, 2022 @ 5:09 pm By Omar Faridi  |  

Gate.io, which claims to be one of the world’s “earliest” and “largest” cryptocurrency exchanges, has officially launched Gate Pay, a crypto-based payment product. Gate.io believes that, “with a larger purpose to bridge the divide between blockchain and everyday life, cryptocurrencies will assume the basic and… Read More

November 2, 2022 @ 8:39 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global player in the evolution of digital P2P payments, announced the launch of “a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app.” This new and innovative feature “gives MoneyGram customers in nearly… Read More

November 1, 2022 @ 2:37 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that it has integrated the Hi Marley Insurance Cloud with One Inc’s ClaimsPay platform. This integration “allows carriers to conduct text message conversations with claimants inclusive of digital payment, a unified and modern approach.”… Read More

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 11, 2022 @ 5:04 pm By Omar Faridi  |  

Mercury is using Oracle Banking Payments, running on Oracle Cloud Infrastructure (OCI) in order “to help democratize digital payments in the UAE.” With Oracle Banking Payments, Mercury was able “to capitalize on changes in the digital payments landscape in the post-pandemic era to create their… Read More

October 10, 2022 @ 10:11 pm By Omar Faridi  |  

Visa Inc. (NYSE:V), the leader in digital payments, shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously “targeting online and offline vulnerabilities as our daily lives return to a blend of in-person and e-commerce experiences.” Paul… Read More