Tagged: virtual payments

UK’s PSR Releases Remedies Consultation for its Card-Acquiring Market Review

The UK’s Payment Systems Regulator (PSR) has released its initial remedies consultation for its card-acquiring market review. Each time a consumer carries out a card payment – for instance, when purchasing their weekly groceries – the merchant makes use of card-acquiring services to take the… Read More

Brex Partners with 1Password to Make Online Payments Secure and Frictionless

Silicon Valley Fintech Unicorn Brex and 1Password have teamed up to make online payments secure and a lot less frictionless. As mentioned in the announcement, 1Password clients may now use Brex virtual credit cards to “check out online with just two clicks.” Brex is a… Read More

Digital Transformation: Visa Shares Suggestions for Small Business Owners Planning to Take Virtual Payments

Freedom, work satisfaction and flexibility are a few of the key reasons that small business owners “take the leap” to pursue their vision, according to an update from Visa (NYSE: V). Rachelle Gonzalez, Founder of Taco Shelly’s in Bethlehem, PA, had reached a key point… Read More

Digital Payments Fintech Remitly Explains How to Send Money to Thailand

Remitly, a payments company that leverages digital channels, including mobile phones, to send money internationally, has explained how you can send funds securely to Thailand. Remitly writes in a blog post that if you’re looking for a safe way to send funds to Thailand, then… Read More

Indian Payments Fintech Paytm Explains How Merchants May Verify Payment Receipts with their SoundBox, and Business App

Indian payments Fintech Paytm says that one of things they are proud of is their 23 million merchant partners, who have chosen them for the “trusted” and secure payments experience. Paytm writes in a blog post that they’ve built their leadership in the peer-to-merchants space,… Read More

Fintech Enfuce Discusses Benefits of Modernizing Your Card Processing System

Finland’s card-as-a-service (CaaS) platform Enfuce, which recently finalized a €45 million Series C round, notes that client expectations and competition in the banking sector are “getting tougher all the time.” Denise Johansson, Co-Founder, Chief Commercial Officer & Deputy CEO at Enfuce, writes in a blog… Read More

Fintech Nium to Continue Building Out Card Issuance, Banking, Crypto as a Service in 2022

Nium, a company focused on payments and card issuance for businesses, notes that as they wrapped up 2021, they decided to take a look back at some of the key milestones.. 2021 was a year of many ‘firsts’ for Nium, the company wrote in a… Read More

Payments Survey Finds Strong Remittance Consumer Sentiment, Driven by Changing Requirements Abroad and Greater Digital Adoption

MoneyGram International, Inc. (NASDAQ: MGI), a global supporter of evolution of digital P2P payments, shared the results of a consumer survey that offers insights into cross-border money transfer flows going into 2022. Results reveal that as the requirements of family and friends abroad continue to… Read More

Pakistani Payments Fintech SadaPay Explains How they Minimize End-to-End Testing to Build Seamless Apps

Eli Mydlarz, Head of Engineering at Pakistani Fintech SadaPay, has noted that his firm likes to get feedback as fast and early as possible, so they can’t depend on end-to-end testing while creating financial software applications. Eli wrote in a blog post, earlier this month,… Read More

2021 Saw Growing Appetite for Digital Payments Across Latin America: Report

Rapyd, a Fintech-as-a-Service firm, shared the results of a survey exploring the adoption of digital finance tools and e-commerce in Argentina, Colombia, Mexico, and Brazil. Even though the region has a fairly large unbanked population, the survey revealed that among those with active bank accounts,… Read More

India’s Payments Fintech Paytm Introduces Tokenization Solution for Online Credit and Debit Card Transfers

In order to ensure the safety and security of the payment system, the Reserve Bank of India (RBI) has expanded the tokenization facility from an earlier version/framework to Card on File Tokenization (COFT). Virtual payments Fintech Paytm has now introduced a tokenization solution for online… Read More

ACI Worldwide Extends Partnership with PayPoint to Support Modernization of its Payments Business

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and solutions, has announced that it is extending its partnership with PayPoint, the provider of innovative tech and payment services, in order to “drive modernization of its payments business.” PayPoint, a long-standing customer,… Read More

Taptap Send Secures $65M via Series B to Enhance Cross-Border Fintech Platform

Taptap Send, a community-focused cross-border financial platform, has announced a $65M Series B round led by Spark Capital, along with contributions from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from… Read More

Indian Fintech Razorpay Secures $375M via Series F Round at $7.5B Valuation

The month of December is always an “exciting month” for Razorpay, the company wrote in a blog post dated December 20, 2021. Razorpay added that it has celebrated its 7th year since launch. The firm reveals that what started off as an idea between Shashank… Read More

Hubert Rachwalski: CEO at Nethone Explains How His Data Science, Security Team Combats Online Fraud

We recently connected with Hubert Rachwalski, CEO at Nethone, a company focused on a “Know Your Users” strategy to resolve fraud, so clients are able to gain more loyal customers while rejecting only fraudsters. Hubert talked about how cybercriminals are attempting to exploit online platforms… Read More

Virtual Payments Surge Leads to Sharp Increase in Dispute Volumes Across the Sector, Verifi Reveals

Verifi, a Visa solution, is reportedly making strides to ease merchant pain points while driving operational efficiency with the international expansion of their “first to market” Rapid Dispute Resolution (RDR) solution. As an innovative market participant specializing in merchant dispute prevention and resolution, Verifi first… Read More

Aliasware to Join Nacha’s Phixius Peer to Peer Network for Exchange of Payments related Data

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Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha have revealed that Aliaswire will be joining the Phixius Peer-to-Peer Network for the exchange of payment-related data. Established and operated by Nacha, the Phixius Peer-to-Peer Network enables participants to… Read More

Consumer Financial Services Firm, Synchrony, Makes Investment in Skipify, a Digital Payments Company

Synchrony, a consumer financial services firm, has announced a strategic investment in Skipify – a digital payments firm that allows merchants to provide an instant, one-tap checkout solution. In addition to the investment made via Synchrony Ventures, Synchrony will team up with Skipify on “commercializing… Read More

ACI Worldwide Teams Up with KyckGlobal to Expand Digital Disbursements for Billing Organizations

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time digital payment software, has announced a partnership with KyckGlobal, a virtual payments company, in order to improve digital disbursements for biller organizations across the US, offering a wide array of options including global and cash payments…. Read More

EBANX, a Payments Platform in LatAm, Acquires Remessa Online, a Brazilian Remittance Payments Fintech

EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, “in a deal valued at $229 million.” With the addition of Remessa Online’s expertise and tech, EBANX… Read More

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