Tagged: payments

April 24, 2024 @ 5:43 pm By Omar Faridi  |  

The team at Upflow is pleased to announce that we’ve secured $5 million in new funding to bring Payments by Upflow to market. This Series A extension will help them “bring the best of consumer e-commerce to B2B payments.” Designed specifically for B2B businesses, Payments… Read More

April 24, 2024 @ 8:23 am By Omar Faridi  |  

UK Finance, in association with law firm Addleshaw Goddard LLP, is announcing a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for commercial applications in the UK. VRPs are a form of payments instruction that “allows… Read More

April 23, 2024 @ 10:40 pm By Omar Faridi  |  

Trustly announces a pledge to boost growth for businesses across Europe. In a major move to enhance the checkout experience “for millions of people,” the payments tech firm unveils the new Trustly Growth Guarantee. They are offering clients – current and new – a fresh… Read More

April 22, 2024 @ 9:15 pm By Michael Wong  |  

Ant International, a Fintech and digital payment company headquartered in Singapore, has unveiled plans to establish a new Digital Business Centre in Malaysia, aimed at tapping into the region’s burgeoning tech talent to bolster its global operations. Scheduled to open in 2025, the center will… Read More

April 22, 2024 @ 4:54 pm By JD Alois  |  

TabaPay will acquire the assets of Synapse Financial Technologies following the decision of the firm to file for Chapter 11 bankruptcy. The courts must first approve the agreement. The specific terms were not revealed. TabaPay is a payments and transfers Fintech that reportedly provides services… Read More

April 22, 2024 @ 8:16 am By Omar Faridi  |  

Digital payments are becoming the cornerstone of the cross-border, international digital money transfer and remittances market “with numerous disruptor MTOs (Money Transfer Operators) making strong progress,” the Juniper Research team noted. Juniper Research has explained that cross-border transfer has evolved from being “solely a sphere… Read More

April 21, 2024 @ 8:24 am By Tony Zerucha  |  

This week WorldFirst, a digital payment and financial services platform for global businesses, launched WorldTrade, a payment solution for global sourcing to bolster the security and speed of cross-border payment for international SMEs that procure goods from suppliers based in China. WorldTrade employs smart contract-fulfillment… Read More

April 19, 2024 @ 4:00 pm By JD Alois  |  

Finzly has partnered with EverBank to enable a centralized payments process. EverBank is a nationwide specialty bank providing products and services to both consumer and commercial clients nationwide. Finzly supports banks, Fintechs, and other firms in offering financial services in a real-time ecosystem. Finzly claims… Read More

April 19, 2024 @ 3:49 pm By Omar Faridi  |  

AffiniPay, the enabler of online payments and software solutions for professionals, has announced the launch of its expansion into Puerto Rico for LawPay and CPACharge. With a strong presence established in the United States and Canada serving over 80,000 accounting and law firms, AffiniPay continues… Read More

April 19, 2024 @ 11:06 am By Omar Faridi  |  

Cognizant (NASDAQ: CTSH) announced a planned collaboration with FICO (NYSE: FICO),  a analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and machine learning (ML) technology… Read More

April 19, 2024 @ 6:45 am By Omar Faridi  |  

UK-based Fintech Wise (LSE:WISE) has shared key updates from January-March 2024. The Wise Q1 2024 update has released important highlights for the Fintech platform. Here’s a few highlights: Wise says it helped customers “save an estimated £447,518, 882 in Q1.” Wise further claims that it… Read More

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

April 18, 2024 @ 11:28 pm By Omar Faridi  |  

Rene Siegl, Founder, Executive Chairman at IXOPAY, says that he’s pleased to share that IXOPAY and TokenEx are merging, beginning a new era in the optimization of global payment systems. According to Siegl, this merger combines IXOPAY’s payment orchestration solutions with TokenEx’s specialization in “the… Read More

April 18, 2024 @ 9:44 am By Omar Faridi  |  

Paystand, the global enabler of B2B payments, today announced it has brought full payments integration to Microsoft Dynamics 365 Business Central. In addition Paystand will support Dynamics NAV, GP, AX, and Dynamics 365 Finance. It has also established a partnership “with independent software vendor ERP… Read More

April 17, 2024 @ 6:22 pm By Omar Faridi  |  

Nium, the global enabler of real-time, cross-border payments, announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium’s entry into the dynamic financial landscape of New Zealand and reinforces its commitment “to delivering innovative financial solutions… Read More

April 17, 2024 @ 11:15 am By JD Alois  |  

Payments Canada has announced a new system to speed up the payments and transfer process in Canada.  Real-Time Rail (RTR) seeks to enable 24/7/365 value transfer in real-time. Payments Canada is a “public purpose organization” that operates the Canadian payments system. In 2023, Payments Canada… Read More

April 17, 2024 @ 5:21 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today announced a partnership with URBN to power online and in-person retail payments for Urban Outfitters, Anthropologie Group, Free People, and FP Movement. With Stripe as its primary payments infrastructure, URBN will “introduce a more consistent checkout experience… Read More

April 15, 2024 @ 7:51 pm By Omar Faridi  |  

PhonePe announced that it has partnered with e-Sewa and the Hotel Association of Nepal (HAN) Pokhara to popularize UPI on the Fonepay Network, as a part of the Fewa New Year Festival which will be held from April 11-14th. The New Year festival is not… Read More

April 15, 2024 @ 5:52 pm By Omar Faridi  |  

Circle is pleased to announce that native USDC is now available on zkSync and accessible to developers and users – no bridging required. Circle Mint and Circle APIs now fully support USDC on zkSync. zkSync is a layer 2 (L2) rollup that “is hyperscaling Ethereum… Read More

April 15, 2024 @ 2:02 pm By Omar Faridi  |  

Inpay, the Danish cross-border payments provider, has announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022. The business also saw strong growth in EBITDA, “up 57 percent to €13.0 million in 2023, up… Read More