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Payments
Tide Rides Adyen's Banking Wave into Germany's SME Market
2024-05-02T15:24:43.379+02:00
The partnership enables Tide to utilize Adyen's banking services, including SEPA payments.
The member base of Tide has exceeded 800,000 small businesses across India and the UK.
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Payments
Nium and Borderless AI Forge Partnership for Cross-Border Payments in EOR
2024-05-01T16:01:00.000+02:00
Borderless AI utilizes Nium’s platform to transfer funds, facilitating global financial management across 190+ countries.
As part of this partnership, Borderless AI has announced the appointment of Chief Payments Officer and Chief Product Officer.
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Payments
Mercuryo Integrates with zkSync for Fiat-to-Crypto Conversions on Ethereum
2024-04-29T12:07:28.777+02:00
This integration cuts out the need to bridge assets from Ethereum's mainnet.
The expected benefits include decreased gas fees, expedited transaction speeds, and fortified security protocols.
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FinTech
Paystand Enhances B2B Payments Network through Teampay Acquisition
2024-04-26T18:44:01.970+02:00
The combined platform aims to rationalize processes across employees, vendors, and customers to drive profitability for CFOs.
Paystand previously formed alliances with NetSuite, Sage, and Microsoft Dynamics.
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Payments
Visa Facilitates Payment Integration with AI-Assisted Developer Tool
2024-04-17T13:47:21.033+02:00
The new solutions will aid merchants in managing complex payment experiences.
Tap to Phone technology enables contactless payments via smartphones in 121 countries.
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Payments
dLocal and Papaya Global Join Forces to Transform Cross-Border Payments
2024-04-09T11:56:39.452+02:00
The partnership integrates payroll and payment processes, providing a comprehensive solution.
The initial deployment saw increased payments, better delivery rates, and fewer service issues.
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Payments
CAB Payments Secures European Foothold with New Licence and Amsterdam Office
2024-04-04T09:43:06.512+02:00
After securing a license from DNB, the company wants to mark its presence in the country.
CAB expands to EEA and aims to transform cross-border payments.
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Payments
ACI and AFS Unite for 10 Years to Modernize Digital Payment Solutions
2024-04-01T12:23:28.913+02:00
AFS, regulated by Bahrain's Central Bank, serves over 60 clients in 20 countries.
ACI will provide the payments platform for secure, flexible transactions across various languages and currencies.
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Payments
Adyen Teams Up with Adobe Commerce for Enhanced Payment Solutions
2024-03-29T11:23:50.239+02:00
Online and offline payment integration enhances merchant success and security measures.
This collaboration empowers merchants with Adyen's features for checkout, fraud protection, and optimization.
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FinTech
Alchemy Pay Invests in UK's LaPay to Expand Global Payment Solutions
2024-03-28T18:50:19.635+02:00
LaPay holds a UK Authorised Payment Institution License regulated by the FCA.
Alchemy Pay holds regulatory licenses across four continents, totaling six licenses.
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Payments
"Card Payments No Longer the Default Choice”: Study Predicts 19% Decline in 4 Years
2024-03-27T18:40:05.558+02:00
Based on a survey of 10,500 consumers and data analysis from 37 major markets, rapid growth in A2A payments is highlighted.
Local payment methods are set to dominate at 58% of ecommerce transactions by 2028, up from 47% in 2023.
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Payments
MoneyGram Introduces Cardless Payments with Trustly across Europe
2024-03-20T19:59:50.803+02:00
The integration enables users of MGO to make payments directly from their bank accounts.
Trustly's data engine Azura offers contemporary bank payment infrastructure.
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Payments
Shift4 and Atlante Partner for EV Charging Payments in Southern Europe
2024-03-19T17:46:01.110+02:00
Europe saw around 7.8 million EVs on its roads in 2022, marking a significant surge.
EV charging payments have begun in Italy and France, set to expand to Spain and Portugal by early 2024.
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Payments
EazyPay and Tabby Forge Alliance for Retail Transactions in Bahrain
2024-03-18T19:02:08.792+02:00
Merchants with EazyPay POS systems can offer Tabby's 'Pay in 4' to customers.
This service lets customers split purchases into four interest-free payments at checkout.
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Payments
India's Paytm Secures Approval for Consumer Digital Payments Platform
2024-03-15T14:10:33.660+02:00
The banking partners will enable peer-to-peer transactions and UPI payments.
Before, the firm operated under a license linked to its affiliate, Paytm Payments Bank.
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FinTech
Dorsey's Block Stuns with Q4 Earnings Beat, Shares Skyrocket
2024-02-23T10:08:43.869+02:00
The company's earnings exceeded estimates, driving shares up 14% in after-hours trading.
Surprise profit and strong Cash App growth propel Block's optimistic financial outlook.
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FinTech
Block's Big Trim: Dorsey's Firm Initiates Cost-Cutting Layoffs
2024-01-31T12:32:41.815+02:00
Fintech begins layoffs as part of cost-cutting, aiming to reduce staff to 12,000 by 2024.
Block's stock remains stable despite layoffs, and analysts see cost focus as beneficial.
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FinTech
Equals Group Ends 2023 on High Note with 37% Revenue Surge
2024-01-16T10:01:52.152+02:00
The rise was driven by growth in its Solutions business and B2B products.
Despite an ongoing strategic review, Equals expressed confidence in its growth prospects.
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FinTech
Wise’s Growth Continues in Q3 FY24: Income Jumps 40%
2024-01-16T09:54:15.056+02:00
The platform generated a quarterly revenue of £276.6 million.
It upgraded its annual income growth guidance to 42-44 percent.
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FinTech
H1 Performance of Wise: EBITDA Jumps 163%, Outlook Remains Bullish
2023-11-14T10:19:05.527+02:00
The EBITDA margin of the company improved to 36.7 percent.
It is expecting an annual income growth between 33 and 38 percent.
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CryptoCurrency
Australia's Top Bank Halts Payments to Selected Crypto Exchanges
2023-06-08T12:56:18.182+02:00
Last month a similar move was announced by Westpac.
Recent actions show that Australia is restricting access to crypto.
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FinTech
The Power of Fintech: Empowering Individuals and Boosting Financial Inclusion
2023-05-01T10:30:01.149+02:00
Over 1.2 billion unbanked adults gained banking access in the last decade.
85 countries utilized digital systems during the first year of the pandemic.
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Payments
Paying with Your Wrist: The Future of Wearable Payments
2023-03-16T15:21:58.683+02:00
A look into the growing trend of wearable devices.
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Payments
What Will the Future Hold for Payment Aggregators?
2023-03-09T15:40:33.671+02:00
Could Web3 be the Payment Aggregator killer?
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Payments
The Role of Payment Aggregators in Streamlining Online Payments
2023-03-08T19:24:50.805+02:00
A deep dive into Payment Aggregators and what the future might hold.
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