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Institutional FX

Goldman Sachs, Derivative Path to Power Global FX Payment for US Banks

  • The collaboration is targeted at regional and community banks in the US.
  • The companies' joint solution is directed at spot forex and international payments.
Thursday, 30/06/2022 | 15:36 GMT by Solomon Oladipupo
FinTech

Unlimint Becomes Telegram’s Payment Provider, to Power In-App Purchase

  • Unlimint to power purchase of goods directly from the Telegram chat box.
  • The development is 'a response to the evolution of online shopping'.
Tuesday, 28/06/2022 | 18:24 GMT by Solomon Oladipupo
Executive Moves

Equals Money Hires Tom Kiddle as Chief Commercial Officer

  • He is a seasoned payment executive based in London.
  • Equals shifted its focus from retail to B2B.
Monday, 27/06/2022 | 10:31 GMT by Arnab Shome
Payments

Are Crypto Payments Even a Thing or Just a Dead Gimmick?

  • Bitcoin has lost 70 percent of its value from its peak.
  • Companies like Tesla and AMC are still accepting crypto payments.
Sunday, 26/06/2022 | 08:59 GMT by Arnab Shome
FinTech

Wirex Resumes Services in UK after ‘Constructive Dialogue’ with FCA

  • Wirex introduced upgrades to some of its products.
  • The digital payment firm will onboard Faster Payments 'in the coming weeks'.
Thursday, 23/06/2022 | 14:15 GMT by Solomon Oladipupo
CryptoCurrency

Spanish Airline Vueling to Accept Crypto Payment from 2023

  • Vueling to permit 13 cryptocurrencies from more than 100 wallets.
  • The airline is joining forces with BitPay and UATP.
Thursday, 16/06/2022 | 14:07 GMT by Solomon Oladipupo
News

Mox Introduces New Service for Instant Money Transfers

  • The new service will improve cash flow control of customers.
  • The service will assist Mox Credit clients in bill payments.
Wednesday, 18/05/2022 | 11:24 GMT by Bilal Jafar
Executive Moves

Global Processing Services Selects Simon Stanford as Chief Revenue Officer

  • Stanford joins GPS from Worldpay.
  • He has more than 20 years of experience in the corporate sector.
Thursday, 05/05/2022 | 15:55 GMT by Bilal Jafar
FinTech

Zvilo Taps Mastercard to Open Up SME Lending in the Balkans

  • Both companies will create a digital wallet for SMEs in the future.
  • SMEs comprise over 99% of total enterprises in the Balkans.
Wednesday, 27/04/2022 | 13:11 GMT by Solomon Oladipupo
News

Paysend Opens Its Official Americas Headquarters in Florida

  • Over the past four years, Paysend has grown by 14,498%.
  • Miami startups raised $4.6 billion in 2021.
Wednesday, 20/04/2022 | 01:23 GMT by Felipe Erazo
News

Blackstone Makes £140 Million Strategic Investment in Currencies Direct

  • Currencies Direct is a prominent digital FX and global payments platform.
  • The transaction is expected to close by the end of Q1 of 2022.
Tuesday, 08/03/2022 | 12:19 GMT by Bilal Jafar
News

Mastercard Joins Hands with Massmart

  • The company has partnered to boost digital commerce.
  • Mastercard aims to support small, medium and micro-enterprises.
Friday, 18/02/2022 | 13:57 GMT by Bilal Jafar
News

Fintech Company Vitesse PSP Raises $26 Million

  • According to the company, the funding will drive the digitization of the insurance market.
  • The Series B investment round was led by Prime Ventures.
Saturday, 12/02/2022 | 12:16 GMT by Bilal Jafar
News

Worldline Expands Payment Offering for Global Merchants

  • The company has announced the integration of Alipay+ into its global portfolio.
  • The enhanced offering will support merchants through a wide range of digital payment options.
Thursday, 10/02/2022 | 13:57 GMT by Bilal Jafar
CryptoCurrency

Is the Payments Industry Really Ready for Bitcoin?

  • Bitcoin's cumulative annual transfer volume in 2021 exceeded that of Visa.
  • The daily average transaction value came in at $136,555.
Wednesday, 09/02/2022 | 09:32 GMT by Arnab Shome
Payments

ISX Financial Sees Jump in Q4 Payments, 2021 Profits at €1.4M

  • The company generated a revenue of €22.7 million last year.
  • It is diversifying revenue from card acquiring to low-cost SEPA.
Tuesday, 08/02/2022 | 13:00 GMT by Arnab Shome
News

AstroPay Enhances Presence in Cryptocurrency Market

  • The company has expanded its offering to reach a broader range of users.
  • AstroPay offers innovative online payment solutions.
Tuesday, 01/02/2022 | 13:41 GMT by Bilal Jafar
Institutional FX

Global Payments Division of StoneX Launches Digital Payment Initiative

  • The company announced the hiring of Dean Chang as the Global Head of Digital Payments.
  • Chang previously served as the Chief Operating Officer at Island Pay.
Thursday, 20/01/2022 | 08:27 GMT by Bilal Jafar
News

International Payments Company APEXX Global Enters the US Market

  • The company saw rapid growth in the European markets recently.
  • APEXX Global highlighted the growing popularity of BNPL options.
Wednesday, 12/01/2022 | 13:03 GMT by Bilal Jafar
News

Worldline Expands European Presence with Axepta Italy’s Acquisition

  • The company formed several partnerships with European firms in 2021.
  • Axepta Italy is a prominent bank acquirer in the country.
Tuesday, 04/01/2022 | 11:41 GMT by Bilal Jafar
News

Zwipe Partners with Easy Pay and KL HI-TECH to Pilot Biometric Payment Cards

  • The companies are planning to introduce an efficient payment experience in India.
  • Payment cards will be commercially launched by summer 2022.
Monday, 27/12/2021 | 09:15 GMT by Bilal Jafar
News

Taptap Send Raises $65 Million in Series B Funding

  • The investment round was led by Spark Capital.
  • Unbound also joined the Series B financing.
Friday, 24/12/2021 | 09:51 GMT by Bilal Jafar
News

Payment Solutions Provider Payhawk Receives $112 Million in Funding

  • The fintech company is now valued at $570 million.
Wednesday, 24/11/2021 | 08:54 GMT by Bilal Jafar
Payments

Fiserv Completes Acquisition of Marketing Platform BentoBox

  • No details on the amount of the transactions were disclosed in the announcement.
Monday, 22/11/2021 | 19:56 GMT by Felipe Erazo
News

Mastercard Collaborates with New Orleans for Crescent City Card Program

  • The financial giant has partnered with the city of New Orleans to enhance financial inclusion.
Monday, 15/11/2021 | 10:26 GMT by Bilal Jafar
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