Tagged: international payments

April 11, 2023 @ 10:15 pm By Omar Faridi  |  

FYST, a “one-stop” payments consultancy for ecommerce businesses, has released the first part of a new three-part report, ‘The Map of World Payments’, that drills deep into ecommerce payment trends, with this instalment focusing on the MENA region, and shows how merchants serving these regions… Read More

April 10, 2023 @ 8:28 am By Omar Faridi  |  

Paysend, the card-to-card pioneer and international payments platform, is solidifying its money transfer services to Latin America by “enabling U.S. customers to send money to Latin America quickly, securely and for a low fee through transfers to bank accounts.” Since launching transfers to bank accounts… Read More

April 7, 2023 @ 10:12 am By Omar Faridi  |  

Nium, the global payments infrastructure for on-demand money movement, announced the appointment of Volker Steinle as Senior Vice President and General Manager, Americas. Steinle will be responsible “for accelerating sales and revenue growth in the region, building an exceptional go-to-market team, and engaging customers and… Read More

April 2, 2023 @ 5:22 pm By Omar Faridi  |  

Klarna, a global payments provider and shopping service, reveals UK consumers prefer chatting politics, fertility and break-ups than finances, but that’s set to change “with young people feeling increasingly comfortable talking about money with friends and family.” The new findings from Klarna and YouGov’s research… Read More

March 29, 2023 @ 4:39 pm By Omar Faridi  |  

Global payments technology company, Brightwell, announced that it is making it easier for fintechs, money transmitters, and prepaid and banking providers to integrate real-time payment technology into their solutions utilizing ReadyRemit via Visa Direct. Through this collaboration, Brightwell customers can “launch a fully managed cross-border… Read More

March 29, 2023 @ 8:42 am By Omar Faridi  |  

CellPoint Digital, which claims to be the global leader in Payment Orchestration, has announced a new partnership with Nium, the global platform for on-demand money movement. Through this integration, CellPoint Digital and Nium will “offer merchants a frictionless, optimised end-to-end money movement process.” Payments systems… Read More

March 29, 2023 @ 8:38 am By Omar Faridi  |  

ZEBEDEE, a payments processor, has announced an overhaul of how users can move money across the world. The upgraded feature for borderless transactions showcases “the power and potential of global, friction-free and currency-agnostic payments and represents a significant improvement and simplification of how anyone can… Read More

March 29, 2023 @ 8:35 am By Omar Faridi  |  

Inpay’s Annual Report for 2022, released at the company’s AGM in Copenhagen, Denmark, announced solid results “for the international payments firm and outlined plans for significant future growth within their UK office (London) and internationally across Asia, the Middle East and Europe.” As noted in… Read More

March 27, 2023 @ 9:11 am By Omar Faridi  |  

Finaro, the global cross-border payment provider and fully licensed bank, has announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill, and full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership… Read More

March 26, 2023 @ 1:34 pm By Omar Faridi  |  

Checkout.com, the global payments solutions provider, and Mastercard announced that they will make Mastercard Send available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service – which “powers real-time payments1 for consumers, gig… Read More

March 22, 2023 @ 11:49 pm By Omar Faridi  |  

Swiss payment startup Centi announces the launch of its Swiss Franc pegged stablecoin, backed 1:1 by a Swiss bank, which will “serve as the basis for Centi’s groundbreaking Global Payment Network.” Combining the efficiency of blockchain technology with the rigor of Swiss banking, Centi has… Read More

March 22, 2023 @ 10:33 pm By Omar Faridi  |  

Arf, the Swiss-regulated global settlement banking platform, with support from the Stellar Development Foundation, is now offering what it claims is “the world’s first unsecured, short-term, USDC-based working capital financing solutions for licensed financial institutions.” Making cross-border payments faster, cheaper, and more transparent and inclusive… Read More

March 19, 2023 @ 5:41 pm By Omar Faridi  |  

APEXX Global, the global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B round. The funds from the investment round will be used “to develop APEXX’s products and technology and to expand its presence in North America.” APEXX raised… Read More

March 17, 2023 @ 8:56 am By Omar Faridi  |  

Cross-border payments platform CurrencyFair has announced a partnership with international payments company Thunes, who will support CurrencyFair to offer its money transfer services in 25 new currencies, including Mexican peso, which has now gone live. This represents “a growth in current markets of more than… Read More

March 9, 2023 @ 12:16 pm By Omar Faridi  |  

Papaya Global, the SaaS fintech company providing global payroll and payments technology, announced the launch of its latest offering, Papaya Global Payroll Payments — a fully automated, embedded payments platform that gives clients the ability “to process global payroll and make mass payments to employees,… Read More

March 1, 2023 @ 8:47 am By Omar Faridi  |  

The Bank of Israel has issued a framework providing international payment service providers access to regulated payment systems in Israel. Effective immediately, this framework “enables such entities to provide services to the public in Israel, relying on a license issued in a foreign country.” The… Read More

February 18, 2023 @ 3:53 pm By Omar Faridi  |  

EBANX, a fintech company that specializes in international payments in rising markets, has been authorized by the Central Bank of Brazil (Bacen) “to offer a payment initiator service through Pix.” The PISP (Payment Initiation Service Provider) license “expands the range of services the global payments… Read More

February 16, 2023 @ 9:20 pm By Omar Faridi  |  

  Airwallex has announced senior appointments to its global leadership team “as the global payments and financial platform focuses on its expansion into 2023.” Justin Yek has “commenced in the newly created role of Head of Strategic Finance and Corporate Development following more than 10… Read More

February 7, 2023 @ 8:19 am By Omar Faridi  |  

Nucleus365, a UK-headquartered payment institution providing a centralized platform for international payment processing, FX, and connected banking, has introduced Rapid Transfer payment options for its European merchants. Rapid Transfer enables clients to pay merchants instantly using their online banking details, offering same-day settlements of funds…. Read More

February 5, 2023 @ 7:17 pm By Omar Faridi  |  

Klarpay AG marks a “significant” expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF,… Read More