Tagged: payments processing

November 1, 2020 @ 10:38 pm By Omar Faridi  |  

Payments platform Stripe is reportedly moving its operations to Dublin due to Brexit. Most European customers will be processed locally (beginning on November 19, 2020). Stripe’s management confirmed that they’re moving payment processing for most of their European clients to the firm’s Irish-regulated business entity… Read More

October 16, 2020 @ 11:53 am By Omar Faridi  |  

Payments platform Stripe has acquired Nigeria-based Paystack, which is a startup that aims to make it easier to integrate various payment services. The acquisition may be valued at over $200 million, according to TechCrunch which cited sources familiar with the matter. Patrick Collison, CEO at… Read More

September 3, 2020 @ 9:15 am By Omar Faridi  |  

The global COVID-19 pandemic has led to significantly more consumers looking for better and flexible payment options, meanwhile, payment card issuers and merchants are focused on providing cardholders with the best choices, control and simplicity at the time of checkout. Payments giant Mastercard (NYSE: MA)… Read More

August 25, 2020 @ 10:52 am By Omar Faridi  |  

UK-based Fintech Paymentology, a company that offers a cloud-powered payments processing solution, has introduced a global credit card processing platform, called Credit Works. Credit.Works aims to fill a key requirement in the Fintech and financial sector’s credit card processing space which Paymentology claims have lagged… Read More

June 30, 2020 @ 10:30 pm By Omar Faridi  |  

India-based LivQuik, a company that aims to enable the efficient movement of funds, has joined Visa’s Fintech Fast-Track Program. Visa’s fast-track program offers a new commercial framework that allows clients to easily access the payment giant’s services in order to settle transactions more efficiently. LivQuik,… Read More

June 28, 2020 @ 5:21 pm By Omar Faridi  |  

Calgary-based Fintech firm Helcim has developed and introduced a comprehensive platform to help companies accept payments and conduct business online. Helcim claims that there has been a significant increase in sales. The Canadian Fintech also noted that it will waive monthly fees for using the… Read More

May 14, 2020 @ 9:04 am By Samantha Hurst  |  

Cryptocurrency payments processor CoinPayments announced on Wednesday it has appointed Jason Butcher as its new CEO. CoinPayment reported that Butcher has been its Chief Operating Officer since 2017, and previously as an advisor starting in 2015, helped boost CoinPayments’ monthly transactions to more than $100… Read More

November 19, 2019 @ 9:39 am By Omar Faridi  |  

Elavon, a credit card payment processing service and subsidiary of US Bancorp (NYSE: USB), has reportedly committed to acquiring Sage Pay, an established payments processing business based in the UK and Ireland. Sage Pay operates as a division of The Sage Group plc (SGE), a… Read More

November 7, 2019 @ 10:37 pm By Omar Faridi  |  

New York-based JPMorgan Chase (NYSE:JPM), a multinational investment bank and financial services holding company with $2.7 trillion in assets, has created an e-Wallet product for large tech firms such as Airbnb, Lyft, and Amazon.  The new online wallet will allow users to open virtual accounts… Read More

October 25, 2017 @ 1:45 pm By Samantha Hurst  |  

Enigma, a San Francisco-based decentralized data marketplace protocol built by MIT graduates, announced on Wednesday it has formed a partnership with digital assets exchange and payments processor, KyberNetwork. According to the duo, this new collaboration focuses initially on initiatives around Enigma’s product, Catalyst, a machine-based… Read More