Tagged: payments

May 30, 2025 @ 12:13 pm By Omar Faridi  |  

Circle, the issuer of USD Coin (USDC), is making significant strides to enhance the security and efficiency of global financial transactions. Two recent developments—the introduction of a graph-based approach to blockchain fraud prevention and the launch of the Circle Payments Network (CPN)—highlight Circle’s commitment to… Read More

May 29, 2025 @ 8:47 am By JD Alois  |  

Tribe Payments has announced a partnership with Finmo to offer end-to-end payment and treasury services to banking and Fintech clients across key growth markets, specifically the Asia-Pacific (APAC) and Europe. Tribe’s issuer and acquirer processing platform will be integrated with Finmo’s treasury and financial management… Read More

May 29, 2025 @ 8:30 am By JD Alois  |  

TrueLayer, a UK-based payments firm, is now working in the gaming sector following an agreement with Tebex. According to a company statment, Tebex is utilizing TrueLayer’s services in Germany, France, Spain, Belgium and the UK. TrueLayer offers a “Pay by Bank” network that enables immediate… Read More

May 29, 2025 @ 8:12 am By Omar Faridi  |  

OpenFX, the FX infrastructure company revolutionizing cross-border payments, announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company’s “growth from $0 to… Read More

May 29, 2025 @ 7:49 am By Omar Faridi  |  

Dojo, the UK payments technology provider, announces it has secured an investment of $190 million from Vitruvian Partners, a global growth investment firm. The investment marks the first equity raise in Dojo’s history. The funds enable Dojo to accelerate the company’s growth in the UK… Read More

May 28, 2025 @ 9:49 pm By Omar Faridi  |  

Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, announced today that it has raised $14.5 million in a Series A funding round. The funding round was led “by Revolution Ventures, with participation from Y Combinator, Ardent,… Read More

May 28, 2025 @ 9:47 pm By Omar Faridi  |  

Conduit, a cross-border payments platform powered by stablecoins, announced it closed a $36 million Series A funding round. The funding round was co-led by Dragonfly and Altos Ventures, “with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures (the issuer of the USDC stablecoin) and… Read More

May 28, 2025 @ 9:46 pm By Omar Faridi  |  

Block, Inc. announced it will launch bitcoin payments on Square, marking a significant milestone in making bitcoin more “accessible and usable.” Bitcoin payments on Square will be showcased at Bitcoin 2025 in Las Vegas from May 27-29, where attendees can “experience this new feature firsthand… Read More

May 28, 2025 @ 4:00 pm By JD Alois  |  

The Financial Technology Association (FTA) has told Senate members not to tax remittances nor include citizenship verification as part of the anticipated reconciliation bill. The FTA said that it was joined by six other associations asking the Senate not to “harm hardworking Americans, including active… Read More

May 28, 2025 @ 12:15 pm By JD Alois  |  

UK-based Fintech Merge has received approval to operate under an Electronic Money Institution (EMI) licence and Virtual Asset Service Provider (VASP) granted by the AMF and ACPR in France. Merge states that it is one of the few firms to hold both regulatory approvals. Merge… Read More

May 28, 2025 @ 8:53 am By Omar Faridi  |  

Global cloud banking firm Mambu unveils Mambu Payments, expanding its composable banking platform to include end-to-end payment capabilities. Following its acquisition of “payments technology provider Numeral in December 2024, this marks a significant step forward in Mambu’s mission.” The launch of Mambu Payments means Mambu… Read More

May 27, 2025 @ 7:58 am By Omar Faridi  |  

UK Fintech Altery Ltd has announced its new status as a principal member of Visa (NYSE: V). This achievement marks a pivotal moment for the company, reinforcing its position as a key player in the ecosystem of digital payments and financial services. The announcement highlights… Read More

May 26, 2025 @ 7:54 am By Omar Faridi  |  

Banking Circle S.A., the technology-led payments bank, announced a strategic partnership with Visa, a global leader in digital payments. The partnership provides Visa Direct with access “to Banking Circle’s extensive local clearing rails across the world, further strengthening the business’s global payment reach for its… Read More

May 25, 2025 @ 4:43 pm By Omar Faridi  |  

EBA CLEARING announced that over 55 RT1 and STEP2 Participants across 14 countries are preparing to adopt its Fraud Pattern and Anomaly Detection (FPAD) Verification of Payee (VOP) solution to deliver VOP checks in compliance with the Instant Payments Regulation (IPR). These participants will connect… Read More

May 24, 2025 @ 6:11 pm By Michael Wong  |  

India has established a new Payments Regulatory Board (PRB), a significant move that restructures the oversight of the country’s rapidly expanding digital payments ecosystem. The formation of the PRB under the Payments Regulatory Board Regulations, 2025, reflects a hybrid model of governance between the Reserve… Read More

May 24, 2025 @ 1:46 pm By Omar Faridi  |  

areeba, a global enabler of payment infrastructure, has partnered with Foo, a provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to “build their own secure and scalable card programs… Read More

May 23, 2025 @ 8:53 pm By Omar Faridi  |  

JP Morgan-backed Fintech venture, In-Solutions Global (ISG), has partnered with Bank of Baroda UAE to launch Jaywan Cards in the UAE. This collaboration reinforces ISG’s commitment to “enabling localised, secure, and cost-effective payment solutions for banks and consumers in the region.” The introduction of Jaywan… Read More

May 22, 2025 @ 8:45 am By Omar Faridi  |  

Point of sale (POS) innovator Yabie announced a strategic partnership with Worldpay to power the merchant business tools within Worldpay 360, a new all-in-one business management and payment solution tailored specifically for small and medium-sized enterprises in the UK. The UK collaboration will help “deliver… Read More

May 21, 2025 @ 4:36 pm By Omar Faridi  |  

TreviPay, the B2B payments and invoicing network, announced Albertsons Companies, Inc. will offer Pay by Invoice with TreviPay to its corporate shoppers. Business buyers, including small offices, K-12 schools, local government and community organizations and residential programs, can “receive a dedicated line of credit for… Read More

May 20, 2025 @ 9:14 am By Omar Faridi  |  

Klarna, the AI-powered global payments and commerce network, announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its AI strategy. Klarna is a Fintech that is widely expected to list its shares in an initial public offering (IPO) later… Read More