UK’s digital bank Monzo has launched a new feature that empowers customers to cancel bank transfers almost instantly if they spot an error. This development, aimed at addressing a problem costing Brits an estimated £825 million annually, is set to redefine how users manage their… Read More
Read more in: Fintech, Global | Tagged digital bank, monzo, payments, uk, united kingdom
EV payment specialist Paythru has partnered with global fintech Adyen to co-develop a next-generation, omni-channel payments platform for EV charging. The collaboration aims to address the problem of inconsistent EV charging payments – where EV drivers “face different payment methods at different charge points –… Read More
Read more in: Fintech, Global | Tagged adyen, digital transactions, payments, paythru
Nuvei, the Canadian fintech company, announces its membership in the European Payments Initiative (EPI), reportedly becoming one of the payment services providers to enable ecommerce businesses to accept Wero, EPI’s digital wallet, in their online checkouts. Wero facilitates instant account-to-account (A2A) transfers using SEPA Instant… Read More
Read more in: Fintech, Canada, Global | Tagged european payments initiative, nuvei, payments
Fintech firm Wise is pleased to announce that Raiffeisen Bank International, a corporate and investment bank in Central and Eastern Europe (CEE), has partnered with Wise Platform in order to “enable fast, secure, low-cost and transparent international payments for personal and business customers across the… Read More
Read more in: Global, Fintech | Tagged payments, Raiffeisen Bank, uk, united kingdom, wise
Global Payments Inc. (NYSE: GPN), a provider of payment technology and software solutions, has released Genius, a new POS command center for business operations. The launch unifies all the Global Payments POS products into an all-in-one, intuitive and highly configurable new POS platform. “Going to… Read More
Read more in: Fintech | Tagged Cameron Bready, Genius, payments, POS system
Apple Pay, Apple’s (NASDAQ:AAPL) digital wallet product, was reportedly offline for some users. According to Downdetector, Apple Pay experienced an outage from around 11 AM to 2 PM ET. This apparently impacted purchases and funds transfers. Comments appear to indicate that no specific region was… Read More
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Costco Wholesale Corporation (NASDAQ: COST), the world’s third-largest retailer, announced a multi-year partnership naming Affirm as “a pay-over-time provider for Costco.com in the U.S.” Costco members shopping online can use… Read More
Read more in: Fintech | Tagged affirm, bnpl, costco, payments, us
Large European retailers are asking the European Commission to address the fees charged by credit card issuers like Visa and Mastercard. According to a report, these retailers want these fees reduced. The message was said to be sent in a letter, addressed to the Commission’s… Read More
Read more in: Fintech, Blockchain & Digital Assets, Featured Headlines | Tagged EU, mastercard, payments, vis, visa
While stablecoins are typically lumped in with the broader crypto-sphere, a more apt description is an update to payments and transfer rails. Stablecoins may provide immediate settlement, at a lower cost, with more security than traditional payments rails. In an announcement today that reflects this… Read More
Read more in: Blockchain & Digital Assets | Tagged mastercard, moonpay, payments, stablecoins
BitPay, the cryptocurrency payment processor, announced the launch of HODL Pay, a payment option that empowers consumers and merchants. HODL Pay connects the decentralized finance (DeFi) ecosystem with everyday commerce, “enabling users to borrow stablecoins from DeFi against their crypto holdings and seamlessly pay any… Read More
Read more in: Blockchain & Digital Assets | Tagged bitpay, cryptocurrency, defi, payments, product update
Cross River Bank is focused on enabling and developing the infrastructure necessary for the scalability of digital financial services. The bank’s strategic expansion into capital markets is enabled by its strategic partnerships, innovative product offerings, and improved support for international payments. By prioritizing comprehensive financial… Read More
Read more in: Fintech, Global | Tagged cross river bank, Cross-Border Transactions, payments
Global bank payment company GoCardless has announced a new integration with Giacom’s Cloud Market Tools billing platform. The integration enables Giacom channel partners to manage Direct Debit payments from within their billing system, “helping them simplify collections, improve cash flow, and reduce operational overheads.” This… Read More
Read more in: Fintech, Global | Tagged gocardless, open banking, payments, uk, united kingdom
Global payments and digital assets platform ONE.io has partnered with BoomFi to launch ONE Gateway, a new service embedding cryptocurrency payment capabilities into its core offerings, the companies said. The integration allows ONE.io clients to accept major cryptocurrencies through pay links, invoices, checkout flows, and… Read More
Read more in: Fintech, Asia | Tagged BoomFi, ONE Gateway, ONE.io, payments
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions, has joined forces with Perpay to power the Perpay Credit Card, issued by Celtic Bank. That card automates payments directly from a paycheck. The demand for innovative credit-building solutions is growing,… Read More
Read more in: Fintech | Tagged Chris DiMarco, credit card, marqeta, payments, Perpay, todd pollak
Meta (NASDAQ:META) is reportedly considering a bold reentry by exploring stablecoin payment integration across its platforms, according to a recent report citing sources claiming to be familiar the matter. This move could mark a significant shift for the tech firm, which has been cautious about… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged digital assets, meta, payments, stablecoins
Payoneer Global Inc. (NASDAQ: PAYO), a Fintech specializing in cross-border payments, has suspended its full-year 2025 earnings guidance amid significant global trade uncertainties, according to a recent report by Fortune. The New York based fintech company, which was valued at $3.3 billion when it went… Read More
Read more in: Global, Fintech | Tagged Cross-Border Transactions, financial results, payments, payoneer
Canadian fintech company Nuvei (Nasdaq: NVEI) and Mastercard (NYSE: MA) are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate “payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card.” Mastercard Move… Read More
Read more in: Canada, Fintech | Tagged canada, mastercard, nuvei, payments
Bivial AG is pleased to share its continued trajectory of growth. The Swiss Fintech company has increased its annual profit by “110% compared to the previous year, expanded its team to almost 50 exceptional individuals, and further strengthened its position as the largest prudentially regulated… Read More
Read more in: Fintech, Global | Tagged bivial, europe, payments, switzerland
AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses, has been sold for $2.2 billion. The purchaser was a group led by TPG (NASDAQ: TPG), an alternative asset manager with around $250 billion in AUM. Corpay (NYSE:… Read More
Read more in: Fintech | Tagged accounts payable, acquisition, avidxchange, ft partners, payments, tpg
Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More
Read more in: Fintech, Global | Tagged payments, truelayer, uk, united kingdom
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