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FinTech

Alchemy Pay Invests in UK's LaPay to Expand Global Payment Solutions

LaPay holds a UK Authorised Payment Institution License regulated by the FCA.
Alchemy Pay holds regulatory licenses across four continents, totaling six licenses.

Thursday, 28/03/2024 | 16:50 GMT by Tareq Sikder

Payments

BNP Paribas Unveils Tap to Pay on iPhone for French Businesses

The feature will allow merchants to accept payments from physical cards to Apple Pay and digital wallets.
The firm expanded its partnership with Worldline to tackle IBAN fraud in SDD transactions.

Thursday, 28/03/2024 | 13:31 GMT by Tareq Sikder

Payments

"Card Payments No Longer the Default Choice”: Study Predicts 19% Decline in 4 Years

Based on a survey of 10,500 consumers and data analysis from 37 major markets, rapid growth in A2A payments is highlighted.
Local payment methods are set to dominate at 58% of ecommerce transactions by 2028, up from 47% in 2023.

Wednesday, 27/03/2024 | 16:40 GMT by Tareq Sikder

Payments

Ebury Partners with dLocal to Enhance Cross-Border Payment in Africa

By integrating dLocal's technology, Ebury aims to optimize pay-ins and payouts in African markets.
Ebury operates globally with over 1,700 employees in more than 25 countries.

Wednesday, 27/03/2024 | 11:37 GMT by Tareq Sikder

FinTech

Worldpay Integrates Mastercard's Ethoca Alerts to Combat Chargeback Surge

Chargeback volumes are projected to soar to 337 million by 2026, according to industry forecasts.
Ethoca Alerts prevented $1.6 billion in fraudulent chargeback losses between 2022 and 2023.

Tuesday, 26/03/2024 | 11:25 GMT by Tareq Sikder

Payments

La Banque Postale and JCB Forge Partnership for Easy Payments in France

JCB cardholders now have access to La Banque Postale's 6,000 ATMs.
The partnership will roll out in phases to enhance payment options for JCB cardholders.

Tuesday, 26/03/2024 | 09:50 GMT by Tareq Sikder

FinTech

A New Venture by Starling Bank Founder? Ann Boden Is Hiring CTO

Boden's call for a CTO has sparked interest, despite undisclosed venture details.
Starling Bank has been engaged in discussions with investment banks to prepare for an IPO.

Monday, 25/03/2024 | 09:36 GMT by Tareq Sikder

Payments

Visa and Thunes Expand Reach to Asia and Africa in Cross-Border Payment

Thunes' network facilitates Visa's payments across various digital wallets and banks.
Over 60% of the global population is expected to adopt digital wallets by 2026.

Thursday, 21/03/2024 | 16:59 GMT by Tareq Sikder

Payments

BT Group and Adyen Introduce Tap to Pay on iPhone for Small Businesses

The app offers secure payments, easy payment history tracking, and hassle-free refunds.
Businesses benefit from a 1.4% transaction rate on processed customer payments by BT Group.

Thursday, 21/03/2024 | 10:00 GMT by Tareq Sikder

Executive Moves

Navro Taps Braintree and PayPal Veteran to Lead Sales and Revenue

As a new CRO, Colin Moss-Davies will drive global expansion and revenue growth.
Navro is offering the industry-first payments curation platform.

Thursday, 21/03/2024 | 09:54 GMT by Damian Chmiel

Payments

MoneyGram Introduces Cardless Payments with Trustly across Europe

The integration enables users of MGO to make payments directly from their bank accounts.
Trustly's data engine Azura offers contemporary bank payment infrastructure.

Wednesday, 20/03/2024 | 17:59 GMT by Tareq Sikder

Payments

MeaWallet Introduces Mea Card Gateway for Secure Payments Worldwide

It simplifies secure payment data management without customer PCI DSS compliance.
The partners gain from reduced liability, lower PCI compliance costs, and seamless integration.

Wednesday, 20/03/2024 | 11:11 GMT by Tareq Sikder

Payments

Shift4 and Atlante Partner for EV Charging Payments in Southern Europe

Europe saw around 7.8 million EVs on its roads in 2022, marking a significant surge.
EV charging payments have begun in Italy and France, set to expand to Spain and Portugal by early 2024.

Tuesday, 19/03/2024 | 15:46 GMT by Tareq Sikder

FinTech

Revolut Launches Point-of-Sale iPad App for Hospitality Industry

Data analytics streamlines operations and responds to market dynamics efficiently.
The firm offers transaction fees, starting at just 0.8% plus £0.02.

Tuesday, 19/03/2024 | 11:35 GMT by Tareq Sikder

Payments

Mastercard Expands Cross-Border Remittance Reach with Alipay Partnership

This collaboration enables near-instantaneous money transfers within digital wallets.
Consumers now have access to payments in over 180 countries through Mastercard.

Tuesday, 19/03/2024 | 09:21 GMT by Tareq Sikder

Payments

EazyPay and Tabby Forge Alliance for Retail Transactions in Bahrain

Merchants with EazyPay POS systems can offer Tabby's 'Pay in 4' to customers.
This service lets customers split purchases into four interest-free payments at checkout.

Monday, 18/03/2024 | 17:02 GMT by Tareq Sikder

Payments

India's Paytm Secures Approval for Consumer Digital Payments Platform

The banking partners will enable peer-to-peer transactions and UPI payments.
Before, the firm operated under a license linked to its affiliate, Paytm Payments Bank.

Friday, 15/03/2024 | 12:10 GMT by Tareq Sikder

Payments

SAP Unveils Multipurpose Commerce Cloud Framework for Retail Payments

Commerce Cloud integrates with third-party payment providers, enhancing retailer flexibility.
The Open Payment Framework enables a flexible payments system with its no-code, low-code approach.

Friday, 15/03/2024 | 08:53 GMT by Tareq Sikder

Retail FX

lemon.markets Teams Up with Banking Giants to Launch Brokerage-as-a-Service

Berlin FinTech starts a new platform with BNPP and Deutsche Bank support.
In January, lemon.markets received a BaFin license to offer white-label brokerage solutions.

Thursday, 14/03/2024 | 09:59 GMT by Damian Chmiel

FinTech

Apex Fintech Solutions Acquires AdvisorArch for Streamlined Portfolio Management

The acquisition brings automated rebalancing and portfolio management solutions to Apex.
In addition, It enhances Apex's RIA platform with advice tools for wealth management.

Tuesday, 12/03/2024 | 13:00 GMT by Damian Chmiel

FinTech

Stripe Drives Transformation in Car Rental Payments with Hertz Collaboration

The partnership consolidates the most in-person and online payments on Stripe's platform.
The integration of Hertz, Dollar, and Thrifty platforms optimizes online reservations.

Friday, 08/03/2024 | 09:57 GMT by Tareq Sikder

FinTech

Mastercard and FAB Unveil Partnership to Reshape EEMEA Payments Landscape

The partnership aims to enhance customer experience and efficiency using AI technology.
The collaboration aims to advance in key markets including the UAE, Saudi Arabia, Oman, and Egypt.

Thursday, 07/03/2024 | 10:48 GMT by Tareq Sikder

FinTech

The Kingdom Bank Scores Partnership with West Ham United

The multi-season agreement signals collaboration between the bank and the Club in the Eastern Caribbean.
It offers customers to win matchday packages, including flights to London and signed merchandise.

Wednesday, 06/03/2024 | 10:40 GMT by Tareq Sikder

FinTech

Revolut Warns London’s Fintech Hub Status at Risk amid Rising Global Competition

The company's new UK boss advocates for pro-startup policies.
Investment in the UK fintech drops 63%, but Revolut considers London for IPO despite challenges.

Wednesday, 06/03/2024 | 08:59 GMT by Damian Chmiel

FinTech

Currencycloud Teams Up with TangoPay to Revamp Remittance Services

The collaboration encompasses faster transactions, reduced fees, and real-time exchange rates.
Currencycloud's APIs help TangoPay streamline remittance transactions.

Thursday, 29/02/2024 | 15:17 GMT by Tareq Sikder

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