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Payments
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Moneta Markets Founder and CEO Launches Moneta Funded, a
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Executive Moves
Bink Names Jose Jimenez Mancha as Chief Commercial Officer
2022-04-28T11:58:08.079+02:00
Mancha previously worked at HSBC.
The company also appointed Marty Kerr as Regional Head of Asia Pacific.
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PayPal Posts 8% Jump in Q1 Revenue, Exceeds Expectations
2022-04-28T07:54:36.078+02:00
The company is now expecting a hit in payment volume due to inflation.
It closed the quarter with 429 million active accounts.
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Nium Signs Definitive Agreement to Buy Socash
2022-04-26T10:54:12.524+02:00
Socash is an alternative payments network platform based in Singapore.
The acquisition is expected to be completed in Q3 2022.
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Amazon Japan Picks Ayden Payments Platform
2022-04-26T07:36:39.842+02:00
The company will improve the checkout experience of its customers through Ayden’s technology.
Ayden is a financial technology platform listed on AMS.
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News
Payroc WorldAccess Purchases Worldnet
2022-04-23T06:55:06.092+02:00
The acquisition will facilitate Payroc’s expansion in the payments industry.
Payroc is backed by the private equity firm, Parthenon Capital.
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Citi Partners with EBANX to Facilitate Institutional Clients in Latin America
2022-04-22T10:06:19.915+02:00
The company has collaborated with EBANX to provide an end-to-end digital collection solution.
Citi aims to expand the e-commerce payment offering for its institutional clients.
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Marqeta Introduces New Solution for Card Issuers to Combat Payment Card Fraud
2022-04-21T14:25:40.960+02:00
The new suite of products will make payments more secure.
Marqeta’s data-driven RiskControl offering allows users to enhance risk management.
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Institutional FX
Cornerstone FS Posts Strong Q1 Revenues
2022-04-20T12:14:46.940+02:00
The total unaudited revenue for the first quarter of 2022 reached £946k.
The recent number is the highest ever unaudited quarterly revenue for the Group.
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FinTech
Alchemy Pay Partnered with ePayments to Leverage Crypto Payments
2022-04-20T09:53:21.239+02:00
The partnership gives Alchemy Pay access to customers in Australia and New Zealand.
Merchants at ePayments will benefit from Alchemy Pay's portal.
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UniCredit Renews Partnership with Worldline
2022-04-19T12:24:30.295+02:00
The company has extended the collaboration for open banking.
Via a single API, Worldline enables UniCredit and its clients to execute PIS and AIS services.
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FinTech
Ant Group to Acquire Majority Ownership of Payments Platform 2C2P
2022-04-19T03:17:00.000+02:00
The companies made the announcement on Monday.
Over the years, Ant Group has expanded its presence in Southeast Asia.
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CryptoCurrency
Data Mynt Announces Support for Bitcoin Lightning Network
2022-04-18T16:47:11.024+02:00
Merchants can pay and receive payments from Lightning Network wallets.
By the end of Q2 of 2022, Data Mynt is expected to have tens of thousands of merchants.
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News
Zevoy Receives €15 Million in Funding
2022-04-13T10:47:42.721+02:00
Blossom Capital led the investment round.
The fintech company is planning to enter new markets in Q2 of 2022.
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BlackRock Joins Circle’s $400 Million Funding Round
2022-04-13T07:56:35.988+02:00
Fidelity, Marshall Wace and Fin Capital also participated in the investment round.
Circle is the issuer of the stable coin (USDC).
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Tranglo Introduces Business Payment Solution
2022-04-11T13:33:24.878+02:00
The solution will facilitate businesses in global payments.
According to Tranglo, its new service will assist corporates of all sizes.
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CryptoCurrency
Luxury Car Dealer Dutton Garage to Accept Cryptocurrency Payments via CoinSpot
2022-04-11T11:34:52.421+02:00
Dutton partners with CoinSpot, allowing Australians to pay in over 30 cryptocurrencies.
Both CoinSpot and Lunu address price volatility at the time of the sale.
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FinTech
KredX Partners with ICICI Bank, to Issue Cash Back Commercial Card for B2B Payments
2022-04-10T16:00:52.958+02:00
KredX is anticipating it will distribute around $260 million B2B payments per month.
The card also offers dispute management, 3-way matching and complete automation.
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RITMO Receives $200 Million in Debt Financing
2022-04-09T07:38:55.877+02:00
The latest round was led by i80 Group and Avellinia Capital.
To date, the fintech platform has raised a total of $225 million in debt and equity financing.
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Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
2022-04-07T08:20:01.404+02:00
The company has partnered with Circle.
The offering will drive the adoption of digital assets.
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FinTech
Wise Partners Max to Open Up Israelis to Global Payment
2022-04-05T08:40:21.116+02:00
Max customers to send money abroad in 32 currencies including USD, EUR & GBP.
Wise says overseas transfers will now be cheaper and faster.
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News
ANZ Worldline Payment Solutions Goes Live in Australia
2022-04-04T15:13:16.369+02:00
The new launch will support merchants in Australia through innovative payment solutions.
From 1 April, ANZ Worldline Payment Solutions has started serving ANZ’s merchant clients.
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Thought Leaders
Unexpected Industries Where PayPal is Now the Preferred Payment Method
2022-04-04T13:48:26.284+02:00
Many consumers prefer online payment options to bank cards because they are more efficient
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Qred Launches New Payments Platform
2022-04-04T13:26:59.798+02:00
The company has raised €10 million.
The new platform has been designed to facilitate small businesses.
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Worldline Acquires Majority Stake in ANZ’s Acquiring Business
2022-04-01T09:59:41.493+02:00
The European payments giant entered the Australian market with this move.
It has established a joint-venture with ANZ Bank.
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Executive Moves
Mastercard Hires Chad Wallace as Executive Vice President of B2B Solutions
2022-04-01T09:01:14.686+02:00
Wallace previously worked with Goldman Sachs and Capital One.
In his new role, Wallace will oversee the company’s commercial product offering.
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