Abry has invested an initial $75 million in cash in the Edenred Pay B2B payment automation platform. Further investments from Abry and Edenred are expected to help the already profitable Edenred Pay accelerate growth and better compete against companies that include AvidXchange, Tipalti, Paystand, Bill, Ramp and Brex.
Working with cardholders and merchants enabled Kard Financial to develop the rewards personalization algorithm Citi will use for its commerce media network. Citi will enhance the algorithm with data gathered from its Mastercard, Visa and American Express co-branded and private label customers.
Over the last few years, ESW has enjoyed 20% to 30% year-over-year growth in enterprise customers, helped by the international expansion goals of sellers of physical goods.
A-Comm is in discussions with Visa and Mastercard to include hash chain evidence bundles in card authorization messages sent between merchants, issuers and merchant acquirers, which would be similar to what occurs now to identify Visa Installments credit transactions.
Customers in 92 countries use Bottomline, including in the UK where organizations leverage the company’s technology to send and receive payments through the Bacs (Bankers’ Automated Clearing Services) network.
Last month, the company launched Agent Pay for Machines (AP4M), an end-to-end orchestration service that supports use cases such as when AI agents build websites and design marketing campaigns and require the ability to accept micropayments.
Sweden-based Nordiska plans to expand throughout Europe by offering embedded finance services as an orchestration layer rather than as a core banking service. The company’s modular platform delivers financial products such as banking-as-a-service, cards-as-a-service, white-label and co-branded credit card programs and card-linked loyalty programs via a single API. Nordiska sees opportunities to provide co-branded credit […]
Aiden Auto provides an embedded software platform that securely facilitates sharing vehicle data with third parties. The platform interfaces directly with the vehicle. Other technology providers utilize telematics hardware and aftermarket dongles to accomplish data sharing. The company recently secured three patents that cover vehicle-based payments, in-vehicle consent and data sharing in the United States […]
The Canton Network provides transactionlevel privacy not found on other public blockchains, such as Ethereum, Solana, Cardano and Polygon, which are decentralized and open source. On the Canton Network, only parties that are part of the transaction can see its details. Multiple parties can transact using different private ledgers.
American Express is the first card company to announce it will protect its customers when errors occur by an agent registered with American Express through Amex Agent Purchase Protection.
