The company anticipates a competitive advantage that includes the ability to maximize liquidity for its customers in the US. TabaPay competitors will include large money center banks and top payment processors.
Leveraging the end-to-end card processing technology available from the Bankworks platform of RS2, omnichannel payment service provider PXP will be able to expand into new markets and offer existing merchant and bank customers managed acquiring and settlement services globally.
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 […]
