Industry News

EBANX, which provides global ecommerce companies the ability to offer hundreds of local payment acceptance methods to consumers across Latin America, Asia and Africa, has partnered with Pagaleve in Brazil. The companies will offer global businesses the ability to offer Pix 4x, a buy now, pay later service to 60 million consumers in Brazil who do not have credit cards. Pix is used by 170 million consumers in Brazil, where more than 45% of ecommerce transactions are processed as installment payments.

CHAINIT and RS SOFTWARE are partners in an alliance to bring risk-based authentication to account-to-account payments. India-based RS Software provides a fraud and risk platform that scores transactions in milliseconds using behavioral, device and contextual signals. ChainIT’s platform focuses on verifying identity and data tokens while providing auditable transaction workflows.

ARAB FINANCIAL SERVICES (AFS), which is owned by 36 banks and financial institutions in the Middle East and Africa, will introduce Mastercard branded corporate credit and prepaid cards integrated with its AFS Pro mobile app in the UAE and Egypt.

NAYAX, the Israel-headquartered provider of embedded financial services, payment processing and loyalty programs, has filed an application with the Connecticut Department of Banking to establish Nayax America Bank, a non-depository institution. The bank will be wholly owned by Nayax USA Holdings. Once chartered, the bank will enable US customers to access financial services, including corporate cards, working capital and merchant cash advances.

CHANGE offers a technology platform that enables companies to manage compliant charitable giving programs through its Donation API, compliance dashboard and verification tools. The company uses Finix, a full-stack payment processor, to offer a white-label service that enables companies to launch programs that route donations to nearly 10,000 nonprofits in the US.

MARQETA’S card issuing platform is used by clients in buy now, pay later, on-demand delivery, expense management, retail, digital banking and other verticals to process more than $400 billion in payments annually from credit, debit and prepaid cards. Clients include Ramp, Square, Klarna, Uber and Instacart. Expensify, provider of an app that employees use to manage travel, expenses and corporate card purchases, will use Marqeta to support its newly launched corporate card in the UK and European Union.

AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL (GBT) is a software and services company for travel, expense, meetings and events. It trades on the NYSE separately from the American Express card network. Amex GBT has launched the Egencia AI connector to Claude, Anthropic’s AI assistant. Egencia AI enables agents representing travelers and enterprises to book and manage policy-compliant air and hotel reservations without leaving the tools they already work in. One example: a traveler could ask Claude to look at their calendar for the next month and provide travel itineraries for upcoming activities and help book the travel.

APPLE PAY is now available in the Philippines to Visa and Mastercard cardholders of Chinabank, GoTyme Bank, Metrobank and UnionBank who use iPhones, iPads and Macs. More than 11,000 financial institutions in more than 90 countries and territories connect to Apple Pay.

FIDEO, a real-time identity intelligence company, has a partnership with Sigma360, a full-stack AI platform for risk intelligence, financial crime prevention and compliance. The companies help organizations determine whether an individual is legitimate and whether the people or organizations connected to the individual present fraud, financial crime or compliance risks.

CONNEXPAY, provider of a platformthat connects customer payins to supplier payouts in real time, has launched Hotel PayValet, a managed hotel payment service designed to help travel management companies ensure that virtual card payments are delivered and verified before hotel check-in. Hotel PayValet includes access to more than 14,000 hotels through ConnexPay’s integration with Sertifi. It combines ConnexPay’s virtual card issuing capabilities with managed operational workflows.

PLIANT, which provides businesses in Europe with physical and virtual credit cards that have built-in reconciliation, spend controls and integrations into finance stacks, has opened for business in the US through an expanded partnership with card issuing platform provider Thredd. Cards are issued by Coastal Bank on the Visa network.

KLARNA flexible payment options at checkout are now available to merchants integrated with the J.P. Morgan Payments’ Commerce Platform.

FISERV will provide its Commerce Hub global payment processing platform and SnapPay, its order-to-cash technology, to Stuut Technologies. That company’s platform lets finance teams at enterprise-sized companies automate collections, cash application, payments, disputes and deductions for B2B receivables management.

ORDWAY provides a billing and revenue management platform used by businesses that operate with recurring revenue streams or usage-based pricing. The company has launched Ordway Payments, which unifies billing and payments in a single, integrated application. The app brings together credit card  and ACH processing, dispute resolution, refunds and exception items and cash applications for payments, including wires and checks.

EXPENSIFY, provider to businesses of an app that delivers real-time spend visibility, autocategorization and receipt matching, spend controls and more, has expanded its Expensify Card product into the UK, Spain, Ireland, Poland and the Netherlands. The Visa card is issued by Transact Payments Malta. In the US, Expensify Visa cards are issued by
The Bancorp Bank.

VISA has refreshed its Visa Infinite suite of upscale card products available to issuers in the Asia-Pacific region. Rewards tied to Visa Infinite, Visa Infinite Privilege and Visa Infinite Private  products prioritize cultural immersion and curated immersive experiences over traditional luxury. Visa Infinite Private is an invitation-only product.

RAMP, a provider of spend management and commercial card financial infrastructure to 70,000+ organizations, has launched AI Token Spend Management, which helps finance teams track, optimize and control AI token and subscription spending across providers. The product connects usage to cost and identifies savings opportunities.

PAYPAL’S global payment infrastructure is being used by Germany-based Shopware, in open-source ecommerce platform-as-a-service called Shopware Payments. Merchants can onboard through PayPal business accounts and activate and manage payments directly within Shopware. PayPal will provide checkout support for cards, digital wallets, BNPL options, Venmo
and PayPal Pay Later.

ADYEN enables card, digital wallet (Apple Pay and Google Pay) and domestic Pix payments at Tap Air Portugal service desks in two airports in Brazil. By choosing Pix, customers can pay in Brazilian reais and avoid potential currency fluctuations between the time of purchase and payment of a credit card statement. Tap Air benefits from faster access to funds.

SPREEDLY, which processes more than $60 billion in gross merchandise
volume annually through an open payments platform, offers a secure
vault that merchants can use to store and control their own payment credentials without the need for a full orchestration platform. The vault can be used for network tokenization, account updating and stored credentials, which are used to improve authorization rates. Spreedly clients include Adidas, the
New York Times and Priceline.

FIS is a financial technology company that operates systems that clear payments, move money and run core banking for thousands of institutions worldwide. The company is using the Claude Mythos 5 restricted-access large language AI model to scan and evaluate its own security systems as part of Anthropic’s Project Glasswing.

ZAMTEL MONEY, the government-owned mobile financial services
platform used in the Republic of Zambia to send, receive and store money, has integrated with a network of POS terminals operated by government-owned Zanaco, the largest commercial bank in the country.

KORA, a Nigeria-based payment infrastructure provider, has integrated with the IATA Financial Gateway (IFG). More than 370 airlines gain access to Kora’s pan-African payment capabilities. Through a single integration, airlines can accept payments and make payouts across multiple channels, including cards, bank transfers, mobile money and pay with bank.

PAYABLI will provide its embedded payments infrastructure technology to ID Plans, which provides a suite of products to customers in the commercial real estate industry under the ID Tenant brand. ID Tenant enables tenants to make full or partial payments. Property owners will have full visibility in the same system they use to execute leases, store documents and manage tenant relationships.

MATERA, provider of cloud-native technology that financial institutions deploy to modernize their payment systems, has launched payment QR code software, which lets financial institutions, payment providers and billers deliver interoperable account-to-account payments across FedNow, Zelle, RTP, ACH credit transfers and other networks. The software is compliant with the new Ansi X9.150-2026 merchant-presented payment QR code standard. Payment codes
can be embedded on printed and digital invoices, restaurant bills, online
checkout pages or displayed at the point of sale. Consumers scan the QR code from within their mobile banking app.