Industry News

Jul 23, 2021

ForumPay Teams Up with Bambora to Conquer the Crypto-to-Fiat Payment Market

The partnership will cater to a large global audience and offer expanded payment options for both shoppers and merchants. > See Article

Jul 23, 2021

Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity

The funds will support Paystone´s ambitious growth strategy and further propel its best-in-class electronic payments and customer engagement technology platform. > See Article

Jul 23, 2021

Barclaycard Payments Signs Up to Mastercard Track Business Payment Service to Modernise Business Payments

The new service, to be offered through Barclaycard Payments, will enable the payments business to support its corporate customers even more effectively. > See Article

Jul 22, 2021

Elliptic Selected by Paysafe to Support Cryptocurrency Payment Compliance

Paysafe is now able to manage indirect exposure to cryptocurrency-related risks and bolster its cryptocurrency controls. > See Article

Jul 22, 2021

Visa to Acquire Currencycloud

The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. > See Article

Jul 21, 2021

Paysend Welcomes 300,000 U.S. Customers in 9 Months as Demand for International Digital Money Transfers Grows

Since the company´s U.S. launch in September 2020, digital money transfers have experienced a considerable boost backed by the Covid-19 pandemic. The market´s value was estimated at $16.3 billion in 2020 and has increased by nearly 9% to $17.69 billion in 2021. > See Article

Jul 21, 2021

Upgrade Card Becomes First Generally Available U.S. Credit Card to Offer Bitcoin Rewards

Under the new program, users earn unlimited 1.5% bitcoin rewards on every purchase as they make payments.   > See Article

Jul 21, 2021

Leading Financial Services and Technology Insights Firms Merge to Form Aite-Novarica Group

Aite Group LLC and Novarica Inc. have joined forces to create the leading advisory firm focused on helping executives from banks, payment providers, insurers, securities firms and their respective service providers respond to important technology, market, operations and regulatory changes. > See Article

Jul 21, 2021

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers

The Finicity direct API experience will first be available through Green Dot´s flagship digital bank GO2bank and will allow customers to link their accounts to third-party apps that use Finicity´s secure data network and financial data --further enabling them to connect, manage and move their money in a secure and seamless environment. > See Article

Jul 21, 2021

Fiserv Integrates E-Commerce Solutions Into Its Portfolio in Mexico

The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate and includes a "Zero Chargeback Guarantee." > See Article

Jul 20, 2021

NMI and J.P. Morgan Collaborate to Expand Card-Present Payment Offering in Europe

European customers will gain access to NMI´s portfolio of retail, mPOS, unattended and tap to mobile solutions. > See Article

Jul 20, 2021

Payveris´s New Real-Time Money Movement Solution Optimizes P2P Services to Meet Growing Consumer Demand

Payveris´s MoveMoney Platform lets financial institutions´ customers instantly send money to anyone with a U.S. bank or credit union account using the recipient´s mobile phone number or email address--no special app required. > See Article

Jul 20, 2021

BigCommerce and Mercado Libre Partner to Power Cross-Border Ecommerce Growth

The partnership with Mercado Libre will give BigCommerce merchants the ability to sell across Latin America to nearly 133 million unique consumers on Mercado Libre´s Marketplace. > See Article

Jul 20, 2021

Sezzle Launches Sezzle Capital for Merchant Partners

Powered by Wayflyer, Sezzle Capital provides merchants with a bridge to fast, affordable, unsecured funds of up to US$10 million. > See Article

Jul 20, 2021

Afterpay Introduces Money by Afterpay and Announces Australian Launch

The Money app will mark the debut of Afterpay´s collaboration with Westpac just ten months after it was announced, setting the scene for a full Australian customer launch in October 2021. > See Article

Jul 20, 2021

Mastercard Creates Simplified Payment Card Offering for Cryptocurrency Companies

Working with Evolve Bank & Trust and Paxos Trust Company, the leading blockchain infrastructure and regulated stablecoin issuance platform, and Circle, a global financial technology firm and the principal operator of the USD Coin (USDC), a dollar digital currency or stablecoin, Mastercard and its partners will test this new capability to enable more banks and crypto companies to offer a card option to people wanting to spend their digital assets anywhere Mastercard is accepted. > See Article

Jul 20, 2021

Exact Payments Announces Launch of New Payment Platform

The new Exact Payments gateway features a comprehensive suite of advanced functionality for digital commerce including: Apple Pay, Google Pay, PayPal, EMV 3-D Secure, Recurring Billing, Tokenization and Level 2 & 3 processing.   > See Article

Jul 20, 2021

InComm Payments Invests in Instant Financial, Establishes Strategic Partnership Supporting Earned Wage Access

Instant is a financial wellness company that helps employees bridge the gap between workday and payday by allowing them to access a portion of their wages immediately after their shift, simply with the tap of their smartphone.  > See Article

Jul 20, 2021

Thunes Acquires Limonetik to Accelerate Rollout of Gobal Payment Collections

This move will complement existing Thunes Cross-Border Payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods such as mobile wallets, payment by installments (BNPL), QR code payments and more. The solution will be known as Thunes Collections. > See Article