Industry News

The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.

Apr 9, 2021

Fingerprint Cards AB Prepares for Growth in Key Areas; Establishes Regional Offices in China and Switzerland, and Distribution Hub in Singapore

Fingerprint Cards´ business lines, Mobile and Payments & Access, both feature mass production by a limited number of global manufacturers that are part of value chains with numerous participants. > See Article

Apr 9, 2021

Square Announces Early Access Program for Ireland Businesses

The program provides exclusive access to an integrated suite of tools to seamlessly sell in-person and online.  > See Article

Apr 8, 2021

Afterpay and Adyen Partner to Deliver Flexible Payments

Hunter is among several retailers tapping payment leaders to offer a convenient, secure and contactless budgeting tool for consumers. > See Article

Apr 8, 2021

TrueLayer Raises $70m to Build the World´s Most Valuable Open Banking Network

A Series D round led by new investor, Addition, with participation by existing investors including Anthemis Group, Connect Ventures, Mouro Capital, Northzone and Temasek, brings the total raised to date to $142m. > See Article

Apr 8, 2021

Egypt´s Paymob Closes $18.5M Series A to Expand Payment Services across MENA

The total raise of $18.5 million is the largest Series A round in Egypt yet, and one of the largest equity rounds in North Africa.   > See Article

Apr 8, 2021

Hazel by Walmart: U.S. Retailer Hints at Fintech Unit Details

The world´s largest retailer filed for a trademark on the name on March 29, in the process giving clues as to what the startup might actually do. The application with the U.S. Patent and Trademark Office includes a slew of financial services that the startup could potentially offer, from issuing credit cards to offering credit-repair services. > See Article

Apr 8, 2021

Mastercard is First to Launch Request to Pay Application Solution in the U.K.

Accredited as both an application and repository service provider, Mastercard´s Request to Pay solution now builds and enrols end user applications, such as a mobile app for consumers or a corporate IT system. These are necessary to create, send, view and respond to Requests to Pay for billers and payers, while also building in message repositories--the secure message storing and routing component.   > See Article

Apr 7, 2021

Ekata Launches Merchant Onboarding Solution to Enable Faster, Smarter Assessments of Merchant Risk

New API and SaaS solutions link businesses to the individuals behind them, enabling payment providers and lenders to onboard merchants faster than before and with higher confidence. > See Article

Apr 7, 2021

One Billion Additional Touch-free Visa Payments Made as Consumers Embrace Contactless Commerce

Less than a year since contactless limits increased across Europe, Visa has hit 1 billion additional touch-free transactions, 400 million of which took place in the U.K. > See Article

Apr 7, 2021

Gemini Taps Alloy to Streamline Identity Decisioning for Credit Card with Crypto Rewards

Gemini will use Alloy to facilitate its onboarding process for credit card customers and help to ensure the right systems are in place to capture and review customer data to reduce exposure to noncompliant account openings. > See Article

Apr 6, 2021

Lightspeed Launches Lightspeed Payments in United Kingdom and Europe in Expansion of Tailored Financial Solutions

Lightspeed´s integrated payments experience gives small and medium-sized businesses in the hospitality industry access to key functionalities made crucial by the global pandemic, including mobile and contactless payments, ahead of anticipated economic reopenings. > See Article

Apr 6, 2021

Payment Industry Veteran, Vaden Landers, Launches New Venture and Completes First Software Platform Acquisition

Paymogy has formally opened for business commensurate with the closing of its acquisition of San Diego, California, based Linvio, Inc., a salesforce development partner. > See Article

Apr 6, 2021

Brink’s Acquires Largest Privately Owned Provider of ATM Services in the U.S.

The Brink´s Company has acquired PAI, Inc. for $213 million. > See Article

Apr 6, 2021

EML Acquires Sentenial Group & Enters the Open Banking Market in Europe

The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the open banking sector in Europe and to expand the capability across all regions. > See Article

Apr 6, 2021

Paytronix Integration Brings Enterprise Customer Experience Solution to Revel Systems Cloud-Based Point of Sale

Restaurants and retailers that have deployed Revel Enterprise can quickly access the full Paytronix Rewards platform--which includes loyalty, online ordering/delivery management and stored value. > See Article

Apr 6, 2021

Everyware Announces Partnership with Visa Solutions: Cybersource and Authorize.net

The partnership with these two Visa solutions will power the payment processing for small and medium businesses (SMBs), while Everyware´s platform delivers seamless two-way communication with secure payment options to help customer relationships and boost revenue goals. > See Article

Apr 5, 2021

Intuit ProConnect Announces Practice Ignition Partnership to Increase Efficiency for Tax Professionals

The partnership will help professionals scale their revenue, while reducing time spent on administrative tasks. > See Article

Apr 5, 2021

Singapore-based Neobanking Startup StashFin Raises USD 40 MM in Series B Extension Equity Financing

New investors participating in the round include Altara Ventures and Uncorrelated Ventures with previous investments from Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV.  > See Article

Apr 2, 2021

dLocal Closes New Investment, Appoints Sumita Pandit as New COO, Jacobo Singer as President

dLocal has announced $150M in new investment at a valuation of $5 billion. Alkeon Capital led the round alongside BOND, D1 Capital Partners and Tiger Global. > See Article

Apr 2, 2021

NACS Seeks to Delay EMV Compliance

NACS, along with Energy Marketers of America, the National Association of Truck Stop Operators and the Society of Independent Gasoline Marketers of America, have requested a delay of the deadline for the upcoming EMV liability shift for automated fuel dispensers to October 2021. The requests were sent to American Express, Discover, Mastercard, Visa, Voyager and Wex.  > See Article

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