Industry News

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

Jun 24, 2023

New Citizens Private Client World Elite Mastercard Brings Innovative Design Elements and Unique Customer Benefits

Citizens is introducing the Citizens Private Client World Elite Mastercard, the first launch with its exclusive payment partner, Mastercard, and the first card product in the US to include Mastercard´s Touch Card feature. > See Article

Jun 5, 2023

Giesecke+Devrient Elected as Mastercard Engage Digital First Integrator

As a Digital First system integrator, G+D is able to cover all aspects of digital payment processes, from applying for a payment card, through usage and card management, to additional personalized services.  > See Article

Jun 2, 2023

Mastercard Partners with Naps to Drive Innovation Across Morocco´s Digital Payments Landscape

The partnership consolidates the strong historical relationship between the two entities. > See Article

Jun 2, 2023

Parkopedia Partners with Valtech Mobility to Provide End-to-End Parking, Charging and In-Car Commerce Solutions

This partnership brings together Parkopedia´s data and payment processing platform and Valtech Mobility´s connected car software expertise. > See Article

Jun 1, 2023

Madison Dearborn Partners Completes Acquisition of MoneyGram

Madison Dearborn Partners, a private equity investment firm based in Chicago, announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram´s common stock has ceased trading and will be delisted from the Nasdaq stock market. > See Article

Jun 1, 2023

J.P. Morgan Launches Payments Partner Network Powered by Salesforce Commerce Cloud

Salesforce announced that J.P. Morgan has unveiled its new Payments Partner Network--a marketplace powered by Commerce Cloud.  > See Article

May 31, 2023

Worldpay From FIS and Affirm Team up to Expand Pay-Over-Time Solutions That Help Merchants Drive Growth

Affirm and Worldpay have formed a multi-year partnership that will make Affirm’s Adaptive Checkout available to all eligible Worldpay merchants. > See Article

May 31, 2023

Radial Announces New Rebrand with Radial Payment Solutions

The newly rebranded Radial Payment Solutions is designed to transform payment processing, tax compliance and fraud prevention for businesses.  > See Article

May 30, 2023

Diebold Nixdorf Enters into Global Debt Restructuring Support Agreement with Key Financial Stakeholders

The restructuring is expected to significantly reduce debt and leverage levels and provide substantial additional liquidity to support seamless ongoing operations and establish a long-term, sustainable capital structure. > See Article

May 30, 2023

Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening

Sylq acquired ThetaRay´s newly released AI customer screening solution to boost its unique, fully digital onboarding process for KYB (know your business) and KYC (know your customer).  > See Article

May 29, 2023

RevoluGroup Canada Inc. Launches RevoluPOS Worldwide Credit and Debit Card Processing

RevoluPOS is a POS platform linked to RevoluPAY available for free on Apple & Android devices, enabling anyone to accept credit or debit card payments worldwide.  > See Article

May 25, 2023

EML Payments and Visa Unveil New Digital Gift Card Product for US and Canadian Shopping Centers

EML Payments Limited is working with Visa to offer its private label digital gift card to a broad shopping center and multiretailer customer base in the United States and Canada. > See Article

May 25, 2023

SumUp Partners with JCB to Boost Card Acceptance for European Merchants within Its 4-Million-Strong Global Network

The new alliance represents a key pillar of growth for JCB´s acceptance network, enabling merchants to tap into the spending power of its 150 million cardmembers worldwide. > See Article

May 23, 2023

Checkout.com Becomes the First Global Payment Platform to Secure Acquiring License from the UAE Central Bank

Checkout.com, the global payment service provider, has been granted a Retail Payment Services license from the Central Bank of the United Arab Emirates. > See Article

May 22, 2023

Grupo Xcaret and CellPoint Digital Join Forces to Revolutionize the Payment Experience in Mexico´s Travel Industry

CellPoint Digital, a leading payment orchestration platform provider, has been appointed as a strategic partner to Grupo Xcaret, one of Mexico´s largest entertainment, travel and hospitality firms, to deliver its orchestration platform to Xcaret´s four million customers each year. > See Article

May 22, 2023

ACI Worldwide to Offer Banks New Cross-Border, Real-Time Payment Services

ACI Worldwide has added Swift Go to its cross-border payments offering. > See Article

May 22, 2023

Fifth Third Announces Acquisition of Rize Money, Inc.

Fifth Third Bancorp is pleased to announce the acquisition of Rize Money, Inc., an embedded payment platform that provides payment infrastructure and risk management capabilities to fintechs and other technology companies. > See Article

May 21, 2023

Australia Hits Buy Now, Pay Later Sector with Consumer Credit Law

Australia said it would regulate buy now, pay later (BNPL) services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world´s toughest regimes for the startup sector. > See Article

May 19, 2023

Repay Announces Integration with Q2’s Digital Banking Platform

Repay Holdings, a payment provider, has integrated with Q2´s Digital Banking Platform via the Q2 Partner Accelerator Program. > See Article

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