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The 10 Best Payment Processing Companies

Unless you’re planning to receive cash via a homing pigeon, you’ll need an efficient payment processor if you have an online store (or take payments digitally at your brick-and-mortar store).

The payment processing service you use is critical not only to facilitate secure transactions but also as part of the wider user experience. A frictionless checkout experience can minimize the chances of cart abandonment and maximize your sales.

Friday, March 10, 2023 - 12:15
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Financial IT
Business Owners Gain ‘Restored Confidence’ as UK Economy Grows 0.3% in January

The UK economy grew 0.3 per cent in January, according to official figures, rebounding following fears of a prolonged recession.

Britain’s gross domestic product (GDP), a key measure in economic performance, rose at the start of 2023, bouncing back due to factors such as the end to postal strikes and the return of children to schools.

Friday, March 10, 2023 - 09:25
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Financial IT
Digital Identity RegTech Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Socure, the leading provider of digital identity verification and fraud solutions, today announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.

Friday, March 10, 2023 - 09:18
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Financial IT
Web3 Startup Tweed Raises $4M in Seed Round

Tweed, a plug-and-play white-label wallet and payment solution to support any web2 platform tapping into the web3 space, today comes out of stealth to announce it has raised a $4m seed funding round led by Accel.

Communitas Capital Partners and Zero Knowledge Ventures also participated in the round alongside angel investors including Sorare CEO Nicolas Julia, ex-Venmo COO Mike Vaughan, ex-JPMorgan executive Ameet Patel and ex-SunGard CEO Cristóbal Conde.

Friday, March 10, 2023 - 09:08
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Financial IT
KARM Legal Releases Report Assessing Regulatory Framework for Virtual Assets

KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts - Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions. 

Friday, March 10, 2023 - 08:53
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Financial IT
Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator

The Independent Community Bankers of America® (ICBA) officially kicked off its application period for the initial 2023 ICBA ThinkTECH Accelerator program, with a focus on deposit gathering and retention, and real-time/instant payment solutions. Interested fintechs are encouraged to apply by March 17.

Friday, March 10, 2023 - 06:34
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Financial IT
Orion Innovation Acquires Banktech Software Services

Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the acquisition of

Friday, March 10, 2023 - 06:28
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Financial IT
Big Tech and Regs: How Banks Must Get Ahead of the Game with Good Governance

The world of banking and finance has changed.

Gone are the bricks-and-mortar standalone businesses that provided the foundation for our society. The global financial crisis of 2007 and 8 showed us just how interconnected and interdependent our banking ecosystem was.

Friday, March 10, 2023 - 06:22
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Financial IT
Aevi Selects OvationCXM to Transform Digital Payment Customer Experience

OvationCXM, a global leader in customer experience management (CXM), today announces that Aevi is expanding into North America and has selected OvationCXM as its CXM provider to elevate the digital payments customer experience. The strategic partnership delivers the ultimate personalized payment merchant experience for wholesale ISOs, ISVs, agent banks and more.

Friday, March 10, 2023 - 06:15
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Financial IT
Fintech Pioneer Railsr Announces Sale to Consortium led by D Squared Capital

Railsr, the embedded finance platform, has today announced that it has been purchased and re-capitalised by a consortium, led by D Squared Capital, and that a change of control has been agreed with the Financial Conduct Authority in the UK. This ensures business continuity for Railsr's customers, and more than five million end-users. Railsr will remain headquartered in the City of London. 

Friday, March 10, 2023 - 06:08
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Financial IT

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