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Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct

Visa Inc. and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network.

Tuesday, May 7, 2024 - 10:56
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/news/payments/visa-inc-and-jp-morgan-payments-forge-strategic-collaboration-revolutionize-faster
Financial IT
SME Lender iwoca Secures £270m From Citi and Barclays, Taking Total Investment in the Business Past £1bn
iwoca announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012.

iwoca has received £150m (€175m) in debt financing commitments from Citibank and Insight Investment to support the company’s growth in Germany, and a further £120m from Barclays and Värde for the UK business, as it responds to mounting demand for finance from small businesses. 

Tuesday, May 7, 2024 - 10:46
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Financial IT
TerraPay Continues to Attract Top Industry Talent, Names Hassan Chatila as Vice President and Global Head of Network

TerraPay, a leading global money movement company, is excited to announce the appointment of Hassan Chatila as Vice President - Global Head of Network.

This key addition to TerraPay’s global network leadership also marks a critical step in the company’s ongoing strategy to simplify and streamline global money movement for businesses and individuals alike, underscoring its commitment to enhancing its network capabilities.

Tuesday, May 7, 2024 - 10:28
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/news/people-moves/terrapay-continues-attract-top-industry-talent-names-hassan-chatila-vice-president
Financial IT
Unlimit and Velmie Unite to Accelerate European FinTech Growth

Unlimit, a leading global fintech company, has today announced the partnership of its Banking as a Service (BaaS) platform with digital banking solutions provider Velmie.

Tuesday, May 7, 2024 - 10:22
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/news/digital-banking/unlimit-and-velmie-unite-accelerate-european-fintech-growth
Financial IT
Rome Becomes the First European City to Offer Open Loop Transit Payments to Chinese, Japanese and Other Cardholders

Board public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is bound) on turnstiles or authorised readers. Rome is the first city in Europe to offer this contactless payment service to cardmembers from international schemes JCB and UnionPay.

Tuesday, May 7, 2024 - 10:16
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/news/payments/rome-becomes-first-european-city-offer-open-loop-transit-payments-chinese-japanese-and
Financial IT
Gallant Capital Acquires Fime and UL Solutions’ Payments Testing Business to Create Global Leader in Payments, Smart Mobility & Digital ID

Gallant Capital Partners (“Gallant”), through an affiliate, has acquired Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses under the Fime brand.

Tuesday, May 7, 2024 - 10:08
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/news/payments/gallant-capital-acquires-fime-and-ul-solutions-payments-testing-business-create-global
Financial IT
Capital.com’s Client Trading Volumes Surpass $1 Trillion in 2023

Capital.com, the high-growth global trading platform and fintech group, has today announced that total client trading volumes reached more than $1.2 trillion in 2023. This is a rise of 53% from a year earlier and marks the first time client trading volumes have breached the $1trn mark since the company's inception in 2016. This achievement speaks to Capital.com's ability to remain resilient and entrepreneurial even amid uncertainties across the wider market.

Tuesday, May 7, 2024 - 10:02
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/news/trading-systems/capitalcoms-client-trading-volumes-surpass-1-trillion-2023
Financial IT
Mangopay Appoints Ariel Shoham as Vice President of Risk Product

Mangopay, a modular and flexible payment infrastructure provider that offers 360° fraud prevention for platforms, announces the appointment of Ariel Shoham as Vice President of Product for Risk. Shoham joins to lead the product vision, strategy and roadmap for Identity and Fraud Protection at Mangopay, including its award-winning cybersecurity solution. 

Tuesday, May 7, 2024 - 09:18
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/news/people-moves/mangopay-appoints-ariel-shoham-vice-president-risk-product
Financial IT
Swiss Bitcoin Pay Partners with iDenfy to Streamline Safer Bitcoin Transactions for Businesses Worldwide

iDenfy, a Lithuanian-based RegTech company offering ID verification and fraud prevention solutions, has announced a collaboration with Swiss Bitcoin Pay, a leading provider of tools for businesses to accept Bitcoin payments easily. By integrating iDenfy’s KYC and KYB solutions, Swiss Bitcoin Pay will enhance its risk management strategy and streamline both customer and partner company onboarding. 

Tuesday, May 7, 2024 - 09:08
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/news/bitcoins/swiss-bitcoin-pay-partners-idenfy-streamline-safer-bitcoin-transactions-businesses
Financial IT
Tamatem Plus Partners with Triple-A to Introduce Cryptocurrency Payments for Gamers

In a move destined to reshape the digital gaming landscape, Tamatem Plus, a leading gaming platform in the Middle East, is thrilled to announce its partnership with Triple-A, a licensed digital currency payments provider. 

This partnership enhances the gaming experience for users of the Tamatem Plus platform by offering a secure and efficient way to purchase game vouchers in digital currencies across the globe. 

Tuesday, May 7, 2024 - 09:02
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/news/cryptocurrencies/tamatem-plus-partners-triple-introduce-cryptocurrency-payments-gamers
Financial IT

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