Dwolla, a modern payments platform, releases access to Real-Time Payments, an instant* payment option that can send money directly to a bank account in seconds using the RTP® Network.

The Payment Card Industry Data Security Standard – PCI DSS, was launched in 2004, courtesy of Visa. Two years later, major card brands formed the PCI Security Standards Council (PCI SSC) – to, in their own words, “develop and drive adoption of data security standards and resources for safe payments worldwide.”

The remarkable rise of the cryptocurrency sector and the increasing adoption of digital assets continue to attract investors looking for ways to join the digital asset ecosystem. Therefore, cryptocurrency ATMs are emerging as one of the perfect entry points in the digital currency space based on the number of new installations globally. 

The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology venture capital fund, and Enza Capital invested in the USD 3.6 million extension round - agreed and structured in 2020 - bringing the total Series A volume to USD 9.9 million.

Following the launch of MultiPay Global Solutions, to help large merchants gain control and flexibility of their payments, MultiPay Group is bringing the same couture experience and ability to accept any payment, anywhere, to small and medium-sized businesses (SMEs).

Trov (www.trov.com), a global leader in embedded insurance, is continuing to expand its presence in the UK market, enabling brands to offer digital insurance products to their customers and tap additional revenue streams. With an initial focus on renters insurance distributed by proptechs, fintechs, retailers, and utilities, Trov announces a new wave of consumer brands that will offer digital insurance powered by its innovative technology, including Love to Rent, OpenBrix, Moovshack, Utilita and Movinghub.

BrightPay, the leading payroll software provider, has today announced it has partnered with the FinTech Modulr to offer a fast, secure and easy way to make payments part of payroll.

Powered by Modulr’s direct access to critical payments infrastructure, the integration will enable BrightPay to enhance their current software with a seamless and secure way for users to make payments at the same time as running payroll.

The strategic partnership will see IXOPAY and Vyne provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients will have access to “direct from account” payments from across Europe with just one connection.

Sentenial Limited and its wholly-owned subsidiaries (“Sentenial”), and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account (“A2A”) payments sector 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.