Payments

Barclaycard Payments Data: Brits Turn to Subscriptions to Help with Money Management as Cost-of-living Increases

4 years 3 months ago
Payments

New data from Barclaycard Payments on the ‘subscription economy’ sheds light on how demand for sign-up products and services is evolving following growth during the pandemic – and the impact on consumer spending as the cost of living takes its toll.

Global Payments to Acquire EVO in $4B Deal to Boost B2B Segment

4 years 3 months ago
Payments

Global Payments is to acquire smaller rival EVO Payments for nearly $4 billion in an all-cash deal that will extend its reach in the B2B sector. Headquartered in Atlanta, EVO currently offers merchant acquiring and payments processing services to more than 550,000 merchants in over 50 markets and 150 currencies.

Australian Neobank Up Launches Maybuy - A BNPL Killer

4 years 3 months ago
Payments

Australian neobank Up Bank has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years. Maybuy will create an automated savings plan for users looking to purchase items online. Upon reaching their goal, consumers can decide to buy the item or save the money for another purpose.

Simpl Joins Hands with ClearTax to Enable Hassle-free Tax Filings

4 years 3 months ago
Payments

Simpl, India’s fastest-growing checkout network, announced a collaboration with ClearTax to enable hassle-free tax filings. Through this partnership, millions of ClearTax users can pay for using their services by opting to pay through Simpl’s convenient and speedy 1-click checkout option.

Akurateco Launches Free Fintech Meetings

4 years 3 months ago
Payments

Netherlands-based white-label payment orchestration platform Akurateco is announcing a launch of the free fintech meetings season. The company aims to help business owners to get acquainted with the leading payment technologies that can boost their e-commerce. Fintech meetings are scheduled as follows:

01/08 – Weekly Fintech Recap

4 years 3 months ago
Artificial Intelligence, Blockchain, Digital banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves

Partnerships Microsoft and Nexi Drive Payments Digitisation in Europe

Swift Could Face Challenge in New Era for Cross-border Payments - EIU

4 years 3 months ago
Payments

Analysis from the Economist Intelligence Unit (EIU) suggests that while digital disruption to domestic payments continues, the ongoing Russia-Ukraine war will cause parallel disruption to cross-border payment systems. The dominance of SWIFT is endangered. To begin with, the EIU expects growth in digital payments to slow over the next five years.

Microsoft and Nexi Drive Payments Digitisation in Europe

4 years 3 months ago
Payments

Nexi announces today a strategic collaboration with Microsoft aimed at innovating digital payments solutions and helping digitalization of SMEs, Corporates, Public Administrations and Financial Institutions across multiple European markets through vertical value-added solutions to respond to specific needs as easy-to-adopt one-stop-to-digital packages for small businesses, secure scalable payment cloud-based infrastructures for public entities... more

Payment Source Cuts Reconciliation Times by 50% and Scales Fast with Duco’s Data Automation Platform

4 years 3 months ago
Payments

Duco, a leading cloud-based data automation company, today announced that Payment Source, the preferred partner to bring innovative payment solutions to the Canadian market, has achieved huge efficiency and scalability gains thanks to the Duco Platform.

Worldpay from FIS Extends Partnership with Chargebacks911 to Help Reduce Chargebacks for Merchants

4 years 3 months ago
Payments

Financial technology leader Worldpay from FIS® is extending its partnership with a dispute technology provider, Chargebacks911, by launching an enhanced range of Disput

Cardless to Launch Co-Branded Credit Cards on the American Express Network

4 years 3 months ago
Payments

Cardless, a financial technology firm, today announced a new agreement with American Express. The agreement empowers some of the country’s most celebrated brands – including travel providers and retailers – to seamlessly launch digital-first cards leveraging the Cardless platform, backed by the benefits, offers, and security of the American Express network.

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses

4 years 3 months ago
Payments

Instant, easy and responsible: buy now, pay later program continues to expand and reinforces commitment to consumer protections

PayPoint Launches ‘Refer a Retailer’ Scheme

4 years 3 months ago
Payments

PayPoint has launched a ‘refer a retailer’ scheme to reward PayPoint One retailers and encourage new retailers to sign up for the company’s PayPoint One offering. The promotion, which began on Monday 25 July, offers existing PayPoint One retailers one free month’s service credited to their account for each successful referral they make. In addition, referees will be eligible to claim back their first month’s service fee.