Ministers to Boost Innovation in Payments With New Objective for Bank of England
- 9 hours 18 min ago
- Payments
As digital technology continues to transform the way people and businesses make payments, the Bank’s new objective seeks to ensure the regulatory framework creates the right conditions for these innovations to develop safely and drive good growth in every postcode. The Bank will report against this objective annually, as a means by which to track pace with technological change. City Minister Lucy Rigby said:
Edenred Payment Solutions Powers Toolstation’s Launch of Its New-to-Market Omnichannel Gift Card Programme
- 12 hours 18 sec ago
- Payments
Edenred Payment Solutions (EPS), a leading payment services provider and regulated Electronic Money Institution (EMI), today announced the launch of a new closed-loop gift card programme for Toolstation, one of the UK’s fastest-growing multi-channel retailers of tools, accessories and building supplies.
Paysafe Launches Merchant of Record Solution Through Strategic Partnership With FastSpring
- 1 day 7 hours ago
- Payments
Paysafe, a leading payments platform, today announced the launch of its new Merchant of Record (MoR) solution through a strategic partnership with FastSpring, a leading provider of merchant of record services for Games, Apps, AI, Software, and digital goods businesses.
Commonwealth Bank Launches PaidIt to Help Organisations Simplify Payouts
- 1 day 8 hours ago
- Payments
Commonwealth Bank has launched PaidIt, a new way for organisations to manage payouts like settlements, remediation payments and refunds – helping get money to the right person quickly and securely. The launch comes as Australia prepares for the phase-out of cheques in 2028, prompting organisations to rethink how they manage payments when recipient details are missing, incomplete or outdated.
TNS Reveals Ongoing Investment in Its Omnichannel Payments Orchestration Platform Designed to Reduce Complexity
- 1 day 10 hours ago
- Payments
Transaction Network Services (TNS), a global leader in managed network and payment solutions, has revealed a significant investment to its extensive acceptance and payment orchestration platform designed to help businesses increase payment acceptance, lower transaction costs and reduce the complexity of managing payments across multiple channels and markets.
Payouts.com and Casper Association Partner on AI Agent Payments
- 2 days 8 hours ago
- Payments
Payouts.com, the financial operating system for humans and AI agents, and the Casper Association, the Swiss non-profit stewarding the Casper Network blockchain, today announced a partnership to bring x402 agent payments into production. Payouts.com will support Casper Network, the first WebAssembly-native Layer 1 running x402 on mainnet, as a settlement rail for its AgentWallet and Digital Employees platform. Since Payouts.com already supports... more
payabl. Teams Up With Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks
- 2 days 12 hours ago
- Payments
European financial technology provider payabl. has expanded its relationship with Visa to extend access to real-time dispute management tools for merchants across the UK and EU. Through the collaboration, payabl. will offer Visa’s Rapid Dispute Resolution (RDR) services, enabling merchants to resolve disputes automatically at the pre-dispute stage and help prevent costly chargebacks before they happen. The solution also helps enhance the... more
OpenPayd Integrates With Circle Payments Network to Enable Near-Instant Global Fiat Payments to Businesses
- 2 days 12 hours ago
- Payments
OpenPayd, a leading provider of financial infrastructure, today announced it has integrated with Circle Payments Network (CPN) to bring near-instant cross-border fiat payments to businesses through its universal financial infrastructure.
Stripe Celebrates 10 Years in Singapore by Expanding Its Infrastructure for Global Businesses
- 2 days 12 hours ago
- Payments
Stripe today shared new tools to accelerate the global expansion of Asian businesses, from expanded multi-currency treasury capabilities and new payment methods, to the ability to sell domestically in dozens of countries without a local entity.
Visa Joins MAS-Led BLOOM Initiative to Connect Traditional Payments and Stablecoin Networks
- 2 days 13 hours ago
- Payments
Visa, the world’s leader in digital payments announced its participation in BLOOM (Borderless, Liquid, Open, Online, Multi-currency), a new initiative led by the Monetary Authority of Singapore (MAS) designed to extend settlement capabilities offered by financial institutions, including enabling interoperability between traditional payment systems and stablecoin-based payment rails.
Paysafe Launches Video Gaming Arena to Connect Publishers With Millions of Gamers
- 3 days 7 hours ago
- Payments
Paysafe, a leading payments platform, today announced the launch of a gaming arena designed to connect gamers, developers and publishers through a destination focused on game discovery, rewards and community.
Shukria and Mastercard Announce Strategic Collaboration to Advance Commercial Payments in the UAE
- 3 days 7 hours ago
- Payments
Shukria, Mercury’s digital payments and business solutions brand, today announced its collaboration with Mastercard to launch the Shukria Commercial Card, designed for merchants and other companies across the UAE. The move expands Shukria's offering beyond payment acceptance, reinforcing its vision of equipping businesses with practical financial solutions that support their evolving needs in an increasingly digital economy.
UK Credit Card Payment Rates Drop and Balances Rise as Summer Spending Puts Pressure on Consumers
- 3 days 9 hours ago
- Credit Cards
As summer spending rose in June, credit card data analysis by global analytics software leader FICO underlines the financial pressures facing UK households. Falling payments contributed to an annual increase in accounts with one, two and three missed payments. And with average balances across all three delinquent categories rising month-on-month, risk teams will need to maintain heightened monitoring for signs of pressure on affordability.... more
Viva.com Signs Cyprus State Payment Services Contract
- 3 days 12 hours ago
- Payments
Viva.com, the first Tech Bank in Europe for businesses, has been awarded by the Treasury of the Republic of Cyprus the contract to provide electronic transaction processing services for the Cypriot state. In doing so, Viva.com will set up an advanced payments infrastructure for the Cypriot state, reinforcing its position as a pan-European critical banking infrastructure that combines scale with local expertise, serving both public institutions... more
MassPay Launches MassPay Validate, Bringing Pre-Send Account Verification to Any Company Sending Payments
- 6 days 6 hours ago
- Payments
MassPay, the global financial orchestration platform, today announced the launch of MassPay Validate, a standalone account verification product that confirms an account's status and owner before a payment is originated.
