Paysend extends its worldwide footprint with expansion into Asia
- 5 years 8 months ago
- Payments
Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Japan and South Korea. Users are now able to send money to Japan and South Korea using card-to-card or account transfers. Asia is an important growth market for global money transfers. Global money transfers to the East Asia and Pacific region grew almost 7 percent to $143 billion in 2018, faster than the 5 percent growth in 2017,... more
AEVI merchant acquiring report shows integration and connectivity is a priority for industry to thrive
- 5 years 8 months ago
- Payments
If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate their own proprietary solutions. That’s the conclusion of a new report published by AEVI that examines merchant services trends in France, Italy, and Spain, with insights from leading industry experts.
TransferMate launches seamless payments within the AccountsIQ platform
- 5 years 8 months ago
- Payments
TransferMate, one of the world’s leading cross-border B2B payments providers, and AccountsIQ, a market leading cloud accounting, consolidation and business intelligence solution, have announced further product integration to offer seamless international payments for AccountsIQ clients. While AccountsIQ customers can already benefit from the preferential exchange rates and lower fees offered by TransferMate, the advent of TransferMate’s leading... more
Bottomline Recognised as Industry Leader at Document Manager Magazine Awards
Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced it has been recognised with the award for ‘Accounts Payable / Invoicing Product of the Year’ by Document Manager Magazine’s DM Awards. Bottomline was selected for its integrated invoice automation solution, which replaces manual processes and accelerates payables processing.
Paydesk partners with TransferWise for frictionless freelance payments
- 5 years 8 months ago
- Payments
British freelance payments platform Paydesk today announced its integration with TransferWise, the global technology company for moving money internationally, to offer the most efficient payments to freelance workers.
Swiss bank SEBA with a focus on digital assets now accepts clients from 9 new jurisdictions
More than 10 years after the invention of Bitcoin, there is still a tremendous gap between traditional banking on one side and decentralised finance on the other side. SEBA Bank, an integrated bank focused on digital assets, works as a bridge builder offering a comprehensive range of services in digital as well as in traditional finance. In August, it received a licence from the Swiss Financial Market Authority FINMA – the first time such a... more
Payoneer to acquire open payment orchestration platform optile
- 5 years 8 months ago
- Payments
Payoneer, the digital payment platform empowering businesses around the world to grow globally, has announced it has agreed to acquire optile, a Munich-based tech company that streamlines payment acceptance processes for merchants worldwide. Founded in 2010, optile’s open payment ecosystem puts merchants in control of their business with the flexibility to add payment options and partners as their needs evolve, boosting conversion and improving... more
Nuvei raises US$270 million at US$2 billion valuation
- 5 years 8 months ago
- Payments
Nuvei, a leading global payment technology provider, announced today it has completed a US$270 million (CA$358 million) common equity financing, valuing the company at US$2 billion (CA$2.65 billion). The investment comes primarily from Nuvei’s existing shareholders: leading Canadian private equity firm Novacap, supported by some of its key limited partners, and Caisse de dépôt et placement du Québec (CDPQ), one of the largest Canadian... more
Mastercard Brings Digital Identity to Real World Tests
- 5 years 8 months ago
- Digital Identity, Payments
Mastercard today marked the first tests of a new digital service that has the potential to verify a person’s identity immediately, safely and securely in both the digital and the physical world. The initial in-market pilot will take place in Australia through two separate efforts with Australia Post and Deakin University.
The future of money is being rewritten in Asia
- 5 years 8 months ago
- Payments, Banking, FinTech StartUps, IT Innovations
Disruptions that began with technological and business model innovations in other places are expressed in new ways in Asia. In banking, payments and retail, Asia is leading the wave of disruption. In each case, these changing models, as well as unique situations, are enabling consumer choice, shifting profit margins and creating new opportunities. Technology
FPL Technologies ties up with Visa to launch mobile-first credit card for millennials
- 5 years 8 months ago
- Payments
FPL Technologies, a fintech startup focused on re-imagining credit and payments in India today announced its partnership with Visa to launch a mobile-first credit card in India. FPL will issue credit cards in partnership with banks and leverage Visa’s brand, technology and global acceptance footprint to make its credit card available for a wide range of use cases. The company recently raised US $4.5M from Matrix Partners, Sequoia Capital and... more
Visa and MFS Africa Bring Digital Payments to More Consumers and Businesses across Africa
- 5 years 8 months ago
- Payments
Visa (NYSE: V) and the pan-African fintech leader MFS Africa today announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments, significantly expanding Visa’s reach and its ability to open up ecommerce to the region.
Ingenico reveals: How European merchants performed during the week-long Black Friday sales
- 5 years 8 months ago
- Payments
Ingenico Group, the global leader in seamless payment, saw a significant increase in online transactions throughout Europe as a result of this year’s Black Friday shopping period – sales came from a range of industries, not just the retail sector. 2019 ONLINE TRANSACTION DATA
Flywire and iSAMS Integrate to Provide Seamless Cross-Border Tuition Payments
- 5 years 8 months ago
- Payments
Flywire, a provider of vertical payment and receivables solutions for businesses and institutions, today announced a new integration partnership with iSAMS, a 100% web-based school management and integrated accounting solution.
FSS and AFS Partner to Promote Digital Payments in the Middle East
- 5 years 8 months ago
- Payments
FSS (Financial Software and Systems), a global payments products and solutions provider and payment processor, and Arab Financial Services (AFS), the leading payment solutions provider and FinTech enabler in the Middle East and Africa, have entered into an agreement to bring omni-channel payment acceptance solutions to banks in the region. The partnership combines FSS’ technology expertise in acquiring and payments, with AFS’ payments processing... more
