Rome Becomes the First European City to Offer Open Loop Transit Payments to Chinese, Japanese and Other Cardholders
- 2 years 4 months ago
- Payments
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.
Gallant Capital Acquires Fime and UL Solutions’ Payments Testing Business to Create Global Leader in Payments, Smart Mobility & Digital ID
- 2 years 4 months ago
- Payments
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.
Mastercard and I&M Bank Extend Strategic Collaboration to 8 Years Strengthening Digital Payment Solutions in Kenya
- 2 years 4 months ago
- Payments
Mastercard and I&M Bank have extended their strategic collaboration with an 8-year strategic alliance, ensuring cardholders in Kenya continue to enjoy enhanced value propositions. Under this alliance, I&M bank clients will enjoy competitive premium customer value propositions through a range of world class debit and credit cards.
Worldpay Makes Payments Even Easier, Launches Tap to Pay on iPhone
- 2 years 4 months ago
- Payments
Payment facilitators working with the Worldpay® PayFac™ suite of services to operate their payments services can now enable Tap to Pay on iPhone for their merchants. Two PayFac partners, Fullsteam and Autobooks, have launched the new service from Worldpay, which allows their merchants to use an iPhone to securely accept contactless payments including contactless credit and debit cards, Apple Pay and other digital wallets—no additional hardware... more
Hidden Costs, Complexity of International Payments Threaten Small Business Expansion, New Research Reveals
- 2 years 4 months ago
- Payments
American small- and medium-sized businesses (SMBs) looking to expand abroad face harsh logistical realities, shows new research commissioned by global technology company Wise. The complexity and cost of international payment services, alongside macroeconomic pressures, are cited as key barriers thwarting these businesses’ global ambitions.
Yuno and Kushki Join Forces to Transform Digital Payments in LatAm
- 2 years 4 months ago
- Payments
Yuno, the leading global payments orchestration platform, today announces a strategic partnership with Kushki, a payments technology company that connects Latin America through payments, to optimize the digital payments ecosystem, improve the purchasing experience and reduce transaction costs in the region.
Nayax Completes Acquisition of VMtecnologia
- 2 years 4 months ago
- Payments
Nayax Ltd. a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced it has completed its acquisition of VMtecnologia, a leading technology provider for the automated self-service industry in Brazil.
Icon Extends IPF to Support Swiss Instant Payments
- 2 years 4 months ago
- Payments
Icon Solutions today announces that it has developed and launched a new SIC5 scheme pack for its Icon Payments Framework (IPF) – the payments solution putting global banks in control – to accelerate support for domestic instant payments in Switzerland.
DailyPay to Offer Earned Wage Access to Small Businesses Nationwide
- 2 years 4 months ago
- Payments
DailyPay, a leading worktech company whose clients include America's leading employers, is expanding its capabilities by bringing its industry-leading earned wage access solution to small businesses nationwide. This marks the first time DailyPay will offer its product to all companies with 400 or fewer employees that are integrated with partnering payroll providers.
Sezzle BNPL Encourages Financial Responsibility by Gamifying On-Time Payments
- 2 years 4 months ago
- Payments
Sezzle, the leading Buy Now, Pay Later (BNPL) solution, is excited to announce the launch of Payment Streaks, a new feature designed to reward consumers for consistent and timely payments. Sezzle's free Payment Streaks loyalty tier program enables users to ascend through loyalty tiers by consistently making on-time payments. This initiative underscores Sezzle’s commitment to enhancing customer experience and fostering financial responsibility... more
Nexi and shopreme Partner to Elevate In-store Checkout Experiences for Consumers Across Europe
- 2 years 4 months ago
- Payments
Nexi, the leading European PayTech, today announced a strategic collaboration with shopreme, a pioneer in advanced checkout technology. The partnership will see Nexi integrate shopreme’s self-checkout solutions into its merchant propositions. The move underscores Nexi and shopreme’s shared commitment to reshaping the in-store payments landscape, leading to an era of convenience, efficiency and innovation for European consumers and retailers.
Borderless AI and Nium Transform Employer of Record Business with Real-Time Cross-Border Payments
- 2 years 4 months ago
- Payments
Borderless AI, a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry.
Marqeta Announces Global Expansion of Uber Eats Partnership into Eight Markets
- 2 years 4 months ago
- Payments
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the expansion of its US partnership with Uber Eats into eight additional markets: Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile and Costa Rica. Marqeta’s global platform allows customers to launch card products in more than 40 markets through a single integration.
Tyl by NatWest Announces New Payments Partnership With FSB
- 2 years 4 months ago
- Payments
NatWest Group has today announced a new partnership with the Federation of Small Businesses (FSB). This official payments partnership, builds on the support the NatWest Group has given to FSB over the years as the UK’s biggest bank for businesses.
86% of Accounts Payable Professionals Willing To Pay More For Automated Payments, According to New Research from Weavr
- 2 years 4 months ago
- Payments
New research from embedded finance specialist Weavr reveals that a staggering 94% of Accounts Payable (AP) professionals would prefer their AP software to be able to execute payments, not just prepare them. Based on a survey of 250 UK finance and accounting professionals, the data shows a significant number of pain points within current industry solutions.
