Enfuce raises €7M in Series B Funding Round Led by Tencent and Appoints Dr. Ling Ge to the Board of Directors
- 4 years 5 months ago
- Payments, People Moves
Tencent backs payment services innovator Enfuce in Series B funding round and appoints Dr. Ling Ge, Chief European Representative at Tencent, to Enfuce’s Board of Directors for strategic guidance as the Nordic fintech scales to Europe as well as globally. Nordic-based card issuing and payment processing services pioneer Enfuce has raised €7M in Series B funding led by Tencent’s €5M investment, welcoming the strong global VC with a diverse... more
EPA Champions Open Access to Bank Accounts With Release of New Guidance
- 4 years 5 months ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its updated guidance, EPA’s Guide to Payment Account Providers: 2021 edition, in partnership with the Association of Foreign Exchange and Payment Companies, to continue its work of campaigning for i
Bitex Partners with Onfido for Instant and Secure KYC for Crypto Investors
- 4 years 5 months ago
- Artificial Intelligence, Cryptocurrencies
With volatility emerging as a major concern around digital assets like Bitcoins, implementation of strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures have gained significance. To provide instant and secure KYC for its exchange and wallet, Cryptocurrency Exchange Bitex has partnered with Artificial Intelligence (AI) powered global identity verification and authentication platform Onfido.
PayRetailers Becomes an Official Sponsor of CONMEBOL Sudamericana, a First Sponsorship Arrangement for the Rapidly Growing Payment Platform
- 4 years 5 months ago
- E-Commerce, Payments
PayRetailers partners with CONMEBOL as a two-year new Official Sponsor at the kick off of 2021 season of Sudamericana football tournament. PayRetailers, a premier payment platform operating in Latin America, decided to bolster its commitment to fully being part of the region’s everyday life and culture, by sponsoring one of the region’s greatest competitions in its most beloved sport.
Enabling Growth and Enhancing Efficiency with TruNarrative – The Equals Group
- 4 years 5 months ago
- Management, Payments
The Equals Group chose the TruNarrative platform to help drive operational efficiency and facilitate smooth customer experiences across their range of services. TruNarrative enables businesses to safely onboard customers, detect fraud and identify risk via a single API. Their technology is used to deliver fraud detection and compliance strategies across the globe in a range of industries including banking, lending, online gambling, eCommerce and... more
SumUp Raises €750m in Funding to Fuel Growth and Continue its Global Expansion with New Acquisitions and Product Push
- 4 years 5 months ago
- Payments
Global payments service provider SumUp (www.sumup.co.uk) announces today that it has raised a €750m facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, L.P.. With Goldman Sachs’ and Bain Capital Credit’s continued support as existing investors and high demand from new investors, the current round was oversubscribed.
Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation”
- 4 years 5 months ago
- Payments
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in
stc pay Turns to Red Hat OpenShift to Help Unlock Digital Services Innovation
Red Hat, Inc., the world's leading provider of open source solutions, today announced that stc pay has chosen Red Hat to help it expand its fintech services.
Payhawk Launches One Click Bill Payments and Reimbursements Powered by Railsbank
Payhawk, the only end to end financial system that combines credit cards, payments, and expenses into one integrated experience, announces the launch of one click bill payments and reimbursements powered by a partnership with Railsbank, the leading global Banking-as-a-Platform (BaaS) platform. Payhawk also joins the Xero App Marketplace with a live bank feed to fully automate reconciliation of all company payments.
Worldline Supports PSA Payment Services Austria GmbH’s Quest to Roll Out One of the Most Advanced Payment Ecosystems in Europe
- 4 years 5 months ago
- Payments
Worldline (Euronext: WLN) and PSA Payment Services Austria GmbH (PSA) are extending their collaboration, working together at the heart of Austria’s payment system. Worldline will act as the technical clearing and settlement partner for domestic and international interbank payments.
FINCI Goes Live with Temenos in Record Time in Less Than 4 Months
- 4 years 5 months ago
- Payments
Temenos (SIX: TEMN), the banking software company, today announced that FINCI, a Lithuanian fintech company, has gone live with Temenos. FINCI is running next generation Temenos Payments on cloud-native technology along with Temenos Transact core banking on the same environment.
Innovative Payment Platform Atome Enriching Merchant Network
- 4 years 5 months ago
- Payments
Atome, Hong Kong's innovative Buy-Now-Pay-Later platform is providing a more flexible payment solution to local customers, addressing new lifestyle needs under the New Normal. Atome has been working with different online and offline merchants, together with the deployment of AI technology, to promote responsible spending habits.
Fulton Bank Streamlines Foreign Exchange and Trade Finance Operations with Finzly FX STAR and EXIM STAR
- 4 years 5 months ago
- Online Trading, Payments, Banking
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that Lancaster, Pa.-based Fulton Bank, N.A. ($25 billion asset) has gained significant operational efficiencies in its foreign exchange initiatives through the use of Finzly’s FX STARTM and EXIM STARTM solutions.
Mobile Payment Tokenisation Revenue to Exceed $53 Billion Globally by 2025, as OEM Pays & Wallets Drive Adoption
- 4 years 5 months ago
- Payments
A new study from Juniper Research has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020.
Pluto Digital Assets Raises $40M to Accelerate Investment in Decentralised Technologies
- 4 years 5 months ago
- Asset Management, Cryptocurrencies
Pluto Digital Assets PLC (“Pluto” or “the Company”), the crypto VC and tech company, is pleased to announce that it has raised c.$40 million after closing its latest successful funding round. As a result, the Company has surpassed $50 million total assets under management (“AUM”), within just 50 days of being established.
