Mastercard and Leading Canadian Fintech VoPay Enter Strategic Partnership to Empower Canadians to Move Money Quickly and Securely with Mastercard Move
- 1 year 1 month ago
- Money Transfers
Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay today announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers. Leveraging Mastercard Move, Mastercard’s newly combined portfolio of domestic and international money transfer solutions, the companies will offer a choice of payment rails and... more
StoneX Partners with NatWest to Enhance Global FX Payment Systems
- 1 year 1 month ago
- Payments
The Payments division of StoneX (StoneX Payments) will supply NatWest with third-party delivery and international FX payment services, allowing the bank’s corporate clients to transfer money to more nations with ease. This partnership will support cross-border payments and expand local payment reach in an additional set of 10 currencies, providing access to customers in markets the bank had not previously serviced.
Cheddar Adds Three British Retail Powerhouses to Its Rewards App
- 1 year 1 month ago
- Payments
The largest bank-powered rewards app in the UK, Cheddar, has expanded its category of partners across grocery and fashion - with Waitrose & John Lewis, Sainsbury’s, and ASOS now available to users. The three retailers join over 150+ brands in helping British consumers save when they spend.
TokenEx and IXOPAY to Merge, Enabling Merchants to Optimize the Use of Multiple Payment Processors
- 1 year 1 month ago
- Payments
TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO.
Aurora Payments Launches ARISE, a One-Stop Payment Platform for Small and Medium Businesses
- 1 year 1 month ago
- Payments
Aurora Payments, a full-service payment solutions provider, today introduced the ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses). The ARISE Payment Platform works in tandem with the ARISE Payment Terminal in a card-present environment or standalone mode in a card-not-present environment.
URBN Partners with Stripe to Power Online and In-person Retail Payments
- 1 year 1 month ago
- Payments
Stripe, a financial infrastructure platform for businesses, today announced a partnership with URBN to power online and in-person retail payments for Urban Outfitters, Anthropologie Group, Free People, and FP Movement. With Stripe as its primary payments infrastructure, URBN will introduce a more consistent checkout experience for its customers with the goal of increasing authorization rates and enabling future innovation.
Abillio Becomes DAC7-compliant Payments Provider for Online Internship Marketplace Vaqat
- 1 year 1 month ago
- Payments
Vaqat has chosen Abillio's API-based payment infrastructure to streamline student onboarding, tax compliance, and payouts, combined with DAC7 reporting. Launched in 2022, Vaqat is a marketplace where companies can outsource short intern-like tasks to students from 70 countries and future employers can use such projects as a talent assessment tool.
Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing
- 1 year 1 month ago
- Payments
Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., today announced the launch of the Rapid Access Mastercard.
Fintech Deblock Chooses Numeral to Manage SEPA Payments Like a Bank
- 1 year 1 month ago
- Payments
Deblock, the first current account that accepts both euros and cryptocurrencies, has chosen Numeral, the payment technology provider, to manage its SEPA payments. This collaboration allows Deblock to operate as a SEPA participant right from the launch of its product, thereby offering IBANs in its name to its clients.
Nium Approved as a Registered Financial Service Provider in New Zealand
- 1 year 1 month ago
- Payments
Nium, the global leader in real-time, cross-border payments, today announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium's entry into the dynamic financial landscape of New Zealand and reinforces its commitment to delivering innovative financial solutions globally.
Celeris and PXP Financial Forge Strategic Integration to Elevate Merchant Payment Solutions
- 1 year 1 month ago
- Payments
Celeris, a pioneering provider of dynamic payment solutions, is excited to unveil a strategic technical integration with PXP Financial, a globally renowned payment service provider recognised for its cutting-edge payment technologies. This partnership marks a significant leap forward in payment processing capabilities for businesses on a global scale.
Sopra Banking Software Introduces Instant Payments Solution to Power As Many As 1,500 Transactions Per Second for Banks and Financial Institutions
- 1 year 1 month ago
- Payments
Sopra Banking Software (SBS), the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, today announced the availability of its cloud-based Instant Payments solution. The technology enables banks and financial institutions to power secure instant payments for consumers anytime, anywhere.
UK Finance Announces New Regulated Liability Network Experimentation Phase
- 1 year 1 month ago
- Cryptocurrencies
UK Finance has today announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits.
Yuno Partnership Supercharges inDrive's Latin American Expansion
- 1 year 1 month ago
- Payments
inDrive, a global mobility and urban services platform, has successfully expanded into 10 countries in Latin America in less than eight months with payments orchestration support from Yuno. This new milestone is announced at Web Summit Rio 2024, which launches today, and is set to welcome both Yuno CEO Juan Pablo Ortega and inDrive CEO Arsen Tomsky as speakers.
HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO's AI-Powered Optimization
- 1 year 1 month ago
- Payments
Today at FICO® World, the industry's leading analytic and AI event, FICO announced that HSBC, one of the world’s largest banking and financial services organizations, has used AI-powered mathematical optimization technology to grow its credit card portfolio. The project saw a 15% uplift in monthly spending by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt.
