VizyPay Achieves $2B in Payments Processed in Four Years; Expects to Surpass $4B in 2022
- 4 years 7 months ago
- Payments
The company is the fastest-growing privately held payment processor in America with 8,000% growth
Closed-loop and Account-to-account Services Top of List for Payment Firms in 2022
- 4 years 7 months ago
- Payments
Over half of US and UK companies planning to launch a closed-loop payment system this year Closed-loop payment systems are top of the alternative payment product wish list as over half of payment teams in the UK and US look to launch their own in 2022. Account to account (A2A) payments at the point of sale (POS) are the second most popular with just under half planning to launch a product by the end of the year, according to research by... more
PayU Launches a new credit payment solution in Romania on eMAG to Transform Online Shopping Experience
- 4 years 7 months ago
- E-Commerce, Payments
PayU introduces a new way of online shopping financing, bringing additional options and convenience to Romanian shoppers New payment options for fast and easy online purchases with your stored card: Buy Now Pay Later- buy now, pay in 30 days at zero costs; SLICE IT- buy now, pay in four instalments.
Temenos Appoints President and Chief Revenue Officer to Accelerate Growth
- 4 years 7 months ago
- Payments
Temenos AG (SIX: TEMN), the banking software company, today announced it has strengthened its Executive Committee with the appointment of Erich Gerber as President and Chief Revenue Officer. His appointment is effective March 1, 2022. Reporting to Temenos’ CEO, Max Chuard, Erich Gerber will lead the company's global Customer Operations to accelerate and scale expansion to new market segments and territories. He and his organization will focus on... more
Mastercard Advances Commitment to Black Women-owned Businesses Across the U.s. With Yearlong Programming, Support and Funding
- 4 years 7 months ago
- Payments, Credit Cards
Company progresses its Strivers Initiative to elevate and support Black women business owners with funding, mentorship, as well as the digital and cyber tools to get their businesses online and grow
Payment Transactions Exploded by Over 1,000 Per Cent in Six Months for Danish ‘tap-to-phone’ Start-up Vibrant
- 4 years 7 months ago
- Payments, FinTech StartUps
Transaction values soared by over 700 per cent and number of users by more than 600 per cent for VISA-backed business The Danish fintech start-up Vibrant has seen an exponential increase in the use of its tap-to-phone payment solution. Between August 2021 and January 2022, it recorded 1,131.97 per cent growth in the number of transactions made via its app.
Cards and Payments Veteran Jukka Rinta Joins EedenBull as Chief Product Officer
- 4 years 7 months ago
- Payments, Credit Cards
Global payments fintech, EedenBull, has today announced that Jukka Rinta, previously the Head of Product Commercial Cards at National Australia Bank, joins the EedenBull executive management team as Chief Product Officer.
Barclays Calls for More Robust Regulation of All Buy-now-pay-later Products
- 4 years 7 months ago
- Payments
A quarter of BNPL users are concerned about their ability to repay their BNPL bills Over a third chose to pay with BNPL due to insufficient funds in their current or savings account Nearly a fifth of 18–34-year-old BNPL users have had their credit score impacted due to missed BNPL payments The average BNPL user is paying off £293 in BNPL loans, and almost half have had loans from different BNPL providers at the same time
Bizongo Concludes Maiden Buyback, Liquidates ESOP Worth $3.7 Million
- 4 years 7 months ago
- E-Commerce, Payments
~70% of all eligible former and current employees liquidated their ESOPs~ ~The soonicorn offered employees ESOP at different stages of their tenure with the company~ B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million. While 102 of Bizongo’s former and current employees were eligible for the buyback, only 70% of... more
PayRetailers Enters 2nd year of Successful Partnership With the CONMEBOL Sudamericana
- 4 years 7 months ago
- Payments, IT Innovations
In 2022 PayRetailers will continue as an Official Sponsor of CONMEBOL Sudamericana for the second consecutive year. The partnership reaffirms the innovative PSP platform’s presence in Latin America, consolidating its leadership in cross-border payment processing in the region. Solid infrastructure in Latin America
6 Out of 10 Credit Card Users Don’t Know How Much Interest They Are Paying
- 4 years 7 months ago
- Payments, Credit Cards
Not a single respondent was able to correctly calculate the full cost of a credit card purchase, including interest
Apple Empowers Businesses to Accept Contactless Payments Through Tap to Pay on iPhone
- 4 years 7 months ago
- Payments
Later this year, US merchants will be able to accept Apple Pay and other contactless payments simply by using iPhone and a partner-enabled iOS app
Vitesse PSP, Secures $26 Million in Series B Funding
- 4 years 7 months ago
- Fundraising News, Payments
UK headquartered fintech, Vitesse, secures $26 million in Series B funding to drive further digitisation of the insurance market Funding round led by Prime Ventures, with participation from Octopus Ventures and Hannover Digital Investments The new funding will enable Vitesse to tap into the growing digitisation of the insurance market in Europe and the US
EBANX Celebrates 10-year Anniversary with Nearly One Billion Total Payments Processed and More Than 100 Percent Growth in 2021
- 4 years 7 months ago
- Payments
The Brazilian unicorn has given more than 70 million Latin Americans access to global digital sites and services, and currently operates in 15 Latin American countries Today, February 10th, EBANX, the leading payments platform in Latin America, celebrates 10 years since its founding as it closes in on a major milestone of one billion payments processed across 15 countries.
Ekata Protects 2.5 Billion Digital Interactions Globally in 2021
- 4 years 8 months ago
- Payments
2021 was a transformative year for Ekata, capped by joining the Mastercard family to accelerate our shared goal of building trust in the digital economy. As consumers moved more of their lives online, online businesses grew to serve them. Over the course of the year, Ekata solutions protected billions of digital interactions from fraud and enabled better, faster and more trustworthy onboarding and transaction experiences for consumers and... more
