BKN301 Launches New Payment Solution ‘301 Retail Account’ to Empower EMEA Region’s Financial Landscape
- 4 months 4 hours ago
- Payments
BKN301 Group, a London-based leading digital payments and Banking-as-a-Service (BaaS) provider with a focus in the EMEA region, unveiled its latest innovative payment solution, ‘301 Retail Account.’ The solution is a payment account that will support the rapidly evolving financial landscape and will cater to the unique needs of traditional banks, fintech companies, and neobanks.
Ecommpay Launches Ecommpay for Good
- 4 months 4 hours ago
- Payments
Ecommpay, the inclusive global payments platform has launched a new brand identity and inclusivity programme, reflecting its focus on accessibility, inclusivity and sustainability and closely tied to its mission to achieve ultimate financial inclusivity. Ecommpay for Good is a dedicated on-going programme focused on inclusivity and providing merchants with critical support to improve their own accessibility. Making a website more accessible can... more
DNA Payments Launches Apple Pay Express Checkout for Ecommerce
- 4 months 4 hours ago
- Payments
DNA Payments has introduced Apple Pay Express Checkout, giving Ecommerce clients a new way to accept customer payments. Now, merchants can offer Apple Pay at checkout or via the Express option through the Safari browser, ensuring consumers a swift and seamless buying experience.
payabl. Launches Payment Accounts to Streamline Financial Operations for Businesses
- 4 months 5 hours ago
- Payments
payabl., a leading European financial services provider, today announced the launch of its
PayPal Partners with Shopify to Power a Portion of Shopify Payments in the U.S.
- 4 months 1 day ago
- Payments
PayPal Holdings Inc. today announced an expansion of its global strategic partnership with Shopify Inc. in the U.S. PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces and platforms comprised of flexible and powerful developer tools.
TrueLayer Expands Partnership with Stripe to Power New Pay by Bank Feature in the UK
- 4 months 1 day ago
- Payments
TrueLayer, Europe’s leading open banking payments network, today announces an expansion to its partnership with Stripe.
1 in 5 Canadian Businesses Experienced Payment Fraud in the Past 6 Months - Despite 63% Feeling Confident in Protecting Their Business Against Scams
- 4 months 1 day ago
- Payments
A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20% versus 13%, respectively, although the types of fraud were similar for both segments. Impersonator fraud, originating from a phone call, message or email that appears to be from a trusted business source (25%), intercepted business e-Transfers (22%) and credit card fraud (20%) were the most common types of ... more
Adyen's Intelligent Payment Routing Achieves 26% Cost Savings and Improves Payment Performance on US Debit Transactions
- 4 months 1 day ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announced Intelligent Payment Routing for US debit payments, the only AI-based solution in the market that simultaneously optimizes and improves revenue and lowers costs. In a pilot of over 20 enterprise merchants — including eBay, 24 Hour Fitness, Microsoft, among others — Adyen achieved an average of 26% cost savings with a 0.22% uplift in authorization... more
DailyPay Rebrands Its Card, Adding New Merchant Cash Back Offers
- 4 months 1 day ago
- Payments
DailyPay, a worktech company and leading provider of earned wage access, is rebranding its "Friday by DailyPay Visa® Prepaid Card," launching the 'DailyPay Visa® Prepaid Card.' The newly rebranded DailyPay Card adds additional capabilities to DailyPay's existing suite of money movement services to help meet the needs of employees on their financial wellness journey.
The Central Bank of Iceland Launches Feasibility Assessment on Implementing Eurosystem’s TARGET Services for Payments
- 4 months 1 day ago
- Payments
The Central Bank of Iceland (CBI) has begun analysing and assessing the possibility of implementing the Eurosystem’s TARGET Services, specifically the TARGET Instant Payment Settlement (TIPS) and T2 interbank payment services. TIPS is an instant payment system, while T2 is a system for real-time gross settlement (RTGS) and central liquidity management (CLM). The Central Bank will focus first on TIPS and then follow with T2.
JST Digital Obtains In-Principle Approval for a Major Payment Institution Licence from Monetary Authority of Singapore
- 4 months 1 day ago
- Payments
JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. ("JST Singapore") has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.
Yazara Integrates with Global Payments Inc. to Enhance Global Reach and SoftPOS Technology
- 4 months 1 day ago
- Payments
Yazara has officially become a part of Global Payments Inc., ushering in a new era of growth and diversification for both companies. This strategic merger positions Yazara and Global Payments to capture a larger share of the expanding SoftPOS and acquiring market across the globe.
Consumer Giant LG Offers Direct Sales with Payfast by Network
- 4 months 1 day ago
- Payments
Consumer product giant LG has opened its first-ever direct-to-consumer ecommerce store in South Africa, with online payment solution leader Payfast by Network supporting seamless transactions. This is the first time that LG products will be available for purchase directly to consumers rather than through a third-party retailer.
Thunes and Commercial Bank Kyrgyzstan | MBANK Forge Strategic Alliance to Transform Cross-Border Payments in the Silk-Road Region
- 4 months 1 day ago
- Payments
Thunes, the Smart Superhighway for money movement around the world, is proud to welcome OJCS “Commercial Bank Kyrgyzstan” | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to connect businesses and individuals in Kyrgyzstan directly to over 7 billion mobile wallets and bank accounts around the world, to make payments in real-time in over 130 countries and 80 currencies in a faster, more convenient, and... more
LTP Selects Avelacom for Low Latency Network to Enhance Cross-Venue Crypto Trading
- 4 months 1 day ago
- Cryptocurrencies
Avelacom, the low-latency network solutions provider for global financial markets, has been selected by LTP, the leading prime broker for digital assets in Asia Pacific, to provide low-latency network services. This collaboration will benefit LTP’s clients –– hedge funds, quantitative funds like HFT companies, FoFs, and family offices –– by improving trading speeds and reliability across crypto markets.