PayPoint Calls for a New Credit Collections ‘Norm’ as Financial Support Schemes Draw to a Close
- 3 years 10 months ago
- Payments
Payment holidays have provided a lifeline for many in the pandemic, but as the planned March end-date[i] fast approaches, consumers and organisations must both prepare for a difficult period of financial transition.
Mastercard Working with Liberty Tax to Provide Access to Economic Impact Payments and Tax Return Funds
- 3 years 10 months ago
- Payments
With the Netspend® Liberty Tax® Prepaid Mastercard®, eligible Americans can receive quick and secure access to their stimulus and tax return payments
MODIFI Announces New 60M USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111M USD to Fuel Global Expansion
- 3 years 10 months ago
- Trading Systems, Payments
Global fintech MODIFI announces a new 60m USD debt facility with Silicon Valley Bank (SVB), bringing its total raised capital to 111m USD. The facility from SVB's German Branch will be used to address increasing demand in existing markets, as well as fuel MODIFI's continuing growth and finance buyers and sellers in new geographies, particularly the US.
HPS and Utimaco Enter Into a Strategic Partnership
- 3 years 10 months ago
- Payments, Cybersecurity, Compliance
HPS, the leading global provider of payment solutions, today announced a new partnership with Utimaco, a leading global provider of IT security solutions. As part of the partnership, HPS has integrated Utimaco’s hardware security module Atalla AT1000 into PowerCARD, HPS’ comprehensive suite of solutions that covers the entire payment value chain.
Enfuce raises €7M in Series B Funding Round Led by Tencent and Appoints Dr. Ling Ge to the Board of Directors
- 3 years 10 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
- 3 years 10 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
- 3 years 10 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
- 3 years 10 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
- 3 years 10 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
- 3 years 10 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”
- 3 years 10 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
- 3 years 10 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
- 3 years 10 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.