Payments

Western Union and Italy’s Postepay Enable Cross-Border Payments

4 years 12 months ago
Payments

Customers of App Postepay, among the preferred payment Apps in Italy, can now access Western Union’s cross-border and cross-currency platform to send money globally, following an agreement between Postepay, one of the largest Electronic Money Institution (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement... more

Klarna kicks off February with Smoooth Sessions: a future-gazing edition

4 years 12 months ago
Payments

Last night, leading payments provider Klarna held its first “Smoooth Sessions” event of the year, with a panel of retail experts coming together to consider the future of retail.

Growing Number Of High Streets Banks Adopt Unique Cheque Fraud Prevention Tool

4 years 12 months ago
Payments, Security

The TALL Group of Companies, the UK’s leading provider of secure electronic and paper payments solutions is working with a growing number of high street banks that have all signed up as early adopters of UCN Plus®, in a move designed to strengthen the industry’s protection against cheque fraud within the UK payments systems.

Paysend Develops Payment Solution For $1 Billion Pakistani Freelance Market

4 years 12 months ago
Payments

Global fintech company Paysend has partnered with Pakistan’s JS Bank to support the launch a new payment solution for freelancers. The ‘Freelance Wallet’ will enable freelancers in Pakistan, estimated at 1.15 million in number and earning in excess of $1 billion per year, to be paid on time and in full. The JS Bank Freelance Wallet is an app-based solution to which payment can be sent using just a mobile number. The absence of relevant payment... more

Dot Raises $8 Million Seed Funding From PayU, Fosun RZ Capital, Info EdgeVentures

4 years 12 months ago
Payments, FinTech StartUps

Dot, offline-to-online (O2O) commerce and fintech platform founded by entrepreneur and PayU India’s ex co-founder Shailaz Nag today announced that it has raised an initial seed funding of around US$8 million. PayU, the payments and fintech business of Prosus, and Fosun RZ Capital led the seed funding round, which also saw participation from Info Edge Ventures and other well-known angel investors in the country.

Airwallex and Visa Debut Airwallex Borderless Cards For Businesses

4 years 12 months ago
Payments

Global fintech leader Airwallex today announced the launch of the Airwallex Borderless Card for businesses, in partnership with Visa, the world’s leading digital payment technology company.

MuchBetter launches MuchBetter cash – enabling physical cash-to-iGaming-account transactions

4 years 12 months ago
Payments

MuchBetter, the award winning iGaming payments company, today announced the launch of MuchBetter cash, a unique cash-to-iGaming-account transaction service. Enabled by the MuchBetter API, MuchBetter cash allows customers to make free cash payments at offline retail locations directly into their iGaming accounts.

Payments Infrastructure Builder Finix Raises $35m

4 years 12 months ago
Payments

Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.

Mode Unveils Bitcoin Buying App

4 years 12 months ago
Cryptocurrencies

London-based fintech firm Mode, advised and backed by Twitter co-founder Biz Stone, has launched its Bitcoin banking mobile iOS app. This will make Bitcoin - the world’s most popular digital asset which many refer to as ‘digital gold’ - accessible to everyone at the touch of a button. The platform is available to users globally, except in the United States of America.

European Investment Bank and Azimo Sign EUR20 Million Debt Venture Deal

4 years 12 months ago
Payments

The European Investment Bank (EIB) and Azimo, the European money transfer service, today announced a EUR 20 million debt agreement. The financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe. The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform. Currently, some 130 of Azimo’s 160 total staff are... more

Bankable Announces Strategic Collaboration with Visa to Continue Growing Globally

4 years 12 months ago
Payments, Banking

Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States. Bankable aims to provide Visa’s U.S. clients, including corporate and financial institutions, access to its real-time and modular banking solutions, enabling them to deploy digital banking and faster payment services. To accommodate ongoing work in the U.S., Bankable is opening an office in New York, which... more

CQG Partners with DVeX to Offer Front-End Platforms to New Cryptocurrency Exchange

4 years 12 months ago
Trading Systems, Cryptocurrencies

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced the establishment of a partnership with DVeX, a new cryptocurrency exchange built by and for institutional traders. The firms have collaborated to offer CQG front-end platforms to DVeX clients for cutting-edge trading tools and analytics, effective immediately.

MuchBetter launches personal IBAN service for secure, hassle free deposits

4 years 12 months ago
Payments

MuchBetter, the award winning iGaming payments company, today announced the launch of a unique payments service allowing customers to set up a personal IBAN (International Bank Account Number) for use with their MuchBetter accounts, that can be paired with their iGaming accounts. The IBAN service is a free, private and straightforward way for players to transfer payments to their most frequently used iGaming accounts.

EMVCo certifies Trustonic to secure mobile payments apps

4 years 12 months ago
Payments

Mobile device and app security leader Trustonic today announces that its trusted execution environment (TEE)* solution is the first hardware-backed TEE to complete the EMVCo Software-Based Mobile Payments security evaluation process.