Klarna Plus Marks First Year in the US, Signaling Growing Momentum in Subscription Services
- 2 weeks 6 days ago
- Payments
Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly 35,000 signups a month in the US since its launch in January 2024.
RedCompass Labs Unveils the World’s Most Comprehensive Payments Modernization AI
- 2 weeks 6 days ago
- Payments
RedCompass Labs, the global experts in payments modernization, has today unveiled the world’s most comprehensive payments modernization-specific AI solution, AnalystAccelerator v2.5. Trained on the largest collection of payments rulebooks and scheme documents in the world and fine-tuned on decades of knowledge from leading payments experts, AnalystAccelerator 2.5 delivers cutting-edge applied AI models to help banks accelerate payments... more
Checkout.com Gears Up to Become the First Global Digital PSP to Launch Card Issuing in the UAE
- 2 weeks 6 days ago
- Payments
Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region.
Payoneer Completes Acquisition of Licensed China-Based Payment Service Provider
- 3 weeks 9 min ago
- Payments
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced it has completed its previously announced acquisition of a licensed China-based payment service provider, Easylink Payment Co., Ltd.
Weavr Integrates B4B Payments, Boosting European Payment Flexibility
- 3 weeks 14 min ago
- Payments
Embedded finance specialist Weavr expands its capabilities by integrating B4B Payments, the globally recognised provider of card issuing and integrated payment services, into its embeddable financial solutions platform. The partnership marks a significant step in Weavr’s evolution into a multi-financial institution provider model, reinforcing its leadership in embedded finance and enhancing the choice and flexibility offered to customers.
“Signed, Streamed, Subscribed”: Cleeng and Primer Streamline Subscription Payments for D2C
- 3 weeks 21 hours ago
- Payments
Primer, the unified infrastructure for global payments, has partnered with Cleeng, the leading subscriber retention management platform, to optimize payments and reduce churn for millions of subscribers worldwide.
Nets and BluOr Bank Announce Issuing & Processing Agreement
- 3 weeks 23 hours ago
- Payments
Nets, part of the European PayTech, Nexi Group, today announces an agreement with BluOr Bank, one of Latvia’s leading banks for business and entrepreneurs in the Baltic region. BluOr Bank will leverage Nets’ payment card issuing services, offering an enhanced customer banking experience.
Powering the Future of Payments: Paymentology Unveils Report and Podcast for Next-Gen Card Issuers
- 3 weeks 23 hours ago
- Payments
Paymentology, the leading global issuer processor, has today published a new report designed to support financial institutions and fintechs in selecting the ideal next-generation issuing platform. Titled “Selecting a Next-Generation Issuing Platform: What to Consider”, the report outlines key considerations for building reliable, scalable, and innovative payment solutions in today’s digital-first world.
Unipaas and Mastercard Join Forces to Boost Card Acceptance for SMEs via Vertical SaaS
- 3 weeks 1 day ago
- Payments
Unipaas, the go-to embedded payments provider for SaaS platforms, has announced it is partnering with Mastercard to increase card acceptance for SMEs using vertical SaaS platforms where payments are still predominantly manual and offline. This collaboration aims to digitise and streamline transactions for software platforms’ SME users in underserved industries, where card usage has historically lagged behind.
Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B in One of the Largest Deals in the Digital Assets Space
- 3 weeks 1 day ago
- Cryptocurrencies
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space. With the acquisition, Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker.
Toqio Unveils Design Studio to Accelerate Corporate Access to B2B Embedded Finance Solutions
- 3 weeks 1 day ago
- Payments
Toqio, a leading technology platform for B2B embedded finance solutions, today launches ‘Toqio Design Studio’ – a fintech platform that enables corporates to build, configure and launch embedded finance solutions at pace and scale. With this innovation, businesses can now launch multiple, bespoke embedded finance solutions in as little as 12-16 weeks.
Sokin & ExCel London Announce Global Payments Partnership
- 3 weeks 1 day ago
- Payments
Financial technology specialist Sokin has today announced it has become the Official Global Payments Partner of Excel London. Sokin will enhance global payments at Excel, soon to be Europe’s largest fully integrated events venue, by streamlining cross-border transactions, increasing efficiencies and reducing costs. Additionally, online payments to the venue will be powered by Sokin’s ecommerce gateway.
Global Companies Are Betting on Alternative Payments and Cards Mix to Drive Growth in Latin America
- 3 weeks 1 day ago
- Payments
Recognizing the success of alternative payment methods in Latin America like Brazil's Pix, e-wallets, and local cards, Spreedly, the leading Open Payments Platform, and EBANX, a global payment service provider specialized in emerging markets, have teamed up to offer international companies seamless access to these options in the LatAm region. This partnership enables global merchants, including travel companies Busbud and Rocket Travel by Agoda... more
Telr Expands Its Banking Network in Saudi Arabia With Saudi Awwal Bank to Boost E-Commerce Payments
- 3 weeks 1 day ago
- Payments
Telr, the award-winning online payment gateway, announced a partnership with Saudi Awwal Bank (SAB), a leading bank in the Kingdom of Saudi Arabia, to elevate payment services and enhance merchant efficiency. This collaboration supports Saudi Arabia’s Vision 2030 initiative toward a cashless economy by delivering seamless and secure payment solutions designed for the Kingdom’s evolving digital landscape.
Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels
- 3 weeks 2 days ago
- Payments
Leading global fintech Airwallex today announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli payment network.
