Sokin Targets World’s Largest Remittance Market With Digital Payments Wallet
India is known to be the world’s largest recipient of remittances, receiving $87bn in 2021* Sokin, the next generation payments provider, is set to disrupt India’s $87bn* remittances market by giving the 18 million** Indian migrants living outside their homeland access to 51% cheaper global money transfers***.
Mews Acquires POS Innovator Bizzon for Seamless Guest Payments in Hospitality
The joint solution will provide fully integrated POS and digital ordering for hotels
Worldline Enters the Japanese Merchant Services Market Through a Partnership With Local NSP Vesca
- 2 years 1 month ago
- Payments
Unlocking Japanese acceptance landscape to boost preference for card payments at large scale is part of Worldline’s global growth strategy Worldline, a global leader in payments services announced its business expansion to Japan, offering credit card payment processing for merchants nationwide. An economically mature, very secure market with conservative consumer habits, Japan offers a huge growth potential for card payments.
Payments Industry Reacts to Russia’s Invasion of Ukraine and International Sanctions
- 2 years 1 month ago
- Payments
Visa and Mastercard blocked multiple Russian financial institutions (FIs) from their networks to comply with government sanctions imposed after Russia invaded Ukraine, per Reuters. Both payment networks also said they are prepared to comply with any future sanctions. Neither network disclosed which FIs had been cut off, but a source told Reuters they include entities listed by the US as “Specially Designated Nationals.”
Shakepay Launches its Bitcoin Rewards Card to Canadians
- 2 years 1 month ago
- Bitcoins
Shakepay, a leading Canadian bitcoin technology company enabling customers to easily buy and earn bitcoin through financial applications, today announces the availability of its Shakepay
Medius Partners With Nomentia to Extend Global Payment and Cash Management Capabilities
- 2 years 1 month ago
- Cash management, Payments
AP Automation and Spend Management Provider partners with payments specialist to simplify and automate payments Medius, a leading provider of AP Automation and wider spend management solutions, today announced that it has entered into a strategic partnership with Nomentia, a leading name in cash and treasury management.
Soldo Launches Google Pay for Customers in the UK and Italy
- 2 years 1 month ago
- Payments
Soldo physical and virtual cards now supports Google Pay in the UK and Italy Soldo, the leading European pay and spend automation platform, today launched Google Pay for customers in the UK and Italy.
UK E-commerce Market Projected to Exceed £260 Billion by 2025, Worldpay from FIS Study Finds
- 2 years 1 month ago
- E-Commerce, Payments
Study shows the UK e-commerce market has grown by over £40 billion in the last four years. By 2025 digital wallets are projected to account for over £90 billion of the UK e-commerce market.
Barclaycard Payments Enhances Precisionpay Go virtual Visa cards with Apple Pay for Secure and Seamless in-store and Online Payments
- 2 years 1 month ago
- Payments
Precisionpay Go virtual Visa cards enable employees to make face-to-face and online payments with Apple Pay The Precisionpay Go app for iPhone and iPad is now available for use outside the United Kingdom, allowing employees to pay in Pound Sterling, Euro, and US Dollar The virtual card solution brings convenience, flexibility and speed to hybrid workforces, and will give businesses increased control and visibility of employee spending
finnCap Cavendish Advises on the Sale of Boku’s Identity Division to Twilio Inc
- 2 years 1 month ago
- Payments
finnCap Cavendish, part of financial advisory firm, finnCap Group plc, is pleased to announce it has advised on the sale of Boku’s Identity division, a wholly-owned subsidiary of Boku Inc, leading mobile payment solutions provider and one of AIM’s largest technology companies, to Twilio, a leading US-based cloud communications platform.
nSure.ai’s Real-time Fraud Prevention Intelligence Platform Raises $18M Series A to Revolutionize Business in the Virtual Economy
- 2 years 1 month ago
- Fundraising News, Cryptocurrencies, Fraud Detection
Online retailers of FinTech products, cryptocurrencies, NFTs, games, and others sacrifice 30% of sales due to fraud suspicions. nSure.ai’s real-time fraud protection intelligence reduces decline rates by 90%, using merchant-specific data to approve up to 98% of transactions.
TIS Shares Best Practices and Enables Compliance Capabilities for Customers Impacted by Russian Sanctions
- 2 years 1 month ago
- Payments
Recent sanctions against Russia's banking and political community necessitate thorough screening of all cross-border financial transactions by international businesses TIS, a global leader in enterprise B2B payments, today announced a new initiative to help international businesses mitigate the impact of recent sanctions levied against Russia's banking community and political elite.
Utah Jazz Announce Partnership with CoinZoom to Become Official Cryptocurrency Platform and NFT Marketplace
- 2 years 1 month ago
- Cryptocurrencies
The Utah Jazz and CoinZoom, a U.S. based cryptocurrency exchange and leading fintech company, today announced a partnership naming CoinZoom as the Official Cryptocurrency platform and NFT Marketplace for the Utah Jazz. With CoinZoom as the exclusive provider, the Jazz will list all its NFTs on the CoinZoom NFT marketplace.
Finaro Announces Its Acquisition by the American Leader in Commerce-enabling Technology – Shift4 - in a Deal Valued at $575 Million USD
- 2 years 1 month ago
- Payments
Joining forces with Shift 4 allows both companies to expand their services and provide global merchants a complete offering and a multi-dimensional processing experience unlike any other.
Winklevoss Twins and Global Decacorn Invest in US$29M Series A of Singapore-based FinTech Volopay as it Prepares APAC and MENA Expansion
- 2 years 1 month ago
- Payments
- The enterprise FinOps platform has taken on a strategic investment from global blue-chip investors to drive continued expansion and technology innovation - The Series A funding round comprised participation from JAM Fund, Winklevoss Capital Management, Accial Capital, Rapyd Ventures, Jeffrey Cruttenden - CEO of Acorns along with Access Ventures, Antler Global, and VentureSouq - Volopay plans to strengthen its footprint in APAC and MENA with a... more
