Payments

Klarna announces $460M equity raise to further support massive US growth

Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, is pleased to announce it has raised $460 million in an equity funding round, at a post money valuation of $5.5 billion. This new valuation ranks Klarna as the largest private fintech in Europe and as one of the largest private fintechs globally. Read more »

CEX.IO Has Expanded Operations to 31 States and the District of Columbia

Since the launch of the US office of CEX.IO Corp on July 4, CEX.IO’s regulatory compliance team has been tirelessly working with regulators to pass all required checks and audits and receive MTLs in new states.  Read more »

Mastercard Furthers Resources For Small Business Owners with Salesforce Essentials

Small businesses are often powered by passionate teams behind the scenes, and in today’s digital world, having savvy technology resources can help them achieve their goals. Salesforce joins Intuit in the U.S. Mastercard small business program, as additional world-class partners delivering critical solutions to the small business space. Read more »

Meet The Michael Jordan of Algorithmic Cryptocurrency Trading

Digital assets like bitcoin have exponentially outperformed competing asset classes such as the s&p500, nasdaq, gold & oil. The value of bitcoin has been rapidly increasing year after year due to a fixed supply (only 21M BTC will ever exist) and growing demand factor. Read more »

Klarna and ASOS Expand Global Payments Partnership into the US

Always on trend global fashion destination, ASOS, and leading alternative payments provider, Klarna, take on the US. With the original UK partnership kicking off in 2016, ASOS and Klarna now extend their reach to the US market to offer flexible payment options to savvy shoppers. Global online fashion retailer, ASOS, sells over 850 brands as well as its own range of ASOS Design clothing and accessories, giving their consumers and audience the... more Read more »

Doosan-Babcock Signs with Swipe2B to Digitize its Supplier Payments

Swipe2B the world leader in B2B payment solutions, today announced that its BatchPay solution has been chosen by construction and engineering conglomerate Doosan-Babcock to streamline and automate its Accounts Payable (AP) and supplier payments processes.  Read more »

ISOLAS advises first exchange in Latin America to obtain DLT License

Leading blockchain law firm, ISOLAS LLP, has continued to expand its global reach, assisting Bitso, the first exchange in Latin America to receive its full license as a Distributed Ledger Technology (DLT) Provider in Gibraltar.  The purpose-built DLT framework that applies to Bitso will nowensure that the custody, withdrawals, and trading of cryptocurrencies, available on the exchange’s platform, will operate within a regulated environment.  Read more »

Walmart cryptocurrency no competition to Bitcoin, says CoinCorner

CoinCorner’s CEO, Danny Scott, commented: “It has been announced that Walmart has filed a patent for its own cryptocurrency - a USD-pegged stablecoin. “Following the announcement of Facebook’s Libra in June, this news was certainly not unexpected - in fact, we expect to see more FAANG companies filing patents for their own cryptocurrencies in the coming months. Read more »

PSD2: Biometrics by Computop Allows Merchants to Takeover Two Factor Authentication from Banks

Computop, the global payment processor, today announced Biometrics by Computop, its new PSD2 compliant biometric authentication service for online merchants and banks. With Biometrics by Computop, merchants can take over the strong customer authentication (SCA) in order to avoid banks having to run their own two factor authentication during the payment process. Read more »

Wirecard and Sisal Group – through SisalPay – enter strategic cooperation to drive digital payments in Italy

Wirecard, the global innovation leader for digital financial technology, and Sisal Group, through its brand SisalPay, have signed an agreement to partner in the field of digital payments. Read more »

Former CEO of Nomad Payments joins Paymentology as Chairman

Paymentology has announced that industry doyen John Yeomans, will join as the Company’s new chairman. Yeomans’ appointment is a positive strategic step in Paymentology's continued rise to being recognised as a true challenger on the global stage of Issuer Payments Processing. Associated with the financial services software and payments solutions sector for over thirty years, Yeomans has been instrumental in commercialising several fintech and... more Read more »

Strategic Alliance Between Nets and Przelewy24 Creates One of the Largest Online Payment Service Providers in Poland

The strategic alliance between Nets, a market leader in the Nordic and DACH payments industries, and Przelewy24, a leading Polish online payment service provider, is now a reality as all regulatory authorities have given their approval. The new joint Polish group under the holding company “P24 DotCard” includes Przelewy24 and Dotpay/eCard, which were recently acquired by Nets. P24 DotCard is one of the largest online payment service providers in... more Read more »

moneycorp acquires the Rochford Group in Australia

moneycorp announces it has acquired the Rochford Group, one of Australia’s largest independent treasury advisors. The purchase is moneycorp’s second major international acquisition of 2019, after the completion of its deal for Brazil's Novo Mundo.  Rochford, based in Sydney, also has a representative office in Hong Kong that will further extend moneycorp’s presence in both Australia and Hong Kong, as well as adding a range of new products for... more Read more »

Western Union and TD Expand Money Transfer from Canada to the World

Western Union, a leader in global payment services, and TD, one of Can Read more »

Nuvei acquires SafeCharge for US $889 million

Nuvei, a Montreal-based payment technology firm and leading provider of global payment solutions, today announced that it has completed its acquisition of SafeCharge International Group Limited. The acquisition creates a global, leading payment solutions provider with significant scale, able to service clients of any size across the world. Montreal, Quebec, will become the worldwide headquarters for the combined organization. Read more »

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