Abillio Becomes DAC7-compliant Payments Provider for Online Internship Marketplace Vaqat
- 1 week 2 days ago
- Payments
Vaqat has chosen Abillio's API-based payment infrastructure to streamline student onboarding, tax compliance, and payouts, combined with DAC7 reporting. Launched in 2022, Vaqat is a marketplace where companies can outsource short intern-like tasks to students from 70 countries and future employers can use such projects as a talent assessment tool.
Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing
- 1 week 2 days ago
- Payments
Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., today announced the launch of the Rapid Access Mastercard.
Fintech Deblock Chooses Numeral to Manage SEPA Payments Like a Bank
- 1 week 2 days ago
- Payments
Deblock, the first current account that accepts both euros and cryptocurrencies, has chosen Numeral, the payment technology provider, to manage its SEPA payments. This collaboration allows Deblock to operate as a SEPA participant right from the launch of its product, thereby offering IBANs in its name to its clients.
Nium Approved as a Registered Financial Service Provider in New Zealand
- 1 week 2 days ago
- Payments
Nium, the global leader in real-time, cross-border payments, today announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium's entry into the dynamic financial landscape of New Zealand and reinforces its commitment to delivering innovative financial solutions globally.
Celeris and PXP Financial Forge Strategic Integration to Elevate Merchant Payment Solutions
- 1 week 2 days ago
- Payments
Celeris, a pioneering provider of dynamic payment solutions, is excited to unveil a strategic technical integration with PXP Financial, a globally renowned payment service provider recognised for its cutting-edge payment technologies. This partnership marks a significant leap forward in payment processing capabilities for businesses on a global scale.
Sopra Banking Software Introduces Instant Payments Solution to Power As Many As 1,500 Transactions Per Second for Banks and Financial Institutions
- 1 week 2 days ago
- Payments
Sopra Banking Software (SBS), the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, today announced the availability of its cloud-based Instant Payments solution. The technology enables banks and financial institutions to power secure instant payments for consumers anytime, anywhere.
UK Finance Announces New Regulated Liability Network Experimentation Phase
- 1 week 2 days ago
- Cryptocurrencies
UK Finance has today announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits.
Yuno Partnership Supercharges inDrive's Latin American Expansion
- 1 week 3 days ago
- Payments
inDrive, a global mobility and urban services platform, has successfully expanded into 10 countries in Latin America in less than eight months with payments orchestration support from Yuno. This new milestone is announced at Web Summit Rio 2024, which launches today, and is set to welcome both Yuno CEO Juan Pablo Ortega and inDrive CEO Arsen Tomsky as speakers.
HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO's AI-Powered Optimization
- 1 week 3 days ago
- Payments
Today at FICO® World, the industry's leading analytic and AI event, FICO announced that HSBC, one of the world’s largest banking and financial services organizations, has used AI-powered mathematical optimization technology to grow its credit card portfolio. The project saw a 15% uplift in monthly spending by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt.
Verituity Joins Forces with Mastercard to Accelerate Secure Domestic and Cross-Border Payouts
- 1 week 6 days ago
- Payments
Verituity, a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
- 1 week 6 days ago
- Money Transfers
Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries. This collaboration marks a significant milestone for cross-border financial transactions in Kenya.
Talus Pay Rebrands to Reflect Enhanced Fintech Offerings
- 2 weeks 7 hours ago
- Payments
Talus Pay rebrands, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, announced today that it will conduct business going forward using the master brand name Talus, as will its recent Clarus Merchant Services acquisition. Newly-acquired Jobox.ai will assume the Talus Pay sub-brand name as Talus’ flagship fintech offering.
Viva.com Partners with BANCOMAT, the Leading Payment Network in Italy
- 2 weeks 8 hours ago
- Payments
Viva.com, Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and BANCOMAT, the leading payment network in Italy, announced today their strategic partnership. A testament to its localised approach, Viva.com will now enable its Italian merchant network to accept PagoBANCOMAT ®, shortly followed by BANCOMAT Pay ®, the most popular payment methods for millions of Italian consumers. Future plans include... more
Surepay Joins Temenos Exchange to Expand Access to Verification of Payee and Confirmation of Payee
- 2 weeks 8 hours ago
- Payments
SurePay today announced that the SurePay solutions will be available via the cloud-based Temenos Exchange partner ecosystem. With impending regulatory changes from the UK Payment Systems Regulator (SD17) and EU legislation on Instant Payments, data and security (PSD3), it is imperative that financial institutions have Verification of Payee (EU) and Confirmation of Payee (UK) solutions in place.
Kyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOs
- 2 weeks 8 hours ago
- Payments
Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation. This AI product expansion complements existing AI capabilities for payment fraud detection and cash management optimization.