Embedded Finance Key to SME Recovery and Rebuilding Economy
iwoca data shows how embedded finance leads to speedier and more successful loan applications for small businesses Half of applications through embedded finance partners receive a decision within two minutes, and are 58% more likely to be successful than direct applications Nearly 30% of all loan applications to iwoca now come through embedded finance partners
PayNearby Partners with Visa and RBL Bank to Launch SoftPoS and mPOS
- 5 years 1 month ago
- Payments, Money Transfers, Banking
Aims to democratize digital payments and reduce cash transactions at the last mile by offering an all-inclusive payment acceptance infrastructure at retail touch points • Transform everyday smartphones into merchant terminals (SoftPoS) at no additional cost • Enable 2-in-1 Micro ATM devices, that double up as payment acceptance (mPOS) and cash withdrawal at very affordable pricing
Paya Holdings Inc. Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants
- 5 years 1 month ago
- Payments
Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”) today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding public warrants and private placement warrants (collectively, the “warrants”) to purchase shares of common stock, par value $0.001 per share (“Common Stock”), of the Company.
National Garden Scheme Leads the Digitalisation of Charity, in Partnership with SumUp
- 5 years 1 month ago
- Payments
The National Garden Scheme (www.ngs.org.uk) continued to lead the digitalisation of charity at Chilworth Manor in Surrey on 11th August, at an event supported by Dame Mary Berry, President of the National Garden Scheme, in partnership with London-based fintech SumUp (www.sumup.co.uk).
Security-print Innovators Roll Out Emergency Cash Service for Councils to Support Vulnerable People
- 5 years 1 month ago
- Payments
A new digital cash service offering fast-tracked payments for emergency use is being pioneered for local councils and charities through The Post Office. The digital concept has been developed by Eastbourne-based security-print company Zunoma. It provides cash relief to people facing financial hardship without the need for a bank account. Currently, eight councils across the country use the Payout NOW! service.
Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination
- 5 years 1 month ago
- Management, Payments
Payoneer to begin trading today under ticker symbol PAYO Payoneer Inc., the commerce technology company powering payments and growth for the new global economy, and FTAC Olympus Acquisition Corp., a special purpose acquisition company, announced on Friday that they have completed their business combination. The business combination was approved by FTOC’s shareholders at an extraordinary general meeting held on June 23, 2021..
Triodos Bank UK Selects SurePay’s Confirmation of Payee Solution to Help Prevent Fraud and Misdirected Online Payments
- 5 years 1 month ago
- Payments
After launching in the UK in 2020, SurePay’s Confirmation of Payee (CoP) solution is now checking over 30 percent of all online payments in the British market SurePay, the leading Confirmation of Payee provider, has announced that Triodos Bank UK, one of the leading players in ethical sustainable banking, will implement its full-service Confirmation of Payee solution.
Free Spirited Aussie Angel Investor Pioneers Fintech Innovation
- 5 years 1 month ago
- Payments, FinTech StartUps
Phillip McGriskin has an impressive portfolio of fintech successes, including TransferWise, SuperAwesome and YOTI. His latest venture, Vitesse, was listed in the Deloitte 50 Fastest Growing Tech Companies 2019, contracting over 60% of the London insurance market.
TEMPO Payments, Velo Labs, and Bitazza Open up a $17Bn Remittance Corridor Between Europe and Thailand with the Stellar Blockchain
- 5 years 1 month ago
- Blockchain, Payments
Tempo France (operating brands: TEMPO Money Transfer, TEMPO Payments), Velo Labs, and Bitazza Thailand have opened up a remittance corridor between 27 countries in the EU region and Thailand.
Klarna Launches Eperiential Consumer Activation in Manchester to Educate Consumers on UK Social Media Advertising Guidelines
Launch aims to raise awareness amongst influencers and consumers on advertising rules as Klarna data uncovers that 46%* of consumers don’t know that #ad means that an influencer has been paid to promote a product or service
KOHO Launches Instant Pay Ushering in a New Era of Payroll Infrastructure
- 5 years 1 month ago
- Payments, Infrastructure
KOHO is making everyday a pay day for individuals all over the country. Furthering their commitment to equip all Canadians with control over their finances, the Toronto based Fintech has launched Instant Pay with select partners and users.
Bottomline Launches Real-time Watchlist Screening
- 5 years 1 month ago
- Management, Payments
Screens originator, beneficiary and counter-party transactions against official international sanctions lists
BlytzPay and Auto Master Systems Announce Partnership
- 5 years 1 month ago
- Management, Payments
Integration of complementary technologies to boost collection process for auto dealers and bill pay experience for consumers
PCI Pal® Signed-up to Reduce Payment Security Risk for Essex County Council
PCI Pal, the global provider of cloud-based secure payment solutions, has today confirmed that it has been selected by Essex County Council, to manage the security of the organisation’s telephone-based payment transactions by reducing the need for any sensitive payment card information to be entered from within the Council’s IT infrastructure.
Сhargebacks911, the First Global Dispute Remediation Company, Celebrates its 10-year Anniversary
- 5 years 1 month ago
- Transaction Banking, Payments
Over 10 years, Chargebacks911 has protected over 10 billion transactions and recovered over $1 billion in falsely disputed and/or stolen revenue to-date Grown from working with just 12 merchants to over 45,000 Expanded its connection hub in both scale and scope, growing from 5 to over 500 data integrations Launched its new brand Fi911, to include end-to-end chargeback lifecycle management for financial institutions and payment facilitators
