BofA’s CashPro® App Surpasses $500 Billion in Payment Approvals
- 1 year 7 months ago
- Payments
Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. Corporate payment approvals completed via the CashPro App surpassed a record $500 billion as of the middle of this year – up nearly 40% compared to the middle of last year – and are on pace to reach a trillion dollars by the end of 2024. CashPro app video
SWIVEL Announces Unique Apple Pay® Integration Capability to Improve Loan Payment Performance for Community Financial Institutions
- 1 year 7 months ago
- Payments
SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced today its integration with Apple Pay® that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet.
Paysafe Partners With Alchemy Pay to Expand Its Customers’ Payment Options
- 1 year 7 months ago
- Payments
Paysafe, a global payments platform, today announced a new partnership with Alchemy Pay, a leading fiat-crypto payment solution provider.
$11.6B in Business Capital Could Be Freed by Stablecoins, Says New Report by Cebr and BVNK on 10th Anniversary of Stablecoins
- 1 year 7 months ago
- Cryptocurrencies
BVNK, the B2B payments provider and Cebr, the Centre for Economics and Business Research, have published a new analysis on the economic impact of stablecoins, on the 10th anniversary of the first stablecoin launching. As the stablecoin market cap reaches $160bn, the new report demonstrates for the first time the quantitative link between increasing stablecoin use and economic impact. Economic impact of stablecoins revealed
Weavr Secures E-Money Licence to Transform Embedded Finance for B2B SaaS Across Europe
- 1 year 7 months ago
- Payments
Today, Weavr announces that it has acquired a European e-money licence. The licence is significant for both Weavr and the embedded finance industry as it aids the expanded adoption of embedded finance by B2B SaaS businesses.
PayU GPO appoints Simona Covaliu as Chief Risk Officer
- 1 year 7 months ago
- Payments
PayU GPO, the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer. Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.
FAB and Visa Collaborate to Enhance Cross-Border Payments with Visa B2B Connect
- 1 year 7 months ago
- Payments
Visa, the global leader in digital payments, has announced a key partnership with First Abu Dhabi Bank, the largest bank in the UAE, to extend the Visa B2B Connect network in the region. The collaboration is set to enhance corporate cross-border payments, allowing businesses in the UAE to perform secure and efficient global transactions.
Travel Debit Card Currensea Users to Save Over £1 Million in Foreign Exchange (FX) Fees This Summer
- 1 year 7 months ago
- Payments
Travel debit card Currensea forecasts that its money-saving solution will save holidaymakers £1.3 million in foreign exchange (FX) fees this summer. Securing value for money remains a top priority for holidaymakers this summer, with 79% of people believing it is more important than ever to get a good exchange rate. However, three-quarters (74%) of travellers believe bank charges for spending abroad are too high.
END. Clothing Chooses Adyen to Transform Its Global Payments Operations
- 1 year 7 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announces its partnership with fashion retailer END. Clothing.
STICPAY Launches Forex Cashback Service
- 1 year 7 months ago
- E-Wallets
STICPAY, a leading global e-wallet service provider and payment gateway, today announces STIC Cashback, a new cashback service aimed at benefitting customers who trade with Forex and CFD brokers.
TerraPay Enables Financial Institutions to Send International Account-to-Wallet Payments Using Swift
- 1 year 7 months ago
- Payments
TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers.
Travel Payments Take Flight as Brits Search for Summer Sun
- 1 year 7 months ago
- Payments
As the UK experiences its coldest summer in 24 years, with forecasters predicting a European Monsoon on the horizon, travellers are on the move in record numbers and projected to spend a record €800 billion in Europe this year.
ACI Worldwide Extends Strategic Partnership With Worldpay
- 1 year 7 months ago
- Payments
ACI Worldwide, a globa
XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America
- 1 year 7 months ago
- Payments
XTransfer, China's top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.
Toqio and Visa Partner to Offer Payment Solutions to Non-Financial Firms
- 1 year 7 months ago
- Payments
Toqio, a leading SaaS financial orchestration platform for businesses, has partnered with Visa, a leading global digital payments company, to provide payment solutions to businesses that by their nature do not offer financial services. The objective is for these corporations to improve their value proposition to their distribution networks by providing them with access to greater liquidity.
