Barclays Calls for More Robust Regulation of All Buy-now-pay-later Products
- 4 years 7 months ago
- Payments
A quarter of BNPL users are concerned about their ability to repay their BNPL bills Over a third chose to pay with BNPL due to insufficient funds in their current or savings account Nearly a fifth of 18–34-year-old BNPL users have had their credit score impacted due to missed BNPL payments The average BNPL user is paying off £293 in BNPL loans, and almost half have had loans from different BNPL providers at the same time
Bizongo Concludes Maiden Buyback, Liquidates ESOP Worth $3.7 Million
- 4 years 7 months ago
- E-Commerce, Payments
~70% of all eligible former and current employees liquidated their ESOPs~ ~The soonicorn offered employees ESOP at different stages of their tenure with the company~ B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million. While 102 of Bizongo’s former and current employees were eligible for the buyback, only 70% of... more
PayRetailers Enters 2nd year of Successful Partnership With the CONMEBOL Sudamericana
- 4 years 7 months ago
- Payments, IT Innovations
In 2022 PayRetailers will continue as an Official Sponsor of CONMEBOL Sudamericana for the second consecutive year. The partnership reaffirms the innovative PSP platform’s presence in Latin America, consolidating its leadership in cross-border payment processing in the region. Solid infrastructure in Latin America
6 Out of 10 Credit Card Users Don’t Know How Much Interest They Are Paying
- 4 years 7 months ago
- Payments, Credit Cards
Not a single respondent was able to correctly calculate the full cost of a credit card purchase, including interest
Apple Empowers Businesses to Accept Contactless Payments Through Tap to Pay on iPhone
- 4 years 7 months ago
- Payments
Later this year, US merchants will be able to accept Apple Pay and other contactless payments simply by using iPhone and a partner-enabled iOS app
Vitesse PSP, Secures $26 Million in Series B Funding
- 4 years 7 months ago
- Fundraising News, Payments
UK headquartered fintech, Vitesse, secures $26 million in Series B funding to drive further digitisation of the insurance market Funding round led by Prime Ventures, with participation from Octopus Ventures and Hannover Digital Investments The new funding will enable Vitesse to tap into the growing digitisation of the insurance market in Europe and the US
EBANX Celebrates 10-year Anniversary with Nearly One Billion Total Payments Processed and More Than 100 Percent Growth in 2021
- 4 years 7 months ago
- Payments
The Brazilian unicorn has given more than 70 million Latin Americans access to global digital sites and services, and currently operates in 15 Latin American countries Today, February 10th, EBANX, the leading payments platform in Latin America, celebrates 10 years since its founding as it closes in on a major milestone of one billion payments processed across 15 countries.
Ekata Protects 2.5 Billion Digital Interactions Globally in 2021
- 4 years 7 months ago
- Payments
2021 was a transformative year for Ekata, capped by joining the Mastercard family to accelerate our shared goal of building trust in the digital economy. As consumers moved more of their lives online, online businesses grew to serve them. Over the course of the year, Ekata solutions protected billions of digital interactions from fraud and enabled better, faster and more trustworthy onboarding and transaction experiences for consumers and... more
‘A New Era for Money’: Green Paper outlines a digital future for the pound
- 4 years 7 months ago
- Payments
New paper advocates for closer public-private collaboration to advance exploration of a digital currency in the UK, before a real-world pilot of ‘digital pound’ (dSterling) New paper advocates for closer public-private collaboration to advance exploration of a digital currency in the UK, before a real-world pilot of ‘digital pound’ (dSterling)
Mastercard SpendingPulse: January U.S. Retail Sales Up 7.2%*, Marking Solid Start to 2022
- 4 years 7 months ago
- Payments
2022 kicked off with gains across nearly all retail sectors, according to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment. This January, U.S. retail sales excluding auto increased 7.2% year-over-year (YOY), with online sales growing 10.4% compared to January 2021.
SumUp to Use Worldpay From FIS to Support Global Expansion and Growth
- 4 years 7 months ago
- Payments
Worldpay from FIS selected by SumUp to provide global acquiring services. SumUp will utilise Worldpay’s scale to support continued global expansion. Financial technology leader FIS® has today announced that global fintech SumUp will use Worldpay’s merchant solutions portfolio, as the Europe-based fintech leader continues its global expansion.
Group Preliminary Financial Results as of December 31st 2021 Approved Strong Financial Performance and 2021 Ambition Delivered
- 4 years 7 months ago
- Payments
∙ Combined Nexi+Nets revenues at € 2,268.8 million in FY21, +10.0% Y/Y; € 618.1 million in 4Q21, +11.1% Y/Y ∙ Combined Nexi+Nets EBITDA at € 1,094.5 million in FY21, +12.1% Y/Y; € 319.7 million in 4Q21, +11.6% Y/Y. Continued EBITDA Margin expansion ∙ Continued volume growth in 4Q21 despite Omicron variant, driven by double‐digit growth in Italy compared to pre‐Covid levels. Positive growth in basic consumption across ... more
Itv Partners With Ecospend to Offer ‘pay-by-bank’ Services for Itv Win Competition
- New partnership signals new banking payment method adopted by ITV ITV has today announced that it is partnering with Ecospend, a leading UK provider of open banking technology, to offer customers the ability to ‘pay-by-bank’ for its ITV Win competitions, which feature on headline shows, such as I’m A Celebrity… Get Me Out Of Here!
Form3 Hires Ex-SWIFT Chief Executive for US Market Expansion
- 4 years 7 months ago
- Payments
Form3, the leading cloud-native payment technology provider, today announced that it has strengthened its Executive Management team to expand its geographical footprint and product offering in the US, to capture market opportunities in payment technology. Dave Scola joins as Chief Executive for the US to lead the company's expansion into the US market as Form3 builds out its product capability to include Real-Time Payments and Automated Clearing... more
Receivables Saas Platform Chaser Launches Sms Invoice Chasing to Help Users Reduce Late Payments
- 4 years 7 months ago
- e-Invoicing, Payments
Chaser, the global accounts receivables SaaS platform and credit control service provider, today released SMS invoice chasing functionality to allow users to send invoice payment reminders to their customers that are otherwise hard to reach by email.
