Checkout.com triples valuation to $5.5bn in Series B fundraise
- 6 years 3 months ago
- Payments
Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5bn valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s online transaction numbers had already increased by... more
Ripple announces PayID and Open Payments Coalition
- 6 years 3 months ago
- Payments
Today, leading technology, finance and nonprofit companies join forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving money globally – across any payment network and any currency. GoPay, Ripple, Blockchain.com, BitPay, Brave, Flutterwave, Mercy Corps and others have collaborated on the development of PayID through the Open Payments Coalition, a multinational alliance of industry leaders.
Worldpay from FIS Enables Instant Payments from Your Bank Account through Open Banking Hub
- 6 years 3 months ago
- Open Banking, Payments
FIS® (NYSE: FIS), a global leader in merchant and financial services technology, today announced Open Banking Hub, an innovative new payment solution for its Worldpay merchant clients and their consumers. Merchants who enable this digital bank account payment method in their online stores can allow their consumers to pay for purchases directly from their bank account, while also allowing consumers to view their bank account balance in real time... more
Money Dashboard Chooses Token For Payments Capability
- 6 years 3 months ago
- Open Banking, Payments
Leading open banking infrastructure provider, Token.io, and the award-winning personal finance management tool, Money Dashboard, today announce that Token PayTM has been integrated into the new Money Dashboard app to power a range of smart open banking payment services for users. The integration enables thousands of UK consumers to initiate instant, low cost account-to-account (A2A) transfers from within the app.
Bottomline 2020 Business Payments Barometer reveals: businesses incur greater losses year-on-year due to payment fraud
- 6 years 3 months ago
- Payments, Fraud Detection
Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that 58% of financial decision makers in businesses surveyed across Great Britain view financial loss due to payment fraud as ‘part and parcel of running their business.’ Of those surveyed, 81% were unable to recover more than half of their losses caused by fraud, a figure which rises to 88% for small... more
Mastercard Powers Faster, Seamless Online Shopping Experiences for Amazon Customers
- 6 years 3 months ago
- E-Commerce, Payments, Data
More and more consumers are going online to purchase everything from groceries and food delivery to home improvement goods, apparel and entertainment; as they do, merchants are focused on providing an increasingly seamless experience. Today, Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical... more
Nuapay and Felloh! team up to slash the cost of processing charitable donations by 50%
- 6 years 3 months ago
- Open Banking, Payments
Today, open banking pioneer Nuapay, a Sentential company, announces its partnership with Felloh!, UK-based startup with a mission to transfer £1bn in reduced payment processing costs to donations for charities and social enterprises. The partnership enables social enterprise Felloh! to premier its open banking payments button.
BPC joins Visa’s Fintech Fast Track Program
BPC today announced that it has joined Visa’s Fintech Fast Track Program, which makes it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new payment experiences. This strategic initiative is a response to the surge in demand among fintech players to enhance their product propositions, expanding beyond their core businesses.
Banco Safra Launches in the U.S. with ACI Worldwide’s Cloud-Enabled Payments Solutions
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Banco Safra, the world’s largest privately-owned bank, will utilize ACI’s UP Retail Payments solution and UP Framework deployed in the public cloud via Microsoft Azure
Klarna ranks #5 on 2020 CNBC Disruptor 50 List
- 6 years 3 months ago
- Payments
Klarna, the leading global payments provider and shopping service, announced that it has been ranked fifth on the 2020 CNBC Disruptor 50 List. This is the third time CNBC has recognized Klarna as one of the most innovative companies in the world. About a third of all companies selected as Disruptors have achieved the distinction of being selected for the list more than once.
Apple Pay integrated with WL Payments to serve Merchants across the World
- 6 years 3 months ago
- Payments
WL Payments, the trusted white-labelled global payments platform that consolidates multiple features like transaction routing and reconciliation, brings its customers Apple Pay. Apple Pay is now part of WL Payments Hosted Payment Page, which provides one-click integration for online merchants using a WL Payments partner as their payments provider. With Apple Pay on iPhone, Apple Watch, iPad, and Mac, customers can make fast and convenient... more
FIME expands testing & consultancy offering with the acquisition of CETECOM Payment activities in the U.S.
Payments testing and consultancy expert, FIME has announced its acquisition of CETECOM U.S.’s payment activities. FIME’s expanded expertise and services will enable the U.S. payment ecosystem to define, design, deliver and test innovative, secure and digital payments products.
OpenWay’s Digital Tipping Solution Helps Acquirers Target the Service Sector
- 6 years 3 months ago
- Payments
According to recent statistics by Visa, 80% of payments in restaurants are made with a card. Most of the time guests do not have cash on them to tip, and if the venue does not offer any option for cashless tipping, waitstaff are left without tips, which may represent for them a significant loss of income. Restaurants have an additional incentive to make tips cashless – they can keep track of how much their staff receives in tips.
Equiniti to provide enhanced KYC service for the invoice finance industry
- 6 years 3 months ago
- Payments
Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide an enhanced Know-Your-Customer (“KYC”) service for asset based and invoice finance lenders. This new solution builds on Equiniti’s experience in both serving invoice finance lenders and delivering its unique proposition as an end-to-end KYC provider.
UniCredit strengthens digital working capital offering with Taulia partnership
- 6 years 3 months ago
- Supply Chain Finance, Payments
UniCredit has announced its collaboration with Taulia, a San-Francisco-based fintech that provides innovative, digital supply chain solutions for buyers and suppliers, including supply chain finance, cash forecasting, electronic invoicing, and dynamic discounting.
