ACI Worldwide Survey Shows Nearly 40% of Taxpayers Will Use Refunds for Debt Relief
- 1 month 4 weeks ago
- Payments
A new income tax survey from ACI Worldwide , an original innovator in global payments technology, developed in partnership with YouGov, shows that nearly 40% of taxpayers would use their tax refund to pay debt (e.g., credit cards, loans, etc.), suggesting that the inflationary economy is eroding disposable income as Americans turn to tax refunds for debt relief. The survey also reveals that 44% of respondents chose to save their tax refunds,... more
Bitso Business Launches Euro Ramps to Connect Latin America and Europe Through SEPA and Stablecoins
- 1 month 4 weeks ago
- Cryptocurrencies
Bitso Business —the B2B arm of Bitso that provides the infrastructure for efficient and transparent cross-border payments— announces the launch of Euro Ramps: a transfers solution that allows businesses to make and receive payments across 39 countries through SEPA (Single Euro Payments Area). The new European corridor adds to the five markets where Bitso Business already offers regulated connection to local payments systems: US, Mexico,... more
Absa Collaborates with UnionPay International to Expand Contactless Payments in South Africa
- 2 months 6 hours ago
- Payments
Absa, in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa, thereby strengthening its commitment to offering a seamless and secure payments experience. The collaboration ensures that customers with UnionPay cards can enjoy an even faster and more convenient checkout experience at thousands of retail stores nationwide.
Neonomics and Ovoro Partner to Enhance Crypto Investor Payments with Nello Pay
- 2 months 6 hours ago
- Cryptocurrencies
Neonomics, a leading open banking provider has partnered with Ovoro, a pioneering Finnish fintech, to integrate Nello Pay, Neonomics’ seamless open banking payments solution, into Ovoro’s crypto platform. This collaboration is set to redefine how users across the Nordics buy and sell crypto, making transactions faster, safer, and more cost-effective for investors.
SEI and Ctrl Alt to Explore Tokenisation in Bank of England's Sandbox
- 2 months 9 hours ago
- Cryptocurrencies
SEI® today announced that SEI Investments (Europe) Limited (SIEL) will partner with Ctrl Alt, a leading tokenisation platform, and participate in the Bank of England’s Digital Securities Sandbox (DSS). The DSS aims to facilitate innovation in market infrastructure and protect financial stability and market integrity by evaluating blockchain and distributed ledger technology in a non-live environment.
DECTA Launches Fintech Fast Track Program to Accelerate Card Issuing and Payment Acceptance for Emerging Fintechs
- 2 months 9 hours ago
- Payments
DECTA, a leading provider of technical payment solutions, is excited to announce the launch of the DECTA Fintech Fast Track—a program designed to fast-track the journey of innovative fintech companies entering the card issuing and payment acquiring industry.
Klarna Plus Marks First Year in the US, Signaling Growing Momentum in Subscription Services
- 2 months 10 hours ago
- Payments
Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly 35,000 signups a month in the US since its launch in January 2024.
RedCompass Labs Unveils the World’s Most Comprehensive Payments Modernization AI
- 2 months 10 hours ago
- Payments
RedCompass Labs, the global experts in payments modernization, has today unveiled the world’s most comprehensive payments modernization-specific AI solution, AnalystAccelerator v2.5. Trained on the largest collection of payments rulebooks and scheme documents in the world and fine-tuned on decades of knowledge from leading payments experts, AnalystAccelerator 2.5 delivers cutting-edge applied AI models to help banks accelerate payments... more
Checkout.com Gears Up to Become the First Global Digital PSP to Launch Card Issuing in the UAE
- 2 months 13 hours ago
- Payments
Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region.
Payoneer Completes Acquisition of Licensed China-Based Payment Service Provider
- 2 months 13 hours ago
- Payments
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced it has completed its previously announced acquisition of a licensed China-based payment service provider, Easylink Payment Co., Ltd.
Weavr Integrates B4B Payments, Boosting European Payment Flexibility
- 2 months 13 hours ago
- Payments
Embedded finance specialist Weavr expands its capabilities by integrating B4B Payments, the globally recognised provider of card issuing and integrated payment services, into its embeddable financial solutions platform. The partnership marks a significant step in Weavr’s evolution into a multi-financial institution provider model, reinforcing its leadership in embedded finance and enhancing the choice and flexibility offered to customers.
“Signed, Streamed, Subscribed”: Cleeng and Primer Streamline Subscription Payments for D2C
- 2 months 1 day ago
- Payments
Primer, the unified infrastructure for global payments, has partnered with Cleeng, the leading subscriber retention management platform, to optimize payments and reduce churn for millions of subscribers worldwide.
Nets and BluOr Bank Announce Issuing & Processing Agreement
- 2 months 1 day ago
- Payments
Nets, part of the European PayTech, Nexi Group, today announces an agreement with BluOr Bank, one of Latvia’s leading banks for business and entrepreneurs in the Baltic region. BluOr Bank will leverage Nets’ payment card issuing services, offering an enhanced customer banking experience.
Powering the Future of Payments: Paymentology Unveils Report and Podcast for Next-Gen Card Issuers
- 2 months 1 day ago
- Payments
Paymentology, the leading global issuer processor, has today published a new report designed to support financial institutions and fintechs in selecting the ideal next-generation issuing platform. Titled “Selecting a Next-Generation Issuing Platform: What to Consider”, the report outlines key considerations for building reliable, scalable, and innovative payment solutions in today’s digital-first world.
Unipaas and Mastercard Join Forces to Boost Card Acceptance for SMEs via Vertical SaaS
- 2 months 2 days ago
- Payments
Unipaas, the go-to embedded payments provider for SaaS platforms, has announced it is partnering with Mastercard to increase card acceptance for SMEs using vertical SaaS platforms where payments are still predominantly manual and offline. This collaboration aims to digitise and streamline transactions for software platforms’ SME users in underserved industries, where card usage has historically lagged behind.
