Payoneer to acquire open payment orchestration platform optile
- 6 years 1 month ago
- Payments
Payoneer, the digital payment platform empowering businesses around the world to grow globally, has announced it has agreed to acquire optile, a Munich-based tech company that streamlines payment acceptance processes for merchants worldwide. Founded in 2010, optile’s open payment ecosystem puts merchants in control of their business with the flexibility to add payment options and partners as their needs evolve, boosting conversion and improving... more
Nuvei raises US$270 million at US$2 billion valuation
- 6 years 1 month ago
- Payments
Nuvei, a leading global payment technology provider, announced today it has completed a US$270 million (CA$358 million) common equity financing, valuing the company at US$2 billion (CA$2.65 billion). The investment comes primarily from Nuvei’s existing shareholders: leading Canadian private equity firm Novacap, supported by some of its key limited partners, and Caisse de dépôt et placement du Québec (CDPQ), one of the largest Canadian... more
Mastercard Brings Digital Identity to Real World Tests
- 6 years 1 month ago
- Digital Identity, Payments
Mastercard today marked the first tests of a new digital service that has the potential to verify a person’s identity immediately, safely and securely in both the digital and the physical world. The initial in-market pilot will take place in Australia through two separate efforts with Australia Post and Deakin University.
The future of money is being rewritten in Asia
- 6 years 1 month ago
- Payments, Banking, FinTech StartUps, IT Innovations
Disruptions that began with technological and business model innovations in other places are expressed in new ways in Asia. In banking, payments and retail, Asia is leading the wave of disruption. In each case, these changing models, as well as unique situations, are enabling consumer choice, shifting profit margins and creating new opportunities. Technology
FPL Technologies ties up with Visa to launch mobile-first credit card for millennials
- 6 years 1 month ago
- Payments
FPL Technologies, a fintech startup focused on re-imagining credit and payments in India today announced its partnership with Visa to launch a mobile-first credit card in India. FPL will issue credit cards in partnership with banks and leverage Visa’s brand, technology and global acceptance footprint to make its credit card available for a wide range of use cases. The company recently raised US $4.5M from Matrix Partners, Sequoia Capital and... more
Visa and MFS Africa Bring Digital Payments to More Consumers and Businesses across Africa
- 6 years 1 month ago
- Payments
Visa (NYSE: V) and the pan-African fintech leader MFS Africa today announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments, significantly expanding Visa’s reach and its ability to open up ecommerce to the region.
Ingenico reveals: How European merchants performed during the week-long Black Friday sales
- 6 years 1 month ago
- Payments
Ingenico Group, the global leader in seamless payment, saw a significant increase in online transactions throughout Europe as a result of this year’s Black Friday shopping period – sales came from a range of industries, not just the retail sector. 2019 ONLINE TRANSACTION DATA
Flywire and iSAMS Integrate to Provide Seamless Cross-Border Tuition Payments
- 6 years 1 month ago
- Payments
Flywire, a provider of vertical payment and receivables solutions for businesses and institutions, today announced a new integration partnership with iSAMS, a 100% web-based school management and integrated accounting solution.
FSS and AFS Partner to Promote Digital Payments in the Middle East
- 6 years 1 month ago
- Payments
FSS (Financial Software and Systems), a global payments products and solutions provider and payment processor, and Arab Financial Services (AFS), the leading payment solutions provider and FinTech enabler in the Middle East and Africa, have entered into an agreement to bring omni-channel payment acceptance solutions to banks in the region. The partnership combines FSS’ technology expertise in acquiring and payments, with AFS’ payments processing... more
Currencies Direct Appoints Pedro Batista as Chief Payments Officer
- 6 years 1 month ago
- Payments, People Moves
Currencies Direct, the leading international payments provider, has appointed Pedro Batista as Chief Payments Officer. The newly created role will see Batista lead the organisation’s payments strategy – managing extensive banking relationships and the delivery of innovative payment solutions to enhance Currencies Direct’s product range and deliver a cutting-edge service to its clients.
Telleroo streamlines payments for accountancy firms with Moorwand
- 6 years 1 month ago
- Payments
Moorwand, a dedicated BIN Sponsor that turns compliance into a competitive advantage, today announced that it has been selected by Telleroo, a payments company focused on the accounting sector, for its e-money issuing and digital banking capabilities.
Visa selects GPS as strategic partner for Asia Pacific Fintech Fast Track Programme
- 6 years 1 month ago
- Payments
Global Processing Services (GPS), today announced it has entered a strategic partnership with Visa, the global leader in payments technology. The UK-based PayTech Pioneer™ will become a preferred issuer processor for Visa’s Fintech FastTrack Programme in Asia Pacific, with the goal to accelerate fintech innovation in the region and champion the success of local businesses.
Mastercard and Doconomy Extend Collaboration to Deliver a More Sustainable Future
- 6 years 1 month ago
- Payments
Doconomy and Mastercard today extended their joint effort to combat climate change. Moving beyond previously announced programs, this new arrangement brings the ability for any Mastercard issuer to offer their cardholder the ability to track and understand their carbon footprint based on purchases made. Today, the first bank in the U.S. and Nordea in the Nordics announced they will join The Bank of Åland in enabling clients to track and measure... more
Paysend secures money services business license in Canada
- 6 years 1 month ago
- Payments
Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its worldwide footprint for its global money transfers service. Paysend will launch the service to Canadian consumers early in 2020. Obtaining the money service business (MSB) license in Canada is Paysend’s first step in establishing its presence in North America. The license allows Paysend to offer its signature Global Transfers service in Canada.
GoCardless Chooses Accuity Payments Data to Accelerate Growth into US Market
- 6 years 1 month ago
- Payments
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, today announced that GoCardless, the leading global fintech for recurring payments, is using the Bankers Almanac Payments Data solution from Accuity to create a frictionless customer journey for businesses to collect payments in the world’s largest market.
