Mobile Wallets Continue to Grow in Popularity Among Younger People – But There Are Drawbacks, Says Chargebacks911
- 4 months 4 hours ago
- E-Wallets
Research from Chargebacks911, the leading chargeback technology platform, shows that people are increasingly using mobile wallets such as Apple Pay and Google Pay.
SumUp and Adyen Partner to Bring Faster Payouts to Millions of SMEs Globally
- 4 months 7 hours ago
- Payments
Adyen, the financial technology platform of choice for leading businesses, and SumUp, the global leader in financial technology for small merchants, have joined forces in a strategic partnership to offer a best-in-class payment experience and accelerated settlements for millions of small businesses worldwide.
Unlimit and Convera Partner to Simplify Tuition Payments for Students in Developing Countries
- 4 months 7 hours ago
- Payments
Unlimit, a leading global fintech company, has announced that it has partnered with Convera, the global commercial fintech that powers international business by moving money with ease, to empower their GlobalPay for Students platform and simplify tuition payments for students in emerging markets.
Monavate and Know Your Customer Collaborate to Reinvent Compliance Across the European Payment Solutions
- 4 months 7 hours ago
- Payments
Monavate, a prominent provider of payment solutions, has joined forces with Know Your Customer, a global leader in business KYC verification. Together, they aim to revolutionise the European payment solutions sector by redefining compliance processes, elevating customer onboarding experiences, and cultivating trust within the digital payment ecosystem.
Sumsub Partners with 21 Analytics to Add Self-Hosted Wallet Verification to Its Crypto Travel Rule Solution
- 4 months 1 day ago
- Cryptocurrencies
Sumsub, a global full-cycle verification platform, is pleased to announce a new partnership with 21 Analytics, a Swiss-based Travel Rule compliance software provider.
TerraPay and Thredd Partner to Build the Next Generation of Payment Solutions and Money Movement for Global Travel Providers
- 4 months 1 day ago
- Payments
TerraPay, a global leader in money movement, has chosen Thredd, a next-generation global payments platform, to power virtual card payments for global suppliers. This strategic partnership aims to develop payment solutions within the travel industry, offering seamless, secure, and compliant virtual card services to intermediaries as part of TerraPay’s cross-border money movement network.
The Payments Association Echoes Industry Calls for Policymakers and the Fintech Sector to Support Consumers with Community Finance
- 4 months 2 days ago
- Payments
With millions of people in the UK struggling to access affordable financial services, The Payments Association is calling attention to underutilised solutions including community finance options like credit unions. The association’s newly released paper: "Redefining Community Finance: Unlocking Pathways to Financial Inclusion" highlights the potential of these institutions but also the significant barriers hindering their growth.
dLocal and Eneba Partner to Enable Accessible Gaming to LATAM
- 4 months 2 days ago
- Payments
dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its partnership with Eneba, the fastest-growing marketplace with over 10M registered users and 80,000 products for gamers.
IDEX Biometrics Receives Production Order for IDEX Pay as Beautiful Card Corporation Is Granted Mastercard Letter of Approval
- 4 months 2 days ago
- Payments
IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC), in support of bank launches in Asia. BCC has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally.
Nium and Air France-KLM Take Off to Power Airline Payments
- 4 months 2 days ago
- Payments
Nium, the global leader in real-time global payments, today announced a collaboration with Air France and KLM to power “closed loop” electronic payments between the airlines and selected travel agents. The Nium Airline Payments Solution (NAP) provides an alternative to travel agent card transactions, using a private network of trusted UATP authorization rails and bank transfers to offer lower costs, simplified reconcil
UK Reaches 150 Million Contactless Cards in Issue
- 4 months 2 days ago
- Payments
UK Finance today releases its card spending data for March 2024, covering the monthly value and volume of transactions across debit and credit cards. The data shows the number of contactless cards in issue in the UK topped 150 million (150,172,000) for the first time in March 2024. This means that contactless cards now make up 93 percent of the cards in issue in the UK.
GoCardless Works with Federation of Small Businesses to Help Its Members Tackle Late Payments
- 4 months 2 days ago
- Payments
GoCardless, the bank payment company, announces a new partnership with the Federation of Small Businesses (FSB) to offer its members practical tips and advice to help address late payments. . .
Swift Research Finds European SMEs Expect to Be More Competitive and Save Money as a Result of Instant Payments Regulation
- 4 months 2 days ago
- Payments
Swift today published the findings of research that shows Small and Medium Enterprises (SMEs) in the European Union feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve their cash flow, and increase their competitiveness.
Bybit Card Brings Apple Pay to Customers
- 4 months 3 days ago
- Payments
Bybit Card from Bybit, one of the world's top three crypto exchanges by volume, today brings its customers Apple Pay, a safer, more secure, and private way to pay at checkout when using the Bybit app or website to purchase cryptocurrency. Bybit offers competitive currency rates, ensuring users get the best price for their assets.
Digital Payments Demonstrated to Have a Lower Environmental Impact Than Cash
- 4 months 3 days ago
- Payments
The European Digital Payments Industry Alliance (EDPIA) is pleased to announce the publication of the Oxford Economics white paper The environmental impact of digital over cash payments in Europe. With the study, EDPIA wants to contribute to and engage in the public debate on how the payment value chain can take actively part in achieving a low carbon economy and showcase which areas are likely to deliver the best decarbonization potentials.