LAVEGO Chooses nexo standards to Bring Innovation to the POS
- 3 years 1 month ago
- Payments, Credit Cards
Cardinity Selects Nets to Boost International Growth
- 3 years 1 month ago
- Payments
Cardinity, a fast-growing Lithuanian online payment service provider, has chosen Nets to provide international acquirer processing, and fraud and dispute services. As a payment gateway and licensed acquirer, Cardinity delivers payment services to merchants across Europe and the partnership with Nets will expand its international footprint.
Consumer Digital Payments are ‘Light Years Ahead’ of the B2B Sector
- 3 years 1 month ago
- Payments
The fast, frictionless payment transactions experienced by consumers are influencing user expectations in the B2B sector and driving payments digitisation across the entire continuum, according to a new report released today by Accuity, a LexisNexis Risk Solutions Company. The report highlights:
Embedded Finance Provider HUBUC Secures Prestigious Y-Combinator Backing
- 3 years 1 month ago
- Payments
The next generation banking-as-a-service platform, HUBUC has been selected to join one the world’s most prestigious start-up incubators, Y-Combinator (YC).
Currencies Direct Completes £165 Million Dividend Recapitalisation
- 3 years 1 month ago
- Payments
Currencies Direct (the “Company”), a global leader in digital foreign exchange (“FX”) and international payment services, has completed a £165 million dividend recapitalisation. The recapitalisation was provided by incumbent lenders CVC Credit and Alcentra, which backed the acquisition of Currencies Direct in 2015 by private equity owners, Palamon Capital Partners and Corsair.
PayPoint Calls for a New Credit Collections ‘Norm’ as Financial Support Schemes Draw to a Close
- 3 years 1 month ago
- Payments
Payment holidays have provided a lifeline for many in the pandemic, but as the planned March end-date[i] fast approaches, consumers and organisations must both prepare for a difficult period of financial transition.
Mastercard Working with Liberty Tax to Provide Access to Economic Impact Payments and Tax Return Funds
- 3 years 1 month ago
- Payments
With the Netspend® Liberty Tax® Prepaid Mastercard®, eligible Americans can receive quick and secure access to their stimulus and tax return payments
MODIFI Announces New 60M USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111M USD to Fuel Global Expansion
- 3 years 1 month ago
- Trading Systems, Payments
Global fintech MODIFI announces a new 60m USD debt facility with Silicon Valley Bank (SVB), bringing its total raised capital to 111m USD. The facility from SVB's German Branch will be used to address increasing demand in existing markets, as well as fuel MODIFI's continuing growth and finance buyers and sellers in new geographies, particularly the US.
HPS and Utimaco Enter Into a Strategic Partnership
- 3 years 1 month ago
- Payments, Cybersecurity, Compliance
HPS, the leading global provider of payment solutions, today announced a new partnership with Utimaco, a leading global provider of IT security solutions. As part of the partnership, HPS has integrated Utimaco’s hardware security module Atalla AT1000 into PowerCARD, HPS’ comprehensive suite of solutions that covers the entire payment value chain.
Enfuce raises €7M in Series B Funding Round Led by Tencent and Appoints Dr. Ling Ge to the Board of Directors
- 3 years 1 month ago
- Payments, People Moves
Tencent backs payment services innovator Enfuce in Series B funding round and appoints Dr. Ling Ge, Chief European Representative at Tencent, to Enfuce’s Board of Directors for strategic guidance as the Nordic fintech scales to Europe as well as globally. Nordic-based card issuing and payment processing services pioneer Enfuce has raised €7M in Series B funding led by Tencent’s €5M investment, welcoming the strong global VC with a diverse... more
EPA Champions Open Access to Bank Accounts With Release of New Guidance
- 3 years 1 month ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its updated guidance, EPA’s Guide to Payment Account Providers: 2021 edition, in partnership with the Association of Foreign Exchange and Payment Companies, to continue its work of campaigning for i
Bitex Partners with Onfido for Instant and Secure KYC for Crypto Investors
- 3 years 1 month ago
- Artificial Intelligence, Cryptocurrencies
With volatility emerging as a major concern around digital assets like Bitcoins, implementation of strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures have gained significance. To provide instant and secure KYC for its exchange and wallet, Cryptocurrency Exchange Bitex has partnered with Artificial Intelligence (AI) powered global identity verification and authentication platform Onfido.
PayRetailers Becomes an Official Sponsor of CONMEBOL Sudamericana, a First Sponsorship Arrangement for the Rapidly Growing Payment Platform
- 3 years 1 month ago
- E-Commerce, Payments
PayRetailers partners with CONMEBOL as a two-year new Official Sponsor at the kick off of 2021 season of Sudamericana football tournament. PayRetailers, a premier payment platform operating in Latin America, decided to bolster its commitment to fully being part of the region’s everyday life and culture, by sponsoring one of the region’s greatest competitions in its most beloved sport.
Enabling Growth and Enhancing Efficiency with TruNarrative – The Equals Group
- 3 years 2 months ago
- Management, Payments
The Equals Group chose the TruNarrative platform to help drive operational efficiency and facilitate smooth customer experiences across their range of services. TruNarrative enables businesses to safely onboard customers, detect fraud and identify risk via a single API. Their technology is used to deliver fraud detection and compliance strategies across the globe in a range of industries including banking, lending, online gambling, eCommerce and... more
SumUp Raises €750m in Funding to Fuel Growth and Continue its Global Expansion with New Acquisitions and Product Push
- 3 years 2 months ago
- Payments
Global payments service provider SumUp (www.sumup.co.uk) announces today that it has raised a €750m facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, L.P.. With Goldman Sachs’ and Bain Capital Credit’s continued support as existing investors and high demand from new investors, the current round was oversubscribed.
