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Category: Mobile payments


Mobile payments, Paytech

Ireland’s Synch ditches plans to roll out mobile payments app

November 17, 2023

Via: FinTech Futures

Founded in 2020 by AIB, Bank of Ireland, Permanent TSB and KBC, Synch had ambitions of rivalling challengers such as Revolut and N26, by launching an account-to-account mobile payment service, allowing customers to purchase goods online and in stores, as […]


Mobile payments, Paytech

Dutch payment processor Silverflow lands $16.3m funding

November 17, 2023

Via: FinTech Futures

Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round, with Silverflow claiming its valuation is now “substantially higher” than its Series A in 2021. Launched four years ago, Silverflow operates a […]


Mobile payments, Paytech

US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

November 9, 2023

Via: FinTech Futures

The deal, which is thought to be in the final stages of discussions according to Bloomberg, would reportedly value Melio, a B2B payments platform provider for small businesses, at $1.95 billion. This figure is less than half of the paytech’s […]


Mobile payments, Paytech

US CFPB proposes supervising digital app providers, including crypto wallets

November 7, 2023

Via: Cointelegraph

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]


Mobile payments, Paytech

Amazon adds BNPL to its Amazon Business platform through Affirm partnership

November 3, 2023

Via: FinTech Futures

Amazon Business, a B2B e-commerce procurement platform, will now provide its sole proprietor business customers the option to select Affirm at checkout to pay for eligible goods over time. The platform says that it plans to make the payment option […]


Mobile payments, Paytech

Visa Drives Payment Innovation Following CBDC e-HKD Pilot Test

November 2, 2023

Via: The Fintech Times

Beginning in May 2023, Visa took part in the e-HKD CBDC pilot programme focused on simulating two use cases of interbank B2B payment flows — property payments and acquirer-merchant settlement, each tailored to the Hong Kong market. It also demonstrated […]


Mobile payments, Paytech

BNPL fintech Tabby lands $200m Series D at $1.5bn valuation ahead of planned IPO

November 1, 2023

Via: FinTech Futures

The equity funding round also saw participation from Bluepool Capital, and existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures. Following the fresh fundraise, Tabby claims it has become the region’s first fintech unicorn, ahead of its planned […]


Mobile payments, Paytech

Global Payments delays new POS launch

November 1, 2023

Via: Payments Dive

The company didn’t identify a reason for the delay. A Global Payments spokesperson said Wednesday the beta version of the platform launched this quarter, and the full commercial release of the platform will occur in the first quarter of next […]


Mobile payments, Paytech

Visa Cloud Connect Certification Helps Mark the First Step in Paymentology ‘Global Rollout Plan’

October 31, 2023

Via: The Fintech Times

As Paymentology receives Visa Cloud Connect certification from Visa, it is now able to better serve its fintech, banking and telco clients by connecting to the global VCC network. The certification is also in line with its cloud-fist strategy. Increasing […]


Mobile payments, Paytech

Aeropay teams up with UBank for in-game payments innovation

October 4, 2023

Via: FinTech Futures

The partnership will specifically seek to simplify in-game payments while also promising to “enhance compliance and expand total reach” as the firms look to address what they describe as the “intricate payment challenges” at play within the current gaming ecosystem. […]


Mobile payments, Paytech

Brite Payments secures $60m funding, eyes international expansion

October 4, 2023

Via: FinTech Futures

Founded in 2019 by Lena Hackelöer, Brite Payments is an instant payments provider that leverages open banking technology to process account-to-account (A2A) payments in real time between consumers and online merchants. It is currently connected to 3,800 banks across 25 […]


Mobile payments, Paytech

Investing in Fintech: opportunities and challenges in the payments industry

October 3, 2023

Via: Fintech News

In this era of digital transformation, the fintech sector has emerged as a pivotal player, redefining the traditional financial services landscape and introducing innovative solutions that address the evolving needs of consumers and businesses alike. The payments segment, in particular, […]


Mobile payments, Paytech

PayTech Awards USA 2023 winners announced

September 27, 2023

Via: FinTech Futures

This year, in a departure from traditional ceremonies, we chose to announce the winners exclusively through our dedicated awards website, making it a unique and accessible experience for all. The awards celebrate companies and individuals who have demonstrated exceptional innovation, […]


Mobile payments, Paytech

Revolut Business Tackles Business Payment Facilitation Struggles with RevTag

September 19, 2023

Via: The Fintech Times

The complications that arise when needing to enter IBANs or other beneficiary details are all removed with RevTag. In lieu of them, individuals or businesses only need to enter the RevTag of the recipient in the Revolut Business app. Over […]


Mobile payments, Paytech

Payoneer acquires AI-powered data platform Spott to streamline decision-making

August 4, 2023

Via: FinTech Futures

Founded in 2020 and based in Tel Aviv, Spott leverages artificial intelligence (AI) and machine learning (ML) to sift through large datasets and provide quantifiable results to help businesses make more informed and faster decisions. Payoneer says the start-up’s capabilities […]


Mobile payments, Paytech

Wallet Factory offers digital wallet engine to IMS Ventures

July 17, 2023

Via: ThePaypers

Wallet Factory has partnered with IMS Ventures to offer its digital wallet engine and API-based tools for businesses in South African emerging markets. The digital wallet service was developed in order to ensure efficiency and security for FairPay, a transportation […]


Mobile payments, Paytech

Fintech data integration challenges and effective strategies

July 3, 2023

Via: FinTech Futures

The sheer volume of data that continues to grow exponentially, coupled with the demand for real-time insights and the diversity of data sources, present formidable obstacles in integrating and utilising data resources. In this article, I will explore the complexities […]


Mobile payments, Paytech

Capital Union Bank taps Avaloq for new online banking platform

June 29, 2023

Via: FinTech Futures

Capital Union Bank provides execution, custody and lending services to institutional investors, financial intermediaries and ultra-high-net-worth individuals across the world. The bank has now launched a new online banking platform leveraging Avaloq’s Web Banking tech, offering what it calls an […]


Mobile payments, Paytech

Checkout.com Builds on Payments Solution with Intelligent Acceptance Launch

June 27, 2023

Via: The Fintech Times

Intelligent Acceptance is an AI-powered optimisation engine. It is trained on billions of transactional data points from Checkout.com’s global network. This is in addition to insights from the business’ domain expertise after a decade at the forefront of the digital […]


Mobile payments, Paytech

ACI Worldwide launches Instant Pay solution for European merchants

June 21, 2023

Via: FinTech Futures

Through a single API integration with the ACI payments orchestration platform, merchants using Instant Pay will be able to accept instant online, mobile and in-store payments. ACI says payments will reach merchants’ accounts instantly with no settlement delays or chargebacks […]