Category: Mobile payments

November 17, 2023

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 […]

November 17, 2023

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 […]

November 9, 2023

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 […]

November 7, 2023

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 […]

November 3, 2023

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 […]

November 2, 2023

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 […]

November 1, 2023

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 […]

November 1, 2023

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 […]

October 31, 2023

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 […]

October 4, 2023

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. […]

October 4, 2023

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 […]

October 3, 2023

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, […]

September 27, 2023

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, […]

September 19, 2023

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 […]

August 4, 2023

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 […]

July 17, 2023

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 […]

July 3, 2023

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 […]

June 29, 2023

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 […]

June 27, 2023

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 […]

June 21, 2023

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 […]