Category: Paytech

January 9, 2024

It is well known that the propensity to pay is inextricably linked to the convenience of payment. Card payments offer payers convenience, but being subject to high fees, slow settlement times and chargebacks remain unattractive to B2B merchants, often operating […]

January 3, 2024

Founded in 2010 and based in New York, OpenTransact offers a Software-as-a-Service (SaaS) platform that facilitates payments and provides risk management solutions for high-risk industries such as CBD and gaming. Compatible with cryptocurrency, ACH, debit and credit card-based payments, the […]

January 2, 2024

News of the sale first broke in May 2021, with HSBC reportedly having paid more than €1 billion for New York-based private equity firm Cerberus Capital Management to take its loss-making French branches off its hands. As of 1 January […]

December 29, 2023

The cryptocurrency market’s capitalization metric has been trading within a relatively narrow upward channel for the past 10 weeks. This indicates that bullish momentum has remained intact despite recently failing to break above the $1.7-trillion market cap resistance. In December, […]

December 28, 2023

Some 10 years ago, EU lawmakers started to take issue with the stale world of payments, which had seen little innovation since the introduction of credit cards. The position of banks, payment processors and credit card companies was so entrenched […]

December 28, 2023

Trade credit insurance provider Allianz Trade, B2B e-commerce payments platform Two and Santander Corporate & Investment Banking (CIB) teamed up in January to offer the first global B2B buy now, pay later (BNPL) solution for corporates. The solution enables corporates […]

December 13, 2023

It’s the ability to swiftly turn an asset into cash without significantly impairing its value. High liquidity indicates a healthy market with plenty of buyers and sellers, which promotes smooth transactions and stable prices. It ensures that investors can profitably […]

December 4, 2023

Despite the industry’s constant longing for anything and everything instant, this scenario has struggled to play out in what is still a highly fragmented market. So much so that right now, only around one in 10 of all euro credit […]

November 30, 2023

Throughout the month, we have focused on the latest payment innovations, upcoming payment trends and the overall future of payments. But now, we turn our attention back to the most well-established forms of payment and money: cash. As the world […]

November 29, 2023

Generative AI is rapidly altering the landscape for e-commerce professionals with applications ranging from effective supply chain management to tailored client experiences. The application of generative AI has transformed e-commerce and offered cutting-edge fixes to improve almost all facets of […]

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 17, 2023

Bitcoin continues to trade above $28,000 on Tuesday, maintaining its position near a two-month high. The cryptocurrency’s resilience is attributed to an unexpected 0.7% rise in U.S. retail sales for September. After a dip from Monday’s peak of $30,000 to […]