Tag: PayTech

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 26, 2023

US-based commerce technology provider Payoneer has partnered with Etsy to support the latter’s expansion into emerging markets and simplify payments. Through this collaboration, Etsy can streamline payments to sellers and help develop economic opportunities for more entrepreneurs in emerging markets. […]

October 25, 2023

With the new licence, Elavon says it will be able to “grow and provide the right payments and banking solutions for UK clients” including authorisation, settlement, card machines and banking services. The licence also covers the full extent of Elavon’s […]

October 24, 2023

Launching initially for European B2C e-commerce firms, the Paris-based fintech will provide a full-service payment platform enabled via API integrations. Its core suite will include cash-in features such as support for multiple payment acceptance capabilities and cash-out features such as […]

October 18, 2023

Digital coins, often referred to as cryptocurrencies, have been making waves in the financial world for quite some time. While most people are aware of their use as a form of digital currency, the possibilities go far beyond simple transactions. […]

October 16, 2023

Everything is changing – fast. Economies are being buffeted by macroeconomic headwinds and rocked by geopolitical shocks. Customers are making different demands, societies are shifting unpredictably, and technological disruption is creating new competitors that are posing a potentially serious challenge […]

October 16, 2023

Authorised push payment fraud involves deceiving payers into sending payments to criminals. Here’s a particularly vicious example: a first-time house buyer goes to transfer their deposit to their solicitor to complete the deal, only to find out the solicitor’s email […]

October 13, 2023

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. “The platformization of the world is occurring, and software is getting into places where it never […]

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 28, 2023

Paysafe Payment Solutions Limited (Paysafe) has unilaterally decided to cease processing EUR deposits for Binance users, effective September 25, 2023, at 00:00 (UTC). The abrupt move has left many in the crypto community puzzled, as no clear reason has been […]

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 8, 2023

In its recent Big Ask survey, “a good job” was the top future priority among 69% of nine to 17 year olds. 37% of this age group said that not getting a good job was a worry, with girls and […]

August 31, 2023

Existing investors Creandum, 10x Founders and Angel Invest also took part in the round, alongside a number of angel investors. According to TechCrunch, the Series A took place at a valuation of around $80 million to $90 million, and follows […]

August 30, 2023

BC Payments plans to help local fintechs overcome barriers to non-domestic growth. At the centre of these barriers is the current de-risking in the B2B payments space by local incumbents. High-growth, compliant fintechs have often been caught in the crossfire, […]