Payments Source

NOVEMBER 17, 2020

In a boost to its battle with non-bank digital platforms, Spain's Banco Santander has acquired technology assets from scandal-ridden German payments processor Wirecard.

Acquirers 80

Acquirers Accounts Non-Bank Processors 80

Payments Source

MARCH 3, 2016

billion in revenue last year, the legal marijuana industry has yet to solve one of its biggest issues—the lack of reliable payments, banking and other financial services. Despite generating an estimated $4.5

Legal 110

Legal Non-Bank Payments Acquirers 110

Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

The Paypers

SEPTEMBER 26, 2023

Provider of mobile payment solutions Boku has received authorisation for its Malaysian entity to operate as a Non-Bank Merchant Acquirer.

Non-Bank 45

Non-Bank Acquirers Mobile Payments Payment Solutions 45

PYMNTS

NOVEMBER 15, 2018

The Australian government has announced a new initiative to support small business finance following a series of steps to crack down on bank mistreatment of SMBs. billion in small business loans from non-bank lenders to increase availability of working capital for the nation’s SMBs.

Small Business 58

Small Business Non-Bank Due Diligence Governance 58

EBizCharge

DECEMBER 3, 2024

Settlement occurs after a sale has been authorized and captured, ensuring the payment moves from the customer’s bank account to the merchant’s account. The payment settlement process involves various intermediaries, including the card issuer, the acquiring bank, and the payment processor.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Finovate

NOVEMBER 1, 2024

The firm, Nigeria’s largest merchant acquirer, announced this week that it has raised $110 million in a funding round led by private equity firm Development Partners International (DPI). Wise became the first non-bank operating in Japan to earn approval to join the country’s domestic payment network, Zegin.

Financial Inclusion 111

Financial Inclusion Cross-Border FinTech Visa 111

VISTA InfoSec

MAY 24, 2024

It is done to check whether only allowed data traffic is allowed between the card and the card and non-card data networks. It must also cover the non-card data environment. Ensure the Merchants and Service Providers have filled the PCI Self-Assessment Questionnaires (SAQs) to comply with the PCI DSS requirements. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Stax

MARCH 13, 2025

Behind every seamless payment card transaction is a complex network of banks, credit card companies, and payment systems working together to transfer money from the customer to the merchant. Although they go to issuing banks, the rates are set by card networks. However, this convenience comes at a cost, mainly for businesses.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

CB Insights

AUGUST 26, 2021

Paysafe , a specialized payment solutions company, acquired SafetyPay , a digital payments platform, for $441M in an all-cash deal. SafetyPay: Florida-based SafetyPay is an online transaction platform for e-commerce companies that facilitates non-card transactions across various banking networks. WHO ARE THE PARTIES TO THE DEAL?

Service Provider 74

Service Provider Acquirers Cross-Border Payments Cross-Border 74

Finovate

SEPTEMBER 19, 2024

CSI announced plans to acquire deposit growth firm Velocity Solutions. CSI will integrate Velocity’s solutions that drive revenue, service, and compliance for community banks and credit unions into its existing offerings. Community bank technology provider CSI announced plans to acquire deposit growth firm Velocity Solutions.

Acquirers 59

Acquirers Community Banks Credit Union Non-Bank 59

Finextra

JULY 26, 2024

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD).

Acquirers 52

Acquirers Non-Bank Finance Transactions 52

The Fintech Times

NOVEMBER 12, 2024

Appointments Sibstar, the UK debit card and app for people living with dementia, has appointed GoHenry co-founder and CEO, Louise Hill, as a non-executive director. Else Bos joins as the fourth non-executive member, while chief operating officer Martijn Vos is named executive member.

FinTech 64

FinTech Point-of-Sale (POS) Non-Bank Embedded Finance 64

The Fintech Times

APRIL 15, 2025

Al Ansari Exchange , the UAE-based remittance and foreign exchange company, and Ruya Islamic Community Bank (ruya), a digital-first Islamic community bank, are working together to enhance financial inclusivity and convenience for customers across the UAE.

FinTech 64

FinTech Payment APIs and Integration Non-Bank Community Banks 64

Fintech News

JANUARY 21, 2025

The bank reported a pre-tax profit of VND 27.5 These initiatives helped drive a 27% increase in the bank’s CASA (Current Account Savings Account) balance, reaching an all-time high of nearly VND 231 trillion, with a CASA ratio of 40.9%. E-banking transaction volumes surged by 51.1% trillion, representing a 20.3%

Fraud Detection 119

Fraud Detection Non-Bank Mitigation AI 119

Clearly Payments

SEPTEMBER 22, 2024

The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk. Only acquiring banks have the authority to add or remove a merchant from this list, making it a powerful tool in the payments industry. What Is the MATCH List? How Do Merchants Get on the MATCH List?

Processors 102

Processors PCI DSS Credit Cards Non-Bank 102

Stax

DECEMBER 9, 2024

Debit or credit card chargebacks are when a disputed charge made to a merchant’s account is refunded to the customer’s bank account. This has been aided by the rise of online banking, which has made the chargeback process as easy as a few clicks. What Are Credit Card Chargebacks?

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

PYMNTS

JUNE 25, 2020

the British financial technology company headquartered in London, has added American Express to its open banking platform. Before this addition, Revolut shoppers could access American Express balances and transactions only through Amex’s online banking service or app. Revolut Ltd., Now, Revolut’s retail customers in the U.K.

Non-Bank 123

Non-Bank Credit Cards Accounts Transactions 123

Stax

NOVEMBER 21, 2024

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

DECEMBER 20, 2023

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system. The country stands out in this regard.

CBDC 126

CBDC Transactions Payment APIs and Integration Cross-Border 126

The Fintech Times

APRIL 10, 2025

Latvia-based BluOr Bank has selected Nets , part of the European paytech, Nexi Group , to leverage its payment card issuing services, offering an enhanced customer banking experience tobusiness and entrepreneurs in the Baltic region. This collaboration aims to enhance how businesses manage their expenses.

FinTech 59

FinTech AI Non-Bank Cybersecurity 59

Tribe Payments

MAY 31, 2023

In our new ‘Need to know’ series, we speak with some of the product experts at Tribe Payments – starting off with Alex Kelly, our VP of Business Solutions, who tells you all you need to know about Acquirer Processing – including how it differs from an acquirer. Can the acquirer and the acquirer processor be the same company?

Acquirers 52

Acquirers Process Processors Multi-Currency 52

PYMNTS

MARCH 4, 2020

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia.

Acquirers 64

Acquirers Non-Bank BNPL FinTech 64

Fintech Finance

APRIL 17, 2025

FIS (NYSE: FIS), (the Company) a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments’ (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 issuer market opportunity.

Issuers 52

Issuers Global Payments Adjustments Payments 52

Fintech Finance

SEPTEMBER 10, 2024

As businesses expand internationally, they encounter challenges such as high currency conversion costs, foreign exchange risks, and the complexity of managing multiple bank accounts. As a trusted acquirer with nearly 15 years of industry experience, payabl.’s Developed by payabl.’s ” Ayse Moudourou, payabl.’s this year and 3.3%

Accounts 98

Accounts Multi-Currency Payment APIs and Integration Cross-Border 98

Finovate

JANUARY 3, 2024

Blackstone has agreed to acquire Sony Payment Services. The firm is acquiring Sony Payment Services from Sony Group’s Sony Bank, which will still support Sony Payment Services as a minority investor. The firm is acquiring SPSV from Sony Group subsidiary Sony Bank.

Acquirers 52

Acquirers Payments Non-Bank Online Payment Processing 52

Fintech Finance

SEPTEMBER 17, 2024

With over 30 years of banking and payments experience, Elliff has a strong track record of innovating and building intrapreneurial ventures and high-growth businesses while at NatWest Group and JP Morgan Chase. Globally, the issuance of chargebacks has increased more than 4x the rate of eCommerce (42%).

Disputes 98

Disputes Multi-Currency Issuers Fraud Prevention 98

The Fintech Times

APRIL 15, 2025

Mexico and Guatemala are also embracing this global trend of integrating financial services into non-financial platforms. In 2025, we also began operating as a direct credit company (sociedade de crdito direto), allowing us to issue and manage bank credit notes (CCBs) and tap into the massive market of credit transactions.

Embedded Finance 59

Embedded Finance Finance Non-Bank Financial Inclusion 59

The Fintech Times

APRIL 3, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Whether it be retailers, ride-hailing apps, super-apps, or other non-bank service providers, embedded finance appears to be making its way into every sub-sector.

Embedded Finance 126

Embedded Finance Finance Non-Bank Online and Mobile Banking 126

The Fintech Times

JANUARY 21, 2025

EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform. Conister Bank Limited has launched an online deposit system for its UK retail customers.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

The Fintech Times

JANUARY 30, 2025

Partnerships and collaborations Banco Sabadell has unveiled a strategic alliance with Snowdrop Solutions, a geolocation-based technology services company, to enhance the customer experience within the bank’s app.By The Bank of America Corporation board of directors has appointed Maria Martinez as a director.

FinTech 64

FinTech Reconciliation Financial Crimes Audit 64

Stax

JANUARY 23, 2025

By thoroughly assessing merchants, processors can: Reduce fraud and chargebacks by identifying potentially fraudulent or non-compliant merchants before onboarding them. The primary purpose of merchant account underwriting is to mitigate risks for payment processors and credit card networks.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

PYMNTS

SEPTEMBER 27, 2018

Alibaba Group announced Thursday (September 27) that it signed up with Banking Circle to use its infrastructure and global network for digital payments. We are delighted to partner with Banking Circle. Payments are simply payments,” said Anders la Cour, co-founder, and chief executive of Banking Circle, in the same press release.

Cross-Border Payments 73

Cross-Border Payments Cross-Border Non-Bank Payments 73

Fintech Finance

DECEMBER 12, 2023

Entersekt , the financial authentication company, today announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider. Save on costs by reducing unnecessary contact center activity and avoiding non-compliance fees.

Acquirers 59

Acquirers Payment Solutions Security Authentication 59

Fintech News

JUNE 20, 2024

OpenWay , a provider of digital payments technology to banks, processors, national payment switches, and mobile wallet operators, found that clients are recognising the benefits of AI. Gen AI can identify which government agencies or non-profits may be interested in this functionality and generate targeted proposals.

Use Case 122

Use Case AI Multi-Currency Payments 122

Fi911

MAY 7, 2024

Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises. This system, though crucial for risk management in the banking sector, can have significant repercussions for the businesses that find themselves placed on the TMF.

PCI DSS 95

PCI DSS Processors Compromise Identity Theft 95