Fintech News

APRIL 23, 2024

Global payments company Thunes has entered into a definitive agreement to acquire Tilia LLC , a U.S.-based based payment platform specialised in online games and virtual transactions. The financial terms of the deal were not disclosed, but the acquisition is pending regulatory approval.

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Payment Solutions Acquirers Alternative Payment Methods Payments 120

Fintech News

DECEMBER 19, 2024

While this is exciting for consumers, who enjoy greater convenience, it also translates into growing complexity for merchants, who must navigate an increasingly complex and fragmented landscape in which payment preferences vary widely from country to country from Alipay in China to UPI in India and e-wallets like DANA and GoPay in Indonesia.

APACS 93

APACS Payments Alternative Payment Methods Global Payments 93

Fintech Finance

AUGUST 8, 2024

billion Alipay+ users worldwide can make payments via 15 Asian and European Alipay+ e-wallets at retail stores leveraging Thunes’ Accept solution. Thunes offers Pay and Accept cross-border payment capabilities in over 130 countries and more than 80 currencies.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SARS Alternative Payment Methods 98

Fintech Finance

JUNE 11, 2024

The global fintech company, Unlimit and Moby , the leading Italian ferries and transportation company, announced today its partnership, enhancing Moby’s online booking experience and further supporting their goal to improve access to more sustainable transportation options for customers worldwide.

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Alternative Payment Methods Cross-Border Transactions Credit Cards 98

Fintech Finance

JULY 23, 2024

An experienced leader with over 20 years of financial services and consulting expertise, Anil joins from Bain & Company, where he was an Operating Partner focusing on payments and financial services. Anil Nanda, Partner and UK & Europe Head of Payments said: “The payments industry is undergoing significant change and disruption.

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Consulting Alternative Payment Methods Payments BNPL 98

Fintech Finance

MARCH 28, 2024

Gibbs Lvy, Co-Founder of Alchemy Pay, reflected on the significance of this investment, stating, “LaPay is a fintech company regulated by the FCA, and this investment marks a crucial milestone in our global payment licensing strategy.

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Payment APIs and Integration API FinTech Security 97

PYMNTS

AUGUST 11, 2020

“Sokin is the type of new generation payments firm which is a perfect partner for Currencycloud,” she said, according to the release. Global payments infrastructure is complex and time-consuming to navigate so we can allow clients to quickly expand their international networks and know that quality and cost will never be compromised.”.

Alternative Payment Methods 98

Alternative Payment Methods Compromise Instant Payments B2B 98

PYMNTS

JUNE 26, 2017

With global cross-border B2C sales estimated to be valued at roughly $424 billion by 2021 , some merchants are realizing the potential at stake and are stepping up their efforts to improve their global payments capabilities.

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Global Payments Cross-Border Payments Alternative Payment Methods 60

Fintech Finance

NOVEMBER 12, 2024

Rafael DiCarlo, North’s General Manager, Gaming, added : “For North, partnering with PXP Financial marks a key step aimed at delivering seamless and innovative payment solutions to our customers. It provides a single unified payments platform to accept payments online, on mobile and at the point of sale.

Payment APIs and Integration 98

Payment APIs and Integration Alternative Payment Methods Payments Fraud Prevention 98

PYMNTS

JANUARY 7, 2019

The recent announcement that China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia stands as the latest example that alternative payments are spreading to different parts of the world. That company, in fact, recently reported a more than twelvefold boost in revenue at its Indian payments subsidiary.

Alternative Payment Methods 76

Alternative Payment Methods Online and Mobile Banking Payments eWallet 76

Finextra

AUGUST 19, 2024

D24, a premier payments solutions provider, enabling companies to access over 27 countries via alternative payment methods (APMS) and single API card processing, today announces a strategic partnership with Yuno, the leading global payments orchestration platform.

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Cross-Border Alternative Payment Methods API Global Payments 52

Fintech Finance

OCTOBER 15, 2024

PXP Financial , the experts in global payment services, today announces its partnership with Kushki , a leading payment platform in Latin America. The strategic partnership aims to provide end-to-end payment solutions for merchants and consumers in the region.

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Payment APIs and Integration Alternative Payment Methods Cross-Border Payments Payment Solutions 96

Fintech Finance

NOVEMBER 18, 2024

For merchants operating across multiple markets, currency choice is another key function that will reduce the risk of failed payments, A new e-book from Ecommpay, available free from the Ecommpay website , offers e-commerce merchants practical tips for simplifying checkout journeys and optimising payment processes.

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Payments Strategy BNPL Payments Alternative Payment Methods 98

Fintech Finance

OCTOBER 17, 2024

With its young and digitally savvy population, APAC has emerged as the world’s leading digital payment market, accounting for over 50% of the global market share. This growth has fueled a diverse and rapidly evolving payments ecosystem, where alternative payment methods like e-wallets and QR codes are increasingly popular.

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APACS Alternative Payment Methods Cross-Border Payments Cross-Border 98

Fintech Finance

OCTOBER 9, 2024

Global holiday spending is expected to rise 16% in value from October through December 2024 compared to the same period last year, according to analysis by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology.

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BNPL Volume AI Alternative Payment Methods 98

PYMNTS

SEPTEMBER 20, 2018

cross-border ePayment provider, announced a partnership with Credorax to boost its Alternative Payment Methods (APMs) offerings throughout Europe. This partnership means that PPRO’s variety of APMs will now be extended to the bank’s merchants and payment service providers (PSPs). PPRO Group , a U.K.

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Alternative Payment Methods Cross-Border Payments Acquirers 55

Fintech Finance

APRIL 24, 2024

Klarna , the AI powered global payments network and shopping assistant, today announced a global partnership with Uber , to offer millions of consumers Klarna’s convenient alternative payment methods across Uber’s ride-sharing and delivery platforms, Uber and Uber Eats.

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Alternative Payment Methods Credit Cards Payment Networks Volume 64

The Fintech Times

MARCH 11, 2024

TerraPay , the global cross-border payments network, is partnering with Dubai Duty Free , a travel retail operator, aiming to bolster the availability of alternative payment methods in the UAE, by making it possible to make purchases at DDF outlets with telecom digital wallets.

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Financial Inclusion Cross-Border Payments Cross-Border Alternative Payment Methods 59

The Fintech Times

SEPTEMBER 26, 2024

Firms using the business platform, Xero can now add ‘buy now pay later’ (BNPL) to their offering as it partners with Klarna , the AI-powered global payments network. Xero’s customers will now be able to offer alternative payment methods to traditional credit using Klarna.

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BNPL Alternative Payment Methods Payments Small Business 69

Fintech Finance

AUGUST 5, 2024

Akurateco, a global payment software provider, announces that its Qatari partner, TESS Payments , has successfully secured a PSP License from Qatar Central Bank. This enables clients to reach a wider audience and cater to their customers’ payment preferences.

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PCI DSS Central Bank Alternative Payment Methods Payments 52

PYMNTS

JUNE 13, 2019

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

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B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

PYMNTS

OCTOBER 16, 2018

-based online merchants are behind when it comes to taking advantage of global eCommerce growth, as most are not offering enough or any local payment methods to international markets. Alternative payment methods include those outside of traditional credit cards, PPRO Group said in the press release.

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Cross-Border Alternative Payment Methods PayPal Credit Cards 68

PYMNTS

MAY 24, 2018

Under the terms of the deal, the duo will provide global payments services, focused on Chinese merchant transactions, to customers outside of China. Alternative payment methods range from Giropay to SOFORT Banking to Przelewy24 to Skrill, among several others.

Blockchain 40

Blockchain Alternative Payment Methods Online and Mobile Banking Risk Management 40

PYMNTS

DECEMBER 15, 2017

Alternative payment methods such as eWallets and wearables saw modest growth this year, with many experts anticipating an acceleration of the trend in 2018. Consumers are living digital lives, and financial institutions (FIs) and organizations are clamoring to meet them where they are.

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Alternative Payment Methods eWallet Payments Data Breach 81

PYMNTS

DECEMBER 16, 2019

Citi clients will be able to use Citi’s WorldLink cross-border payments peripheral to put money directly in PayPal’s digital wallet. This will help with payment speed and convenience, the release said.

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PayPal Cross-Border Payments Cross-Border Alternative Payment Methods 53

PYMNTS

DECEMBER 16, 2019

Citi clients will be able to use Citi’s WorldLink cross-border payments peripheral to put money directly in PayPal’s digital wallet. This will help with payment speed and convenience, the release said.

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PayPal Cross-Border Payments Cross-Border Alternative Payment Methods 52

PYMNTS

JULY 16, 2018

“PPRO is a pioneer in providing value-added acquiring services for alternative payment methods, and we are one of the fastest-growing FinTech businesses in Europe,” said Simon Black, CEO of PPRO Group.

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PayPal Cross-Border Alternative Payment Methods eWallet 46

PYMNTS

JULY 25, 2019

Against that backdrop, Ives told PYMNTS, firms that serve unbanked or underbanked consumers often strive to offer alternate payment methods across acquiring and disbursement scenarios. Diverse Global Payment Preferences. Taking the Unbanked and Underbanked Into Consideration.

Online and Mobile Banking 75

Online and Mobile Banking Payments Cross-Border Alternative Payment Methods 75

The Fintech Times

APRIL 25, 2024

By integrating Thredd APIs into its single platform for instant global payments, Nium has been able speed up transactions to 200 milliseconds when issuing and loading virtual cards in nearly 30 countries worldwide. More partnerships Elavon , a global payments provider, has expanded its collaboration in Europe with FreedomPay.

FinTech 59

FinTech Payment APIs and Integration Alternative Payment Methods Cross-Border Payments 59

PYMNTS

APRIL 4, 2019

Global payments provider Elavon and financial services group Société Générale have partnered up for payment acceptance and acquiring services throughout Europe, according to a release by the companies. Elavon, which is a subsidiary of U.S.

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Cross-Border Cross-Border Payments Alternative Payment Methods Online and Mobile Banking 43

The Fintech Times

MARCH 30, 2024

Will this open a door for alternative payment methods? “It’s key that fintech steps up to provide reliable and importantly, safe alternative payment methods for both merchants and banks. “The collaboration between banks and fintechs to innovate on account-to-account rails is paramount.

Settlement 59

Settlement Credit Cards Visa Consumer 59

Fintech Finance

JULY 23, 2024

It is forecast that over 31 billion payments will be made using debit cards in 2033. The number of cash payments is expected to continue the long-run declining trend seen in recent years, as consumers continue to turn to alternative payment methods. We forecast that there will be around 3.4

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Contactless Payments Online and Mobile Banking Debit Card Payments 98

PYMNTS

SEPTEMBER 20, 2018

In individual company news, Global Payments said earlier in the week that its U.S. payments and payroll business, Heartland, has partnered with Ingenico Group to debut new payments hardware in the form of a terminal geared toward SMB customers. The upshot, said SWIFT, is predictability on costs.

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SWIFT Mobile Payments PayPal Payments 63

Fintech Finance

MARCH 18, 2024

Increased internet and mobile phone use, as well as improved logistics and e-payment systems, are seen as the driving factors behind this impressive growth. Worldline and Opn will provide access to popular local and international cards and the Bank of Thailand’s PromptPay, a leading alternative payment method.

PCI DSS 52

PCI DSS Cross-Border Cross-Border Payments Consumer 52

The Fintech Times

MARCH 26, 2024

Here, Ray Merceron , general manager of sales, LAC region at i2c , the global payment processor, breaks down how Latin America’s payment market is evolving, its challenges, as well as i2c’s plans in the region. Another key trend is the rise of P2P payments.

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Innovation Alternative Payment Methods Payments SWIFT 59

PYMNTS

DECEMBER 28, 2018

Twas December 2017, and all through the global payments space, APMs and traditional banks were in a neck-and-neck race. Support for alternative payment methods for both making and accepting payments then becomes icing, not the core value proposition that many (including the writing and editing us) were expecting this time last year.

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Alternative Payment Methods Reconciliation PayPal Blockchain 46

Finovate

OCTOBER 21, 2024

Bridge was founded in 2022 to serve as an alternative payment method to compete with SWIFT and credit cards. Creating a low-cost alternative to traditional payments will make stablecoins more attractive for businesses and could lead to wider adoption in mainstream payment systems.

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Stablecoins Cross-Border Payments Cross-Border Payment APIs and Integration 52