This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Globalpayments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. ” said Alex Johnson, Chief Payments Officer at Nium.
Bank payment company GoCardless has announced a partnership with Optty , a paymentsAPI platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.
Nium, a globalpayments infrastructure provider, announced that financial institutions can now connect to its real-time paymentsnetwork using their existing Swift infrastructure. This eliminates the need for complex and costly APIintegrations, making cross-border payments faster and more affordable.
This collaboration enhances the Borderless.xyz network by integrating Capas local payment rails, enabling seamless, faster, and more cost-efficient transactions for financial institutions, payments companies, fintechs, and corporates operating in Mexico.
DECTA , a leading provider of technical payment solutions, is excited to announce the launch of the DECTA Fintech Fast Track—a program designed to fast-track the journey of innovative fintech companies entering the card issuing and payment acquiring industry. ” said Nikita Melnikovs, Board Member at DECTA. .”
Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.
In an announcement of completion of the deal, Visa said it will accelerate the globalpayments and credit card company’s “network of networks” strategy. Terms of the deal were not disclosed.
Alchemy Pay , the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. To date, Alchemy Pay’s ramp paymentnetwork has grown to encompass more than 300 payment channels spanning 173 countries, supporting over 50 fiat currencies.
This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.
When it comes to creating a seamless experience for cross-border transactions, especially for Global Citizens who are sending large amounts of money infrequently to institutions all over the world, it can be hard to know where to start. There’s really no monolithic solution that works for all sides of the globalpayments experience.
In the rapidly evolving world of e-commerce and digital transactions, the choice of a payment gateway is a crucial decision for businesses. A payment gateway serves as the bridge between the customer and the merchant, facilitating secure and seamless transactions. Adyen: Single platform for accepting paymentsglobally (International).
Today, Skyfire Systems, Incorporated announced the launch of the world’s first paymentnetwork built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Today, AI Agents can’t be served, unable to make or receive payments without human help.
Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and globalpayment applications, the company said in a press release on Monday (Oct. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).
Visa announced today that Visa B2B Connect is live in 62 countries, and has added Infosys as a new integration partner. When Visa’s global head of Business Solutions Kevin Phalen opened up this year’s PYMNTS B2B Payments Executive Forum, he made the case that the B2B payments arena is in the midst of a transformative shift.
Partnerships Klarna , the AI powered globalpaymentsnetwork and shopping assistant, has partnered with Blackhawk Network (BHN), a global branded payments provider, to expand Klarnas Gift Card Store in Germany, Italy and The Netherlands.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
OpenPayd , the leading globalpayments and Banking-as-a-Service (BaaS) platform, today announced its partnership with TrueLayer , Europe’s leading open banking paymentnetwork, to enhance its instant payment solutions offering for its clients.
Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. We offer a single API across all banks,” Kirsch told Webster. that develops solutions for digital currency.
It empowers a lot of the global businesses to grow beyond borders. We provide products from payments and collection, FX and payout all the way to embedded finance to allow or empower any businesses to operate the whole financial and payments stack on top of our platform. Making payments, it’s very expensive and inefficient.
Through the partnership, banks can use Partior’s network to access Nium’s globalpayments infrastructure without needing additional APIintegration, offering seamless real-time transactions. The move makes Nium the first payment service provider to join the Partior network.
The UK governments decision to scrap the Payment Systems Regulator (PSR) and merge its functions into the Financial Conduct Authority (FCA) has divided opinion across the financial sector. The PSR had outlived its usefulness Tony Craddock, director general, The Payments Association Some see it as a long-overdue correction.
Although cross-border B2B payments have progressed into an area of financial services in which both traditional and FinTech players are innovating, moving money across borders between businesses is a feat with no shortage of friction points. Cross-border B2B payment service providers today must multitask. Cost Versus Speed. In the U.S.,
Worldpay stands as a leading globalpayments company, offering a comprehensive suite of payment processing solutions to merchants and financial institutions across the globe. With a robust presence in over 146 countries, Worldpay is equipped with a team of seasoned experts who bring extensive experience in the payments industry.
Rapyd, the B2B financial technology-as-a-service company, launched an integratedpayment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. Morgan GlobalPayment Trends.
Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. Buckzy Payments. In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K.
Marqeta , a cloud-based open API platform for modern card issuing and transaction processing, recently filed its S-1 in preparation for its shares to start trading publicly in June. Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. First name. Company Name.
In today’s top payments news around the world, cross-border payment platform dLocal has grown its network, while Mambu is joining forces with New Zealand digital lending platform Ranqx to enhance digital lending. dLocal Grows Cross-Border PaymentsNetwork in LatAm.
OpenPayd , the globalpayments and banking-as-a-service (BaaS) platform has teamed up with TrueLayer to enhance its instant payment solutions, enabling secure account-to-account payments across the UK and Europe. This move also reflects the growing adoption of open banking and innovation in payment services.
As the B2B payments landscape modernizes, the payments technology company is ramping up its innovation efforts to drive further adoption of commercial cards with value-added services. This wasn’t the only initiative in the B2B payments space that American Express has announced this month. American Express Debuts AP Tool.
PayDo aims to improve cross-border payments. Besides, PayDo’s clients will be able to embed such payments directly into their products via API. Overall, key benefits of using an embedded finance feature for SEPA, SEPA Instant, and SWIFT are the following: Access to SEPA and SWIFT networks via API.
This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.
The new year has dawned with a number of cross-border payment pacts, done across blockchain and other means. In Pakistan, as reported by Coindesk, Telenor Microfinance Bank and remittance firm Valyou Sdn Bhd (a Telenor subsidiary) have launched a payment platform based on Alipay’s blockchain offerings. s Faster Payments service.
Trust is important for all of payment, commerce and financial services – it is more or less the glue that holds transactions together. The good news, however, is that for the first time, simultaneous advances in authentication, validation and payments worldwide are changing the way cross-border transactions are happening. “In
Partnerships are key for cross-border payments company Earthport, and the firm has just inked its newest collaboration — this time, to fuel globalpayments for another player in the market. Together, Earthport and FX4BIZ are hoping to combine their forces and secure a greater share of the global corporate payments space.
This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “These platforms, operating at the API layer, enable rapid and seamless integration of a wide array of financial services into e-commerce platforms. .
Appointments myPOS, a provider of payments, accounts and card solutions for small merchants and sole traders, has appointed Mario Shiliashki as CEO. Nium, the real-time cross-border payments company, has expanded its partnership with Thredd , the payments processor, to issue virtual cards in the APAC region.
In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.
Regardless of what you call it, all of these systems are based around the same underlying technology, and they each provide an extra layer of security when processing online payments. The merchant’s website will initiate a 3DS request with the customer’s card issuer on the payment page.
Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi. “We
APIs) directly to end-users. For example, Flinks (disclosed equity funding of US $1.72M) is a financial data aggregator, providing APIs to enable fintech companies to connect with their users’ financial data. Payments, billing, and money transfer. HR, payroll, and benefits. Real estate. Regulatory tech.
The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. And once you go global, it creates more problems. Visa Buys Fraedom.
Here are some of the most well-known companies accepting crypto as payment and what’s driving the adoption. 6 Major Companies Accepting Crypto as Payment Accepting crypto payments as a business isn’t just for the tech-focused industries. AT&T AT&T is just one of the utilities companies enabling crypto payments.
FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, October 18 & 19. Plus, the company will preview the UP eCommerce Payments solution omni-channel payment capabilities. Pick up your ticket to save your spot today. Why it’s a must-see.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content