Blockchain payment network Zone raises $8.5 million
Finextra
MARCH 18, 2024
African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.
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Finextra
MARCH 18, 2024
African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.
Bank Automation
AUGUST 20, 2024
Morgan is joining French payments network Cartes Bancaires, Mike Lozanoff, managing director and global head of merchant services at J.P. The bank is tapping cloud-based Renovite to build the connection to the network, Lozanoff says. Morgan, tells Bank Automation News on this episode of “The Buzz” podcast.
Fintech News
FEBRUARY 19, 2025
This expansion underscores our commitment to global reach and industry-leading Quality of Service through direct connections, enabling our Members to seamlessly process payments worldwide, with the highest transaction success rates.”
Fintech Finance
JUNE 20, 2024
AMINA Bank , a licensed and FINMA-regulated digital assets bank, has today announced the launch of the AMINA Payment Network (APN). Designed to address the needs of the crypto banking world, APN helps to facilitate real-time payments to other APN members. Members must have an AMINA current account to access the network.
Fintech Finance
JULY 11, 2024
Billtrust , a B2B order-to-cash and digital payments market leader, announced that it has extended its collaboration with Visa, a world leader in digital payments, to support its Business Payments Network (BPN).
Fintech Finance
FEBRUARY 5, 2025
The post FIS Unlocks Second Half of FedNow Instant Payments Network Potential with New Send Certification appeared first on FF News | Fintech Finance. Following the launch of FedNow in July 2023, FIS was quickly named as one of the first certified companies in the fintech industry after completing a comprehensive testing curriculum.
Fintech Finance
OCTOBER 21, 2024
Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network. For more information on how to connect to Nium via Swift, visit here.
Finextra
JANUARY 13, 2025
As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy.
Fintech Finance
APRIL 24, 2024
The post UK Banks Urged to Act Now Ahead of New Cross-Border Payments Legislation ISO 20022 to Prevent Exclusion from International Payment Networks appeared first on Fintech Finance.
Fintech Finance
AUGUST 6, 2024
The post Flywire Acquires Invoiced to Bolster its Global B2B Payment Network with Award-Winning Accounts Receivable SaaS Platform appeared first on FF News | Fintech Finance. More details will be shared on the upcoming earnings call scheduled for August 6, 2024.
Payments Dive
JUNE 29, 2023
The partnership will make vehicle-recognition payments for fleet owners available to more retailers across the country.
Payments Dive
APRIL 25, 2024
About 700 financial institutions have connected to the Fed’s instant payment network since last July, with at least 1,000 more in the pipeline, a FedNow official said this week.
Finextra
MARCH 6, 2025
Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.
The Fintech Times
FEBRUARY 22, 2025
The post Thunes Expands Payment Network to Taiwan, Enhancing Cross-Border Transactions appeared first on The Fintech Times. Thunes also partners with major companies like Uber and Grab, and maintains a global presence with offices in key cities including Singapore, London and Shanghai.
Finextra
MARCH 5, 2024
JP Morgan is joining Cartes Bancaires (CB), enabling its merchant clients to process card payments via the French network rather than Visa or Mastercard.
The Paypers
MARCH 6, 2025
Skyfire , a payment network designed for AI-driven transactions, has officially launched its full-featured infrastructure following a period of beta testing.
The Nilson Report
FEBRUARY 7, 2025
The post FIS Unlocks Second Half of FedNow Instant Payments Network Potential with New Send Certification appeared first on Nilson Report.
Payments Dive
SEPTEMBER 23, 2022
Elizabeth Warren called the peer-to-peer payments network “unsafe,” claiming Zelle users were defrauded out of $500 million last year.
Finextra
JULY 14, 2024
Partior, the bank-backed fintech behind a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60 million in Series B funding.
The Nilson Report
JANUARY 7, 2025
The post TNS Partners with the Australian Payments Industry for New PCI-DSS Payment Network appeared first on Nilson Report.
Finextra
MARCH 18, 2024
The Universal Digital Payments Network (UDPN) has launched a digital currency sandbox for both commercial and central banks.
Fintech Finance
JANUARY 31, 2025
The post European Women Payments Network (EWPN) Appoints New Company Directors of Not-for-Profit appeared first on FF News | Fintech Finance.
Finextra
DECEMBER 11, 2024
Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning
Finextra
MAY 29, 2024
The Interledger Foundation, an organisation dedicated to the creation of an open, interoperable payment network, is promising to fund fintechs that use its protocol to bring payments to emerging markets and underserved populations.
Payments Dive
DECEMBER 13, 2023
The number of banks participating in The Clearing House’s real-time payments network surged this year after the launch of the rival FedNow system.
Fintech News
OCTOBER 20, 2024
Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.
Fintech News
JANUARY 14, 2025
In addition, the launch of a cross-border QR code payment system will enable consumers and visitors to make quick and secure payments for goods and services using their mobile phones.
Fintech News
MAY 5, 2024
Announced by Dr Daranee Saeju, Assistant Governor, Payment Systems Policy and Financial Consumer Protection Group, Bank of Thailand at the recent Money20/20 Asia event in Bangkok, this move aims to enhance the speed and security of international transactions.
Fintech Finance
SEPTEMBER 5, 2024
Satispay , the leading independent mobile payment network in Italy, today announced a strategic partnership with Stripe , a financial infrastructure platform for businesses, in order to eliminate the barriers in online digital shopping experience for Italian merchants and consumers.
Fintech News
DECEMBER 10, 2023
It supports various payment networks such as FAST in Singapore, RTGS in Malaysia, and InstaPay and PESONet in the Philippines. In 2024, HitPay plans to extend its services to include domestic payouts in Indonesia, Thailand, Vietnam, and Australia and global cross-border payouts using various payment networks and channels.
Bank Automation
APRIL 4, 2024
ACI Worldwide is exploring the use of its cloud platform to onboard bank clients to The Clearing House’s Real-Time Payments network.
Finextra
APRIL 22, 2024
Coupa, the margin multiplier company, and Bottomline, a global leader in business payments, announced a strategic partnership to simplify and optimize payment processes for businesses. Coupa can now connect to Paymode-X, Bottomline’s business payments network that offers Premium ACH, to automate payments from buyers to suppliers.
Fintech Finance
JANUARY 22, 2025
Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.
Fintech Finance
SEPTEMBER 5, 2024
Ume , a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, has announced it has raised $ 15 million in Series A equity funding. The round was led by PayPal Ventures, with participation from NFX, Globo Ventures, Clocktower Ventures, Big Bets, FJ Labs, Endeavor and Norte Ventures.
Stax
DECEMBER 20, 2023
Understanding the concept of interchange fees is crucial for businesses looking to optimize their payment processing costs. These fees are set by the payment networks and are typically expressed as a percentage of the transaction value or as a fixed amount per transaction. Interchange fees are simply a cost of doing business.
Finextra
JUNE 4, 2024
Klarna, the AI powered global payments network and shopping assistant, has cut its sales and marketing spend by 11% in Q1 2024 while increasing the number of campaigns and updating marketing collateral more frequently.
Payments Dive
OCTOBER 10, 2023
The service, built on top of the Fed’s instant payments network, allows customers to verify a bank account within 15 seconds before sending a payment, Orum said.
Finextra
OCTOBER 2, 2024
Klarna, the AI-powered global payments network and shopping assistant, has unveiled “Apple from Klarna”, a storefront in the Klarna app and Klarna.com where customers can purchase Apple products using its flexible payment options.
Fintech Finance
SEPTEMBER 3, 2024
Zilch , the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform.
Fintech Finance
DECEMBER 20, 2024
Klarna , the AI-powered global payments network and shopping assistant, has partnered with Neiman Marcus , one of the largest luxury retailers in the U.S., and famed New York City-based Bergdorf Goodman to offer its range of flexible payment methods online.
Fintech Finance
APRIL 24, 2024
Standard Chartered today announced that it has joined Visa B2B Connect, a multilateral payment network that enables faster and frictionless account-to-account cross-border payments for its corporate clients. We will join as a participant bank and as Visa’s new settlement partner for a set of currencies.
Bank Automation
MARCH 22, 2024
FedNow, launched just eight months ago, has overtaken its main competitor, The Clearing House’s Real-Time Payments network, in terms of the number of banks on the platform.
Finextra
FEBRUARY 23, 2024
TerraPay, a leading global cross-border payments network company, and Diamond Trust Bank Uganda (DTBU), a prominent member of the Diamond Trust Bank Group, today, announced a strategic partnership to expand international money transfers and strengthen financial inclusion in Uganda.
Fintech Finance
NOVEMBER 19, 2024
With this collaboration, the spend management company, which holds EMI licence status in the UK, is set to have greater control of its payment stack and better access to payment networks, giving the company the ability to enhance its payment offering for customers. Morgan Payments.
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