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Provider of intelligent, verified payout solutions Verituity has announced a partnership with Mastercard to integrate Mastercard Move.
partnership, payments , real-time payments, financial services
AI-powered global payments network Klarna has announced the launch of its Wikipink product, a data hub with information on how UK clients use the company’s solutions.
product launch, data sharing, payments , credit scoring, online payments, mobile payments, digital payments, ecommerce
A US judge ruled that Walmart could end its credit card collaboration with Capital One early, as the bank failed to provide the needed level of client solutions.
compliance, fraud management, banking, online banking, mobile banking, digital banking, regulation
The Swiss Financial Market Supervisory Authority (FINMA) has announced that it fined private financial institution Bank Audi for violating money laundering regulations.
regulation, compliance, AML, money laundering, fraud prevention
Australia-based credit and payment platforms provider Shift has partnered with payments orchestration platform PayFURL.
partnership, payments orchestration, ecommerce, embedded finance
Louis Wapler and Euan Jones from Edgar, Dunn & Company offer insights related to the power of recurring payments in the context of B2B subscription commerce.
cross-border payments, ecommerce, B2B payments, recurring payments, accounts receivable, fintech, ERP
Cryptocurrency exchange Binance has received approval from a US judge to pay USD 4.3 billion for violating anti-money laundering (AML) and sanctions laws.
AML, cryptocurrency, cryptocurrency exchange, regulation, KYC
Canada-based payments gateway Zum Rails has raised USD 7.78 million to expand its all-in-one payments gateway, including new Banking-as-a-Service offerings.
Open Banking, FedNow, instant payments, expansion, BaaS
Following struggles to comply with local regulations, Binance is facing bans in The Philippines. Nigeria is also on the offensive against Binance and similar crypto firms.
cryptocurrency, cryptocurrency exchange, digital assets, regulation, compliance
Bob Hoyler of Euromonitor discusses slowing growth, citing changing consumer behaviour. Despite challenges, cross-border ecommerce thrives, driven by marketplaces.
ecommerce, cross-border payments, behavioural biometrics, marketplace, research
India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.
product launch, fintech, mobile payments, POS, refund
Gabriel Lucas and Chaira Mekkaoui, Associate Directors at Redbridge, discuss payment optimisation strategies for better acceptance rates.
payments , payment methods, ecommerce, PSD2, merchants, SCA, fintech, tokenization, authorisation rate
UK-based Virgin Atlantic Airlines and its affiliated tour operator, Virgin Atlantic Holidays, have partnered with CellPoint Digital, a payment solutions provider for the airline industry.
partnership, online platform, payment processing, travel payments, online payments
Shaun Vanderkaap, VP of Sales and Marketing at Link Money, talks about low-cost payment methods alternatives and the potential of Pay by Bank for merchants in the US.
payments , payment methods, merchants, Open Banking, account-to-account payment, digital wallet, BNPL, credit card, ecommerce, customer experience, biometric authentication
Cryptocurrency exchange Binance has agreed to pay USD 4 billion to settle an investigation from the US Department of Justice.
AML, cryptocurrency exchange, compliance, regulation
Singapore-based revenue-based financing and growth platform Choco Up has partnered with Bueno and Allianz Trade.
partnership, ecommerce, BNPL, B2B payments
The Paypers looked into the most relevant investments that were announced during Q3 2023 and discovered an overall preference for digital banking, fintech solutions, lending, and fraud prevention strategies.
investment, funding, expansion, payments , banks, ecommerce, The Paypers Quarterly Analysis series
Philip McHugh, Executive Director at FlexCharge, shares his thoughts on the importance of a customised checkout process providing customers with multiple payment methods to choose from.
payment methods, local payment method, payments , ecommerce, BNPL, merchants, marketplace, digital wallet, real-time payments, tokenization, chargebacks, checkout optimisation , growth markets
US-based sticky.io has partnered with FlexCharge to decrease cart abandonment and lost revenue due to payment failures.
partnership, online payments, ecommerce, payment methods, artificial intelligence, subscription payments
Razorpay has launched a payment infrastructure called Optimizer, an AI-powered system to protect businesses from annual losses of over USD 841 million due to transaction failures.
artificial intelligence, transactions , online payments, digital payments, payment gateway