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Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

Navigating the ISO 20022 migration: Insights and strategies

Voice of the Industry | Payments General | 19 Apr 2024

Frédéric Viard, Head of Commercial Product Management for Financial Messaging at Bottomline, provides insights into the ongoing ISO 20022 migration, emphasising the importance of readiness, collaboration, and addressing barriers for successful implementation.


ISO 20022, financial institutions, cross-border payments

Ferry and BJ's Restaurants launch payroll card powered by Highnote

News | Payments General | 18 Apr 2024

Ferry has launched a payroll card and instant tip payment solution for BJ's Restaurants, a new card program leveragingHighnote as its issuer processor. 

payout, partnership, payments , POS, embedded finance

Nium becomes a Financial Service Provider in New Zealand

News | Payments General | 17 Apr 2024

US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.

regulation, financial services, payments , PSP

Onbe and ScrapRight revolutionize scrap yard payouts

News | Payments General | 17 Apr 2024

Onbe, a corporate payouts platform, has announced a partnership with recycling management software company ScrapRight.

payout, digital payments, instant payments, cash management, regulation

WSFS Bank launches Early Pay

News | Online & Mobile Banking | 17 Apr 2024

US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.

product launch, ACH, online banking

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

Nuvei launches Invoice Financing services

News | Online & Mobile Banking | 12 Apr 2024

Canada-based fintech company Nuvei has launched new Invoice Financing services integrated into enterprise resource planning (ERP) platforms.

financial services, e-invoicing, product launch, fintech

Uber halts fintech plans in Mexico

News | Online & Mobile Banking | 11 Apr 2024

American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.   

fintech, financial services, financial inclusion, digital payments, debit card

Airwallex launches borderless Visa card for Canadian businesses

News | Cards | 11 Apr 2024

Airwallex has launched the Airwallex Borderless Visa Card in Canada, providing Canadian businesses with a virtual card issued by Peoples Trust Company.

cross-border payments, credit card, debit card, fintech, virtual card

The SILC Group collaborates with Tokeny

News | Cryptocurrencies | 11 Apr 2024

Australia-based alternative assets solutions provider The SILC Group has partnered with institutional tokenization solution provider Tokeny.

partnership, tokenization, digital assets, compliance

AML/sanctions compliance: A vital lifeline for Banking-as-a-Service partnerships' survival

Interviews | Digital Identity, Security & Online Fraud | 11 Apr 2024

Sarah Beth Felix, CEO at Palmera Consulting:  Fintechs must prioritise AML/sanctions compliance, while banks need to assess exploitation risks in their fintech partners' offerings for effective risk management in BaaS partnerships.


AML, regulation, compliance, fintech, financial institutions, banks, risk management

Hokodo receives EUR 100 million debt facility

News | Payments General | 08 Apr 2024

UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.

debt facility, funding, B2B payments, online payments, merchant, marketplace, BNPL

Navigating global payments and commerce: perspectives from PPRO

Interviews | Payments General | 08 Apr 2024

We interviewed the CEO of PPRO, Motie Bring, to learn more about the pivotal milestones of 2023 for the company, as well as the strategies for global growth and insights on the evolving payments landscape. 

ecommerce, payments , cross-border payments, funding, instant payments, local payment method, recurring payments, gig economy

Swan partners with Wise Platform

News | Payments General | 04 Apr 2024

France-based Embedded Finance platform Swan has entered a collaboration with Wise Platform in a bid to allow its clients to transfer money from over 190 countries.

partnership, payments , money transfer, online payments, digital payments

Piermont and Sutton banks face FDIC consent orders

News | Digital Identity, Security & Online Fraud | 04 Apr 2024

In February 2024, Piermont Bank and Sutton Bank each became subject to consent orders issued by the Federal Deposit Insurance Corp.

BaaS, fintech, consent, regulation, AML

FedNow: addressing the glacial pace of instant commercial payments adoption in the US

Voice of the Industry | Payments General | 29 Mar 2024

Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service. 

FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection

TD Bank launches new banking products

News | Online & Mobile Banking | 28 Mar 2024

US-based financial institution TD Bank has announced the launch of TD Complete Checking and TD Early Pay, aiming to simplify and improve the banking experience. 

product launch, online banking, digital banking, customer experience, mobile banking

Insights into European payment regulations for 2024 (and beyond)

Voice of the Industry | Payments General | 27 Mar 2024

The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments

instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance

Qonto rolls out its in-house financing offer 'Pay later'

News | Online & Mobile Banking | 26 Mar 2024

France-based business finance solution Qonto has launched its in-house financing solution ‘Pay later’ to extend its business banking products offering.

BNPL, instalment payments, financing , lending, SMEs