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Toku secures USD 9.3 million in funding

News | Payments General | 18 Apr 2024

US-based recurring payments platform Toku has raised USD 93 million in a new funding round to fuel expansion in Mexico, Brazil, and Chile.

recurring payments, digitalisation, expansion, funding, digital payments

Klarna to launch its credit card in the US

News | Payments General | 18 Apr 2024

AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence. 

product launch, BNPL, credit card, payment methods, expansion

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

CIP announces a strategic partnership with Paynt

News | Online Payments | 17 Apr 2024

Payment solutions provider CIP has announced a strategic partnership with Paynt to expand the former’s payment product portfolio.

partnership, financial services, payments , SMEs

iDEAL introduces profile creation

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

Online payment method iDEAL has announced that it introduced profile creation capabilities, which allow accelerated and more secure checkout experiences. 

product launch, product upgrade, online payments, checkout optimisation , ecommerce

Presenting crypto payments trends – a CoinsPaid perspective

Interviews | Cryptocurrencies | 16 Apr 2024

CoinsPaid CEO and co-founder Max Krupyshev highlights the latest trends and developments in the crypto space.

cryptocurrency, merchants, Bitcoin, online payments, MiCA

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

Kueski launches in-store Kueski Pay for BNPL transactions

News | Online Payments | 10 Apr 2024

Kueski, a prominent player in the buy now, pay later (BNPL) and online consumer lending sector in Latin America, has announced the forthcoming launch of the in-store version of Kueski Pay.

fintech, financial inclusion, mobile payments, retail

Road and Worldline partner for EV charging payments

News | Payments General | 10 Apr 2024

Netherlands-based EV charging platform Road has partnered with Worldline to address payment processing and regulatory burdens for EV charge point owners.

payment processing, payments infrastructure, Acquirer, regulation, payment methods

TerraPay receives MPI licence from the MAS

News | Payments General | 09 Apr 2024

UK-based payment services provider TerraPay has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

money transfer, remittance, MPI licence, cross-border payments, regulation

Experian to acquire illion

News | Online & Mobile Banking | 08 Apr 2024

Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand. 

acquisition, digital wallet, e-wallet, BNPL, credit scoring

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

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.

KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy

MoneyGram partners with Tencent Financial Technology

News | Online Payments | 05 Apr 2024

Global financial technology company MoneyGram has entered a collaboration with Tencent Financial Technology in a bid to enable digital remittances in China. 

partnership, online payments, ecommerce, financial inclusion, financial services, cross-border payments

Ripple to issue USD-backed stablecoin

News | Cryptocurrencies | 05 Apr 2024

US-based crypto solutions company Ripple has planned to issue a stablecoin, pegged 1:1 to the US dollar.

stablecoin, XRP, Ethereum, blockchain, DeFi

Why we haven't seen a global Banking-as-a-Service provider. Yet.

Voice of the Industry | Online & Mobile Banking | 05 Apr 2024

Shaul David, Embedded Finance Advisor Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.

BaaS, banking-as-a-service, embedded finance, fintech, banks, payments

Ecommpay expands partnership with GoCardless

News | Online & Mobile Banking | 04 Apr 2024

UK-based international payments service provider Ecommpay has extended its partnership with GoCardless to increase UK and EU market coverage and solidify its position. 

partnership, payment methods, SEPA Direct Debit, payments , Open Banking

Treasury Prime partners with Narmi

News | Payments General | 03 Apr 2024

US-based software company Treasury Prime has announced its strategic partnership with Narmi aiming to allow its customers to send and receive money instantly. 

partnership, FedNow, real-time payments, financial services, financial institutions

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

The Paypers launches the Global Overview of Payment Providers Report

News | Ecommerce | 28 Mar 2024

The Paypers has launched the 2024 edition of the Global Overview of Payment Providers Report, the most recent market analysis of the B2B and B2C ecommerce payments ecosystem.

payments , report, product launch, M&As, investment, payment methods, payment gateway, merchants, marketplace, tokenization, FX , paytech, POS, recurring payments, B2B payments, embedded finance, fintech