Payment Savvy

JULY 27, 2020

A report done by Thales Data Security in 2018 revealed three-quarters of companies offering online payment acceptance in the US had encountered at least one type of cyber insecurity. This considerable percentage can be very discouraging for business owners interested in adding web payments to their payment arsenal.

Payment Gateways

Fintech News

AUGUST 12, 2024

Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. OPES Insurance: Founded in 2018, OPES Insurance is a leading digital insurer serving the Vietnam market. ZaloPay: Established in 2018, ZaloPay is a mobile wallet and payment platform associated with the Zalo messaging app.

FinTech

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank

Stax

DECEMBER 6, 2024

One of the most notable events in Worldpays history was its 2018 merger with Vantiv, a leading U.S.-based based payment processing company. Worldpay Today: An Independent Entity Now an independent entity once again, Worldpay continues to offer comprehensive payment processing services to businesses globally.

Payment APIs and Integration

PYMNTS

FEBRUARY 26, 2020

Finablr , a Saudi Arabia-based global platform for payments and foreign exchange solutions, has announced that its network brand, BayanPay , has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA). BayanPay was founded in Riyadh in 2018.

Authorization

PYMNTS

OCTOBER 14, 2019

percent less than 2018. According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018 and is projected to grow 35.4 percent between 2018 and 2025. percent between 2018 and 2025. There was a total of 1.6 percent from a year ago.

Contactless Payments

PYMNTS

FEBRUARY 12, 2019

Ninety-five percent of these retailers offered plan options, for instance, in Q4 2018. To purchase his offering, consumers can pay either through the PayPal or Stripe payment gateways, and they select a membership plan when they purchase their IoT wobbler dog toys on PupPod’s site.

Venmo

PYMNTS

JUNE 6, 2019

According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018, and is projected to grow 35.4 percent between 2018 and 2025. The global mPOS industry was valued at $26 billion as of 2018, and is projected to grow 35.4 In the U.S.,

Contactless Payments

Fintech News

JULY 23, 2024

Aspire’s platform has quickly gained popularity in Southeast Asia, tripling its annualized total payment volumes in 2023 to US$12 billion. Founded in 2018, Aspire has raised more than US$300 million from world-class investors, included Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. trillion (US$7.2 trillion (US$3.4

FinTech

Fintech News

JUNE 3, 2024

In the lending space, the number of peer-to-peer (P2P) borrower accounts reached 30 million in 2021, rising at a compound annual growth rate (CAGR) of 50% between 2018 and 2022. Total loan disbursement totaled US$17 billion in 2022, representing an annual growth rate of 140% between 2018 and 2022. year-over-year, reaching 10.3

FinTech

PYMNTS

JULY 27, 2020

is constantly exploring and expanding our local payments solutions to provide more buying flexibility to our customers. B2B Payments Players Look to Expand. 2018 saw a substantial increase in mergers and acquisitions in the payments space as existing players looked to build the platforms required to compete.

PayPal

PYMNTS

SEPTEMBER 5, 2019

The company, which is based in San Francisco and has offices in Ghana and Kenya, will give people in Nigeria access to its peer-to-peer (P2P) payment service through a partnership with payment gateway company Paystack. The company, which launched in October of 2018, will set up shop in Lagos.

FinTech

The Fintech Times

JANUARY 31, 2025

Sharakah provides financial support and post-financial to SMEs in Oman Oman Technology Fund Aims to put Oman firmly on the map of knowledge leaders in the Middle East Oman Banks Association (OBA) A non-profile professional association for the countrys banking industry Breakdown of sector: Image Source: The Fintech Times Timeline of key fintech (..)

FinTech

PYMNTS

OCTOBER 14, 2019

percent less than 2018. According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018 and is projected to grow 35.4 percent between 2018 and 2025. percent between 2018 and 2025. There was a total of 1.6 percent from a year ago.

Contactless Payments

Fintech News

MARCH 6, 2024

She also won the EY Entrepreneur Of The Year Australia Southern Region award 2018. Caecilia Chu, Co-Founder and CEO, YouTrip Caecilia Chu is the Co-Founder and CEO of YouTrip , Singapore’s multi-currency mobile wallet established in 2018 to offer users a seamless and affordable way to manage multiple currencies on-the-go.

APACS

Fintech News

MARCH 26, 2024

. #3 SafexPay (India) SafexPay provides a comprehensive payment solution for businesses globally. It offers a range of services including a white-label payment gateway for banks and institutions, and an all-inclusive payment gateway solution for merchants. #4

FinTech

PYMNTS

AUGUST 15, 2019

Mastercard announced it has made a deal with Artajasa Pembayaran Elektronis, an Indonesia-based payment switching company, to work together on the country’s gateway apparatus for payments, according to Reuters. In 2018, there were 6.4 Mastercard said the collaboration could eventually include eCommerce payments.

Visa

PYMNTS

OCTOBER 5, 2020

This is a sharp decline from 2018, when 42 percent of such providers said the same. Merchants may also look to payments orchestration platforms to help them manage compliance needs. Retailers already turn to these one-stop solutions to connect with different payment gateways and tokenize their card data.

Data Breach

CB Insights

DECEMBER 4, 2019

In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. In March 2018, Greenlight Financial announced crossing 100,000 customers, growing its customer base 300% since the investment. That scale would make Amazon Go a $4.5B Amazon SMB Lending. in 2017 and 2.6%

Online and Mobile Banking

CB Insights

FEBRUARY 13, 2020

Many leading tech companies — including Google (Checkout), Yahoo (PayDirect), and Microsoft (Passport) — tried to compete with PayPal to gain a foothold in the online payments market, but ultimately shuttered these product lines in the mid-2000s. Michelle Wilson, formerly General Counsel at Amazon (2018). Grow the the internet economy.

Online and Mobile Banking

The Paypers

MARCH 30, 2018

(The Paypers) Indian Railway Catering and Tourism Corporation (IRCTC) has announced the roll out of an in-house payment gateway, ipay, in the following months of 2018.

Payment Gateways

Finovate

OCTOBER 4, 2024

The Intelligence Fabric leverages Backbase’s Grand Central Integration Platform-as-a-Service, which unifies data from multiple sources, including core banking systems, payment gateways, fintechs, and non-fintech systems such as CRMs. Check out this roster of Dutch fintechs that have demoed their innovations on the Finovate stage.

Innovation

PYMNTS

FEBRUARY 5, 2020

And retailers have been turning to flash sales to drive transactions — 40 percent of them had such sales during the 2018 holiday shopping season. Witness Alibaba ’s Singles Day late last year, which notched $38 billion in sales. Unified Commerce Efforts.

Authentication

PYMNTS

DECEMBER 12, 2019

Instant payments can offer businesses flexibility, reassurance and security by ensuring faster fund delivery, while also furnishing companies with updated financial information that will enable timely investment decisions. banks reporting in 2018 that they would provide real-time payments. . A December 2018 survey of 57 U.S.

API

PYMNTS

FEBRUARY 21, 2019

which is dedicating more of its stores to grooming and other services customers can’t get online, said it returned to growth in late 2018 after a stretch of declines.”. billion in pet products sales in 2018, a more than 30 percent increase over the previous year, according to estimates by Packaged Facts, a market research firm.”.

Product

PYMNTS

JULY 9, 2018

Gross transaction value includes recharges, bill payments to peer-to-peer transactions via UPI, peer-to-peer Walter transactions and all purchases made on the Paytm Mall and Paytm payment gateway. It does not include NEFT, debt or credit card transactions.

Payment Gateways

Finovate

OCTOBER 11, 2024

Finovate participated in the city’s Fintech Week back in 2018 as part of FinovateAsia. American Express Middle East forged a partnership with Dubai-based payment gateway Telr. Hong Kong Fintech Week begins on October 28 and extends through November 1.

Multi-Currency

PYMNTS

AUGUST 7, 2019

Financefeeds reported that the HKMA, in its latest update to implementation of the Open Application Programming Interface (API) Framework for the banking sector, which dates back to July 2018, is readying for the second phase, known as Customer acquisition. As noted last week. The solution is currently in beta phase, reports noted.

API

PYMNTS

FEBRUARY 7, 2019

On the PupPod website, consumers can pay either through the PayPal or Stripe payment gateways, and they choose a membership plan when they purchase their wobblers on PupPod’s site. Consumers can buy the wobbler – as well as the dispenser – through the websites of both companies. The IoT Pet Toy Market.

Product

PYMNTS

JULY 23, 2019

The global digital payments market was valued at $3.4 billion in 2018 and is expected to reach $7.6 But it’s countries like China and India where the economy developed a mobile-first mindset that is driving real growth in digital payments. billion by 2024, a CAGR of 13.7 percent, during the forecast period of 2019-2024.

Economy

Fintech News

OCTOBER 22, 2024

In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to small and medium-sized enterprises (SMEs), including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution.

FinTech

PYMNTS

MARCH 21, 2019

As it stands, the two platforms are said to have been integrated, and customers of APACPAY can tap into local payment choices. The payment platform from PagBrasil offers services from money collection to cross-border remittances. billion transactions for mobile payments in 2018, with 277.39 trillion yuan in total volume.

ATM

Fintech News

MARCH 18, 2024

The company operates TrueMoney, a fintech platform and super-app that provides products and services including the TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway, and Remittance. TrueMoney claims 27 million users, of which 17. million being active users.

FinTech

Fintech News

JUNE 10, 2024

Yeshu Agarwal, 29, Co-Founder and CTO, Transak, India Yeshu Agarwal is the co-founder and CTO of Transak, a web3 payment gateway that simplifies the buying and selling of cryptocurrencies and non-fungible tokens (NFTs). He joined the firm back in 2018 as an analyst, where he honed his expertise for two years.

FinTech

PYMNTS

JANUARY 10, 2020

billion in a 2018 funding round. Ten years ago, the world of payments and commerce was in a very different place. Are Virtual Cards The Future Of B2B Travel Payments? Amir Rubin, a former UnitedHealth group executive, succeeded Lee. One Medical was valued at about $1.5 Who Will Shape The Future Of The Connected Economy?

PayPal

PYMNTS

SEPTEMBER 3, 2018

Payments Initiatives In Africa. Separately, Finserve , a wholly owned subsidiary of Equity Group, announced its launch in August and is offering the Jenga API and Jenga Payment Gateway. The first part of the initiative will be completed at the end of September and should be fully available by May 2018, allAfrica reported.

Blockchain

The Fintech Times

JULY 9, 2024

With this new licence, EdfaPay is set to bring its financial solutions, including Soft POS and Payment Gateway, to merchants and customers across Morocco, with a commitment to leveraging expertise and sustainable technology. Fairlo launched in Sweden in 2018 and received its FCA licence in the UK last year.

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