This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Home News Payments Stripe buys payments API provider Orum Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Stripe buys payments API provider Orum Stripe has acquired payments orchestration firm Orum.
This embedded capability allows merchants to: Accept payments in 140+ currencies Secure competitive FX rates Offer real-time pricing transparency at checkout Reduce currency risk and operational complexity Connect via a streamlined API By embedding this solution into Getnets acquiring services, merchants gain flexibility, improved revenue potential, (..)
Stripe is acquiring payment orchestration startup Orum to enhance its real-time payments capabilities, including FedNow, RTP, and AI-driven instant payouts. The move follows Stripe’s earlier acquisitions of stablecoin platform Bridge and user data API company Privvy. Terms of the acquisition were not disclosed.
With its robust bank integrations, a modular API and modern dashboard, Numeral’s platform will enable Mambu to capitalise on this market opportunity. The post Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities appeared first on FF News | Fintech Finance.
Silverflow’s API-first, cloud-based platform enables flexible card acquiring and individual BIN setups. Deutsche Bank acts as the acquirer plus optional PSP & cash management services, allowing merchants to tailor transaction costs, settlement timing, and risk parameters to their needs.
Home Announcements Payments Nuevei becomes direct local acquirer in Canada External This content is provided by an external author without editing by Finextra. Nuevei becomes direct local acquirer in Canada Nuvei local acquiring Canada status marks a pivotal moment for the country’s payments ecosystem.
Cloud banking platform Mambu has made its first acquisition, acquiring French fintech Numeral to enhance its payment capabilities and expand its market reach. The company’s API allows organizations to access payment schemes and connect to partner banks, including BNP Paribas, Barclays, HSBC, and ABN AMRO. million (13 million).
Klap , one of Chiles fastest-growing acquiring networks, has achieved a significant milestone by launching Visa and Mastercard acquiring services in partnership with BPC , a global leader in payment solutions. Through this transition, Klap is now one of the few players in the region fully equipped to lead in modern acquiring.
tapi is acquiring Arcus’ cash payments operations, including bill pay, top-ups, gift cards, and cash-in/out. In a move to expand its regional footprint, Argentina-based tapi unveiled it will acquire the cash payments operations of Mastercard -owned Arcus.
Merchants partner with acquirers or payment processors to enable transactions. Acquirer (Merchant’s Bank) : The acquirer , often referred to as the acquiring bank, is the financial institution or processor that partners with merchants to process their transactions. hosts over 320 active merchant acquirers.
Cashfree Payments , India’s leading payments and API banking company, today announced that it has received the Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) license. Cashfree Payments is expanding its presence in the UAE region outside of India through its acquired partner, Telr.
Home News Regulation Payments fintech Navro acquires first US licence Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Through adding core banking, treasury functions and acquiring under one roof, Deutsche Bank has differentiated its offering, attracting inquiries from competitors’ clients seeking a one-stop, technology-driven payments solution. Authorisation rates also remain consistently high, protecting merchant revenues and minimising failed transactions.
Types of payment systems include hosted gateways, self-hosted gateways, and API-based payment systems. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. Acquiring bank – Acts as the link between the merchant and the issuing bank.
These credentials are acquired through phishing, information stealing malware, or dark web purchases, targeting usernames, passwords, and session cookies that bypass MFA. Application program interfaces (APIs) are also frequent targets.
Stripe launched in 2010 , targeting developers and small online businesses with easy-to-use APIs. Indeed, Adyen highlights its direct acquiring connections to Visa/Mastercard and even domestic networks, claiming it can optimize approval rates via intelligent routing (their RevenueAccelerate tools).
That regional reach, combined with a single API integration, enables clients to manage collections and payouts across borders from one platform. “Clients access the pay-in and pay-out service through a unique regional API, which, with a single integration, allows them to operate in all the countries where we have a presence.”
BNZ has acquired open banking payments company BlinkPay to enhance its focus on real-time, bank-to-bank payment solutions across New Zealand. BNZ announced today it has acquired fellow New Zealander BlinkPay , an open banking focused payments company. Financial terms of the acquisition were not disclosed.
From API to no-code integration, the company’s frictionless, white-label payment solutions are designed to blend smoothly into existing business operations, all while upholding the highest standards of security and compliance. Finally, the last Asian player in the list is Hong Kong’s Currenxie.
It has established local acquiring capabilities across more than 40 countries and regions, including six core Southeast Asian marketsIndonesia, Malaysia, Singapore, Thailand, the Philippines and Vietnam. Failure to accommodate these preferences often leads to abandoned transactions and lost revenue.
Together with our local strategic partners Telr, our combined solution ensures access to popular payment methods, improved performance through local acquiring, and flexible remittance solutions, making their expansion into the UAE both seamless and successful.
Acquiring Bank The acquiring bank processes the transaction on behalf of the merchant. Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Facilitates Clearing : The acquiring bank forwards the transactions to the respective card networks, which route them to the issuing banks.
This is made possible by operating with proprietary infrastructure and direct connections with banks, acquirers, and local payment systems. Clients access the pay-in and pay-out service through a unique regional API, which, with a single integration, allows them to operate in all the countries where we have a presence,” said Brero.
Nomupay’s unified payment platform streamlines payment processes—including acquiring, treasury, and payouts—for businesses operating in fragmented, emerging markets. SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability.
Unlike static gateway or acquirer tokens, network tokens adapt in real time to changes such as card reissuance or expiry, ensuring continuity in payment flows. Global standard-setting bodies such as EMVCo have begun aligning specifications to ensure token interoperability across issuers, acquirers, and networks.
Acquiring bank This is the merchant bank that allows the business to receive money from card transactions and store these funds. You Need an Acquiring Bank or Merchant Service Provider Apart from credit card associations, the other key parties involved in processing these payments are a merchant services provider and an acquiring bank.
That job belongs to payment processors — the companies that provide merchant accounts, handle transaction authorization, manage settlement, and often supply the point-of-sale hardware or APIs for integration. These processors serve a wide range of merchants, offering everything from point-of-sale hardware to developer-friendly APIs.
They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Acquiring Bank: The business’ (i.e., merchant’s) bank.
Rely on Multiple Acquirers Relying on a single acquirer puts all your eggs in one basket. Using multiple acquirers lets merchants route transactions smarter — for example, sending European cards to a European bank. If one route fails, another can take over. If one route fails, another can take over.
Fiserv has acquired Australia-based PayFac Pinch Payments to strengthen its digital payments offerings and expand its merchant reach across the Asia Pacific region. Payments innovator Fiserv has acquired Australia-based payment facilitator (PayFac) Pinch Payments for an undisclosed amount. Terms of the deal were not disclosed.
Over time, it expanded into a full-service payment service provider, offering acquiring, processing, gateway, and fraud management services through a single, unified platform. Today, Checkout.com operates in over 150 countries, holds acquiring licences in key regions including the UK, EU, US, and MENA.
Enter fintechs, like the Philippines-based Salmon, who leverage agility, talent, and innovation to not only compete and collaborate with banks, but acquire banks and transform into full-fledged financial institutions. The pressure to stay ahead continues to mount as customers demand more immediate and user-friendly experiences.
Fabrick acquires finAPI in a move that strengthens its position in Europe’s open banking landscape. The acquisition brings together two major players in API-based financial innovation, aligning with Fabrick’s broader mission to enable embedded finance across the region.
A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.
The platform leverages RS2’s API-first, cloud-native architecture alongside Visa’s global network and value-added services, enabling clients to quickly roll out new features, manage cross-border operations efficiently, and meet regulatory demands within a secure, real-time environment.
To build a modern infrastructure that underpins the broader institution, JPM acquired payments fintech Renovite Technologies in 2022. The banks differentiator, however, lies in its self-built global payments infrastructure, backed by internal merchant acquiring, FX services, and direct access to local clearing networks.
Cloud Edge enables issuers, acquirers, network enablement partners, processors, and other payment providers to connect directly to Mastercard via cloud infrastructure rather than relying on traditional, on-premise systems.
require card networks and large acquirers to publish the fees they charge. The proposed reductions to interchange caps would benefit small businesses the most, as they tend to pay fees closer to the existing caps. Introducing caps on foreign interchange fees would help to lower fees for all businesses accepting international cards.
Each one comes with its own APIs, integration flows, and validation rules. Adding PayPal is different from integrating an acquiring connection or a BNPL provider. Most merchants end up integrating with a fraud provider or API to run checks before processing the payment. No scattered APIs. Customer Authentication.
The platform integrates seamlessly with payment service providers (PSPs) and acquirers, allowing clients to manage diverse payment channels with ease. These clients rely on NORBr’s advanced infrastructure for seamless payment processing, data insights, omnichannel, and API-first capabilities.
The firm has also expanded its strategic relationship with PayPal , with plans for PayPal to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan also says that it plans to make Klarnas buy now, pay later (BNPL) payment options available to businesses that rely on J.P. The post J.P.
Aevi s approach, enabling businesses to work with multiple acquiring partners through orchestration, not only enhances resilience but delivers substantial cost-saving benefits. “Aevi is a leader in this rapidly growing field, offering centralised, multi-acquirer orchestration for both online and in-person payments.
A solution for both sides of the payments flow For acquiring customers: Merchants using payabl.’s ’s acquiring solution can now offer SEPA Direct Debit as a customer payment method, ideal for subscription models, media services, and other recurring billing use cases. With payabl.
For instance, Mastercard acquired Vocalink in 2017 to enter the ACH and real-time payments space (today it directly participates in or powers multiple domestic bank transfer schemes). Many of these services are delivered via APIs on the Mastercard Developers platform and through partnerships.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content