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Neonomics Acquires U.K. Open Banking Platform, Ordo

Fintech Finance

The Neonomics Group, has completed the acquisition of Ordo , an open banking payments and data service provider based in the UK. Founded by the former management team of the UK Faster Payments scheme, Ordo is an FCA authorised open banking payments innovator and one of the very first to be licensed as such in the UK.

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Elite Acquires Tranch, a Leading B2B Payments Platform, to Transform Billing and Payment Processes for Law Firms

Fintech Finance

In 2024, Tranch more than tripled its payment volume with many of the largest global law firms, including Elite customers, to help facilitate easier and faster payments through automation and innovation. We are excited to join Elite as we scale our capabilities further and continue our rapid, product-led innovation.

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Worldpay Acquires Ravelin to Help Merchants Battle Fraud

Finovate

Worldpay plans to acquire AI-driven fraud detection company Ravelin. Ravelin’s cloud-based platform helps merchants combat online fraud, secure accounts, and improve payment authorization rates through partnerships with data providers like Ekata and Ethoca. Financial terms of the deal were not disclosed.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Payment processor – Handles the technical aspects of the payment. 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.

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Peruvian Fintech Do Payment Expands in Latin America and Launches New Payment Solution

Fintech Finance

With the acceleration of digital commerce, both users and companies are demanding faster payments, especially in sectors where payments are a challenge, such as sports betting and online gaming. This launch marks a pivotal move to meet the region’s growing demand for secure, seamless, and inclusive financial services.

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Webinar Recap | Scaling Payments: Strategies to Attach and Amplify Processing Volume

Stax

In today’s competitive SaaS landscape, simply acquiring customers isn’t enough. The real key to sustainable growth and increased revenue lies in maximizing payment attachment – the adoption and usage of integrated payments by your existing customer base.

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Banks and the Power They Hold

Fintech Review

Central bank systems such as the UKs Faster Payments or the USs Fedwire rely on banks to distribute access. They invest in innovation labs, join fintech accelerators, and acquire promising startups. Even if you use a fintech app to pay someone, that transaction often settles through a bank-controlled network.