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
general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina CardServices. He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S., Matt Montes is U.S. which was acquired by Green Dot Corporation.
Texas-based digital gift card platform company Swych has launched a gift cardservice for instant cross-border gifting to India following its recent acquisition of GiftCardsIndia.
As a result of this collaboration, Checkout.com is going to launch Visa Direct’s Push-to-Card solution in the UAE, facilitating cross-border and domestic transactions in the country. It also marks the first organisation to use Visa’s solution in the region.
This global platform offers a range of capabilities, including cardservices, real-time payments, and core banking functionalities, and this is the platform we are using in Colombia alongside Credibanco. Another exciting payments development we’re seeing is in the cross-border market.
TerraPay , a global leader in money movement, has chosen Thredd , a next-generation global payments platform, to power virtual card payments for global suppliers.
Zed (Philippines) Zed card, Source: Zed Zed is a forthcoming credit cardservice in the Philippines that plans to offer a unique, fee-free approach to credit aimed primarily at young professionals, particularly those new to credit or without an extensive credit history. million downloads. With a US$6.6
Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank cardservice that stands out for its innovative use of WhatsApp banking.
Digital payment solutions company Thredd announced a partnership with global payments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market. LianLian, which specializes in cross-border settlement services with instant payouts, selected Thredd to power its Yueda virtual card product.
Multinational payment cardservices corporation Visa has partnered with Revolut to enable instant card transfers for Revolut Business customers and support cross-border transactions.
Cross River Bank, a banking-as-a-service provider to fintechs, has signed Remitly to leverage its new push-to-card international payment service for near real-time remittances.
Paymentology , the global issuer-processor has partnered with Mama Money , the African cross-border money transfer operators, and Access Bank , to launch a new bank cardservice that will utilise WhatsApp banking. “At Paymentology, we are drawn to working with organisations that share our core values.
Tomorrow, Nanu said, particularly in light of its new partnership with Visa as part of the FinTech fast-track program in the Asia-Pacific region, the goal will be to not only offer more remittance services, but change the nature of the remittance product and experience. Serving Consumers And Business.
Among this community is Novo , a mobile-first bank connecting entrepreneurs with bank account and debit cardservices. “In five to 10 years, [banks] will look around and find it’s not about the cross-sell. “The majority of our customers are using ACH,” he told PYMNTS in a recent interview.
Kazakhstan announced the availability to 10+ new CBDC cardservices since the launch of its digital tenge. Latin America and the Caribbean TransNetwork acquired Inswitch to bring cross-border digital payments options to Latin America. based startup Fintech Farm raised $32 million in funding to fuel its expansion to India.
Opaque payments moving sluggishly across borders and between banks. While Visa is best-known for its cardservices, the commercial payments space has to tackle friction for buyers and suppliers whether or not transactions occur on card rails, he said. Spreadsheets. Mounds of paper.
was established on March 31, 1987 and based in Shenzhen, China, specialising in delivering corporate and personal banking services. It concentrates on individual and corporate clients, credit cardservices, and small and medium enterprises. CHINA #1 China Merchants Bank China Merchants Bank Co.,
.” The company currently services 46 million eWallets and an estimated 800,000 physical cards, in addition to about 17 million virtual Mastercard cards, it said. Customers must submit an application to partake in initial testing of the new multi-currency solution, and will need to activate the multi-currency cardservice.
FIS could also be valuable for and financial services pursuits as its suite of technologies range from POS systems to integrated card payments to cross-border payments, and covers both online and offline commerce. With the card, parents can manage spending limits and allocate funds for their children through a mobile app.
Bloomberg had earlier reported that Western Union has been looking for a buyer for its unit that provides cross-border B2B payments services. The company also said it will debut contactless debit cards in the second half of next year. Citi is reportedly advising on the purchase.
” Over the last year, the company also revealed in May that its virtual cardservices will be integrated into MacNair Travel Management’s platform, a corporate travel booking solution. ”
The offering is, at base, a souped-up, pre-paid cardservice offering, with some bells and whistles beyond the basic level of digital services. First, Singapore’s infrastructure is developed extremely well for local transactions, but as money starts traveling cross-border, it is not as well-equipped.
As recently as three or four years ago, the only two games in town were push-to-card options via the card rails, Visa Direct and Mastercard Send. Today, those two services have exponentially increased their range, but are now joined by other options.
Additionally, businesses that rely on quick settlement of transactions, like insurance or consumer refunds, can now meet customer expectations for rapid service. Checkbook’s Global Push-to-Cardservice is now live in multiple countries, with plans to extend its reach further in 2025.
Checkout.com , a leading global digital payments company, is advancing its collaboration with Visa to launch Visa Directs Push-to-Card solution for cross-border and domestic transactions in the UAE. This solution brings a host of benefits, including fast remittances, peer-to-peer (P2P) payments, and merchant payouts.
The Jaywan Card seeks to simplify financial transactions using the UAEs own card network. As the cardservice provider, ISG will ensure high acceptance rates across various merchant categories in the UAE , including retail, hospitality, and e-commerce.
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