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Orum Teams Up with Visa Direct to Launch Faster Payments

Fintech Finance

.” Orum’s Deliver API: Provides businesses with the simplest API for fast, reliable payments – a modern solution that allows enterprises to move money seamlessly at scale to millions of customers via Visa Direct.

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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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PSR’s Annual Report Shows a Year of Significant Milestones

Fintech Finance

The PSR Annual Report shows that the UK has made progress in regulating payments over the past year. The Payment Systems Regulator (PSR) says that it has made progress in fighting APP fraud, making faster payments more available, and making card fees more clear.

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Accelerating All Stages of the Insurance Process: Edenred Payment Solutions Launches VCN Product

The Fintech Times

Through the VCN product, policyholders can get immediate access to approved claim funds through a virtual payment card. These cards can be easily added to mobile wallets like Google Pay and Apple Pay , allowing direct payments to service providers or merchants without the usual delays.

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What is Click to Pay and How Does It Work?

Stax

The payment system unified all the distinct online checkouts offered by Visa, American Express, Mastercard, and Discover, and once customers register their cards with any of the major card networks, they only need to tap the Click to Pay button on the websites of online retailers and service providers to make payments.

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Waza Launches Lync, a Multi-Currency Banking Platform With Global Payment Rails for Emerging Market Businesses

Fintech Finance

There have also been recent incidents where financial services providers have unexpectedly discontinued services for emerging market businesses, leading to substantial financial losses in the form of uncompleted transactions and disrupted trade flows.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment service provider (PSP).