Fintech Finance

SEPTEMBER 3, 2024

Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). We’re glad that he accepted our offer to join Computop’s management team to improve quality of processes, services and automation.” As of 2nd September, Kenneth M.

Payment Service Provider (PSP) 98

Payment Service Provider (PSP) Service Provider Automation International Payments 98

Fintech Finance

DECEMBER 11, 2024

By supporting Wero-processing for acquirers, we are going even further and helping merchant banks to open up as quickly as possible to merchants and PSPs for the new European payment method. The post Computop Supports Wero Acquirers in Payment Processing appeared first on FF News | Fintech Finance.

Acquirers 98

Acquirers Process Payments Correspondent 98

Fintech Finance

JULY 3, 2024

PayPoint today announces a call to arms for Group 2 Payment Service Providers (“PSP”) yet to implement the Confirmation of Payee (CoP) service ahead of the mandated deadline of 31 October 2024, to take action now.

Payee 98

Payee Payment Service Provider (PSP) Payment APIs and Integration Service Provider 98

The Fintech Times

NOVEMBER 4, 2024

Currently, the country hosts 10 Payment System Operators (PSO) and 27 Payment Service Providers (PSP). Regarding digital payment systems in Nepal, mobile banking boasts the largest number of customers (over 23 million), while digital wallets follow closely behind (21 million).

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

Fintech Finance

FEBRUARY 10, 2025

Furthermore, the cost-effective modelfree from hidden backend chargesallows Trust Bank to provide competitive pricing to its customers while significantly reducing operational complexities.

International Payments 121

International Payments Payment Solutions Payment Service Provider (PSP) Financial Inclusion 121

Fintech Finance

OCTOBER 9, 2024

Checkout.com , a leading digital payments provider, today announced a strategic partnership with Octopus, Hong Kong’s first homegrown global fintech, to enable online payment for customers of Hong Kong’s leading payment choice – becoming the first global payment service provider (PSP) to add Octopus as a payment option at check-out.

Payment Service Provider (PSP) 98

Payment Service Provider (PSP) Payments APACS Interoperability 98

Fintech Finance

SEPTEMBER 19, 2024

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C.

Central Bank 104

Central Bank Service Provider Payment Service Provider (PSP) Regulatory Compliance 104

Fintech Finance

APRIL 22, 2024

UK Finance, in association with law firm Addleshaw Goddard LLP , is today announcing a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for commercial applications in the UK. This is a positive step forward to help unlock the potential for open banking payments.

Facilitators 52

Facilitators Finance Payment Service Provider (PSP) Payment APIs and Integration 52

Fintech Finance

JUNE 18, 2024

Globally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about 3 billion people served by various organizations, including central governments, payment networks, banks, financial institutions and fintech companies.

Cross-Border 98

Cross-Border Cross-Border Payments Transactions Instant Payments 98

Fintech Finance

OCTOBER 9, 2024

Trillion Digital Payments Market appeared first on FF News | Fintech Finance. Localpayment by Aleph will be exhibiting at the leading fintech show Money 20/20 in Las Vegas from October 27-30, 2024. The post Aleph Acquires Controlling Equity Interest in Localpayment and Targets $1.4

Payment APIs and Integration 98

Payment APIs and Integration Digital Payments Acquirers Payment Service Provider (PSP) 98

The Fintech Times

APRIL 25, 2024

A new report by UK Finance in association with law firm Addleshaw Goddard LLP , has revealed key issues and processes that are needed to develop variable recurring payments (VRPs) for commercial applications. “This is a positive step forward to help unlock the potential for open banking payments.

Finance 59

Finance Payment APIs and Integration Payment Service Provider (PSP) Regulations 59

Fintech Finance

AUGUST 22, 2024

Complete sale transactions with the same card provided at check-in. End-of-day settlement transactions are to inform the payment service provider (PSP) system when the PMS initiates the end-of-day procedure. Purchase, refund and void transactions. Tokenised, secure transactions.

Void 98

Void Payment Service Provider (PSP) Alternative Payment Methods Payments 98

Fintech Finance

JANUARY 31, 2024

PXP Financial , the experts in payments, acquiring, fraud and data analysis services, today announces it has become a GooglePay Payment Service Provider (PSP). Powered by inhouse global acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7

Service Provider 52

Service Provider Payment Service Provider (PSP) Alternative Payment Methods Gateways 52

Fintech Finance

DECEMBER 14, 2023

NymCard , a leading embedded finance services provider, today announced a strategic partnership with CWallet , an award-winning fintech startup with Payment Service Provider (PSP) licensed from the Qatar Central Bank.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Embedded Finance Financial Literacy Financial Inclusion 52

Finovate

JANUARY 19, 2024

This new solution categorizes spending and provides forecasts to help individuals better track their finances. “Together with anb, we aim to transform how customers manage their finances, providing them with tailored solutions that empower them to reach their financial aspirations.”

Payment Service Provider (PSP) 69

Payment Service Provider (PSP) Financial Inclusion PayPal FinTech 69

Fintech News

JULY 3, 2024

While specific fee structures are yet to be finalised, the project team has conducted extensive benchmarking to ensure that Nexus can feasibly provide cross-border payments where the total cost to the sender is within the G20’s 3% target, and potentially even lower.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Instant Payments Central Bank 117

Fintech Finance

FEBRUARY 29, 2024

Buckaroo , a premier omnichannel Payment Service Provider (“PSP”), entered into a strategic commercial partnership with ABN AMRO, where it will become the exclusive provider of cutting-edge merchant payment services to the bank’s clients.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Debit Card Payments PayPal 52

Fintech Finance

JANUARY 24, 2024

Graham joins from Barclays, where he looked after large and rapid-growth companies in the foreign exchange and payments space, driving growth in the bank’s fintech and payment service provider (PSP) offering. Before Barclays, he spent nearly 13 years at Bank of America working in payments and operations.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Best Practices Financial Crimes Payments 52

Fintech Finance

FEBRUARY 13, 2024

ACI Worldwide ( NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a collaboration with RYVYL EU, a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Payment APIs and Integration Acquirers Payments 52

Fintech Finance

JANUARY 16, 2024

Paymob , the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP) announces that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it the first international fintech company to be fully licensed in the Sultanate.

Central Bank 52

Central Bank Payment Service Provider (PSP) Security Cross-Border Payments 52

Fintech Finance

JANUARY 4, 2024

Under this strategic partnership, Worldline will seamlessly integrate Surfboard Payments’ advanced payment solutions into its comprehensive offerings, catering to a diverse clientele ranging from small and medium-sized businesses to large corporations, partners, and other organizations.

Payment Solutions 52

Payment Solutions Payment Service Provider (PSP) Payment APIs and Integration Payments 52

Fintech Finance

JANUARY 9, 2024

Oman Investment and Finance Company (OIFC) has obtained a license from the Central Bank of Oman to operate as a payment service provider (PSP) in the Sultanate. This step reflects the high confidence placed in Khedmah as one of the most reliable digital payment channels in the country.

Security 52

Security Payment Service Provider (PSP) Central Bank Procedures 52

Fintech Finance

JANUARY 2, 2024

In order to lift the conditions associated with its registration and to be able to start operations in France, Circle must obtain an approval as a payment services provider (PSP) or a registration as an agent of a PSP. The appointment of Coralie Billmann remains subject to regulatory approval.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Security Privacy PayPal 52

Finovate

OCTOBER 11, 2024

million in Series A1 financing. “The legacy payment industry is ripe to be disrupted using blockchain technology and stablecoins to provide more efficient and cheaper cross-border payment networks,” RD Technologies CEO Rita Liu said. RD Technologies secures $7.8 With 98% penetration in a region with 7.5

Multi-Currency 104

Multi-Currency Stablecoins Visa Cross-Border Payments 104

Fintech Finance

JUNE 3, 2024

We’re extending our platform to address this problem, meeting the needs of global marketplaces so they can build more flexible, dynamic, and efficient payment ecosystems whilst maintaining collaborative relationships with their sellers around the world, ” said Ramana Satyavarapu, Chief Technology Officer at Nium.

Cross-Border 52

Cross-Border Cross-Border Payments Multi-Currency Payment Service Provider (PSP) 52

Fintech Finance

MAY 29, 2024

In her new role, Rehana’s mission is to strengthen EPS’s offerings, develop strategic partnerships, and reinforce the company’s position in the embedded finance market across the UK and Europe. ” Gilles Coccoli, Chief Operating Officer for Edenred Payment Solutions & New Markets added “True to our purpose “Enrich Connections.

Payment Solutions 52

Payment Solutions Embedded Finance Payments BNPL 52

PYMNTS

OCTOBER 29, 2020

The trouble for businesses is that with this increase in digital transaction volumes comes the need to better manage payments processing. Every time a business adds a new payment service provider (PSP) or currency or expands into a new market, it must optimize its payment flows for cost and efficiency and rethink its payments strategies.

Process 43

Process Payment APIs and Integration Payment Service Provider (PSP) API 43

Stax

NOVEMBER 27, 2023

Even if you’re not in the financial industry, you’ll need a payment processor or payment service provider (PSP) to start generating revenue, which means you’ll need to either have a proper risk management framework in place—or work with a PSP that has one. Q: Why does KYC Know Your Customer matter?

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 88

Fintech Finance

APRIL 4, 2024

With fewer developer resources needed to implement and maintain the payment service provider (PSP), enterprises can allocate time and budget to other business priorities. The post Spryker Selects Stripe as Its Global Payment Services Provider, Expanding Its App Composition Platform appeared first on Fintech Finance.

Service Provider 40

Service Provider Global Payments Payment Service Provider (PSP) Facilitators 40

Fintech Finance

JUNE 5, 2024

By joining forces, we aim to empower emerchantpay’s merchants in the UK and Europe to craft enhanced payment experiences for their customers.” ” The post emerchantpay Partners With TrueLayer to Launch Open Banking Payments for Merchants in the UK and Europe appeared first on Fintech Finance.

Payments 52

Payments Consumer Authentication SWIFT Service Provider 52

Nanonets

MAY 8, 2024

A Payment Service Provider (PSP) acts as an intermediary between merchants and the financial institutions involved in processing online transactions. Stripe is a PSP that offers a suite of services to streamline payment processing and enhance the online shopping experience.

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods Automation 52

Fintech Finance

JANUARY 15, 2025

emerchantpay , a leading global payment service provider (PSP), today announces its partnership with Oasis Travel , a leading independent travel agency in Northern Ireland. Founded in 1984, Oasis Travel has established a strong reputation for personalisation and expertise in Northern Irelands travel industry.

Acquirers 97

Acquirers Payment Service Provider (PSP) Payment Solutions Payments 97

Fintech Finance

FEBRUARY 28, 2025

Already adopted by numerous banks, payment institutions, and many prominent public entities and creditors, PayTAS is a platform that streamlines the collection process and digitizes payments to the Public Administration and other entities participating in the pagoPA system. Phil Brown , Country Manager Italy and Malta, Worldpay.

Payment Service Provider (PSP) 64

Payment Service Provider (PSP) Online and Mobile Banking Payments Digital Payments 64

The Fintech Times

MARCH 21, 2025

As merchants increasingly opt for open banking payments, Tink has revealed that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships.

Payment Service Provider (PSP) 87

Payment Service Provider (PSP) On-Demand Instant Payments Payment Solutions 87

Fintech Finance

FEBRUARY 17, 2025

Market Pay Group today announced the signing of an agreement to acquire Altapay , a payment service provider (PSP) headquartered in Copenhagen, Denmark. Altapay, which serves over 400 merchants, has developed strong expertise in managing online transactions.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Transactions BNPL Service Provider 59

Fintech Finance

FEBRUARY 17, 2025

EBANX , a leading global Payment Service Provider (PSP) specializing in emerging markets, today announced that EBANX Pte. has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Payments Institute 59

Payments Institute Authorization Global Payments APACS 59