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
Thanks to Adyen Uplift, businesses can optimize the full payments funnel with AI. AI-powered payment optimizations bundled in a single product suite are trained on Adyens global transaction dataset. Adyens AI selects the best routes with the best rates for transactions to help minimize total cost of payment.
trillion across countries annually—around a quarter of global GDP—at an estimated cost of $120 billion in transaction fees annually. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally. Global corporations move $23.5
Since becoming a technology partner in 2022, GoCardless has played a vital role in Aryza’s paymentsolutions. This initiative gives Aryza customers more choice, providing merchants with an effective alternative for instant, one-off payments while reducing the costs associated with traditional card transactions.
XMDS Holding , renowned for its flagship company Ximedes, a pioneer in software solutions for FinTech and FareTech, proudly announces the launch of XPP. XPP becomes the umbrella organisation under which the specialised paymentsolutions Vayapay, Ginger Payments, KUARIO, and Pecunda operate.
Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment service providers (PSPs). Cross-border paymentsolutions : Cross-border commerce represents a significant growth opportunity but introduces substantial challenges.
Kenyan fintech startup Leja has achieved remarkable growth, processing $2 billion in B2B payments since launching its B2B payments service in Kenya earlier this year. This milestone reflects a 30% month-over-month growth rate and a cumulative 300% increase in B2B transactions within a year.
As your business grows, the tools powering it need to evolve tooand that includes your paymentsolution. From handling higher transaction volumes to enabling new revenue models, the right system should grow with you and streamline both your operations and your customers checkout experience. The right system simplifies growth.
To tackle this issue, Edenred PaymentSolutions has launched a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders. Reimbursements can take weeks, but withEdenred PaymentSolutions’ VCN product, this wait time can be cut down.
Chargebacks911 , a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt , a leading innovator in cloud-based, remote paymentsolutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse.
Mollie aims to offer a hyper local experience tailored to the specific needs of Italian businesses Mollie offers a range of localised paymentsolutions tailored to the Italian market, including key payment methods such as Satispay and Bancomat Pay. We couldn’t be happier with our decision to partner with Mollie!’
Today, The Clearing House and BNY (NYSE: BK), announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit. The post BNY Sends Largest Instant Payment in U.S.
This partnership will benefit Educational institutes by seamlessly integrating regional payment gateways, enabling smoother fee collections, improved financial transparency, and efficient management of transactions. By adopting localized payment gateways, institutes can gain access to cost-effective and widely adopted payment options.
Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind paymentssolution on Bank of Shanghai ’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.
Additionally, Wix users will be able to leverage Worldlines paymentsolutions that support local card schemes to seamlessly process transactions with customers preferred payment methods whether via credit, digital wallet or local card schemes.
Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital paymentsolutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform.
The first project that is taken on by XPP and Oxivo in this strategic alliance will combine XPP’s innovative payment services, based on the Vayapay and Ginger platforms, with Oxivo’s deep market expertise and established presence in Turkey.
This license enables dLocal to offer a comprehensive suite of regulated paymentsolutions to UK-based merchants, including seamless pay-ins and payouts, cross-border transactions, and advanced fraud controls.
Trustly , the global leader in Open Banking payments, is solidifying its presence in Italy with a remarkable 63% year-on-year increase in transactions. As a pioneer in account-to-account payment technology, Trustly leverages Open Banking to offer both consumers and businesses a comprehensive suite of payment and data solutions.
With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance.
Boost PaymentSolutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments.
PSP) is pleased to announce an agreement to acquire the NCR Atleos debit card production and transaction processing business that services a number of credit unions, financial institutions and payment networks in Canada. PSP Services Inc. ” The post PSP Services Inc. .” ” The post PSP Services Inc.
Leading European fintech myPOS has acquired UK-based paymentsolutions provider UTP Group Ltd (UTP) , reinforcing its commitment to delivering advanced paymentsolutions to small and medium-sized enterprises (SMEs) across the UK and Europe.
HSBC has launched Smart Transact, an innovative and adaptable one-stop payments management solution, designed to equip ambitious businesses with the capabilities they require for international growth.
Embedded finance and multi-banking give corporates greater control, new revenue streams, and stronger networks, unlocking value beyond traditional banking. Furthermore, they can spread these services across multiple providers to lower transaction costs.
Cross River Bank , a technology infrastructure provider, has launched its international paymentsolution, processing transactions with the business finance platform Aion.
Adam Gray , Chief Transformation Officer at Stax, recently sat down with Hal Levey of PYMNTS to discuss emerging trends in payment processing and vertical integration. Gray painted a vision for an ideal consumer experience in embedded paymentsone that is frictionless, seamless, and integrated entirely into the transaction process.
There is no substitute for the convenience of simply tapping a card to transact instead of setting up an account and logging into a mobile app for each purchase,” says Vahini Jaganath , Senior Director – Digital Solutions for Visa Sub-Saharan Africa.
Klarna offers a wide range of payment options, including Pay in Full, a hassle-free transaction for those who want to pay the full amount of their order upfront, Pay in 4, which allows customers to split their purchase into four interest-free payments, as well as Fair Financing, which offers flexible payment plans for larger purchases.
At the heart of this transformation is NMI’s advanced payment gateway, which seamlessly powers transactions across 4,000 newly deployed portable and fixed PIN pads. The devices chosen by the ticketing provider provide a seamless solution for on-platform and on-train ticket sales as well as penalty fare payments.
Global paymentsolutions provider Checkout.com , has entered a strategic partnership with noqodi , a payment gateway and financial service provider, to elevate the payment experience for businesses and consumers in the UAE.
Our growing popularity and loyal customer base can vouch for our robust scalable solutions for both business and personal finance management. I see Guavapay is clearly positioned to lead the next-generation paymentsolutions, offering unparalleled speed, transparency and cost-effectiveness.
Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. “Compliance is the foundation of trust in global payments.
TCB Pay , a leading provider of corporate cards and paymentsolutions, is thrilled to announce the expansion of its services to include Automated Clearing House (ACH) payments. The post TCB Pay Expands to ACH Payments: The Flexible Alternative to Credit Cards appeared first on FF News | Fintech Finance.
Edenred PaymentSolutions has announced the launch of a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders. By combining automation, flexibility, and speed, this solution redefines the claims payout process, delivering better outcomes for both insurers and their customers.
Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. BNB Chain’s low fees, averaging US$0.001 on opBNB and US$0.03 technologies. technologies.
Users can now seamlessly push virtual cards to mobile wallet ecosystems including Apple Pay and Google Pay, with control and security that allows for precise spending limits and monitoring of transactions, thereby minimizing the risk of fraud and unauthorized expenditures.
Additionally, it offers businesses a dedicated platform called ‘Flash in Business’, which provides them a comprehensive solution for corporate financial needs. “We We are excited to collaborate with Mastercard to launch this pioneering fintech card that provides users with advanced paymentsolutions that are secure, versatile, and inclusive.
SUNRATE , the global payment and treasury management platform, today announced the launch of its maritime paymentssolution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025. This allows instant global access to funds, overseas transfers, card-to-card transactions, and online shopping, anywhere.
In Brazil, global companies offering instalments as a paymentsolution experience an average weekly revenue growth of 40%, as revealed by internal data from EBANX , a global technology platform specialising in payment services for rising markets.
By adding AI to W Chain’s system, they plan to provide smart analysis to prevent frauds, create custom payment experiences for users, and adjust fees in real-time for businesses. W Chain’s hybrid blockchain setup is built to handle high-volume apps and can process up to 10,000 transactions per second (TPS).
The integration allows Vietnam Airlines to process credit card transactions and local payment methods like Alipay and WeChat Pay more efficiently. By connecting directly to Visa and Mastercard networks through Adyen, the airline has reported an improvement of up to 5% in authorisation rates and a reduction in transaction fees.
Geidea , a leading provider of digital paymentsolutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE.
The new offering is a fully certified and scheme accredited solution, with PCI Compliance being maintained on an ongoing basis. The range of in-person paymentsolutions will be rolled out on a rental model, suitable for the varied needs of different sectors.
In a strategic move to accelerate digital payments, financial inclusion, and modernizing the country’s payment ecosystem, BPC , a global leader and paymentsolutions provider, is announcing the expansion of its operations in Nigeria. of combined POS-ATM transactions, a complete reversal from 2016 figures.
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