Blockchain payment network Zone raises $8.5 million
Finextra
MARCH 18, 2024
African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.
Payment Networks Related Topics 
Introducing: the human-powered payments network
The Payments Association
NOVEMBER 22, 2023
So we’ve built a brand that champions not just our global network, leading-edge tech and 15 years’ of proven delivery, but the human brilliance, partnership and passionate people that sit at the centre of it all. Introducing the human-powered payments network. Because together, we make money move. -
Allied Payment Network Partners with MY CREDIT UNION
Finovate
DECEMBER 13, 2023
Payments solutions company Allied Payment Network has partnered with MY CREDIT UNION of Bloomington, Minnesota. The partnership will integrate Allied’s payment technology with the credit union’s Ultracs digital banking platform. billion in payment volume. In 2022, the company processed $3.6
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Viva.com Partners With BANCOMAT the Leading Payment Network in Italy
Fintech Finance
APRIL 11, 2024
Viva.com , Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and BANCOMAT , the leading payment network in Italy, announced today their strategic partnership. PagoBANCOMAT ® and BANCOMAT Pay ® circuit will be available on Viva.com’s omnichannel payment platform.
Emburse selects Mastercard as payment network
Finextra
DECEMBER 7, 2023
Emburse, a leader in travel and expense (T&E) management, today announced Mastercard as the new payments network for Emburse Cards.
Wirex unveils decentralised payment network
Finextra
FEBRUARY 1, 2024
Wirex Reveals ZK-powered WPay, Opening Exclusive Early Access to Its Decentralised Payment Network
GLN International Expands QR payment Network to the Philippines
The Nilson Report
APRIL 11, 2024
The post GLN International Expands QR payment Network to the Philippines appeared first on Nilson Report.
Bottomline's Paymode-X opens access to its B2B payment network
The Paypers
OCTOBER 26, 2023
Financial technology provider Bottomline has reportedly opened access to its B2B payment network to financial institutions, fintechs, and others.
Allied Payment Network names Jessica Ludvigsen as strategic solutions VP
Finextra
DECEMBER 8, 2023
Allied Payment Network, Inc. Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced the appointment of Jessica Ludvigsen as the new Vice President of Strategic Solutions.
J.P. Morgan Becomes Principal Member of Cartes Bancaires CB, France’s Leading Payment Network
Fintech Finance
MARCH 5, 2024
Morgan announced today that it has been granted approval to become a principal member of France’s leading payments network, Cartes Bancaires CB , with the intention to offer merchant clients access to the French payment network by the end of 2024. Morgan was granted the license to become the first U.S. CB and J.P.
Fiserv Expands In-Person Bill Payment Network to NCR Atleos ATMs
The Nilson Report
FEBRUARY 27, 2024
The post Fiserv Expands In-Person Bill Payment Network to NCR Atleos ATMs appeared first on Nilson Report.
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UK Banks Urged to Act Now Ahead of New Cross-Border Payments Legislation ISO 20022 to Prevent Exclusion from International Payment Networks
Fintech Finance
APRIL 24, 2024
The post UK Banks Urged to Act Now Ahead of New Cross-Border Payments Legislation ISO 20022 to Prevent Exclusion from International Payment Networks appeared first on Fintech Finance.
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Industry Statements on on Merchant, Payment Network Lawsuit Agreement
Electronic Payments Coalition
MARCH 26, 2024
Merchants will also receive a host of other technical benefits that could have never been reached with legislation drafted by individuals who simply do not understand the intricacies of our global payment networks. The Durbin-Marshall bill has had no debate, no legitimate hearing and continues to be unnecessary. merchant locations.
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JP Morgan joins French payments network Cartes Bancaires
Finextra
MARCH 5, 2024
JP Morgan is joining Cartes Bancaires (CB), enabling its merchant clients to process card payments via the French network rather than Visa or Mastercard.
Faster Payment Networks are a ‘Must-Have’ for 78% of US-Based Financial Firms
The Fintech Times
JANUARY 19, 2024
Financial firms in the US are highly interested in faster payment networks, with 78 per cent saying it is a ‘must-have’ for their organisation; according to Volante Technologies , the payments-as-a-service (PaaS) firm.
Silvergate suspends its crypto payments network
The Paypers
MARCH 6, 2023
US-based Silvergate Bank has made a risk-based decision to suspend its crypto payments network amid growing operability concerns.
Allied Payment Network partners with MY CREDIT UNION
The Paypers
DECEMBER 14, 2023
Real-time payments provider Allied Payment Network has partnered with US-based MY CREDIT UNION to integrate with its digital banking platform.
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Wirex unveils early access to WPay, a decentralised payment network
The Paypers
FEBRUARY 1, 2024
Wirex has introduced early access to WPay, a decentralised payment network, leveraging the Wirex platform's capabilities.
Nordic Capital to Invest in Leading Digital Insurance Payments Network One Inc to Drive Continued Growth and Product Innovation
Fintech Finance
MARCH 14, 2024
One Inc’s payment network is well-positioned to accelerate and drive transformation, currently demonstrating over 65% year-over-year revenue growth. We continue to see exponential growth and excellent customer loyalty, underscoring the strength of our model and industry-leading payments network of more than 700,000 vendors.
Brite Payments launches Instant Payments Network
The Paypers
MAY 22, 2023
Sweden-based instant bank payments fintech Brite Payments has announced the launch of its Instant Payments Network to power instant payments and payouts across Europe.
Open Payment Network partners with Bankers' Bank
The Paypers
MAY 4, 2023
Open Payment Network (OPN) has partnered with Bankers’ Bank to enable the bank to deliver instant payment services to respondents via API connectivity to TCH-RTP and FedNow.
Zilch rolls out its Ad-Subsidised-Payments-Network
The Paypers
JUNE 7, 2023
UK-based payments technology company Zilch has announced the launch of its Ad-Subsidised-Payments-Network (ASPN) to third parties, through the use of open APIs.
JPMorgan joins Visa, Billtrust Business Payments Network
Payments Source
JULY 31, 2019
JPMorgan Chase has become the first card issuer to join the Visa and Billtrust Business Payments Network in an effort to streamline the delivery of electronic B2B payments for its commercial card clients.
Kyriba Payments Network Tackles CFO Mandate
PYMNTS
FEBRUARY 19, 2020
Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb.
Car IQ links with PDI to expand c-store payment network
Payments Dive
JUNE 29, 2023
The partnership will make vehicle-recognition payments for fleet owners available to more retailers across the country.
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Coronavirus puts Real Time Payments network to the test
Payments Source
MAY 27, 2020
Mobile and contactless payments have generated more consumer attention as ways to safely move money during the coronavirus pandemic, but there's also a growing wave of support for The Clearing House's Real Time Payments network for banks.
i2c certifies on Mexico's Prosa payments network
The Paypers
SEPTEMBER 15, 2021
i2c , a US-based payment service provider, has announced its certification with Mexican payments network, Prosa , continuing its growth in the LAC region.
B2B Payment Network PayCargo Lands $35M Investment
PYMNTS
SEPTEMBER 29, 2020
Supply chain industry payments network PayCargo has landed an Insight Partners-led $35 million investment, according to a Tuesday (Sept. The company will harness the funds to grow international adoption of its digital payments network and speed up investments in its technology, according to the announcement.
New Instant Payment Networks Launch, From Aruba To Hungary
PYMNTS
MARCH 17, 2020
In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions.
Fed seeks 8,000 financial institutions for FedNow
Payments Dive
APRIL 25, 2024
About 700 financial institutions have connected to the Fed’s instant payment network since last July, with at least 1,000 more in the pipeline, a FedNow official said this week.
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Mastercard’s new B2B payments network makes cards compete on their own
Payments Source
SEPTEMBER 25, 2019
Mastercard signaled a new direction for corporate payments when it bought VocaLink a few years ago, and the company’s emerging vision for a B2B payments network suggests a new challenge for its commercial cards business.
No holiday off as banks, payment networks clean up after SolarWinds hack
Payments Source
DECEMBER 28, 2020
government entities had affected their holdings, security teams and vendors have put the holiday aside while continuing around-the-clock surveillance to ensure no financial services or payments networks have been hacked. With Microsoft, Equifax and others acknowledging that the SolarWinds hack of U.S.
GoCardless grants access to its global bank payment network
The Paypers
FEBRUARY 8, 2023
Global company activating in the field of direct bank payments, GoCardless , has recently launched GoCardless Embed , an integration for third party payment providers who can now access its global bank payment network.
New front opens in fight over Fed's real-time payments network
Payments Source
AUGUST 29, 2019
But big banks see the slow rollout as an opportunity to expand their own instant payment network. Community banks and tech companies that are happy the central bank is building a next-generation system are not as pleased with its four- to five-year timeline.
Egypt's Commercial International Bank launches Instant Payment Network
The Paypers
AUGUST 23, 2022
The Commercial International Bank Egypt (CIB) has launched the Instant Payment Network (IPN) through its digital channels, including internet and mobile banking.
B2B Cross-Border Payments Network Thunes Raises $60M
PYMNTS
SEPTEMBER 8, 2020
Thunes , the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. The cash will be used to hire more staff and expand its product offering, including business payments and collections from emerging markets. 8) that it raised $60 million in Series B funding.
India to spend USD 320 mln to promote homegrown payments network
The Paypers
JANUARY 12, 2023
India has planned to spend around USD 320 million to promote cards in RuPay and for low-value UPI transaction to stir the growth of its national payments network.
15 community banks join The Clearing House’s real-time payments network
Payments Source
OCTOBER 29, 2019
Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.
Comdata Loops Into Billtrust’s Vendor Payments Network
PYMNTS
JUNE 13, 2019
Commercial card issuer and payment processor Comdata is integrating its functionality into the invoice-to-pay platform Billtrust to enable joint customers to pay their vendors electronically. BPN rolled out last year as a platform that connects buyers, suppliers and financial institutions to facilitate electronic B2B payments. .
Analyzing Mastercard’s growth strategy: How the payment network is moving beyond payment processing
CB Insights
AUGUST 22, 2022
Mastercard , one of the world’s leading payment networks, has forged hundreds of strategic business partnerships, invested in dozens of different companies, and made more than 5 acquisitions over the last 2 years. <span js”></script> <script> hbspt.forms.create({. onFormReady: function ($form) {.
Allied Payment Network partners Finastra to launch Bitcoin wallet
The Paypers
SEPTEMBER 15, 2021
Allied Payment Network and Finastra have introduced Allied Bitcoin Wallet, a new app to be launched on Finastra’s FusionStore.
Open Payment Network boosts instant payment for North American Banking Company
The Paypers
AUGUST 4, 2022
US-based Open Payment Network (OPN) and North American Banking Company (NABC) have launched instant payments to and from any financial institution on TCH's Real Time Payment (TCH-RTP) network.
Walmart Develops Blockchain Freight Payment Network
PYMNTS
NOVEMBER 15, 2019
Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov.
Asialink partners with Lazada, Shopee to boost payments network
The Paypers
JANUARY 24, 2023
Philippines-based finance company Asialink has teamed with ecommerce platforms Lazada and Shopee to offer an easier way for clients to pay their loans, according to a recent statement.
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