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
Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. This milestone brings us closer to our vision of creating a global real-time clearing and settlement hub for all major currencies.”
As your business grows, the tools powering it need to evolve tooand that includes your paymentsolution. In this blog, well unpack what scalability really looks like in a paymentsolution and how to choose one that wont hold you backwhether you’re just beginning to start accepting payments or scaling to new markets.
The European Central Bank (ECB) and Norges Bank signed an agreement for Norway to join the Eurosystem’s TARGET Instant PaymentSettlement (TIPS) service. Norges Bank’s Governor, Ida Wolden Bache, said: “A well-functioning instant paymentssolution is an important part of an efficient payment system.
KuCoin Pay will reduce transaction fees and facilitate immediate settlement of crypto payments, aligning with the company’s goal of enhancing the blockchain ecosystem. The post KuCoin Launches Merchant PaymentSolution: KuCoin Pay appeared first on The Fintech Times.
Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based paymentsolution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients.
Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes and parties that ensure transactions are accurately recorded and funds are transferred.
The company, founded in 2017, specialises in cross-border paymentsolutions tailored to small and medium-sized enterprises (SMEs). It enables secure and compliant transactions, with 24/7 paymentsettlement capability, offering uninterrupted fund circulation throughout the trade process.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.
Ingenico, a French merchant services tech company, has partnered with Crypto.com to enable crypto payments for millions of merchants worldwide. This plug-and-play collaboration will allow consumers to pay with crypto at Ingenico terminals, while merchants can seamlessly receive settlements in their local currency, eliminating currency risk.
Weve combined PayTos inherent benefits namely speed of settlements and low costs with an almost completely frictionless payments experience. This encapsulates the value Volt brings to Australias payments ecosystem, and we look forward to helping merchants and their customers capitalise on it at scale.
Having obtained the MPI licence, XTransfer can now provide services including account issuance, domestic money transfer, cross-border money transfer, and e-money issuance, addressing the increasing demand for secure and convenient cross-border paymentsolutions in Singapore.
Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Established in 2021, Tazapay is a leader in cross-border paymentsolutions, serving small and medium-sized enterprises (SMEs) and business-to-business (B2B) marketplaces from around the world.
(Banking Circle), a Luxembourg licenced bank and a leading international provider of next-generation banking services, has announced today that it has entered into an agreement to acquire a 100% stake in Australian Settlements Limited (ASL), subject to satisfaction of certain closing conditions including regulatory approvals.
Geopolitical shifts have diversified supply chains, and real-time payments have become the preferred method for digital transactions in these regions. Traditional card payment schemes, with their high fees and slow settlement times, are inadequate for the fast-paced, dynamic markets of Southeast Asia and South Asia.
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based paymentsolution for merchants across Latin America (LATAM). The post Nuvei Launches Comprehensive Blockchain PaymentSolution appeared first on FF News | Fintech Finance.
This enables tourists to make payments at GrabPay merchants in Singapore using their home payment apps, such as Alipay and Kakao Pay, through the Alipay+ network. Payments will be settled instantly in Singapore dollars via a regulated stablecoin, providing merchants with immediate local currency settlements.
The demand for secure, fast, and modern paymentsolutions has been pressing. By introducing the SOMQR standard and establishing the Somalia Payment Switch (SPS) as the scheme manager and operator, CBS aims to reduce reliance on cash, ensure interoperability, and expand financial services across the country.
With the MPI license, XTransfer is able to provide services including account issuance, domestic money transfer, cross-border money transfer, and e-money issuance, addressing the increasing demand for secure and convenient cross-border paymentsolutions in the region.
M-DAQ Global, a fintech specialising in cross-border foreign exchange (FX) and paymentsolutions, has been awarded a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS). This licence allows its subsidiary, M-DAQ Market Solutions, to deal in over-the-counter (OTC) derivatives contracts.
Lunu Pay , a leader in Web3 paymentsolutions, is excited to announce its collaboration with Ingenico , a global innovator in payment acceptance and services, to bring cryptocurrency payments to physical retail stores.
DK Bank, Bhutans first fully digital bank licensed by the Royal Monetary Authority of Bhutan, manages settlement for merchants in local currency. Damcho Rinzin Damcho Rinzin, Director of Bhutans Department of Tourism, said, This is more than a paymentsolution its a commitment to innovation, inclusion, and convenience.
Mamo , a UAE-based fintech company, has been selected as the preferred payment provider for Lyvely , a social e-commerce platform enabling content creators to monetize their products and services. Lyvely has been using Mamos platform for payment processing and card solutions since early 2024.
By 2025, SEAs internet economyencompassing e-commerce, food delivery, and financial services is expected to reach US$360 billion , driven by widespread adoption of digital wallets and flexible paymentsolutions. However, the payment landscape in SEA is highly fragmented.
If granted, the MPI license allows BC Payments Singapore to leverage Banking Circle’s extensive network of direct and indirect access to global clearing infrastructure, offering seamless cross-border payment services and operating as a key regional headquarters within its global payments hub.
Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year. ” This is just the beginning.
Clapper, a rapidly growing social media platform, announces its partnership with TruBit , the leading digital asset paymentsolutions platform in Latin America , to enable seamless US-LATAM cross-border payments.
As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship paymentssolution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand. Access liquidity for remittance and treasury operations.
K3 MStore , the leading all-in-one retail platform for visitor attractions, is proud to announce an exciting partnership with DNA Payments , one of the largest independent omnichannel payments companies in the UK and EU.
Trustly , the Swedish open banking paymentsolution provider, has revealed that UK holidaymakers spent 230 per cent more year-on-year on travel in January 2024 using account-to-account payment technology.
What is the Payment Processing Market The payment processing market is an ecosystem that enables the secure, efficient transfer of funds from customers to merchants for goods and services. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.
Mswipe , the business paytech headquartered in India with a network of 800,000 merchants, has completed the next step in its global expansion plan as it announces a new partnership with Cashflows , another paytech focusing on business payments, which will enable it to enter the UK market and offer efficient and cost-effective paymentsolutions.
The demand for secure, fast, and modern paymentsolutions has been pressing. By introducing the SOMQR standard and establishing the Somalia Payment Switch (SPS) as the scheme manager and operator, CBS aims to reduce reliance on cash, ensure interoperability, and expand financial services across the country.
Rolled out initially in the UAE and Saudi Arabia, the innovative tech-driven solution will boost the user experience by including added-value capabilities, such as Fundbot’s dynamic discount product that incentivizes quicker B2B payments, fast-tracking the conversion of receivables to cash for suppliers and reducing days sales outstanding (DSO).
This growth reflects an increasing shift toward faster, more flexible paymentsolutions, especially among small and medium-sized businesses. It’s ideal for merchants who receive frequent payments. Fast Settlement: Funds are often available within minutes, even on evenings and weekends. billion the previous year.
The UK’s largest independent payments broker Accept Cards has today launched an innovative cash paymentssolution to respond to SME demand for instant, affordable cash deposits which underpin cash flow stability. Bradley established Accept Cards in 2005 after more than 25 years in the banking sector.
Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasury management solution. Via a new ‘plug-and-play’ solution, Ingenico merchants will be able to securely accept crypto payments.
thinkmoney partners with Edenred PaymentSolutions to upgrade card and account processes for its customers. thinkmoney’s mission has always been to provide access, equality, and inclusion to best-in-class financial products, services and experiences to those that need it most. Read more
To address evolving customer demands and accept electronic payments, you need a payment processing system. But selecting a good paymentsolution can be overwhelming. This article dives into what a payment processing system is, how it works, and its benefits. Security is the core of any payment processing system.
Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International. Antom: a leading merchant payment and digitisation services provider, offering one-stop, vertical-specific digital paymentsolutions to merchants of all sizes.
This pioneering “plug-and-play” solution will empower Ingenico merchants to accept crypto payments seamlessly and securely, meeting the needs of over 680 million consumers. This collaboration marks a pivotal moment for merchant services worldwide, setting a new standard for innovative paymentsolutions that are moving commerce forward.”
Additionally, clients can benefit from automated FX payments with faster multi-destination delivery, Auto FX Conversion solution, and seamless integration with minimal operating process changes and set-up costs.
As part of the collaboration, Paymob has embedded its checkout experience into the WooCommerce Marketplace, offering merchants streamlined access to its comprehensive suite of digital paymentsolutions. Paymob’s solution delivers a secure checkout experience through embedded 3D Secure and PCI compliance.
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