11/04/2022
Zilch hits 3m users in 24 months
In the last six months, the ‘buy now, pay later’ (BNPL) has increased its user base by half, doubled underlying sales and tripled revenue, it says.
Retail Banking
11/04/2022
Digital payments surge 34% to $8.5bln in Bahrain
Contactless payments dominate POS transactions in the kingdom
11/04/2022
Paysera and Airwallex form partnership
With over one million app installs and growing, Paysera aims to push the boundaries and become an industry-leading super app that provides financial and lifestyle services across the globe.
11/04/2022
PayPal and Apple to accept each other's payment products
Meanwhile, Apple Pay will be added as an option in PayPal's unbranded checkout flows on merchant platforms.
11/03/2022
Exclusive: Iwoca sees B2B buy now, pay later growth near 250% for 2022
iwocaPay is seeing increasing usage, by increasing numbers of SMEs.
11/02/2022
Bluefin acquires Tecs Payment Systems
Together, Bluefin and TECS will serve 34,000 connected merchants and nearly 300 global partners in 55 countries.
11/02/2022
Peoples Bank chooses SimpleNexus for digital homebuying
By automating time-consuming processes like chasing down documents and giving borrowers modern alternatives to scanning and faxing, SimpleNexus eliminates many of the pain points in the lending process, much to the delight of our customers and loan office
11/02/2022
Standard Chartered launches Payouts-as-a-Service tech
With conditional payments and automation available via a single integration, firms will benefit from a significant reduction in payment administration overheads, says Standard Chartered.
11/02/2022
Mastercard to expand Farm Pass programme across Apac
The firm is on track to connect 30 million people globally, including 15 million in Asia Pacific, with its Community Pass services, of which Farm Pass is a part, over the next five years.
11/02/2022
JPMorgan plans digital rent payment platform pilot
As per the bank, nearly 78% of rental payments across the US are still made via cheques and money orders.
11/01/2022
Payer and AmEx partner to accept B2B payments across Nordics
Payer, the Swedish fintech, was born out of the idea of challenging the way businesses operate
10/28/2022
Visa opens Saudi Arabian innovation centre
Visa’s global network of innovation centers were first formed in San Francisco in 2014
10/28/2022
Merchants face two-year wait for conclusion of UK market reviews into Visa and Mastercard fees
On the 'fivefold' rise on consumer cross-border interchange fees between the UK and the EU, the watchdog says it will publish an interim conclusion in Q3 2023 and its final report in the fourth quarter.
10/28/2022
Lloyds Bank and Legal & General take stakes in Bristol open banking firm
Moneyhub has provided digital payment solutions for big finance, retail and telecoms brands
10/27/2022
Industry association pushes back on EC instant payments timeline
The proposal aims to ensure that instant payments in euro are affordable and secure, boosting convenience for consumers while improving cash flow and ensuring cost savings for businesses.
10/27/2022
Iris buys Thomson Reuters MyPay Solutions
IRIS is already the provider of choice for accounting firms across the Americas, including 52 of the top 100 US CPA firms.
10/27/2022
APImetrics, tomato pay, Finextra report finds neobank API call quality outperforms traditional banks
Maintaining a consistent performance is essential to the operation of a healthy ecosystem
10/26/2022
Zip launches BNPL card
With the Zip Card, we are offering customers access to another fair, transparent payment method
10/26/2022
Jack Henry launches P2P payments service
Operating as the industry's only financial institution-centric, open-loop, real-time P2P payments solution, Jack Henry's offering provides a flexible, convenient way to send money to virtually anyone.
10/26/2022
Amazon adds Venmo as payments option
Max Bardon, VP, Amazon Worldwide Payments, says: "We want to offer customers payment options that are convenient, easy to use, and secure—and there’s no better time for that than the busy holiday season.