PYMNTS

MAY 26, 2020

To continue its fast international expansion, TIS (Treasury Intelligence Solutions) notched $20 million in additional financing led by Aquiline Technology Growth. The funding round for the corporate payments and cash flow management cloud platform also included participation from 83North, an existing investor, according to an announcement.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

APRIL 23, 2020

To provide digital contactless payments, delivery and curbside pickup options for cannabis businesses, payment provider Hypur Inc. The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . is teaming with Salal Credit Union.

Payments 181

Payments Risk Management ATM Resources 181

PYMNTS

JULY 7, 2020

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. The tech will allow both B2B and B2C transactions and will encompass the entirety of the cannabis industry, according to the release, including in-person and online payments.

Payments 185

Payments Survey Industry US 185

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. Additionally, the transfers take many days.”.

Payments 232

Payments Regional Data Management 232

PYMNTS

JUNE 25, 2020

Boost Payment Solutions , a global provider of B2B payment technologies, announced a strategic collaboration with BMO Harris Bank on Thursday (June 25). The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers.

Payments 130

Payments United States Chicago Cards 130

PYMNTS

APRIL 9, 2020

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. ” Reports noted the importance of SWIFT expanding into the SMB payments arena beyond high-value complex corporate transactions. Sila Raises Funding to Nix ACH. and Sweden, it noted.

Fintech 209

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PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

JULY 10, 2020

That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

Payments 294

Payments blockchain System Bitcoin 294

PYMNTS

DECEMBER 18, 2020

Since there’s no way back, the payments industry is now cutting new pathways. Companies are adjusting their AP practices to better suit work-from-home operations, according to recently released results of a survey taken from May to June. The firms were especially interested in deploying automated and advanced learning technologies.

Payments 160

Payments Cards Report Tools 160

PYMNTS

OCTOBER 15, 2020

With the current state of economic upheaval, the ongoing pandemic and the great digital shift, corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes. That’s strong growth for something that is a mature payment product,” said Larimer.

Payments 313

Payments blockchain System Data 313

PYMNTS

OCTOBER 4, 2019

These are indeed the days for mergers and acquisitions (M&A) in the world of payments, and that trend looks likely to hold into the 2020s. That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Recent Trends.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

OCTOBER 14, 2020

Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. PayCore has been pushing to expand globally from its home base in Turkey, having acquired Mastercard Payment Transaction Services Turkey Bili?im

Payments 141

Payments Software Study Cards 141

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

Retail 219

Retail Payments Bitcoin Policies 219

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. As you can see in the chart below, one major marker of cash management profitability is payments. Client 2 needs cash management, particularly payment services.

Management 195

Management Survey Industry Community Bank 195

PYMNTS

SEPTEMBER 24, 2019

SWIFT and Microsoft have partnered with Bank of New York Mellon (BNY Mellon) to finalize the trial of Cloud Connect, a new payments solution, BNY Mellon announced in a press release on Tuesday (Sept. Cloud Connect hosts SWIFT infrastructure and enables payment transfers via Microsoft Azure. SWIFT announced on Monday (Sept.

Payments 119

Payments New York Security Operations 119

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Last month, PYMNTS reported EedenBull rolled out its commercial card platform to banks to take advantage of improved B2B payment capabilities.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

JANUARY 21, 2019

The firm’s Business Leaders Outlook report, published earlier this month, found that the majority of SMBs expect revenue, sales and profit increases in 2019, with executives turning to hiring activity and technological innovation as drivers of their success. However, financial transformation is complex.

System 188

System Payments Technology Tools 188

PYMNTS

JUNE 8, 2020

Amy’s payments industry insight and unique experience in properly scaling a company will be valuable assets to our growth strategy,” said Paytronix CEO Andrew Robbins. “I Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130

Industry Payments Austin Boston 130

PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

MARCH 5, 2019

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country. The beta is scheduled to be released this month.

System 173

System Mobile Report Payments 173

PYMNTS

JULY 15, 2020

And yet, the same legacy challenges remain to operate globally. In a conversation with PYMNTS, Nader discussed the role payments plays in helping (or hampering) a company’s global growth ambitions, and the value of an efficient global payments strategy on giving smaller companies a competitive edge that had once been out of reach. .”

Payments 169

Payments Strategy Marketing Company 169

PYMNTS

JUNE 30, 2020

Payments credit union service organization (CUSO) PSCU has acquired payment solution firm Primax , according to a press release. Primax has been working with designing and providing services for payment card programs for credit unions for 40 years in the U.S. and the Caribbean, the press release adds.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

SEPTEMBER 27, 2019

Today in the payments news roundup, the U.S. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. payments ecosystem implications. Uber Turns App Into ‘Everyday Operating System’. payments ecosystem implications.

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

NOVEMBER 5, 2020

By buying Plaid, Visa would reportedly gain access to 200 million consumer bank accounts and 2,600 financial technology apps that would help the company further push into areas like real-time payments and digital wallets. As we explained to the DOJ, Plaid is not a payments company.

US 343

US San Francisco United States Policies 343

PYMNTS

MAY 3, 2019

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). It seems that’s the journey for cross-border payments, which are in the midst of a digital disruption as innovators focus on addressing a range of friction points, from sluggish speeds to high costs.

Payments 151

Payments Fintech Customer Experience Technology 151

Bank Innovation

MARCH 9, 2017

Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation. Before this appointment, Piazza was serving as the bank’s Chief Operating Officer. […].

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Chris Skinner

MARCH 2, 2017

The background to this was announced in a press release on 1st February 2017: Ripple’s Distributed Financial Technology fits within NBAD’s existing infrastructure and offers a secure end-to-end payment flow providing transaction immutability and payment integrity. They make regular payments from Abu Dhabi to Muscat, Oman.

Payments 150

Payments System Financial Technology Innovation 150

PYMNTS

FEBRUARY 16, 2017

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? Plus, there is a competitive edge to the tactic, enabling the owners of these technologies to see their solutions integrated into more services, reaching more end users.

Payments 189

Payments Software Tools Technology 189

Bank Innovation

FEBRUARY 8, 2019

Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment service Zelle.

Financial Technology 170

Financial Technology Data Payments Technology 170

PYMNTS

JANUARY 16, 2020

New day, new multi-billion-dollar deal within the payments space. To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. 16) that it would buy Global Blue , a payments company based in Switzerland, for $2.6

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

JANUARY 14, 2021

The Clearing House's real-time payments offering, the RTP ® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week's Payment Rail Innovation roundup. Modern Treasury Raises Funding To Accelerate B2B Payments. Pakistan Preps Instant Payment System.

Vermont 157

Vermont System Innovation Payments 157

PYMNTS

JANUARY 17, 2020

Far Point Acquisition — which focuses on financial technology deals —said it would buy Global Blue, a payments company based in Switzerland, for $2.6 Oscar Health: Using Tech To Take The Pain Out Of B2B Healthcare Payments. New Year, New Mergers Sizzle For Payments Companies.

Marketing 130

Marketing Fraud Payments Apple 130

PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 9), citing sources.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. which is a huge draw to using BNPL as a non-cash payment method. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

Fintech 474

Fintech Trends South Dakota Apple 474

Payments Source

FEBRUARY 19, 2020

s departure from the European Union is still causing lots of headaches for financial technology companies, but there’s now enough clarity to work with. And that often means operating from a new address.

Fintech 129

Fintech Financial Technology Operations Technology 129

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Security 100

Security Payments Boston Fraud 100