Category: Payments
-
Klarna news may confirm workers’ worst fears: AI replacement
In a recent announcement, Klarna, the popular fintech company, revealed that they are planning to implement artificial intelligence (AI) technology to automate certain tasks within the company. This news has stirred up concerns among Klarna employees as they fear that this move could lead to potential job losses. According to sources within the company, Klarna’s…
-
AffiniPay partners with Marqeta
AffiniPay, a leading payment technology provider, has announced a new partnership with Marqeta, a modern card issuing platform. As part of this partnership, AffiniPay will be able to leverage Marqeta’s innovative technology to enhance its suite of payment solutions for its clients. Marqeta’s platform will enable AffiniPay to offer more flexible and customizable payment options,…
-
Payer partners with American Express
Payer, a leading payments technology company, has announced a new partnership with American Express, one of the world’s most recognized and trusted financial services companies. Through this partnership, Payer customers will now have the option to link their American Express cards to their Payer accounts, providing them with a seamless and secure payment experience. This…
-
Visa partners with Checkbook
Visa, the global leader in digital payments, has announced a strategic partnership with Checkbook, a leading provider of digital check processing solutions. This partnership will bring together Visa’s extensive network and expertise in payments with Checkbook’s innovative technology to offer customers seamless and secure digital check payment options. Enhanced Payment Solutions Through this partnership, Visa…
-
Mastercard partners with MTN Group Fintech
Mastercard has recently announced a strategic partnership with MTN Group Fintech, a leading African financial services provider. This collaboration aims to bring innovative financial solutions to millions of people across Africa, helping them access a wide range of financial services. Benefits of the partnership: Improved financial inclusion: By leveraging MTN Group Fintech’s extensive network and…
-
Orum goes live with the Federal Reserve
Exciting news for Orum, a leading technology company in the financial services industry – they are now live with the Federal Reserve! This collaboration marks a significant milestone for Orum and highlights their commitment to innovation and efficiency in the world of banking and payments. Orum’s partnership with the Federal Reserve will enable them to…
-
ABN AMRO and Buckaroo join forces
ABN AMRO, one of the largest banks in the Netherlands, has announced a strategic partnership with Buckaroo, a leading payment service provider. This collaboration aims to enhance the payment solutions offered to businesses and consumers, providing a seamless and secure payment experience. Benefits of the partnership Increased security: By leveraging ABN AMRO’s robust security measures…
-
Treasury Department to develop financial inclusion strategy
Treasury Department to Develop Financial Inclusion Strategy The Treasury Department announced today that it will be developing a new financial inclusion strategy aimed at expanding access to and usage of financial services for underserved communities. This initiative comes at a time when many Americans are facing economic hardships due to the ongoing COVID-19 pandemic, highlighting…
-
Green Dot faces Fed’s proposed consent order
The Federal Reserve Board recently announced a proposed consent order that could potentially have a significant impact on Green Dot, a leading fintech company. The order stems from alleged deficiencies in Green Dot’s anti-money laundering processes and compliance with the Bank Secrecy Act. In response to the proposed order, Green Dot has stated that they…
-
One Inc forms technology integration with Sapiens
One Inc, a leading provider of digital payment solutions for the insurance industry, has announced a new technology integration with Sapiens, a global provider of software solutions for the insurance industry. This integration will combine One Inc’s advanced payment capabilities with Sapiens’ innovative insurance software to deliver a seamless and efficient experience for insurance companies…
-
Experian’s credit reports to include Apple Pay Later loan info
Experian to Include Apple Pay Later Loan Information in Credit Reports Experian, one of the major credit bureaus in the United States, has announced that it will be including information about Apple Pay Later loans in its credit reports. This move is seen as a significant step in recognizing the importance of alternative credit data…
-
Fiserv ponders M&A
Fiserv, a leading global provider of financial services technology, is reportedly considering potential mergers and acquisitions (M&A) in the near future. The company, which offers a wide range of solutions to help financial institutions streamline their operations and enhance customer experience, is looking to expand its market presence and drive growth through strategic partnerships. With…
-
Apple begins sharing BNPL data with Experian
Apple has announced that it will start sharing buy now, pay later (BNPL) data with Experian, one of the largest credit reporting agencies in the world. This move is aimed at helping consumers build credit history and improve their credit scores. BNPL services have become increasingly popular in recent years, allowing consumers to make purchases…
-
STICPAY launches new Asia-based payment partnerships
STICPAY, a leading global digital payment platform, has recently announced the launch of new partnerships with key players in the Asian payment industry. These partnerships are aimed at expanding STICPAY’s reach and providing users with more convenient payment options. What are the new partnerships? The new partnerships include collaborations with some of the leading payment…
-
Monex USA announces integration with Q2’s digital banking platform
Monex USA, a leading financial services company, has announced a new integration with Q2’s digital banking platform. This partnership will allow Monex USA customers to access a wide range of digital banking services through the Q2 platform, providing a seamless and convenient banking experience for users. Features of the integration include: Real-time account monitoring Mobile…
-
PayU GPO launches self-onboarding tool for Peruvian SMEs
PayU Group Purchasing Organization (GPO) has announced the launch of a new self-onboarding tool specifically designed to help small and medium-sized enterprises (SMEs) in Peru access the benefits of group purchasing more easily. The tool, which is available through the PayU GPO website, allows Peruvian SMEs to quickly and easily sign up for membership in…
-
Backbase partners with Alacriti
Backbase, a digital banking software provider, has announced a partnership with Alacriti, a leading fintech company specializing in payment solutions. This strategic partnership aims to enhance the customer experience for financial institutions by combining Backbase’s innovative digital banking platform with Alacriti’s advanced payment processing capabilities. What does this partnership mean for customers? With this partnership,…
-
Capital One tackles Discover compliance issues
Capital One has recently made headlines for its efforts to address compliance issues related to Discover credit cards. The banking giant has been working diligently to ensure that all aspects of its relationship with Discover are in line with industry regulations and guidelines. One of the key compliance issues that Capital One has been focusing…
-
EazyPay and Visa augment Bahrain’s funding landscape
In a move that promises to enhance Bahrain’s financial ecosystem, EazyPay and Visa have joined forces to introduce new funding options and digital payment solutions in the country. A Winning Partnership By partnering with Visa, EazyPay aims to revolutionize the way Bahraini businesses and consumers transact. Through innovative payment technologies and seamless user experiences, the…
-
TerraPay partners with Banco G&T Continental
TerraPay, a global payments infrastructure company, has announced a strategic partnership with Banco G&T Continental – one of the leading banks in Guatemala. This partnership will enable TerraPay to expand its footprint in the Latin American market and provide more convenient and affordable cross-border payment solutions to customers in the region. Benefits of the partnership…