Category: Payments
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EWS launches wallet in South Carolina, Arizona ahead of wider rollout
Electronic wallet services (EWS) has announced the launch of its digital wallet in South Carolina and Arizona, marking the beginning of its expansion to other states in the United States. The move comes as part of EWS’s strategy to provide a convenient and secure payment solution for customers across the country. The EWS wallet offers…
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Congress members lob dueling gun code bills
As the debate over gun control continues to rage in Congress, lawmakers are putting forward dueling pieces of legislation in an attempt to address the issue. Background Gun violence has been a persistent problem in the United States for decades, with mass shootings occurring regularly and high rates of gun-related deaths. In response to these…
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Automating AR: What it means to offer a seamless B2B order-to-cash experience
Accounts receivable (AR) is a critical function for any business, but it can be a time-consuming and labor-intensive process. By automating AR, businesses can streamline their order-to-cash process, reducing errors and improving efficiency. When it comes to B2B transactions, offering a seamless order-to-cash experience is essential for building and maintaining strong relationships with your customers.…
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Silent Eight partners with HSBC
Exciting news in the world of financial technology – Silent Eight has announced a partnership with global banking giant HSBC. This collaboration is set to revolutionize how financial institutions combat financial crime and ensure regulatory compliance. Silent Eight is known for its cutting-edge AI-powered solutions that help organizations with customer onboarding, AML (anti-money laundering) compliance,…
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MoneyCollect enters the Latin American market
Welcome MoneyCollect to Latin America! MoneyCollect, the leading financial technology company, has officially announced its entry into the Latin American market. With a strong presence in North America and Europe, MoneyCollect is now expanding its reach to the vibrant and dynamic Latin American region. Why Latin America? Latin America is a rapidly growing market with…
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Capital One-Discover deal carries $1.38B termination fee
Capital One Financial Corp. has agreed to acquire Discover Financial Services for $6.9 billion, but the deal comes with a hefty termination fee of $1.38 billion. The termination fee is a safeguard in case the deal falls through for any reason. The acquisition of Discover Financial Services by Capital One is set to create a…
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Zilch launches a new credit payment product
Zilch, a leading fintech company, has announced the launch of a new credit payment product that aims to revolutionize the way consumers make purchases online. The new product, called Zilch Pay, allows users to split their purchases into interest-free installments, making it easier and more affordable for them to buy the things they need and…
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EU Parliament moves forward with payment services reforms
The European Union Parliament has taken a significant step towards modernizing the payment services industry with the recent approval of a package of reforms aimed at improving the efficiency, security, and competitiveness of payment services within the EU. The package, known as the Payment Services Directive 2 (PSD2), builds upon the original Payment Services Directive…
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Cash-strapped consumers turn to BNPL: Fed survey
Cash-strapped consumers turn to Buy Now Pay Later (BNPL) services, according to recent Federal Reserve survey In a recent survey conducted by the Federal Reserve, it was found that cash-strapped consumers are increasingly turning to Buy Now Pay Later (BNPL) services to finance their purchases. This trend highlights the growing popularity of BNPL services as…
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CFPB may take legal action against Block
The Consumer Financial Protection Bureau (CFPB) has recently announced that they may take legal action against financial services company Block. The CFPB, which is tasked with protecting consumers in the financial marketplace, has raised concerns about Block’s business practices and potential violations of consumer protection laws. Block, formerly known as Square, is a popular platform…
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REPAY partners with Maxyfi
REPAY, a leading provider of payment processing solutions, has announced a strategic partnership with Maxyfi, a cutting-edge financial technology company. This collaboration aims to revolutionize the way businesses manage their payments and streamline their operations. What does this partnership mean for businesses? Through this partnership, businesses will have access to a comprehensive suite of payment…
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TD Bank to launch Tap-to-Pay on iPhone
TD Bank to Launch Tap-to-Pay on iPhone TD Bank has announced that it will be launching a new tap-to-pay feature for iPhone users. This means that customers will be able to use their iPhones to make contactless payments at participating retailers. With this new feature, TD Bank customers will no longer need to carry around…
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Google Pay app to be retired in US this year
Google has announced that it will be retiring its Google Pay app in the United States later this year. The decision comes as part of Google’s efforts to streamline its payment offerings and focus on its new Google Pay app. The existing Google Pay app will no longer be available for download starting in April,…
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PayPal finance exec jumps to Flywire CFO seat
PayPal finance exec, Glenn Williams, has made the move to Flywire to take on the role of Chief Financial Officer. The announcement comes as Flywire continues to expand its global payment platform and enhance its financial operations. Williams brings with him a wealth of experience in finance and technology, having spent more than a decade…
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Amazon to launch Bazaar store for value fashion in India
Amazon, the e-commerce giant, is all set to launch a new online store dedicated to offering value fashion in India. The store, called Bazaar, aims to cater to the needs of fashion-conscious consumers who are looking for trendy yet affordable clothing options. The Bazaar store will feature a wide range of products, including clothing, footwear,…
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MultiPay Global Solutions launches Pay By Bank
MultiPay Global Solutions, a leading payment solutions provider, has just announced the launch of their latest product - Pay By Bank. This innovative new payment method is set to revolutionize the way consumers make transactions online, providing a secure, convenient, and efficient way to pay for goods and services. With Pay By Bank, customers can…
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Ebury and Nium expand partnership
London-based fintech company Ebury and global payments platform Nium have recently announced an expansion of their partnership, aiming to provide enhanced services and solutions to their clients around the world. New Opportunities for Clients With this expanded partnership, clients of both Ebury and Nium can expect to access a wider range of services and solutions,…
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UNIPaaS launches payment assistant AI Assist
Welcome to the Future of Payments with UNIPaaS UNIPaaS is proud to announce the launch of our latest innovation in the world of payments – the Payment Assistant AI Assist. This cutting-edge technology is set to revolutionize the way businesses and consumers interact with payment systems, making transactions faster, more secure, and more convenient than…
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Western Union and Mercado Pago extend partnership
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced an extension of its partnership with Mercado Pago, one of Latin America’s leading digital payment platforms. This partnership extension will allow customers to have even more convenient and secure options when sending money internationally, as well as enabling access to a…
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Crédit Agricole du Maroc partners Entrust
Crédit Agricole du Maroc has announced a partnership with Entrust to enhance its digital security solutions. This partnership will help improve the security of online banking and financial transactions for Crédit Agricole du Maroc customers. Entrust is a global leader in identity and access management solutions, providing secure solutions for sensitive data and transactions. Their…