Category: Payments
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US Bank and Pagaya Technologies enhance personal loan accessibility
US Bank, one of the largest banks in the United States, has partnered with Pagaya Technologies to enhance personal loan accessibility for its customers. This collaboration aims to utilize Pagaya’s advanced artificial intelligence technology to streamline the loan approval process and make it easier for customers to access personal loans. What is Pagaya Technologies? Pagaya…
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RBI and NRB discuss India-Nepal remittances
By: Your Name Introduction The Reserve Bank of India (RBI) and the Nepal Rastra Bank (NRB) recently held discussions regarding remittances between India and Nepal. Remittances play a significant role in the economies of both countries, and ensuring a smooth and efficient transfer of funds is crucial for the financial well-being of millions of people.…
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Softpay accepts Dankort wallet payments
Softpay, a leading online payment processor, has announced that it now accepts payments through Dankort wallet. Dankort is a popular digital wallet in Denmark that allows users to securely store their credit and debit card information for quick and easy payments. With the integration of Dankort wallet, Softpay users can now enjoy a seamless payment…
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Fiserv’s network available at NCR Atleos’ ATMs
Fiserv’s network now available at NCR Atleos’ ATMs Good news for customers of NCR Atleos’ ATMs – Fiserv’s network is now available at these ATMs! With Fiserv’s network being integrated into NCR Atleos’ ATMs, customers will now have access to a wider range of banking services and capabilities at these ATMs. Whether you need to…
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RBI asks Visa and Mastercard to halt B2B fintech payments
The Reserve Bank of India (RBI) has directed Visa and Mastercard to temporarily stop issuing new cards for certain fintech companies involved in business-to-business (B2B) payments. This move comes as part of the RBI’s efforts to ensure the stability and security of the country’s financial system. The RBI’s decision is aimed at addressing concerns over…
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Meta forces Apple fees on advertisers
In the ongoing battle between tech giants, Meta (formerly known as Facebook) has imposed a new set of fees on advertisers – fees they claim are necessary to offset Apple’s recent privacy updates. These changes by Meta have raised concerns among advertisers and caused further strain in the already tense relationship between the two companies.…
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Toast to cut 550 employees
Posted by: Your Name | Published on: September 15, 2023 In a surprising move, leading restaurant technology company Toast recently announced plans to reduce its workforce by cutting around 550 employees. The decision comes as the company strives to streamline operations and adapt to changing market conditions. Toast, widely known for providing a comprehensive suite…
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Bold raises USD 50 million in Series C funding
Bold Raises USD 50 Million in Series C Funding What is Bold? Bold, a market-leading software company specializing in online learning and course creation, has just closed its Series C funding round, raising an impressive USD 50 million. The company aims to revolutionize the online education industry by providing a comprehensive platform that empowers individuals…
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Fils, Telr partner to drive sustainability in payments
Fils and Telr Collaborate to Foster Sustainability in the Payment Industry In a move aimed at boosting sustainability and advancing eco-friendly practices in the rapidly growing payment sector, Fils and Telr recently announced their partnership. This collaboration promises to revolutionize the payment industry and drive positive change towards a greener future. Embracing Sustainable Solutions Both…
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Same-day payments drive ACH increase: Nacha
Same-day Payments Drive ACH Increase: Nacha In recent years, advancements in technology and changing consumer expectations have led to a significant rise in the demand for faster and more convenient payment options. In response, the Automated Clearing House (ACH) network has witnessed substantial growth, driven primarily by the adoption of same-day payments. According to Nacha,…
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Global Payments may pare operations
Source: [insert source] Please note that this article is purely fictional and serves as an example of a HTML-formatted text. Any resemblance to actual events or situations is purely coincidental. Overview Global Payments, a leading global payment technology company, is reportedly considering scaling down its operations as part of a strategic restructuring plan. This move…
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BNPL popularity rises among ‘financially fragile’ consumers
BNPL Popularity Rises Among ‘Financially Fragile’ Consumers Buy Now, Pay Later (BNPL), an increasingly popular alternative payment option, has witnessed a rise in adoption among financially fragile consumers. With its ability to provide short-term financial flexibility, BNPL services have emerged as a convenient solution for individuals living paycheck to paycheck or lacking a stable income.…
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Apple extends prepaid debit card reach
In a move that expands its financial services offerings, tech giant Apple has announced the expansion of its prepaid debit card reach. Apple has long been known for its innovation in the consumer electronics market, and now it seems they are ready to disrupt the financial sector as well. The company’s prepaid debit card, aptly…
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Mastercard expands agreement with Bank of Punjab
Mastercard Expands Agreement with Bank of Punjab In an exciting development, Mastercard has announced the expansion of its agreement with the Bank of Punjab, reinforcing their partnership and paving the way for innovation and enhanced financial services in Pakistan. This collaboration will bring numerous benefits and opportunities for customers, businesses, and the economy as a…
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Euronet acquires Infinitium
Breaking news in the financial services industry! Leading electronic payments provider, Euronet, Inc., recently announced its acquisition of Infinitium, a prominent payment solutions company. This strategic move by Euronet represents a milestone in the company’s growth strategy, allowing them to expand their service offerings and strengthen their position as a global leader in the payments…
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NPCI to launch real-time payment link between India and US
NPCI to Launch Real-time Payment Link between India and US Published on: September 1, 2022 The National Payments Corporation of India (NPCI) has announced plans to launch a real-time payment link between India and the United States. This initiative aims to revolutionize international financial transactions and bolster trade and commerce between the two nations. The…
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Mobile.de collaborates with Mangopay
Stay updated with the latest partnership in the automotive industry. About Mobile.de and Mangopay Mobile.de, Germany’s largest online vehicle marketplace, has recently announced its collaboration with Mangopay, a leading fintech payment solution provider. This partnership aims to provide a seamless and secure payment experience for buyers and sellers within the Mobile.de platform. Enhancing the Vehicle…
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Ila Bank launches Easy Payment Plan feature
Introducing the Easy Payment Plan by Ila Bank As part of its ongoing commitment to provide innovative financial solutions, Ila Bank is excited to announce the launch of its Easy Payment Plan feature. This new offering aims to simplify the payment process and empower customers with greater financial flexibility. Benefits of the Easy Payment Plan…
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Internet Travel Solutions becomes Marqeta’s customer
Internet Travel Solutions, a leading online travel agency, has recently announced its partnership with Marqeta, a global modern card issuing platform. This collaboration marks a significant milestone for both companies as they strive to deliver enhanced travel solutions to their customers. Marqeta: Empowering Modern Payments Marqeta offers innovative payment solutions that facilitate seamless and secure…
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Senator calls card CEOs on congressional carpet
Card companies grilled over controversial practices Yesterday, Senator John Anderson courageously took on the CEOs of major credit card companies during a heated congressional hearing. The hearing, which aimed to address numerous consumer complaints against the industry, shed light on various controversial practices. The main focus of the hearing was the sky-high interest rates charged…