Tag: payments
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BRICS pursues de-dollarisation with blockchain-based payments
The BRICS countries (Brazil, Russia, India, China, and South Africa) have announced their intention to pursue de-dollarisation by exploring the use of blockchain-based payments for their international transactions. This move comes in response to increasing concerns about the dominance of the US dollar in global trade and finance, and the potential risks associated with relying…
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Fiserv lines up FedNow clients
Fiserv, a leading provider of financial technology solutions, has recently announced a number of financial institutions that have signed on to use their services for the upcoming FedNow instant payment platform. The Federal Reserve’s FedNow Service is set to launch in 2023 and will allow for real-time payments to be made between financial institutions 24/7,…
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EU fine challenges Apple’s payments business
Recently, the European Union fined tech giant Apple €1.1 billion for antitrust violations related to its App Store monopoly. This significant fine is expected to have far-reaching implications for Apple’s payments business and may lead to changes in how the company conducts its operations. One of the key issues in the EU’s case against Apple…
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WLPayments partners with Payplug
WLPayments, a leading payment processing company, has announced a new partnership with Payplug, a fintech company specializing in online payment solutions. This partnership aims to provide customers with a seamless and secure payment experience. Benefits of the Partnership Increased Payment Options: Customers will now have access to a wider range of payment methods, including credit…
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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,…
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Surfboard Payments expands into online payments
Surfboard Payments, a leading provider of payment solutions for surf shops and water sports retailers, has announced its expansion into the world of online payments. This move comes as more and more businesses are shifting their focus to eCommerce in light of the global pandemic. With Surfboard Payments now offering online payment processing services, surf…
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Enfuce secures an EMI licence in the UK
Enfuce, a leading fintech company based in Finland, has recently announced that it has secured an EMI licence in the UK. This marks a significant milestone for the company as it continues to expand its presence in the European market. An EMI licence, which stands for Electronic Money Institution licence, allows companies like Enfuce to…
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Capital One-Discover deal may spur payments M&A
Financial services giant Capital One recently announced a landmark deal to acquire rival credit card company Discover. The acquisition, valued at $28 billion, is set to shake up the payments industry and could potentially trigger a wave of mergers and acquisitions in the sector. The deal between Capital One and Discover is seen as a…
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Aevi partners with Silverflow
In an exciting new development, Aevi has announced a partnership with Silverflow, a leading payments technology company. The collaboration between Aevi and Silverflow aims to revolutionize the way businesses accept payments and streamline the payment process for merchants and consumers alike. With Aevi’s innovative payment solutions and Silverflow’s cutting-edge technology, businesses can expect faster,…
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Dyce Energy renews payments partnership with GoCardless
Exciting news for Dyce Energy customers! The leading energy provider has announced the renewal of its payments partnership with GoCardless — a move that will streamline the payment process for customers and improve overall efficiency. GoCardless is a trusted payment provider that offers secure and reliable payment processing solutions. By partnering with GoCardless, Dyce Energy…
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Mastercard to be dinged by Discover deal
Mastercard, one of the largest payment processing companies in the world, is set to face some stiff competition as Discover announced a new partnership that could potentially impact their market share. The deal, which was finalized last week, will allow Discover cardholders to use their cards at a wider range of retailers and online platforms,…
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Infinicept and Parachute Advisory announce partnership
Infinicept, a leading payment facilitation technology provider, has announced a strategic partnership with Parachute Advisory, a consulting firm specializing in payment facilitation and compliance. This partnership will allow both companies to combine their expertise and offer comprehensive solutions to clients in the payments industry. Infinicept’s technology platform will be complemented by Parachute Advisory’s deep knowledge…
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Nukkleus to acquire payments company Mercury Global
Exciting news in the fintech world as Nukkleus, a leading financial technology company, has announced its plans to acquire payments company Mercury Global. This strategic move is set to enhance Nukkleus’ capabilities in the rapidly growing digital payments industry. Benefits of the Acquisition By acquiring Mercury Global, Nukkleus will expand its reach in the global…
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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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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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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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BitRail partners with Payment Lock
Bringing Secure and Efficient Payments to a Wider Audience Exciting news for the financial technology industry, as two industry-leading companies, BitRail and Payment Lock, announce their strategic partnership. This collaboration aims to enhance the security and efficiency of digital payments and revolutionize the way we conduct transactions online. BitRail, a prominent payment processing platform,…
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Xion Global and Callpay forge South African payments partnership
Xion Global, a leading technology company specializing in global payment solutions, has announced its strategic partnership with Callpay, a prominent payment services provider based in South Africa. This collaboration aims to transform the payments landscape in South Africa, leveraging cutting-edge technologies to deliver seamless and secure payment experiences for businesses and consumers alike. With this…
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Nuvei to launch an omnichannel payments solution
Nuvei to Launch an Omnichannel Payments Solution Nuvei, a leading global payment technology provider, has announced the upcoming launch of its highly anticipated omnichannel payments solution. This new product aims to revolutionize the way businesses handle their payment processing across various channels, including online, in-store, and mobile. With the rise of e-commerce and changing consumer…
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Neonomics, Lowell to extend A2A payments across the Nordics
Neonomics, a leading provider of open banking solutions, has partnered with Lowell, an international credit management company, to expand Account-to-Account (A2A) payments services across multiple countries in the Nordics. A2A payments, also known as bank-to-bank transfers, allow users to directly transfer funds between bank accounts, eliminating the need for traditional payment methods such as…