Category: Payments

Visa
August 18, 2021 BY Steffy Bogdanova

i2c working with Visa to offer BNPL payment solution

Mary Kay Bowman, global head of buyer, seller, core and platform products at Visa, commented: Customers love the flexibility of being able to pay over time with installments, as evidenced by the rapid growth in the space. At Visa, we’re working with partners like i2c to accelerate the distribution of more BNPL payment options for…

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Acquisition
August 16, 2021 BY Steffy Bogdanova

Paysafe signs a $441 deal to acquire SafetyPay

Philip McHugh, CEO of Paysafe, commented: We are very excited to welcome SafetyPay into the Paysafe family. The team has successfully built a market-leading payment platform that has become the de facto open banking solution for Latin America. We look forward to partnering with Gustavo and the team to continue to build eCash and online…

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Acquisition
July 23, 2021 BY Steffy Bogdanova

Visa to acquire Currencycloud for $700 million

Cross-border payments have registered significant growth recently, attributed to growing demand from business of all sizes to engage in international trade. Currencycloud will contribute to Visa’s network by widening access to international payment products that help businesses meet their cross-border needs. Mike Laven, Chief Executive Officer, Currencycloud, said: At Currencycloud, we’ve always strived to deliver…

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BDSwiss
July 14, 2021 BY Steffy Bogdanova

BDSwiss teams up with PayPugs for payment services

BDSwiss Head of Payments, Andreas Evripidou commented: We understand that we need to do everything possible to provide a superior trading and investing experience to our clients. PayPugs’ extensive portfolio of payment services will further strengthen our existing payment infrastructure and support our global clients and partners in conducting seamless cross-border and multi-currency transactions. Evripidou…

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digital wallet
July 13, 2021 BY Steffy Bogdanova

Skrill adds 20 new cryptocurrencies to its digital wallet

Skrill was initially launched in 2018 and since then it has been expanding and strengthening its crypto offering adding new currencies and functionality. Skrill’s crypto services is now available in almost 100 countries. Customers of the digital wallet can make direct crypto-to-crypto currency conversions and set recurring or conditional orders, for example, based on price…

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June 21, 2021 BY Steffy Bogdanova

Deutsche Bank and Fiserv reveal joint venture for payments acceptance in Germany

Deutsche Bank and Fiserv plan to bring multiple payment solutions together, complementing Deutsche Bank’s banking offering. It will ultimately save merchants from having to enter into multiple contracts with a variety of payment providers. Stefan Hoops, Head of Corporate Bank at Deutsche Bank, said: By combining Fiserv payment solutions with our banking products, we will…

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NAGA announces new payments platform
June 15, 2021 BY Steffy Bogdanova

NAGA announces new payments platform

Benjamin Bilski, CEO of NAGA, said:  Our first NAGA card offering suffered from technical limitations and did not meet all our customers’ needs. In choosing to work with Contis, we’ve gained a strong and highly experienced partner with a documented track record and industry leadership. Contis brings a proven ability to deliver large scale payment…

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Societe Generale
June 14, 2021 BY Steffy Bogdanova

Societe Generale and Kyriba team up to launch treasury management solution

Through their new solution, Kyriba and Societe Generale will be offering real-time monitoring of treasury positions and provisional management of liquidity flows, payment automation (remittances), banking delegation and mandate management, enhanced fraud management and multi-bank connectivity and ERP, payment validation workflow management. Edi Poloniato, co-Head Banking Solutions for Kyriba added: We are very proud to…

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Equiti mastercard
June 09, 2021 BY Steffy Bogdanova

Equiti releases payment card and mobile app

Ahead of the launch, traders were informed of the Equiti prepaid Master card and app and they demand showed a roughly 250% higher uptake rate than originally anticipated. Mohamed Alahmad, managing director for the Middle East region at Equiti, said: Equiti aims to make our client’s experience a global market disruptor so we are thrilled…

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Visa
June 08, 2021 BY Steffy Bogdanova

Visa teams up with Goldman Sachs to improve global payments

Alan Koenigsberg, global head of new payment flows, Visa Business Solutions said: There is an immediate need for modernization of global money movement to help businesses around the world simplify and enhance how they pay and get paid across borders. Visa’s partnership with Goldman Sachs Transaction Banking is an important milestone in our efforts to…

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