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Payments & PayTech

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PayU Facilitates Online Transactions With Google Pay Integration

In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integration provides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is…

FinTech · 2024年12月30日 · 阅读约 3 分钟

Visa Completes Acquisition of Featurespace

Visa (NYSE: V) has successfully completed its acquisition of Featurespace, a leading developer of real-time artificial intelligence (AI) technology designed to prevent and mitigate payments fraud and financial crime risks. This acquisition strengthens Visa’s fraud protection capabilities, further enhancing security for customers and consumers worldwide. As part of the deal, Visa will integrate Featurespace’s AI-powered fraud detection…

FinTech · 2024年12月22日 · 阅读约 2 分钟

PayRetailers Gets Approval for Acquisition of Transfeera

Brazil’s Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved PayRetailers’ acquisition of Transfeera, a fintech specializing in payment solutions for businesses. The acquisition is a significant part of PayRetailers’ strategy to expand its operations in Brazil, following its receipt of a payment institution license from the BCB in April 2024. The deal will provide PayRetailers with…

Venture & Investment · 2024年12月22日 · 阅读约 2 分钟

Trulioo Transactions Surge 34% for Global Marketplaces, 21% for Payments Enterprises in 2024

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a 34% increase in marketplace transactions and 21% in payments in the past year as digital commerce rapidly expands across the globe. The surge in transaction volume reflects how payments and marketplace platforms are responding to a boom in ecommerce and cross-border…

FinTech · 2024年12月22日 · 阅读约 4 分钟

Visa Appoints Episode Six to its Ready for Government Disbursements Scheme

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announces a partnership with payment solutions and services provider Secupay to provide asylum seekers with payment cards, enabling them access to financial support from the German Government. By integrating E6’s powerful enterprise-grade card issuance and transaction processing technology, and supported…

FinTech · 2024年12月19日 · 阅读约 3 分钟

Morgan Stanley selects Wise Platform to enhance payments capabilities for corporate clients

Wise, the global technology company building the best way to move and manage the world’s money, today announced that it has been selected by Morgan Stanley, a leading global financial services firm, to facilitate Morgan Stanley’s foreign exchange international settlement capabilities for its corporate customers. Morgan Stanley will offer clients high-speed cross-border settlements through Wise…

FinTech · 2024年12月18日 · 阅读约 2 分钟

Tietoevry Banking Integrates Visa Direct into Its Payment Hub

Tietoevry Banking has announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. This move will enable Tietoevry Banking’s client financial institutions to offer corporate customers Visa B2B Connect payments, delivering faster, more cost-effective and transparent payment options when transacting across borders. For decades, cross-border payments between businesses have been fraught…

FinTech · 2024年12月17日 · 阅读约 2 分钟

PayU first payment gateway in Colombia to integrate Google Pay

In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integrationprovides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to…

FinTech · 2024年12月17日 · 阅读约 2 分钟

Volume Raises $6 Million to Revolutionize Payments and Eliminate Internet Transaction Fees

Volume, the payments fintech startup transforming online payments with account-to-account (A2A) technology, has raised $6 million in a round led by United Ventures, with participation from Fabrick, the open finance platform part of the Sella Group, and existing investors Firstminute Capital, SeedX and Haatch, who doubled down on their support. Having found product-market fit and processing…

Venture & Investment · 2024年12月17日 · 阅读约 4 分钟

Slope Taps Marqeta to Power Buy Now, Pay Later Card, Enabling Brands And Marketplaces To Offer Flexible Loan Options

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced its customer Slope, powering the Slope Card and enabling low interest Buy Now, Pay Later (BNPL) loan options for its commercial customers. The Slope Card enables businesses to pay in-store or online with 30 or 60 day loan…

FinTech · 2024年12月13日 · 阅读约 4 分钟

The Payments Association shapes the future of sustainable digital payments

The Payments Association, the most influential community in payments, has released a report examining how a standardised approach to measuring carbon emissions in the digital payments processing value chain is needed across the payments industry. The aim is to develop a framework that allows payments firms to meaningfully measure carbon emissions in the digital payments…

FinTech · 2024年12月12日 · 阅读约 3 分钟

The majority of merchants challenge fraudulent chargebacks—but rarely win

A recent survey conducted by Chargebacks911, the global chargeback technology leader, revealed that on average, 45% of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants. However, even with…

FinTech · 2024年12月12日 · 阅读约 4 分钟