Payments News

On The Web

nbsp;

Companies

Speedchain Partners with Mastercard to Modernize Commercial Debit and Credit Payments

“Speedchain Inc., a fintech focused on revolutionizing business to business commerce via its connected data platform, today announced a multifaceted partnership with Mastercard. Leveraging Mastercard’s network and innovative payments technology, Speedchain member organizations of all sizes can experience modernized ways to pay by connecting virtual purchasing cards to the Speedchain platform and leveraging Mastercard rails […]
nbsp;

Companies

Introducing Lithic Send: A New Suite of Products for Card Disbursement Programs

“Lithic, the leading card issuing API company, today announced Lithic Send, a new suite of products designed for companies that need a faster, more flexible way to build out card disbursement programs such as incentives, payouts, rebates, and rewards. These products include built-in tools that limit the number of integrations and custom development needed to […]
nbsp;

Companies

Inswitch and Mastercard International Partner to Launch Embedded Payments and Issuing Programs Across Industries

“Inswitch, a fintech technology company with focus on embedded solutions for banking and payments, and Mastercard International Incorporated have partnered to design and deliver digital payment solutions and issuing programs starting with selected countries across LAC. Inswitch will start issuing cards as a Mastercard principal member in Mexico, with plans to expand quickly to key markets […]
nbsp;

Companies

Circle Announces Acquisition of Elements to Accelerate Crypto Payments

“On stage at Converge22 today, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of entry for merchants to access next-gen payments and financial services. The new […]
nbsp;

Companies

Deutsche Bank Partners with Visa to Prevent Fraud in Online Retail

“Deutsche Bank and Visa are entering into a new collaboration to help prevent online retail fraud. Merchants who process their e-commerce payments via Deutsche Bank can now use “Decision Manager”, an automated fraud detection system from Visa-owned company Cybersource. The solution works like a risk management system and calculates a risk value for each individual […]
nbsp;

Companies

Worldline to Acquire a 40% Stake in Online Payment Platform B.V.

“Worldline, a global leader in payment services, announces an agreement for the acquisition of a 40% stake in Online Payment Platform B.V., an online Payment Service Provider with a dedicated payment solution for marketplaces and platforms. Transactions through marketplaces and platforms make up approximately one third of the European e-commerce volumes and are expected to […]
nbsp;

Companies

Meta’s Rebranding of Facebook Pay to Meta Pay is Rolling Out Globally

“Facebook Pay is officially being renamed Meta Pay for users around the world, the company announced on Wednesday. Meta kicked off the rebrand in the United States in June, and is now making the change globally. Starting today, users will see the rebrand roll out across Meta’s products in nearly 200 countries. The company notes […]
nbsp;

Companies

Recurly Enhances Revenue Recognition Solution, Helping Subscription Businesses Automate Complex Accounting Processes

“Recurly , Inc . , a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue recognition and forecasting solution. This acquisition will create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better focus on driving growth among […]
nbsp;

Companies

M-PESA to Be Separated from Safaricom by January 2023

“The Safaricom split story has always been a hot discussion topic among lawmakers, and other people with vested interests in the matter. The story, while highly disputed by Safaricom’s internal teams and top leadership, with former CEO the late Bob Collymore once saying that the company must never be punished for being successful, was linked […]
nbsp;