Payments News

On The Web

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Companies

UPI Collaborates with Korea Easy Payment Foundation and BC Card to Enable UnionPay QR Payment at ZeroPay Merchants

“UnionPay International (UPI) announced its partnership with the Korea Easy Payment Foundation and BC Card to enable the merchants of ZeroPay, a local mobile payment service provider in South Korea, to accept UnionPay QR codes. This partnership enables UnionPay cardholders visiting the country to make QR payments with their UnionPay App at the merchants accepting ZeroPay. In the […]
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Companies

Stripe Enables Fiat-to-Crypto On-Ramp

“Global payments processing company Stripe is launching its own fiat-to-crypto on-ramp, allowing customers to exchange dollars for cryptocurrencies. Stripe’s new transactions solution is billed as a customizable widget, which can be directly embedded within different DeFi platforms.  The most common way to on-ramp fiat-to-crypto today is to purchase cryptocurrencies through a centralized exchange — including […]
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Companies

Nacha’s Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network

“Nacha’s Payments Innovation Alliance has created a new resource aimed at financial institutions, billers and payments processors. Voice Payments: Guide to Nacha’s Operating Rules identifies the most common conversational payments use cases, offers answers to frequently asked questions and assists in determining the Standard Entry Class (SEC) Codes for consumer bill payment use cases using voice-assisted devices […]
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Companies

OnlineCheckWriter.com Users Can Now Send and Receive International Payments in Any Currency

“OnlineCheckWriter.com, a leading B2B payments company, announced today that businesses could make international payments through the platform in any currency of their choice. Users could create wallets funded through different currencies and transact as required. Payers can initiate transactions in any currency of choice, while the payees would be free to accept funds in their preferred […]
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Companies

Plaid Co-Founder’s Next Venture is a Bank to Power Fintech Apps

“In 2019, William Hockey, the co-founder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. Having helped to grow Plaid into a multibillion-dollar business with fellow co-founder Zach Perret, Hockey left for other pursuits and to — as he put it in a June […]

On The Wires

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Companies

Bank of the West Joins Forces With Extend to Optimize B2B Payments with Virtual Card Distribution and Management

“Extend, a leading virtual card and spend management platform, today announced a collaboration with Bank of the West, which has more than 600 branches and Commercial Banking Offices across the Midwest and Western United States. Bank of the West small and mid-size clients can begin using Extend in minutes, without any technical integration or additional application […]
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Companies

Intuit to Acquire Financial Health Startup SeedFi

“Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today it has entered into an agreement to acquire SeedFi, the partner behind Credit Karma’s Credit Builder1, which helps low, or no-credit borrowers build credit while saving money, all for free. Credit Builder offers a line of credit and a secured savings account […]
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Companies

American Express Launches Amex Business Link™, a New Digital B2B Payments Ecosystem for Network Participants

“American Express  announced Amex Business Link™, a new business-to-business (B2B) payments ecosystem for network issuing and acquiring participants to offer to their business customers. Amex Business Link makes managing payments easier for buyers and suppliers of all sizes by accepting card and non-card payments and supporting domestic and cross-border transactions. The new digital ecosystem is equipped […]
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Companies

Thales Addresses Inclusivity With Its ‘Voice Payment Card’

“Today, most banking services are not adapted for people with disabilities. 90% of visually impaired people have once in their life faced fraud or encountered a mistake at a point of sales. This statistic prompted Thales to develop a solution which offers trust and autonomy to people with impaired vision in their daily payment experiences. […]