Payments News

On The Web

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Companies

Adyen Selected As First Financial Technology Platform to Launch Cash App Pay

“Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has partnered with Cash App (Block, Inc.) to offer Cash App Pay, a mobile payment method, to Adyen’s U.S. customers. Businesses working with Adyen will have access to Cash App Pay as an integrated payment method for their U.S. customers. The payment […]
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Companies

Payments Firm That Shed $16 Billion Emerges as Best Brazil Stock

“Payment processing company Cielo SA is pulling off an unlikely comeback after four years of declines, as the deep pockets of its principal backers allow it to ride out the surge in Brazilian interest rates this year. Shares in the Barueri, Sao Paulo-based company have more than doubled in 2022, leading gains on the nation’s […]
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Companies

Nebeus Partners With Modulr for European Expansion

“Nebeus has announced a partnership with payment platform Modulr as it looks to expand its crypto lending operations across the UK and Europe. The partnership will add fiat accounts, payments and cards for Nebeus’ crypto lending app, helping to bridge the gap between fiat and crypto. Accounts and embedded features offered on Modulr, like Direct […]
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Companies

Fintech Giant Stripe Jumps Into Crypto With a Feature That Lets Twitter Users Get Paid in Stablecoin

“Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets. The $95 billion online payments company said Friday it will start offering merchants the ability to make payouts in crypto through the stablecoin USDC, which is issued by […]

On The Wires

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Companies

Remitly to Acquire Rewire to Expand into Complementary Geographies with Account-Based Remittance Product

“Remitly Global, Inc., (NASDAQ: RELY) (“Remitly”), a leading global digital financial services provider for immigrants and their families, today announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will acquire Rewire for approximately $80 million consisting of a […]
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Companies

Primer Partners With Hoolah to Bring ‘Buy Now Pay Later’ Solution to Fuel Merchants’ Growth Across Asia

“hoolah, Asia’s leading omnichannel ‘Buy Now Pay Later’ (BNPL) platform, today announces its partnership with Primer, the world’s first no-code automation platform for payments and commerce, allowing merchants in Singapore, Malaysia, and Hong Kong to integrate hoolah’s BNPL solution, while providing consumers payment flexibility and an optimised, seamless shopping experience. An unprecedented innovation in the payment industry, Primer allows merchants to truly […]
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Companies

Alacriti Featured in Federal Reserve’s New FedNowSM Service Provider Showcase, Expands Its Unified Payments Platform for the FedNow Service

“Alacriti , a fintech company specializing in payments and money movement, is proud to be featured in the Federal Reserve’s new FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions. In addition, connection to the upcoming […]
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Companies

U.S. Xpress Goes “OnRoad” With Comdata

“Comdata, Inc. , a FLEETCOR company and world leader in payment innovation, today announced a recent partnership with U.S. Xpress (NYSE: USX) to advance and enhance its fleet management operations. U.S. Xpress will implement use of Comdata’s OnRoad program to accommodate and facilitate both company and driver purchases.The Comdata OnRoad Card is a universally accepted […]
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Companies

U.S. Bank, Apex Fintech Solutions to Deliver Real-time Payments to Brokerages

“U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services to some of the top online brokerages, powering the future of digital wealth management through […]