Payments News

On The Web

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Tech

TrueLayer unveils payments API

“London-based developer TrueLayer has unveiled an open banking and PSD2 based payments API for consumers and businesses. The API, which is in public beta, offers a new way to pay for goods and services or transfer money. It is an alternative to credit and debit card payments, bank transfers and traditional payments processors.”
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Tech

Cross River and Railsbank create transatlantic API action

“The arrangement will enable the pair to use each other’s existing platforms, allowing for integration and servicing of their respective fintech customer bases across borders and regions. The partnership will also enable Railsbank’s customers in the UK and Europe the ability to enter the US through their existing integration with Railsbank.”

On The Wires

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Systems

DFS Lab Announces Open Applications for Fintech Hackathon Focused on the Mojaloop Software

“Digital Financial Services Lab (DFS Lab), today announced it was hosting a hackathon in Dar es Salaam, Tanzania April 8 to 12. The Hackathon will offer participants an in-depth look Mojaloop, which is open-source software for financial services companies, government regulators, and others taking on the challenges of interoperability and financial inclusion. Interested applicants can apply on the DFS […]
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Tech

JCB Introduces Web API for Merchant Acquiring to Expand Payments Acceptance Across Europe and Beyond With ACI Worldwide

“JCB International .Co. Ltd, the international operations subsidiary of JCB Co., Ltd., and ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , today announced an alliance to introduce “JCB Web API Service” using ACI’s UP eCommerce Payments solution. JCB Web API Service provides acquirers with a web API-based interface for authorization […]
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Tech

Bottomline Announces Open Banking API Suite

“Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology solutions that help make business payments simple, smart and secure, today announced the launch of its Digital Banking IQ Intelligent Engagement suite, which empowers banks to engage intelligently with customers, deliver a unified digital experience, and acquire, deepen and grow profitable relationships.”
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Tech

NovoPayment Accelerates Digital Payments in Latin America and the Caribbean With Visa Direct and Token Services

“NovoPayment, a Visa Ready fintech partner and leading banking as a service (BaaS) enabler of digital financial and transactional services, today announced that they can now scale the deployment of Visa Direct for instant payments, P2P and P2M payments, account-to-account payments, fast funds and mass payouts, as well as the use of Visa Token Services. […]
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Tech

Citi APIs for Treasury Services Calls Now Over 157M Per Month

“Since the launch of CitiConnect API, Citi has moved over $26 billion for clients using a set of over 50 unique APIs. The pace of CitiConnect API adoption is accelerating, with 18 million calls in November 2018, growing to over 157 million calls by August 2019, representing a growth rate of 750%. Since then, the number […]
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Tech

Digital River Unbundles Its Commerce Stack, Breaking Open an Unparalleled Suite of Possibilities for Merchants and Shoppers Alike

“Digital River , the most experienced global ecommerce enabler for established and fast-growing brands, announced today that it has transitioned to a “headless” approach , building out its suite of APIs and microservices. This move enables brands to combine best-of-breed solutions from multiple providers to create a flexible ecommerce offering designed to meet increasingly complex […]
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Tech

TaxCloud Releases New Integration With Stripe

“Today TaxCloud, a leading online sales tax compliance service for online retailers, announced that users of Stripe’s payments platform can now connect to TaxCloud to easily manage their U.S. sales tax obligations. This announcement comes as many more online retailers find themselves having to collect sales tax in additional states since the Supreme Court issued […]