PaymentsTalk
Wrapping up latest news about collaborative partnerships in payments industry
April 25
Global Payments to buy Worldpay and divest Issuer Solutions arm to FIS
Global Payments has agreed to acquire Worldpay from private equity firm GTCR and fintech company FIS for a total value of $24.25bn and divest its Issuer Solutions business to FIS for $13.5bn.
The acquisition will result in a combined entity with the capacity to serve over six million customers, enabling nearly 94 billion transactions and managing around $3.7tn in transaction volume across more than 175 countries.
The move is intended to extend Global Payments' reach across various geographies, vertical markets, and the full spectrum of merchants, from small and medium-sized businesses to large enterprises. The divestiture and the acquisition of Worldpay are planned to occur simultaneously, with the sale transaction involving cash and FIS' stake in Worldpay.
March 25
Payment Orchestrator BR-DGE and Traveltek Team Up to Transform Travel Payments
BR-DGE, the breakthrough payment orchestration provider, announced a strategic partnership with Traveltek, a leading provider of travel technology. This latest partnership adds to BR-DGE's fast-expanding presence among travel companies and booking platforms, highlighting its success in helping them access payment innovations, lower operational costs, and enhance their tech stack.
Under the new deal, BR-DGE’s payment orchestration solution will be integrated into Traveltek’s internet booking engine, iSell. The enhanced offering will enable Traveltek to access BR-DGE's impressive modular payments capabilities, including payment method connectivity, tokenisation, dynamic smart routing and multi-acquiring, and data analytics through a single integration into BR-DGE's platform.
March 25
RTGS.global and TransferMate Announce Strategic Partnership to Streamline Cross-Border B2B Payments
RTGS.global, the next generation settlement company revolutionising cross-border payments, and TransferMate, the world’s leading provider of B2B payment infrastructure-as-a-service (IaaS), have announced a strategic partnership which sees TransferMate join RTGS.global’s real-time settlement network to streamline cross-border payments for global businesses.
By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time international payments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.
RTGS.global’s instant atomic settlement solution solves historic and emerging challenges associated with cross-border payments and liquidity management. Its platform enables quick, secure and risk-free transactions across different currencies and geographies. Partnering with TransferMate, who have built a world leading, regulated payments infrastructure, will empower businesses making cross-border payments to transact as easily as if making a domestic funds transfer.
By joining RTGS.global’s network, TransferMate will expand RTGS.global’s reach in more than 200+ countries and territories across the globe, and enable businesses using the network to increase liquidity, reduce costs, and improve transaction speeds.
March 25
dLocal and Belmoney Partner to Transform Cross-border Remittances Across Key Emerging Markets
dLocal, the leading payment platform connecting global merchants to emerging markets, has announced a strategic partnership with Belmoney, the first Remittance-as-a-Service (RAAS) provider in Europe.
Through this partnership, dLocal enables Belmoney to facilitate cross-border payouts, leveraging over 900 local and alternative payment methods (APMs), such as credit and debit cards, bank transfers, and instant transactions in Bangladesh, Ecuador, Peru, and Pakistan—along with digital wallets like OPay in Nigeria and GCash in the Philippines. This integration significantly improves processing speeds, service reliability, and cost efficiency, ensuring that users receive their funds quickly and securely.
March 25
Marqeta to Acquire TransactPay, Strengthening Card Program Management Capabilities in the UK and Europe
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, today announced that they have entered into an agreement under which Marqeta will acquire TransactPay.
Marqeta customers will be able to take advantage of full card program management capabilities in the UK and EU, and avoid the added complexity associated with engaging multiple partners.
The integrated offering will include dedicated customer and production support and strategic bank, network and regulatory relationships, ensuring card programs can scale throughout the region. Customers can partner with Marqeta as a trusted ally that can assist with navigating the local regulatory environment.
Feb 25
Explore Market Trends and Opportunities in Global Ecommerce – The Paypers’ New Report
The first edition of the Global Ecommerce Report highlights the transformative shifts in the ecommerce and payments industries.
With the increased tendency towards globalisation, digitalisation, and hyper-personalisation, cross-border ecommerce is no longer just about selling across borders – it has become a global experience driven by customer choice and enabled by evolving technologies.
We’re living in an era characterised by change, and businesses interested in doing more than just surviving must stay informed about industry trends, emerging payment technologies, and thriving growth markets. The Global Ecommerce Report – Tackling Challenges and International Expansion with Strategic Partnerships aims to be a guide for navigating this complex landscape.
In this new edition, The Paypers has compiled insights from key stakeholders – top industry consultants, merchants, and payment service providers (PSPs) – who answer the most pressing questions and share winning strategies.
Feb 25
Mercuryo partners Revolut to launch Revolut Pay for purchasing crypto
Mercuryo has partnered with Revolut to launch Revolut Pay, a platform that facilitates the purchase process of digital currencies on non-custodial wallets, including Ledger, MetaMask, and Trust Wallet.
The launch introduces the service’s rollout across Mercuryo’s merchant ecosystem. Revolut Pay will offer users a cost-effective option for a reliable and safe on-ramp solution.
This payment method will be available in the European Economic Area to provide users access to a variety of fiat currencies such as the USD, EUR, and GBP. The digital bank will also allow the purchase of 44 crypto assets through the Revolut Pay service infrastructure.
Feb 25
Worldpay to acquire Ravelin
Worldpay has acquired Ravelin, an AI-native fraud prevention platform, in order to optimise its portfolio of solutions and deliver more value to customers.
Following this announcement, the aquisition of Ravelin is set to complement and enhance Worldpay’s portfolio of value-added solutions, as well as enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally.
In addition, both companies will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the industry as well.
Feb 25
Pay.com and Volt Partner to Advance Real-Time Payments Innovation
Volt, the global real-time payments platform, has been selected by leading payments orchestration infrastructure Pay.com as its new strategic open banking partner.
The partnership will give Pay.com’s merchants, notably those in the wealthtech, retail and iGaming industries, access to Volt’s Instant Bank Transfer solution – enabling their end users to securely make payments from their bank account in real time.
Jan 25
REPAY and Worth Partner for KYB and Underwriting Tools to Speed Merchant Onboarding and Vendor Enrolment
REPAY, a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation.
REPAY’s integration with the Worth platform will enable faster merchant onboarding and high-volume AP vendor enrolments, leveraging Worth’s 1,100-plus data points for precise, transparent and timely decisioning of underwriting and onboarding activities. The tool will be deployed across the Consumer and Business Payments verticals in support of merchant and vendor onboarding activities respectively.
Jan 25
Nuvei Partners With Outpayce from Amadeus
Nuvei Corporation announced partnership with Outpayce from Amadeus, as its latest payments service provider to be integrated into Outpayce’s Xchange Payment Platform (XPP).
This strategic partnership positions Nuvei as a global leader in advancing Outpayce’s innovative payment ecosystem. Travel businesses leveraging Outpayce’s XPP can now seamlessly access Nuvei’s expansive suite of payment capabilities, enhancing their ability to process transactions efficiently and securely across geographies.
Dec 24
Coinbase Partners with TripleA to Advance Crypto Payments
Coinbase, a leading cryptocurrency exchange, has partnered with Singapore-based TripleA, a licensed cryptocurrency payments provider, to expand their global crypto payment ecosystem.
This collaboration will leverage TripleA's regulatory approval from the Monetary Authority of Singapore (MAS) to offer businesses crypto payment solutions, including payments, payouts, and remittances. Both companies aim to simplify cryptocurrency adoption for businesses and individuals worldwide, emphasising secure and compliant services.
Dec 24
Mambu acquires Numeral to enhance payment technology capabilities
Cloud banking platform Mambu has acquired French fintech Numeral this week in a deal that is expected to advance Mambu’s payment capabilities, helping it capture a wider audience. Financial terms of the agreement were not disclosed.
The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established market player.
With Numeral’s platform, Mambu is set to drive new value from wider audience segments that will increase its overall share of the market. It also offers a unique strategic fit to the foundation of the cloud banking leader’s long-term expansion efforts.
Nov 24
Ecommpay Expands Token.io Partnership for Open Banking
Ecommpay, a global payment platform, has expanded its partnership with Token.io, a provider of account-to-account (A2A) payment infrastructure. The collaboration now includes virtual accounts for the Netherlands, Spain, France and Ireland, bolstering Ecommpay's Open Banking Advanced offering.
Virtual accounts, a feature that enables businesses to receive real-time settlement confirmation and process API-driven refunds or payouts, are now available in these four additional markets. This expansion aims to improve transaction speed and efficiency for e-commerce merchants.
Nov 24
Forter and Paydock are Joining Forces
Forter and Paydock are joining forces to deliver an integrated solution that will reshape the opportunity merchants and acquiring banks have to lead the market in fraud and payments. This partnership, leveraging Forter’s AI-driven fraud insights within Paydock’s payments enablement infrastructure, is designed to help businesses take on these challenges in a more seamless, scalable way.
As Forter and Paydock prepare to launch this solution in early 2025, the partnership signals a forward-thinking approach to both payments and fraud management, designed to stay ahead of evolving threats and business needs. Together, Forter and Paydock are setting the stage for a more resilient, adaptive future in digital commerce, empowering businesses to scale confidently and securely in the face of tomorrow’s challenges.
Oct 2024
Lowell extends partnership with Tietoevry for debt collection service
Lowell, one of the largest credit management companies in Europe, has signed a three-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the end-to-end collection solution driving growth.
The new contract ensures continued use of Collection Suite Nova, the end-to-end collection solution, delivered as Software as a Service (SaaS) from Tietoevry’s private cloud. The agreement covers service in Sweden.
The transition to a SaaS model has enabled Lowell to streamline its operations and focus more on its core business. Through this delivery, Lowell benefits from a compliant solution that enables scalability and supports business growth. Additionally, Lowell has improved its time to market for new functionalities, client onboarding and revised offerings.
Oct 2024
Zopa Bank partners with John Lewis Money to offer personal loans directly to its 23 million customers
With this new partnership, consumers can access Zopa Bank personal loans through the John Lewis Money website, giving consumers more finance options that are simple, transparent, and have great value.
Customers can get a personalised loan quote in 3 minutes with no impact to their credit score, with most customers accessing their money in under 2 hours once their loan has been approved.
With loans starting from £1,000, the move will make Zopa Bank’s trusted loan products accessible to more John Lewis customers - whether it’s for a new car, the wedding of their dreams, or making a house a home. The maximum loan available is £35,000, with the term ranging from one through to seven years.
Sep 2024
Lopay and YouLend partner to provide financing for UK SMEs, surpassing £1 million in funding
Lopay, a London-based payment processing app that focuses on faster payouts and lower processing fees, has announced a strategic partnership with YouLend, the leading global embedded financing platform, to make flexible and affordable business financing available for Lopay’s 40,000+ customers.
This partnership seamlessly integrates access to capital into Lopay’s Point of Sale (PoS) platform – helping SMEs gain a competitive edge in the UK market. Lopay customers will continue benefiting from Lopay’s competitive payment fees while gaining access to capital to tackle the cash flow challenges businesses face daily.
Sep 2024
Ebury partners Salt Edge to expand its Open Banking presence
Ebury has partnered with open banking provider Salt Edge to integrate its PSD2 APIs. This collaboration will enable both companies to enhance visibility and attract new customers while offering existing customers open banking services.
Ebury has built a secure, end-to-end payment infrastructure that offers its clients a wide range of international payment, FX and lending solutions. The company aims to simplify and power global trade by making it more accessible for businesses of all sizes. Its robust technology is designed to help clients scale and transact worldwide. With Salt Edge’s open banking expertise, the company can extend its reach and help clients unlock global growth.
Sep 2024
FinMont Announces Partnership with Leading Cross-Border Payments Specialist, Inpay
Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay.
The new alliance will allow FinMont to incorporate Inpay’s global banking network into its own payments ecosystem, expanding Finmont’s global reach and speeding up cross-border disbursement times for the benefit of its international travel merchants.
Sep 2024
Tarabut acquires payments platform Vyne
Open banking platform Tarabut today announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses.
This strategic acquisition, which has been approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), bolsters Tarabut’s ability to deliver faster, more accessible, and more interconnected financial services, both across the region and globally.
The integration of Vyne’s advanced technology into Tarabut’s operations will bring cutting-edge A2A payment capabilities to the Middle East, starting with Bahrain, where the first customer is expected to go live by the end of the year, and expanding to Saudi Arabia and the UAE as Open Banking regulations evolve.
July 2024
Outpayce From Amadeus Builds B2B Digital Wallet on Mambu
Outpayce has selected Mambu’s cloud banking platform to launch its multi-currency digital wallet offering to simplify the end-to-end travel payments experience.
Amadeus, a global leader in the travel tech industry, launched Outpayce last year as a standalone entity to evolve its travel payments business, facilitating B2B payments to the travel industry. Last year, Amadeus processed more than $160 billion in payments amongst its customer-bases worldwide.
While securing its EMI licence, Outpayce turned to Mambu for its track record of supporting financial institutions in their core modernisation journeys and for its global presence, operating in 65+ countries.
As a key payment player in the travel industry, Outpayce required a robust core banking system to support a high volume of transactions and current accounts. Running on Mambu provides Outpayce with the ability to configure, launch and optimise a breadth of financial products through its self-service, SaaS platform, all from the cloud.
June 2024
Ecommpay Announces Partnership with BigCommerce
Ecommpay, the end-to-end payments platform for eCommerce, has added BigCommerce to its list of integrations. It will enable UK and EMEA merchants access to a payment solution that helps them save on the costs associated with payment processing via intelligent routing and cascading, as well as increase approval rates, enhance the checkout experience, and ensure secure payments.
The new ready-to-use plugin will allow customers to upgrade their payment systems with no downtime, using a simplified integration process. Via one single integration, customers can now enable a wide range of global and local payment methods, including PayPal, Apple Pay, Google Pay, and Ecommpay’s own in-house Open Banking solution, as well as Buy Now, Pay Later (BNPL) options like Klarna and PayPal Credit, and Direct Debit.
June 2024
NatWest to buy most of Sainsbury’s Bank
NatWest is to buy most of Sainsbury’s banking business in the first significant deal by new chief executive Paul Thwaite and one that accelerates the supermarket sector’s exit after a failed push into financial services.
The state-backed bank said on Thursday it had agreed to buy £2.5bn of assets, including unsecured loans and credit card deposits and £2.6bn of liabilities, from the supermarket chain. The deal does not include Sainsbury’s Bank’s cash machine, insurance and travel money business or Argos Financial Services. Sainsbury’s will pay NatWest £125mn as part of the deal.
As part of the transaction NatWest Group also expects to add around one million customer accounts.
It will also receive a £125m payment from the retailer when the deal completes in the first half of 2025.
The deal marks a wave of consolidation among smaller lenders in the UK banking market, alongside the phased retreat of supermarket operators from the industry. In February, Barclays struck a deal to buy most of Tesco Bank for £700m.
May 2024
Wirex chooses OpenPayd to launch embedded accounts across UK and EEA
OpenPayd announced its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex's core mission to provide easy, fast and secure payment methods to its customers.
The partnership will see OpenPayd issue virtual IBANs to Wirex customers in 30+ countries across the UK and EEA. Customers will have access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals.
The service will be fully embedded into Wirex's infrastructure via OpenPayd's single, developer-friendly API. Wirex customers will receive a unique, named IBAN, enabling them to seamlessly transfer EUR and GBP between their Wirex and bank accounts.
May 2024
Flutterwave & Acquired.com partner for card payments on Send App
Flutterwave has partnered with Acquired.com to help users process domestic card payments on Send App, Flutterwave’s flagship remittance product.
Leveraging Acquired.com’s payment processing expertise, Send App will offer faster and more secure outward remittance transactions for UK and EU cardholders sending money to their business partners or loved ones in Africa.
A pivotal aspect of this partnership involves Acquired.com’s work with Flutterwave on payment optimisation. This entails tailored analysis, presenting results, and offering recommendations to enhance Flutterwave’s processing capabilities further and streamline the customer journey. These recommendations, combined with the introduction of intelligent BIN routing through Acquired.com’s multiple acquiring connections, have resulted in a frictionless customer experience.
April 2024
ComplyAdvantage buys Golden to boost financial crime intelligence
AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion in a deal that brings Andreessen Horowitz in as a shareholder.
an Francisco-based Golden is a startup "automating the construction of one of the world’s largest knowledge graphs, which shows interconnected data points and their relationships for the purpose of analysing complex information".
ComplyAdvantage says Golden’s data extraction and disambiguation will bring additional sources into its data ingestion layer to provide clients with more comprehensive, real-time financial crime risk insights.
April 2024
Viva.com Partners With BANCOMAT the Leading Payment Network in Italy
Viva.com, Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and BANCOMAT, the leading payment network in Italy, announced today their strategic partnership. A testament to its localised approach, Viva.com will now enable its Italian merchant network to accept PagoBANCOMAT ®, shortly followed by BANCOMAT Pay ®, the most popular payment methods for millions of Italian consumers.
Future plans include strategic expansion of reach beyond current borders, to offer merchants all over Europe the opportunity to proactively cater to international customers by integrating their preferred local payment methods. This initiative will empower merchants to stay at the forefront of global commerce, ensuring seamless transactions.
March 2024
NatWest invests in Icon Solutions reinforcing commitment to payments modernisation
NatWest Group has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services. The investment follows the news last September that NatWest selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation.
Launched in 2020, IPF is a low code payment framework that empowers business payment experts to create industry leading workflows, along with enabling software engineering teams to quickly extend and create highly customizable integrations into existing bank systems.
The investment and ongoing partnership with Icon Solutions is expected to accelerate NatWest’s strategic outcomes in the payment space, provide customers more choice and lay the foundation for future payments innovation.
March 2024
GoCardless has entered an agreement to acquire Sentenial & Nuapay
EML Payments Limited has entered into an agreement to sell the Sentenial Group (operating globally under the brand Nuapay) to GoCardless, subject to regulatory approvals.
The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as a key payment provider to existing and new customer segments including Independent Software Vendors (ISVs) and Payment Service Providers (PSPs).
In addition, by incorporating Nuapay’s offering into its bank payment platform, GoCardless will fast-track the rollout of new disbursement capabilities to its customers and prospects.
This will enable GoCardless to unlock new vertical sectors and use cases in areas including payroll, financial services, utilities, insurance, gaming and gambling. Businesses and partners will benefit from a full-service provider with a relentless focus on bank payments, enabling disbursements and payment collection through direct debit, real-time payments and open banking, alongside enhanced features for improving payment success and reducing fraud.
March 2024
Airbase & Sardine team to combat payment and vendor fraud
Spend management and procurement platform, Airbase, has partnered with behavioural-based fraud management vendor, Sardine.
This partnership underscores a shared commitment to enhancing customer financial security against a backdrop of soaring vendor and payment fraud.
This strategic collaboration with Sardine underscores Airbase’s commitment to safeguarding customer finances and reinforces its standing as a trusted spend management platform.
Sardine’s unique approach to fraud prevention resonates with Airbase. “Collaborating with Sardine feels like expanding our internal team,” said Airbase’s Manager of Fraud and Chargeback, Preston Miller. “Their deep understanding of fraud, combined with their flexible product, enhances our ability to offer superior fraud prevention to our customers.”
February 2024
Backbase & Alacriti to offer instant payment solutions for financial institutions
Backbase, the engagement banking specialist, has announced that Alacriti, an innovator in cloud-based payments and money movement services, will integrate its payments hub solution into the Backbase Engagement Banking Platform.
Through this partnership, Backbase clients will be able to offer instant payment capabilities to their customers. Backbase, leveraging Alacriti’s Orbipay Payments Hub, will support end-to-end payment orchestration and processing through the RTP network, the FedNow Service, Visa Direct, Fedwire, and ACH payment rails.
February 2024
Aevi partners with Silverflow
Aevi, a leader in in-person payment orchestration, announced its strategic partnership with Silverflow, a leading cloud platform for global card processing.
The partnership enables European and North American acquirers to reengage in direct payment processing, allowing them to create a modern data-driven processing proposition with an Android-lead in-person payment solution that allows banks to cater towards ISVs, offer all-in-one smartPOS products and stand-alone payments under a single unified and fully integrated processing platform at a global level.
According to the official press release, the partnership addresses the necessity for banks to reclaim ownership of their merchant propositions by offering a flexible payment acceptance infrastructure. This seamless solution facilitates banks in re-establishing their merchant relationships, providing a forward-thinking approach to meet evolving digital payment demands.
February 2024
Capital One agrees to buy Discover Financial for $35bn
US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies.
Capital One’s acquisition of Discover values its smaller rival’s stock 27 per cent above Friday’s closing price. Under the terms of the deal, Discover shareholders would receive 1.0192 Capital One shares for each of theirs.
The merger between Virginia-based Capital One and Illinois-based Discover would shake up the US credit card landscape and mark one of the industry’s biggest deals since the 2008 financial crisis.
Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup. Discover also offers a payment network, making it a competitor with the likes of Visa and Mastercard. The last big merger between two banks occurred almost five years ago, when regional lender BB&T bought SunTrust for about $28bn in a $66bn deal, forming Truist.
February 2024
Gain New Insights Into the Cross-Border Payments and Ecommerce Space – The Paypers’ New Report
With an educative undertone and a clear aim to address the challenges and subsequent emerging opportunities that the current cross-border payments and ecommerce landscape has to offer, the Cross-Border Payments and Ecommerce Report 2023–2024 follows an intuitive structure that allows you to dive into specific trends and ways to solve the challenges faced when considering an international expansion.
How can this report help you get ahead of the competition?
From an economic perspective, we are now at a crossroads of sorts. In 2023, the global economy managed to avoid a recession, but there was a noticeable decrease in growth. Even more so, experts predict that 2024 will be an even more challenging year.
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February 2024
Asda enhances e-commerce security with Accertify
Asda, one of the UK’s largest retail chains, has chosen Accertify, a subsidiary of American Express, to bolster its e-commerce security.
This decision is part of Asda’s broader digital transformation strategy aimed at optimising operations across its network.
Accertify provides fraud prevention, chargeback management, and payment gateway solutions. Its suite of products and services helps e-commerce companies drive down the total cost of fraud, simplify business processes, and increase revenue.
The partnership will see Accertify’s machine-learning models and automated refunds integrated into Asda’s systems. These tools will enable Asda to adapt to evolving fraud trends and streamline chargeback workflows.
By leveraging Accertify’s solutions, Asda aims to combat e-commerce payment fraud, enhance the customer experience, and optimise related key performance indicators (KPIs).
February 2024
Moneyhub to provide Open Banking solutions to UK government
Moneyhub has been named as a supplier on Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework for its Open Banking and Payment services.
Moneyhub, is the leading data and payments platform built on Open Banking and Open Finance principles. Its solutions already help businesses in various sectors increase efficiency and offer consumers efficient, secure alternatives to card and cash payments.
Through its work with clients such as Nationwide, Lloyds Banking Group, Standard Life, Legal & General, amongst hundreds of others, Moneyhub has proven the benefits of Open Banking and account-to-account payment solutions. Government organisations’ ability to purchase Moneyhub services through the DPS will help more public sector services increase efficiency and experience the benefits that Open Banking delivers.
February 2024
Trustly integrates MX Data Enhancement
MX Technologies, Inc. today announced MX’s data enhancement services will be leveraged as part of Trustly’s Open Banking product suite. Over 8,300 global merchants rely on Trustly to enable their consumers to pay directly from their bank accounts. With Pay with Bank, consumers enjoy an intuitive, fast, and safe payment method, while merchants can create better experiences and reduce costs with an efficient payment solution.
By leveraging MX Data Enhancement, as part of this solution, consumer - permissioned transaction data is cleansed and categorised to deliver clear information for merchants to better understand consumer needs and preferences to inform and provide more personalised marketing offers and loyalty programs.
February 2024
Lowell & Neonomics to enable account-to-account payments in the Nordics
Lowell, a European specialist in credit management services, has partnered with Neonomics to enhance its payment offering, to implement, and enable account-to-account payments in its Norwegian customer portal.
With a mission to make credit work better for all, the partnership aims to simplify the way customers pay while driving cost efficiency across the entire value chain from customer to merchant.
The collaboration will see Lowell integrate account-to-account payments through its customer portal, known as ‘My Lowell’. With the integration of account-to-account payments, Lowell will benefit from greater cost-efficiency over traditional card payments, a decision further validated by the rising adoption of account-to-account transactions across the Nordics.
January 2024
Clowd9 and Ozone API Reveal Partnership
Two open banking providers have announced a strategic partnership. Clowd9 and Ozone API will now work together globally. Open API, as it names alludes to, provides open banking services to its clients. Clowd9 is a payments platform that will now be incorporated into the Ozone API offering.
The primary purpose of the partnership is to offer additional services to clients and prospects. CLOWD9’s industry-leading payments processing platform combined with Ozone API’s expertise in open banking will enable the two companies to address the unique needs and challenges faced by financial institutions and provide tailored solutions to drive growth and success.
Both Ozone API and CLOWD9 are excited about the opportunities that this partnership brings. By combining their strengths, they can create a seamless and comprehensive ecosystem that empowers banks and financial institutions to thrive in the new world of open finance. Together, they aim to revolutionize the industry and drive innovation that benefits both industry players and investors.
January 2024
Virgin Atlantic Implement Payment Orchestration with CellPoint Digital
Virgin Atlantic Airlines and its affiliated tour operator, Virgin Atlantic Holidays, have teamed up with the leading payment solutions provider for the airline industry and a pioneer in Payment Orchestration, CellPoint Digital.
The full implementation of CellPoint Digital’s Payment Orchestration Platform promises seamless and secure payment transactions for travellers and aims to set new benchmarks for efficiency and customer satisfaction in the airline industry’s payment landscape.
By partnering with CellPoint Digital, Virgin Atlantic will see reduced transaction costs by leveraging intelligent routing capabilities, gain more control over their payment processes and acquirer relationships, and centralise the management of their entire payment ecosystem through a single unified platform.
January 2024
Jabil Teams with Revolut to Scale Development and Production of Innovative Mobile Payment mPOS Solution
Jabil announced ongoing innovation between its payment solutions business unit and Revolut, a digital banking pioneer and global financial super app provider, to support the neobank’s rapid growth trajectory and global expansion in merchant acquiring.
Jabil’s custom, pre-certified Point-of-Sale (POS) hardware platform, as well as other retail automation technologies transforming digital commerce, will be on display at NRF’24 (Booth 4375).
Starting in 2021, Jabil has collaborated with Revolut to diversify its product portfolio, including the launch of Revolut Reader, a compact, custom hardware platform that enables merchants to accept in-store or on-the-go payments.
December 2023
Entersekt Acquires Modirum 3-D Secure Payment Solutions to Accelerate Global Expansion
Entersekt, the Financial Authentication Company, announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider.
Modirum is a leader in enabling authenticated, card-not-present payments with a history dating back 25 years.
Modirum’s cloud-based 3-D Secure (3DS) technologies and services authenticate digital payment transactions globally in numerous payment systems, hundreds of issuers, and thousands of merchants, as well as enable 3DS transactions for hundreds of millions of cardholders.
With this acquisition, Entersekt will expand its customer base and will secure over 2.5 billion transactions per year, giving it a compelling global footprint and a clear technology advantage of a solution spanning across digital, payment, and data channels of issuers, acquirers, and merchants.
December 2023
Entersekt Acquires Modirum 3-D Secure Payment Solutions to Accelerate Global Expansion
Entersekt, the Financial Authentication Company, announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider.
Modirum is a leader in enabling authenticated, card-not-present payments with a history dating back 25 years.
Modirum’s cloud-based 3-D Secure (3DS) technologies and services authenticate digital payment transactions globally in numerous payment systems, hundreds of issuers, and thousands of merchants, as well as enable 3DS transactions for hundreds of millions of cardholders.
With this acquisition, Entersekt will expand its customer base and will secure over 2.5 billion transactions per year, giving it a compelling global footprint and a clear technology advantage of a solution spanning across digital, payment, and data channels of issuers, acquirers, and merchants.
December 2023
Thistle Initiatives and ClearBank announce strategic collaboration
Thistle Initiatives, part of the Thistle Group announced its partnership agreement with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, as its first trusted client compliance partner.
As ClearBank’s partner, Thistle Initiatives provides support on matters including, but not restricted to, FCA applications, compliance support, regulatory due diligence, and financial crime prevention.
Additionally, Thistle Initiatives has been chosen by ClearBank as an approved AML compliance auditor to its clients, recognising Thistle as a leader in the financial services industry, for its commitment to excellence and accuracy in AML compliance.
December 2023
Mondu partners with Mangopay to fuel growth in B2B marketplaces through flexible payments
Mondu, the fast-growing B2B payments company, announced a new collaboration with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms.
Through the partnership, the two companies will offer marketplaces across Europe a proven, modular payments infrastructure which can be tailored to meet their needs, with popular B2B payment methods and flexible payment terms.
With market reports suggesting that the B2B marketplace industry has grown by as much as 8.6 times since 2015, the payment experience continues to play a key role in the growth of businesses operating in the sector. The collaboration between Mangopay and Mondu aims to empower B2B marketplaces with robust tools and a choice of payment methods to manage their payment flows with more flexibility, including those looking to introduce a buy now, pay later service to their B2B customers.
November 2023
Syngrafii Enhances Identity Verification Capabilities Through Integration with Trulioo Identity Document Verification
Syngrafii, a leading provider of innovative next-generation e-signature solutions, today announced the integration of Trulioo Identity Document Verification into its iinked Sign™ and Video Signing Room™ (VSR) platform.
This strategic integration enables the virtual confirmation of signatories’ identities in one unified platform, significantly elevating trust and confidence in the signing process compared to two standalone e-signature and Identity Verification (IDV) processes.
Syngrafii has selected Trulioo, a global leader in identity verification, as a valued integration provider, leveraging the cutting-edge Identity Document Verification capability to enhance the identity verification process. By seamlessly integrating Trulioo identity verification and credential analysis capabilities with the iinked Sign™ and VSR™ platforms, users experience a heightened level of assurance in the authenticity of signatories.
November 2023
3S Money Partners with Napier to Scale for Financial Fairness
Napier, the London-based financial crime compliance RegTech, is pleased to announce it has been selected as the anti-money laundering (AML) platform of choice for the groundbreaking payments platform at the forefront of the fintech revolution, 3S Money.
Napier will provide its Transaction Screening, Transaction Monitoring, and Client Screening modules, within the Napier Continuum platform, to 3S Money. This is aimed to fortify 3S Money’s dedication to nurturing a dynamic ecosystem of ambitious businesses securely with:
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Real-time, accurate screening;
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Multiple screening configuration capabilities;
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Easy integration via APIs to Napier platform;
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Sandbox environment for effective rule-building.
Since its inception in 2018, 3S Money has grown immensely, processing over $5.9 billion in client payments worldwide since inception. Currently supporting transactions in 190+ countries and access to 65+ currencies, it needed a compliance solution that could scale with its business. The collaboration reinforces their dedication to delivering reliable financial access and a faster service, enabling clients to conduct global transactions with ease.
November 2023
Stripe and Vesta Partner to Increase Authorizations and Stop Fraud
Vesta, a leading transaction guarantee platform, announced a partnership with Stripe, a financial infrastructure platform for businesses, to enable a comprehensive fraud prevention and risk protection solution that indemnifies merchants from losses from fraudulent transactions.
Under the partnership, Vesta Payment Guarantee™, which provides 100% indemnification from fraudulent chargebacks, will incorporate Stripe Radar risk scores to offer a comprehensive fraud and revenue protection option to increase transaction approval rates and thwart first-party and third-party chargebacks. This is particularly attractive to merchants who are at-risk due to high fraud or excessive disputes. Merchants can access Vesta Payment Guarantee on Stripe App Marketplace in H1 2024.
Second, Vesta will integrate Stripe Connect, which lets businesses facilitate purchases and payments between third-party buyers and sellers. With Stripe Connect, Vesta merchants and their customers will have a holistic solution that mitigates fraud and risk while processing payments quickly and securely.
November 2023
Afterpay Partners with Rokt to Expand Ads Business and Offer Shoppers More Relevant Ecommerce Experiences
Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced its partnership with Afterpay, one of the global leaders in "Buy Now, Pay Later" payment.
The partnership enables Afterpay to offer its ecommerce shoppers highly relevant offers at checkout, which creates a more relevant and engaging shopping experience while driving new revenue and deepening customer lifetime value.
Leveraging Rokt’s ecommerce solution, Afterpay and its thousands of retail partners, are empowered to deliver targeted, relevant and seamless advertising experiences to customers during the checkout flow.
November 2023
Alipay+ partners with Yapily for open banking payments in Europe
Alipay+ has partnered with Yapily to explore the application of open banking on various mobile payment platforms and enhance connectivity between consumers and merchants globally.
The partnership will catalyse the deployment of a more convenient and secure payment option for millions of European consumers, in addition to the 1.4 billion consumer accounts already connected by Alipay+ across Asia.
Enabled by Yapily’s open banking infrastructure, consumers who bank with European financial institutions will be able to make cross-border payments to Alipay+ merchants across the world directly from their bank accounts.
The introduction of such account-based payments is expected to streamline Alipay+’s payment process and bolster trust for merchants. Based on Yapily’s open banking payments infrastructure, the partners will jointly develop new solutions to provide the premise for merchants to increase transaction value by engaging customers throughout the buying journey and connecting them to promotions and other value-added services.
For merchants, Yapily’s open banking payment’s structure will offer the scalability and resilience to deliver service excellence to consumers, as well as the business agility required to further innovate in the payment and retail sectors globally.
November 2023
Ecommpay partners with GoCardless to add direct debit capabilities to its range of payment methods
Bank payment company GoCardless and leading international payment service provider and UK & Europe direct bank card acquirer Ecommpay have announced a partnership which will see the latter add direct debit to strengthen its payment offering.
The collaboration will allow businesses to access bank payments in over 25 countries directly within the Ecommpay platform.
Thanks to GoCardless Embed, a white-label integration, Ecommpay merchants will soon be able to tap into direct debit capabilities in over 25 countries within a platform they already know and trust. This will help them grow in their existing markets while providing the ability to expand into new verticals and use cases where bank payments are preferred.
November 2023
Wise Platform Partners with Agoda to Revolutionise Payments for travellers worldwide
Wise Platform, has joined forces with Agoda, a digital travel platform, to provide faster and more convenient payment options for travellers worldwide.
With this partnership, Agoda customers will be able to receive cashback directly into their local bank accounts in just a few clicks, all within the Agoda app.
By integrating the power of Wise’s global payments network through its easy-to-use APIs into Agoda’s platform, Agoda’s customers around the world can now leverage faster, lower-cost and more transparent international payments directly from the Agoda platform, providing greater choice and convenience for travellers.
October 2023
Mangopay and Aria partner to transform the payment experience for B2B marketplaces
Mangopay, a platform-specific payment infrastructure provider, announces a new partnership with Aria, a leading provider of deferred payment infrastructure for B2B marketplaces and platforms.
The collaboration aims to empower B2B marketplaces and transactional Software-as-a-Service (SaaS) companies with robust tools to manage their payments and credit efficiently.
This arrangement not only increases sales volume but also supports cash flow management for both sellers and buyers. Additionally, it allows marketplaces to own their customer experience and provide a highly tailored checkout process, per the report.
The partnership between Mangopay and Aria demonstrates their commitment to driving payments innovation for B2B marketplaces, the report said. By combining modularized marketplace payment infrastructure with comprehensive credit solutions, the companies aim to empower marketplaces with better control over their payment strategies and more access to trade credit.
October 2023
Rebel Energy expands relationship with GoCardless, using payments as a tool to transform the energy sector
GoCardless, the bank payment company, is expanding its relationship with challenger energy supplier Rebel Energy to shake up the energy industry with a new approach to payments and customer experience.
Rebel Energy has now added Success+, a feature that uses proprietary GoCardless machine learning models to automatically optimise failed payment retries, to the services it uses from the fintech. This will help Rebel Energy better identify customers that may be experiencing financial difficulty, enabling the company to not only work with those that need greater flexibility around their payment plan, but also prevent any disruption in service.
The new contract builds on a relationship which began in 2021 when Rebel Energy selected GoCardless to collect payments via Direct Debit. Not only did the energy supplier and its customers appreciate the transparency and control that came with knowing the exact timing and amount of a payment, using GoCardless has also allowed Rebel Energy to scale efficiently: despite their customer base growing 200x over two years, the number of people in their finance team only increased from one to four.
October 2023
JCB expands partnership with stripe to boost e-commerce merchant acceptance in Europe, Singapore and Hong Kong
JCB International Co., the international operations subsidiary of JCB Co., Ltd., and Stripe, a financial infrastructure platform for businesses, today announced that they will expand partnership for Europe, Singapore and Hong Kong.
The collaboration will provide new growth opportunities for all of Stripe's e-commerce merchants in those areas by welcoming JCB's valued cardmembers.
Since the launch of their initial partnership was established for the Japanese market in July 2017, JCB and Stripe have worked hand-in-hand to strengthen this collaboration into other regions, from the US and Canada, to Australia and New Zealand. In this latest extension, Stripe has also added JCB to its default payment scheme for merchants in the UK and Ireland in August 2023, and for merchants in other European countries, Singapore and Hong Kong in October 2023.
October 2023
BR-DGE joins forces with Sift to offer merchants market-leading fraud protection
Leading payment orchestration provider BR-DGE announced its latest partnership with Sift, the leader in Digital Trust & Safety, to support merchants in the fight against payment fraud.
This new partnership will give BR-DGE merchants access to Sift’s machine learning platform for fraud and risk decisioning via BR-DGE Connect, its payments ecosystem connectivity tool.
By working together, merchants will be able to benefit from the combined integration of payment orchestration, network tokenisation, and a complete fraud prevention platform. Harnessing both BR-DGE Vault, a state-of-the-art Network Tokenisation product, and Sift’s AI-powered decisioning engine, together will create a more secure and seamless payment experience for merchants and consumers.
With BR-DGE payment orchestration, merchants can ensure sensitive payment data is encrypted for the full end-to-end payment lifecycle through BR-DGE Vault, offering faster review times, higher conversion rates, and improved decision accuracy. This is further enhanced by Sift’s extensive platform of fraud management tools, providing merchants with a highly secure, frictionless checkout experience.
October 2023
Shift4 Completes Acquisition of Finaro to Accelerate European Expansion and Enhance eCommerce Capabilities
Shift4 a global leader in integrated payments and commerce technology, has completed its previously announced acquisition of Finaro, a cross-border ecommerce payments provider and fully licensed bank with a large European presence.
The completion of this acquisition significantly expands Shift4’s total addressable market both in terms of geographic coverage and industry verticals.
Finaro will provide the global infrastructure and cutting-edge technology needed to drive Shift4’s international expansion into Europe and beyond. In addition to expanding Shift4’s geographic footprint, the acquisition will enhance the company’s cross-border ecommerce capabilities to deliver a unified global payments platform for merchants and partners around the world.
This acquisition not only augments Shift4’s ecommerce offering, but will also enable Shift4 to soon offer its card-present technology across Europe – including the company’s SkyTab restaurant point-of-sale system and VenueNext stadium solution. In parallel, this acquisition will provide Finaro’s merchants and partners access to a US- based solution to help them grow into new markets in North America.
October 2023
Payoneer and Etsy partner to make it easier for sellers in emerging markets to get paid
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced a collaboration with global online marketplace Etsy, to support its bespoke seller offering, Etsy Payments.
The collaboration will enable Etsy to streamline payments to sellers and help create economic opportunities to more entrepreneurs in emerging markets. Etsy Payments is the core of Etsy’s payment technology and enables flexible and secure payments infrastructure to both buyers and sellers.
The collaboration between Payoneer and Etsy will utilize Payoneer’s global infrastructure to offer greater services and seamless payouts to sellers in the currency of their preference. It will initially be launched in Ukraine and Thailand, followed by India, Japan, Argentina, Chile, and Peru by the end of 2023.
October 2023
Thought Machine & Form3 partner on real-time payment processing
Thought Machine has partnered with Form3 to add FedNow, TCH RTP, and SEPA Instant Credit Transfer connectivity to its payment platform, Vault Payments.
This partnership brings together two next-generation payment solutions, offering banks and financial institutions an end-to-end solution for seamless real-time payment processing.
Thought Machine’s Vault Payments is a cloud-native and API-enabled platform designed to simplify payment processing for banks. Its Universal Payment Engine processes all payment types and seamlessly integrates with any method, scheme, or region globally, granting total payment orchestration control with unparalleled customisation of payment flows.
Through the integration of Vault Payments with Form3’s account-to-account platform, clients can harness the powerful configuration capabilities of Thought Machine, in conjunction with Form3’s direct connections to various payment schemes.
Both Thought Machine and Form3 have built their platforms using cloud-native technologies, guaranteeing reliability, scalability, performance, and disaster recovery as core capabilities. Additionally, both platforms natively support ISO 20022 messaging standards, eliminating the resource-intensive migration process for banks.
October 2023
Hokodo and Balance to extend cross-border payment terms
UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has partnered with US-based B2B payments platform Balance.
According to the official press release, the partnership seeks to establish a one-stop shop for payment terms so that global B2B companies can extend flexible payments to customers spanning Europe and North America.
October 2023
Hokodo and Balance to extend cross-border payment terms
UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has partnered with US-based B2B payments platform Balance.
According to the official press release, the partnership seeks to establish a one-stop shop for payment terms so that global B2B companies can extend flexible payments to customers spanning Europe and North America.
October 2023
Token.io announces Scandinavian expansion with Paysafe
Token.io, the account-to-account (A2A) payment infrastructure provider has announced the expansion of its direct open banking connectivity network to Sweden, Norway, Denmark, and Finland. The FinTech now offers Account Information Services (AIS) and Payment Initiation Services (PIS) services in these regions.
This unlocks new opportunities for Payment Service Providers (PSPs), including payment platform Paysafe, which has expanded its coverage with Token.io to offer consumers and merchants a frictionless service in Denmark.
Paysafe’s A2A payment capabilities (also known as Pay by Bank) allow customers to pay merchants securely and directly from their bank account using their online banking to authenticate the payment. The purchase or account top-up takes place immediately and directly through the website or the gateway of the merchant.
October 2023
Stripe embeds A2A payments in checkout with TrueLayer
TrueLayer has become the first European open banking payment option listed on Stripe’s Payment Element, an embeddable UI component for checkout pages used by thousands of merchants around the world.
Stripe is to provide customers of European merchants with the option to ditch card-based payments in favour of open banking linked transactions through an embedded checkout integration with TrueLayer.
Consumers will be able to select open banking payment at checkout, after which they will be redirected to TrueLayer’s payment page to confirm their payment either within their bank app or online bank account..
October 2023
Airwallex Signs Definitive Agreement to Acquire Mexico Payments Company MexPago
Airwallex, a leading global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions.
This acquisition will enable Airwallex to expand its financial infrastructure into Latin America and advance its mission to empower and support businesses to grow and operate across borders. It is an important part of Airwallex’s broader growth strategy in the Americas, where the company has seen more than 460% YOY revenue growth.
October 2023
NMI acquires Sphere's commercial division
Commerce enablement technology company NMI has acquired the SphereCommercial Division to simplify payments for partners and to strengthen its risk management offerings.
Following this announcement, the acquisition is set to strengthen NMI’s underwriting and risks management offerings, as well as to give its partners and collaborators (such as independent sales organisations, fintech innovators, or independent software vendors) the possibility to design merchant accounts with the existing platform of the company.
In addition, by incorporating Sphere’s Commercial Division in its suite of solutions, NMI will allow its clients to monetise more value chain by providing additional payment capabilities to their traders and merchants. As NMI’s partners will be enabled to use their own merchant accounts just as before, the possibility to create new merchant accounts will also allow them to deliver an improved flexibility and security in order to meet the needs, expectations, and demands of their traders and users.
The terms of the acquisition are undisclosed, and the process will not affect any of the other entities of Sphere. The employees of its Commercial Division will be included in the NMI community.
October 2023
Noda and Tickets Travel Network Forge Partnership for Seamless Travel Payments
The global open banking provider Noda has joined forces with Tickets Travel Network, a frontrunner in the European online travel market, to facilitate instantaneous open banking payments within the travel industry.
Tickets Travel Network, known for its extensive service across various European locations, including Latvia, Lithuania, Estonia, Netherlands, Spain, Italy, Austria, Germany, France, and Poland, has now integrated Noda’s robust Open Banking platform. This integration facilitates secure and direct account-to-account (A2A) payments, providing a seamless payment experience for travellers.
With an acceptance rate of around 90% in most of the serviced regions, this collaboration ensures a high throughput of payments, making transactions smoother for millions of travellers.
October 2023
Scalapay joins forces with RegTech Fourthline for a state-of-the-art regulatory solution
Scalapay, among the pioneers of the Buy Now Pay Later sector, and backed by its new regulatory status as a payment institution, is strengthening its commitment to regulatory compliance by establishing a strategic partnership with Fourthline, a leading RegTech provider for financial players in Europe.
As a regulated financial institution, Scalapay constantly strives to ensure compliance with ever-changing regulatory requirements in all the European countries in which it operates.
By partnering with Fourthline, Scalapay has acquired a robust technology capable of guaranteeing compliance over time, and adapting to the changing European regulatory landscape.
Fourthline offers banks and fintechs a range of solutions enabling them to carry out KYC (Know Your Customer and AML (Anti-Money Laundering) procedures automatically and in compliance with local requirements, to verify customer identity and prevent money laundering. Its proprietary technology uses artificial intelligence techniques, including computer vision, biometric data analysis and optical character recognition.
October 2023
Yoti releases new Digital ID app with Lloyds Bank
Yoti has released a new Digital ID app with Lloyds Bank. Lloyds Bank Smart ID, gives people a more private, secure and convenient way to prove their age or identity.
This follows the £10m investment Lloyds Banking Group made in Yoti earlier this year. The investment supported the development of a new, reusable digital identity app to help combat the growing risks of identity fraud. Identity fraud is currently one of the biggest fraud threats to the UK public.
Lloyds Bank Smart ID is a reusable Digital ID that allows people to share specific information with businesses. This includes name, date of birth or an ‘over 18’ proof of age. The information is shared without having to show physical identity documents or share an excessive amount of personal data.
The app is built using Yoti’s technology, which is certified to meet the highest security and privacy standards. This includes ISO 27001 and 27701, and SOC2 Type II. The free app is available to UK residents.
September 2023
Mangopay, VTEX to facilitate digital transactions for businesses
The aim of this joint venture is to extend an integration that will enable marketplace operators to cover both payin and payouts via a single solution. This is expected to further aid the growth of global marketplaces by ensuring positive buying and selling experiences.
Context-wise, the solution introduced by the partnership comes amidst an impending recession worldwide – which has determined retail businesses to intensify their platformisation efforts. Consequently, the demand for external expertise that can help navigate intricate business models and dynamic customer demands has reportedly increased. The new solution made possible by the collaboration between Mangopay and VTEX comes to address this challenge.
Following the partnership, VTEX-powered marketplaces are anticipated to be able to cater to local payment preferences. This capability is facilitated by Mangopay's modular global payment infrastructure. The new integration purportedly also introduces a seller onboarding process that includes identity verification.
September 2023
iStudio and crypto payment gateway Triple-A announced a partnership
In a sign that digital asset players are starting to make their way into the mainstream market here, Singapore’s biggest Apple products reseller will let customers make payments with cryptocurrencies.
iStudio and crypto payment gateway Triple-A announced a partnership that will allow customers to buy merchandise using cryptocurrencies at selected iStudio stores.
The roll-out will begin at stores across Singapore, including malls such as Jurong Point, Tampines Mall, Changi Airport Terminal 3, Paragon and NEX. The integration of Triple-A’s crypto payment options will help it reach out to a fast-growing segment of tech-savvy customers, iStudio said.
September 2023
Centiglobe and Zimpler partner to improve innovative cross-border payment solutions
Zimpler, a fintech company providing seamless and secure account-to-account payment solutions, and Centiglobe, a front-runner empowering smart DLT (Distributed Ledger Technology) cross-border payments, are entering a partnership to enable companies to innovate their cross-border payments capabilities to become predictable, instant, automated and secure globally.
By leveraging Zimpler’s instant payment capability and access to local accounts and Centiglobe’s payment rails, the partnership will enable unique solutions to specific segments, such as cross-border factoring, as well as broader innovative cross-border payment capabilities.
In May, Zimpler announced its launch of instant cross-border payouts, allowing customers to instantly send Euros to all 20 Eurozone countries through SEPA (Single Euro Payments Area), with no hidden fees or complex administrative work. As a next step, the partnership between Zimpler and Centiglobe will further enhance Zimpler’s cross-border payments capabilities, and enable instant payouts globally.
September 2023
Payoneer and Airbnb Expand Long-Term Relationship to Allow Hosts in Additional Countries to Get Paid in Local Currency
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses to transact, do business, and grow globally, has extended and expanded its strategic partnership with Airbnb. Payoneer is a preferred payment provider for Airbnb across multiple countries, enabling Hosts to get paid quickly and locally.
Payoneer’s platform connects businesses around the world through a scaled infrastructure and a global, resilient network of bank partners. This not only allows Airbnb Hosts in such locations to get paid locally but also to access and spend funds in a variety of ways, among other benefits.
September 2023
IKEA Partners with Afterpay to Offer Its First-Ever Buy Now, Pay Later Program
IKEA U.S. introduces its first-ever Buy Now, Pay Later (BNPL) program in partnership with Afterpay, providing increased financial accessibility through a budget-friendly payment option for shoppers. Afterpay “Pay in 4” service is now available nationwide in-store and online at IKEA.com for all U.S. customers.
IKEA U.S. and Afterpay partnered to enable financial freedom and affordability to today’s consumers who prefer to pay over time. IKEA continues to provide a seamless and affordable shopping experience for the many, while also providing high-quality products and services.
Afterpay’s interest-free product allows customers to pay in four payments over a six-week period with no credit impact to customers for eligible orders. This omnichannel partnership enables customers to shop for IKEA home products and choose Afterpay’s flexible solution at checkout. In-store customers can scan a QR code to download the Afterpay app or log in to their existing Afterpay account and add the payment method to their virtual wallet.
September 2023
Wirex leverages Polygon CDK for its payment-focused App Chain
UK-based crypto payments platform Wirex has revealed that it will leverage the Polygon CDK (Chain Development Kit) to build its upcoming App Chain.
This strategic move aims to position Wirex at the forefront of the evolving landscape of crypto payments by harnessing the technological progress offered by the Polygon blockchain protocol.
Wirex's choice to employ the Polygon CDK, an openly accessible codebase designed for launching Ethereum Layer 2 (L2) chains powered by Zero-Knowledge (ZK) technology, allows it to establish its own payments-focused L2 solution.
Importantly, all chains created using the Polygon CDK maintain interoperability, ensuring automatic access to the collective liquidity of all Polygon chains and one-click accessibility to Ethereum's comprehensive liquidity pool. Additionally, they provide heightened security through the utilisation of ZK proofs, along with near-instant finality.
September 2023
Noda selects BVNK to enable stablecoin payments in the UK and EU
Open Banking payment provider Noda has chosen B2B payments platform BVNK to bring stablecoin settlements to the former’s customers across the UK and Europe.
In 2022, Noda began receiving requests from clients for stablecoin settlements due to faster settlement times. At the time of the announcement, stablecoins account for 10% of all cryptocurrencies, as per the press release. While industry volatility in 2022 saw the stablecoin market contract, volumes are almost back at their 2022 peak.
Around USD 30 billion in trades are made every day using stablecoins, with on-chain settlement reaching more than USD 7 trillion in 2022, surpassing the volumes of major card networks.
To meet customer demand, Noda needed a regulated partner that could provide a multi-currency account and enable digital asset payments. Noda selected BVNK and now uses BVNK’s Virtual Accounts and Global Settlement Network to convert 2 million euros into USDT stablecoins every month, to pay out to merchants. Noda has moved 90% of its stablecoin settlements to BVNK’s global payments platform.
September 2023
Visa partners with Cashflows
Cashflows has extended its partnership with Visa to amplify authorisation rates and provide customers with instant payouts and international payment offerings.
By connecting to Cybersource, one of the products that are included in the Visa Acceptance Solutions, customers and clients of Cashflows will be enabled to access a new community of partners and an ecosystem of services. This will give Cashflows the possibility to scale faster and deliver an improved overall user experience, while also increasing reach.
The partnership is set to increase the merchant authorisation rates of Cashflows, while also looking for new ways to meet the needs, preferences, and demands of the company’s collaborator and trader community. Moreover, it is set to recognise the importance of lost revenue that comes from card declines, updating automatically the customer credentials while also refreshing across channels in order to protect the card on file and recurring transactions.
September 2023
Zip Partners with Global Payments Leader Primer to Accelerate U.S. Growth and Market Share
Leading digital finance innovator Zip Co has announced a strategic partnership with Primer, the unified infrastructure for global payments and commerce, to expand and optimise its payments stack, as Zip further accelerates its growth opportunity in the US market.
The announcement follows Zip’s recent year-end results, which revealed record transaction volumes (TTV) of $8.9b (up 7.0% YoY) and record group revenue of $693.2m (up 16.1% YoY). In the US, Zip exited FY23 with positive cash EBTDA on a sustainable basis.
Primer unifies payment and commerce services while delivering a powerful set of payment recovery, success and insights tools to provide businesses with unrivaled flexibility and visibility across their payments lifecycle. They will support Zip to access and connect new card acquirers and processors, fraud and communication tools to boost top line, while leveraging features such as fallbacks to reduce operational costs and build for contingencies.
The partnership with Primer will further drive distribution of Zip’s BNPL offering, lender WebBank, with plans for Primer to also add Zip as a payment option, enabling merchants across retail, fashion, travel and mobility industries to add Zip to their payments stack with just a few clicks.
September 2023
Affirm partners with Booking.com
Payment network Affirm has announced its partnership with Booking.com in order to provide travelers and customers with improved and flexible payment options.
Throughout this partnership, Affirm will be available at checkout across several Booking Holdings travel brands, while expanding on existing collaborations with KAYAK, Agoda, and Priceline at the same time.
By selecting Affirm at checkout, Booking.com clients are set to have the option to select a personalised payment plan that will be designed to work best for their budget, with the option to pay over time in either monthly or bi-weekly payments. The integration of Affirm will give travelers the opportunity to book now and pay over time, with the assurance that they will not pay more than they agreed at the moment of the checkout.
The partnership aims to provide merchants with the possibility to have increased overall sales, average order values, and conversions, as well as to reach new clients around the world. Booking.com will also join Affirm’s network of traders, which includes worldwide companies and businesses.
August 2023
Trustly joins forces with SlimPay to revolutionise the recurring payments experience
Trustly, a Stockholm-based global payments method has Parisian recurring payment collection startup SlimPay in a deal worth €70 million according to Bloomberg.
The acquisition sets the stage for Trustly to expand beyond account-to-account (A2A) payments and will leverage SlimPay's SEPA direct-debit capabilities, specifically in the realm of recurring revenues, i.e. subscriptions, expertise.
"We are thrilled that SlimPay is joining Trustly. SlimPay’s SEPA solution for modern Direct Debit in combination with the optimised experience of Trustly Azura will together be able to revolutionise the recurring payment experience and create a new industry standard," commented Trustly Group CEO Johan Tjänberg. "The addition of SlimPay is fully in-line with Trustly’s strategy to offer a unique 360 degrees embedded experience across all types of digital payments.“
August 2023
Guavapay partners with Yapily to leverage Open Banking
UK-based fintech Guavapay has partnered with Open Banking platform Yapily to provide a faster experience across the former’s new payment application.
Through this partnership, Guavapay aims to enhance the user experience of its newly launched payment application named MyGuava. Specifically, Yapily's Open Banking technology will be integrated into the MyGuava platform to enable quicker top-up transactions for GBP and EUR accounts from supported bank accounts. Guavapay intends to utilise Yapily's secure Open Banking platform API to provide customers with secure access to and direct transfer of funds from their preferred financial institutions to their MyGuava accounts.
The incorporation of this technology eliminates the need for traditional, time-consuming fund transfer methods involving manual account input. Open Banking contributes to data breach prevention, simplifies the payment process, and conserves time and effort for MyGuava users. Thanks to Yapily's robust API-driven platform, Guavapay can ensure a secure and smooth fund transfer experience for its customers, which has the potential to support customer loyalty.
August 2023
Teamwork Commerce partners with Adyen to launch Pay by Link solution
Global retail management software Teamwork Commerce has announced the launch of its Pay by Link solution in partnership with fintech platform Adyen.
The joint solution seeks to support an extensive array of omnichannel capabilities for simplified transactions for retailers, with Pay by Link enabling retail customers to pay for items leveraging a secure URL link that is provided by the retailer and powered by Teamwork Commerce.
The payment page operates across an array of devices and can be accessed either through email, separate link, or by scanning a QR code. What is more, the technology also enables consumers to make partial payments rather than full transactions, and accepts all well-known payment methods, including Afterpay, PayPal, and digital wallets.
August 2023
EchoPay and Token have announced their partnership to bring A2A payments to wholesale merchants across the United Kingdom
Account-to-account (A2A) payments provider, EchoPay, and open banking payment infrastructure leader, Token.io, announced their partnership to bring A2A payments to wholesale merchants across the United Kingdom
Underpinned by Token.io’s best-in-class connectivity for A2A payments, EchoPay enables businesses to accept A2A payments at point of sale, providing an additional low-cost payment option with instant settlement and enhanced security.
August 2023
Global Cybersecurity Leader VU Joins Forces with NovoPayment to Revolutionize Digital Payments and Fraud Prevention
This partnership between VU and NovoPayment will drive innovation in cybersecurity, allowing both companies to expand their impact on the financial industry. Through the synergy of their technologies and expertise, they will tackle fraud and cybercrime challenges, providing protection and security to millions of users worldwide.
Sebastián Stranieri, founder and CEO of VU, stated: "Collaborating with NovoPayment allows us to expand our vision and address new challenges in the field of cybersecurity in the financial sector. Together, we are committed to generating a positive impact by creating digital solutions to improve the quality of life for citizens and organizations."
Anabel Pérez, CEO of NovoPayment, added: "In the new digital economy, collaboration is key. This alliance will enable us to enhance our payment solutions, providing users with an even safer and more reliable experience. We are excited to work with VU, a leader in cybersecurity, to ensure the peace of mind of our clients in the digital world."
August 2023
AstroPay becomes Tottenham Hotspur’s Official Payment Partner
Tottenham Hotspur has today announced AstroPay, a leading fintech company and the preferred sports-focused payment solution for millions worldwide, as its Official Payment Partner.
This partnership will enable Spurs fans to take their passion for the Club to a new level. Fans who use the Spurs-branded prepaid card and other AstroPay products will enjoy accumulating AstroPoints with each purchase.
These points open the door to unforgettable experiences, including Premium match tickets, autographed merchandise, Training Centre tours, and even virtual interactions with the manager and players. Additionally, cardholders will have exclusive early access to the upcoming F1 DRIVE – London – a new karting experience set to debut at Tottenham Hotspur Stadium.
August 2023
Wirex has partnered with security and transaction monitoring solutions provider Sumsub
Through this partnership, Sumsub will provide Wirex with Transaction Monitoring capabilities, Travel Rule compliance solutions for virtual asset transfers, and its KYC (Know Your Customer) software for client identity verification.
The Financial Action Task Force (FATF) mandates that virtual asset service providers (VASPs) adhere to Anti-Money Laundering (AML) regulations to ensure transparency and accountability.
UK regulations, effective from 1 September 2023, fall in line with this. Sumsub's solution facilitates secure Travel Rule information transfers between virtual VASPs, performing necessary KYC checks, AML screening, and verification in line with regulatory requirements and Wirex's needs.
August 2023
Endava partners with AcceptPayments.com
Digital transformation, agile development, and intelligent automation services provider Endava has partnered with AcceptPayments.com.
This collaboration aims to establish an online comparison marketplace for payment services, changing how businesses discover their Payment Service Providers (PSPs). Small and medium enterprises (SMEs), as well as larger corporations, will gain the ability to assess offers from PSPs related to various payment acceptance methods such as credit cards, Open Banking, cryptocurrencies, and direct debits.
This platform will enable merchants to compare services across different categories, including merchant accounts, card machines, tap-to-pay options, QR code payments, pay-by-link solutions, payment gateways, virtual terminals, and Buy Now Pay Later (BNPL) alternatives for their online, physical store, remote, or multichannel retail operations. Plans are also underway to incorporate a natural language processing tool driven by artificial intelligence technology.
August 2023
PaymentComponents partners with Brillio
PaymentComponents, a Greece-based B2B AI, payments, and Open Banking solutions company has partnered with Brillio, a global digital technology service provider, aiming to change global payments solutions.
This partnership signifies a step for PaymentComponents in its aim to drive the global adoption of ISO 20022/CBPR+ standards and advance the modernisation of payments through AI/ML-powered financial messaging solutions.
By joining forces, PaymentComponents and Brillio expand Brillio's service portfolio to include the full suite of PaymentComponents products, aiming to reshape the payments landscape.
August 2023
Know Your Customer teams up with MineSec
Know Your Customer, a regtech company that offers KYB automation solutions, has partnered with MineSec, a white-label SoftPOS solution provider, to enhance the onboarding experience of its SoftPOS solution.
The partnership will allow MineSec and its client base to utilize Know Your Customer's modular compliance technology to verify onboarding merchants in real-time.
This ensures accurate company documentation to identify their ownership structure and unravel ultimate beneficial owners (UBO). Through partnering with Know Your Customer, MineSec will now offer a more dependable and reliable solution to its customers, which will help to contribute to a safe and secure ecosystem for its users on the platform.
July 2023
Skipify & Amex team up to elevate Shopper Experience at Checkout
Skipify, a fintech company redefining the checkout experience, has teamed up with American Express to connect Amex U.S. Consumer Members' Cards seamlessly into checkout. Skipify's technology, launching exclusively with American Express, identifies select Amex customers via their email address, enabling them to automatically link their eligible Amex Cards to check out with participating merchants.
This solution removes the need for consumers to manually enter their payment and billing details, improving merchant approval and conversion rates.
July 2023
SEPAexpress and Tink partner to offer a seamless payments journey across Europe
SEPAexpress, a specialised payment provider in account-to-account payments, has partnered with Tink, Europe’s leading open banking platform, to enhance its payment solutions.
Partnering with Tink allows SEPAexpress to offer both open banking data products and payments services to its clients across Europe, showing the value of using a number of Tink’s solutions together.
The German-based B2B payment solution is leveraging Tink’s API to provide Pay by Bank for seamless in-app payments, simplifying the payment process to improve the customer experience and optimise conversion.
SEPAExpress has also now integrated Tink’s Account Check and Balance Check services to optimise its direct debit product and improve success rates.
Account Check works by instantly verifying account ownership using real-time data straight from a user’s bank account, minimising user error in setting up direct debits and significantly streamlining the user experience.
July 2023
Unlimit announces a global partnership with inDrive
UK-based financial services company Unlimit has partnered with US-based transportation platform inDrive to support the latter’s expansion in new markets.
Through this partnership, inDrive will leverage Unlimit’s proprietary payment infrastructure, and it will gain the ability to process payments in local currencies and via alternative payment methods. According to Unlimit, inDrive is the second most downloaded mobility app in the world, as it provides the mobility needs of users in over 700 cities and across 47 countries.
The partnership between these two entities relates to the way inDrive leverages dynamic pricing. To be specific, the cost of inDrive’s services is negotiated and agreed upon by both passenger and driver. This approach requires flexible payments solutions developed to adapt to local and international markets.
The collaboration with Unlimit will provide inDrive with access to an advanced proprietary payment infrastructure that supports different payment methods, including global and local card schemes, mobile and cash payments, direct transfers, and digital wallets.
July 2023
3S Money has joined forces with TransferMate
3S Money announced partnership with the leading B2B global payments and Infrastructure as a Service (IaaS) company, TransferMate - A partnership which brings together two industry leaders determined to revolutionise global business payments for a faster, more secure and more accessible service.
This partnership will strengthen 3S Money Foreign Exchange proposition and expand its global reach, giving clients access to over 70 currencies across the Middle East and North Africa, the Asia Pacific region and many more.
The partnership will provide businesses with a single solution for cross-border transactions, worldwide. This means less hassle, fewer administrative obstacles, and more opportunities for growth.
July 2023
TotallyMoney partners with data intelligence platform Bud
TotallyMoney has selected data intelligence platform Bud Financial (Bud) to power its new service which empowers consumers to proactively stay on top of their finances, using AI models to analyse their full financial data made available by open banking.
The partnership will enable TotallyMoney to leverage Bud’s AI capabilities to launch an AI-powered payments tracker, helping UK customers protect their credit scores and their finances.
TotallyMoney will use real-time open banking data to come up with productive insights, while its customers can use the bill and payment tracker to keep an eye out for upcoming payments.
July 2023
Wix announces new partnership with payment provider Exactly.com
Exactly.com, the specialist open banking payment solutions platform, has officially partnered with Wix, a leading global SaaS platform to create, manage and grow an online presence, providing Wix’s UK merchants access to Exactly.com’s full service offering.
Through the partnership, Exactly.com will provide Wix’s UK merchants to conveniently manage transactions, schedule customisable payouts, promptly process refunds and chargebacks, accept payments from desktop or mobile, and have access to robust payment security as well as 24/7 customer support.
Through the partnership, Exactly.com will also improve merchant checkout conversions by offering a quick and easy UX via different channels, including online checkout, payment by SMS, chat or email, and QR codes for static or dynamic payment content – reducing payments to just three clicks.
July 2023
Nuvei and Plaid extend partnership to new regions and eCommerce verticals.
Nuvei Corporation and Plaid, a data network that enables consumers to connect their bank accounts to more than 8,000 apps and services, announced an extension of their existing global partnership to support a wider range of businesses with accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the eCommerce landscape, such as utilities and B2B.
Nuvei and Plaid are also announcing an intention to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets, combined with the Plaid network which covers 12,000 financial institutions across the US, Canada, UK and Europe, will enable businesses in multiple regions across the globe to enhance their online checkout through offering best-in-class, pay-by-bank experiences.
July 2023
Convera Chooses Temenos to Modernise Payments in the Cloud
Temenos announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernise its payments infrastructure.
The move to Temenos Software-as-a-Service (SaaS) will help Convera to drive efficiency in payment processing from inbound funding to outbound disbursements and massively scale with the aim to double its payments volumes in the next five years and expand its payment rails.
Temenos SaaS will help enable Convera to compete in the highly dynamic payments market. Convera will overhaul its payments engine by progressively replacing legacy systems with Temenos’ robust, scalable platform to standardise its international commercial payments on a single platform.
July 2023
Total Processing partners with Token.io for A2A payments
Payment processor Total Processing has announced a partnership with A2A payment infrastructure provider Token.io to offer Open Banking-enabled payments to European customers.
Having a goal of providing the latest technology to its merchants, Total Processing is set to leverage Token.io’s extensive connectivity network and strong platform which offers a fast and efficient way for payment providers to launch Pay by Bank as a core payment method.
The announcement further highlights that the collaboration between the two companies marks a milestone within the payment industry, as Open Banking-enabled payment capabilities are more sought after due to their speed, security, and convenience.
By combining Total Processing’s expertise in payment solutions with Token.io’s extensive Open Banking platform, merchants can benefit from improved payment experiences that help drive business growth.
June 2023
TISE announces partnership with Shieldpay
The International Stock Exchange (TISE) and Shieldpay, which specialises in high-value B2B payments, have announced a partnership that promises to transform private market trading with automated payments.
TISE recently launched a private market platform, TISE Private Markets, to give small and medium-sized enterprises and their investors a viable alternative to traditional market infrastructure providers.
The platform provides SMEs with a suite of trading, settlement and registry management services, revolutionising the way private market transactions are conducted.
Shieldpay’s all-in-one digital payments platform facilitates seamless and secure high-value, complex transactions, bringing enhanced value to the payment process for TISE Private Markets.
With streamlined verification checks, safeguarding of funds and automated payouts, Shieldpay will enable efficient, cost-effective and secure transactions for customers of the TISE platform.
June 2023
Pleo extends partnership with Yapily to instant, seamless wallet top-ups.
Pleo has extended its partnership with Yapily to automate account top-ups as it expands into Europe and adopts Variable Recurring Payments (VRPs).
In September 2022, Pleo partnered with Yapily to create a seamless and instant payment experience for finance teams when topping up their Pleo wallet. Through Open Banking, Pleo eliminates the lengthy, manual payment process that adds user friction and creates unnecessary cash flow uncertainty for businesses.
June 2023
Worldpay from FIS and HSBC UK team up with Visa to allow merchants to accept instalment payments in the UK
Global financial technology leader FIS has announced a partnership with Visa to enable eligible Worldpay from FIS UK merchants to accept payments using the Visa Instalments checkout functionality for the first time.
Worldpay is the first merchant acquirer to offer Visa Instalments as an option at checkout in the UK whilst HSBC UK becomes the first card issuer in the UK to offer the service to its credit card customers.
Visa Instalments enables participating Visa card issuers to offer flexible and transparent instalment payment options to their eligible cardholders at the merchant’s checkout.
With demand for BNPL and instalment payments growing, Visa Instalments provides a convenient way for UK merchants of Worldpay from FIS to accept and receive payments online.
Importantly, this solution gives consumers more choice in how they pay online, by enabling a participating card issuer to provide a participating cardholder easy access to instalment payment options with clear repayment schedules shown at checkout – so the cardholder knows what they need to pay and when.
June 2023
Adyen and Shopify partner to power new payment capabilities for enterprise merchants
Adyen announces a new global partnership with Shopify, a provider of essential internet infrastructure for commerce, to strengthen ecommerce capabilities, simplify the customer journey and solve payment complexity for enterprise merchants.
As part of a multi-year partner strategy, Adyen is supporting Shopify’s expansion into the enterprise segment through diversified commerce solutions for large-scale merchants around the globe to maximize revenue and scale faster.
Adyen’s single platform creates integrated global and agile payment solutions, so merchants can easily provide the best, long-term customer experience without added operational complexity or resource constraints. Adyen’s payment app on the Shopify Payment Partner Platform is expected to be available later this year and enterprise merchants can expect a more flexible approach to their payments experience.
June 2023
Aryza announces a strategic partnership with Acquired.com
Ireland-based developer of software solutions for the financial services industry Aryza has entered a strategic partnership with Acquired.com.
The primary goal of this partnership is to provide a selection of data-driven collection and disbursement options for lending divisions. Moreover, there are plans to extend this offering to other parts of the Aryza Group, including debt recovery and insolvency.
According to the official press release, offering innovative solutions for the financial services ecosystem is something both Aryza and Acquired.com are familiar with, which is why the partnership between the two entities synergises on multiple levels.
Specifically, businesses using Aryza’s products can tap into Acquired.com’s payment solution to improve their end-to-end payment processes and add automated disbursements that can optimise payments and support collection success.
June 2023
Ripple Collaborates with Colombia’s Central Bank to Explore Blockchain Technology.
Ripple, a prominent blockchain solutions provider, has joined forces with Banco de la República, Colombia’s central bank, to delve into the potential applications of blockchain technology in the South American nation.
The partnership involves Banco de la República collaborating with the Ministry of Information and Communications to conduct pilot projects using Ripple’s CBDC Platform, aimed at enhancing Colombia’s high-value payment system.
Joe Vollono, Director of CBDC Business Development at Ripple, revealed that discussions with the Colombian central bank had been ongoing for over a year. The pilot initiative is being executed in conjunction with Peersyst Technology, a blockchain technology firm based in Spain.
June 2023
Tyl by NatWest partners with Discover® Global Network to increase card acceptance options.
Tyl by NatWest has partnered with Discover® Global Network to increase its card acceptance options for Tyl merchants and end consumers. Discover®, Diners Club International® and network alliance cardholders, all part of Discover Global Network, will be able to use their cards and mobile payment products with all Tyl by NatWest merchants.
Tyl by NatWest merchants will automatically be opted-in to accept Discover Global Network as a payments network, offering more choice to merchants and their customers in the way they pay.
By partnering with Discover Global Network, Tyl is enabling merchants to sell their products and services to more international tourists and visitors in more than 200 countries and territories. Discover will be seamlessly integrated into Tyl by NatWest’s product offerings and services, ensuring the process is hassle free, with no additional costs or price changes for merchants.
June 2023
Tillo and Banked Set to Revolutionise Incentivisation and Payment Solutions.
Tillo, the leading rewards and loyalty platform that empowers innovators to evolve acquisition and loyalty initiatives using the power of digital gift cards, today announced a strategic partnership with Banked, a leading direct bank payment platform, to bring Tillo's rich brand catalogue into Banked's incentivisation and growth strategy.
This turnkey solution for merchants makes it easier for them to test marketing programs and drive customer engagement with new payment methods with no additional integration required.
The collaboration will enable merchants to select from a wide range of branded incentives and set parameters for their campaigns, with Banked handling all fulfilment on behalf of the merchant. Banked also provides campaign analysis to help merchants assess performance and promote the incentive through their marketing channels and site.
Banked's integration of Tillo's digital gift cards will differentiate it from other services and solutions by providing not only a fast, safe, and secure direct bank payment solution but also the tools necessary to drive consumer adoption and awareness of the payment method.
June 2023
EasySend and Imburse, a DuckCreek Company, Are Partnering to Streamline End-to-end Digital Payment Processes.
EasySend and Imburse, a DuckCreek company, are pleased to announce their strategic partnership aimed at revolutionizing the end-to-end digital payment process.
EasySend is a no-code platform that empowers organizations to transform complex forms, customer data intake, and signature collection processes into easy digital experiences, and Imburse is a global payment orchestration platform.
The combined expertise and cutting-edge technologies of these two industry leaders will provide Insurance and financial businesses with a seamless and efficient payment solution that enhances customer experience and streamlines operations.
May 2023
BR-DGE and Volt unite to support merchants in fighting payment fraud
Payment orchestration provider BR-DGE has announced its latest partnership with global real-time payments gateway Volt to support merchants in countering payment fraud.
Through a single point of integration, BR-DGE’s merchants can access a world of payment providers, fraud capabilities, and alternative payment methods. This new partnership will enable BR-DGE merchants to benefit from Volt’s Open Banking tool, which connects to over 1,800 global banks and routes payments in real-time.
BR-DGE merchants will also be able to access Open Banking’s fraud prevention tool, Circuit Breaker, which was created by Volt to counter fraudulent activity by identifying and blocking suspicious payment activity.
May 2023
Klarna and Airbnb offer flexible payments for guests
Klarna has joined forces with Airbnb in a first-of-its-kind partnership to provide guests in the US and Canada with flexible payment options when booking their next stay.
With Klarna’s seamless, sustainable and flexible payment solutions, booking a hilltop holiday home, cozy cabin, or oceanfront oasis has never been more convenient and accessible.
Guests in the US and Canada can now apply to pay for stays in four interest-free installments over six weeks, and for bookings over $500, guests in the US can apply to pay monthly. More markets will be added throughout the year.
May 2023
Open Banking Pioneer Fabrick S.p.A. Acquires Mobile Commerce Leader Judopay
Fabrick's Payment Orchestra will benefit from Judopay's digital commerce innovation experience as a result of this agreement. Together, they will create new models and standards to give merchants and customers with faster payment options, frictionless operations, and seamless check-out experiences.
The acquisition of Judopay will broaden Fabrick's proprietary technology, allowing the company to better serve merchants by managing all financial and data flows involved in the payments process from a single point, even when accepting payments from multiple gateways.
May 2023
Guavapay inks acquiring and issuing deal with Discover
GUAVAPAY, a London-based fintech company, and Discover Global Network signed a strategic agreement on acquiring and issuing with processing coming over the next months.
This partnership reinforces Guavapay’s overall strategy of broadening the payment methods and increasing acceptance for cards that run on the Discover Global Network.
Guavapay will offer its customers debit and prepaid cards that will run on the Discover Global Network, as well as enable merchants to accept Discover, Diners Club International® and network affiliate cards for payment.
May 2023
Nexi partners ITAS Group for the launch of ITAS Pay
Paytech Nexi has announced a partnership with Italy-based insurance company ITAS Assicurazioni to launch ITAS Pay as part of the latter’s digital transformation journey.
Launched with the support of the Nexi Group, the new payment institution is set to provide customers with services and solutions tailored towards the support of the sale and marketing of insurance policies.
ITAS Assicurazioni Italy’s oldest insurance company, in line with its Industrial Plan, continues its strategic path of pushing towards digital innovation and launches ITAS Pay,
May 2023
BR-DGE partners American Express for Open Banking
Payment orchestration provider BR-DGE has announced a partnership with American Express aiming to improve the Open Banking capabilities for merchants.
BR-DGE’s Partnership Program brings together more than 300 payment providers and technology solutions to enable merchants to optimise their payments stack, access up-to-date payment innovations, and benefit from payment orchestration.
The collaboration with American Express is set to improve the merchant and consumer experience of payments by providing an Open Banking solution that is both ‘frictionless’ and secure.
May 2023
Barclays partners with TransferMate to provide an international receivables payments solution for UK businesses
TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market, to help UK businesses reduce transaction costs and save time.
Barclays clients operating in GBP will now be able to invoice their customers in their clients’ local currency in over 60+ currencies and 67 countries - receiving the payment back into their GBP account at the exact amount requested. Manual reconciliation is eliminated as all payments are automatically matched to the invoiced amount.
May 2023
Klarna announced Partnership with Homebase to make it easier for customers to make their home and garden dreams a reality.
Klarna announced partnereship with home and garden experts Homebase to make it even easier for customers to make their home and garden dreams a reality ⚒️🪴
‘’ We're proud to be partnering with Homebase, combining our joint commitment to quality and customer satisfaction to make shopping easier, smarter, and more convenient.’’ Klarna commented
May 2023
Onfido unveils identity verification service for Salesforce Financial Services Cloud
Onfido announced that its Real Identity Platform services are now available for Salesforce Financial Services Cloud customers.
Financial Services Cloud customers now have access to a suite of Onfido’s services, including Onfido’s library of global identity verification tools, Studio, Onfido’s identity orchestration product, and Atlas AI, Onfido’s anti-bias artificial intelligence software.
These tools can be integrated with Onfido’s Smart Capture Link, enabling Salesforce customers to use low-code technology to more quickly verify the identity of prospective and existing customers.
April 2023
Klarna's payment options are now available online at Matalan in the UK!
Klarna announced partnership with Matalan UK to bring our payment solutions to their customers.
As one of the UK's leading omnichannel clothing and home value retailers, Matalan offers an extensive selection of fashion for all the family as well as a broad range of homeware accessories and furnishings including furniture, which you can now shop and enjoy a more flexible and convenient way to pay!
ble global PSPs and merchants to expand into India’s e-commerce market by offering UPI.
April 2023
PPRO signs strategic partnership with NPCI International
PPRO, a digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing, real-time payment system, for cross-border transactions.
By connecting directly to UPI via PPRO’s digital payments infrastructure, international payment service providers enable merchants to tap into India’s huge online consumer base easily and securely, without the need for setting up a legal entity in India, settlement to an India-based bank or for uploading invoices to clear funds.
For consumers, this means they can seamlessly make cross-border purchases in Indian Rupees using their favourite payment method.
The announcement follows the signing of a memorandum of understanding by both parties in 2021 when PPRO was first mandated by NIPL to enable global PSPs and merchants to expand into India’s e-commerce market by offering UPI.
April 2023
Holland & Barrett Innovates by Adopting Trustly’s Open Banking-Based Payment Method
Trustly has announced its Open Banking-based payment method is available on health and wellness retailer Holland & Barrett’s online store in the UK. The partnership will enable Holland & Barrett to process customer payments using Trustly, which allows consumers to pay directly from their bank account in the checkout.
Holland & Barrett is one of the largest UK retailers to embrace this type of account-to-account payment technology and is Trustly’s first major e-commerce partnership on these shores since its acquisition of UK-based Open Banking platform provider Ecospend.
By implementing the technology, Holland & Barrett says it will solve several payment challenges including refunds, reconciliation, and rising costs relating to payments.
It integrated Trustly’s services into its current infrastructure thanks to the latter’s long-term relationship with Adyen.
April 2023
Shopify And Melio Launch First Fully Integrated Accounts Payable Solution For Shopify Merchants.
Melio, a leading B2B payments platform for small businesses, announced a partnership with Shopify to power Shopify Bill Pay, an accounts payable solution that will transform how Shopify merchants pay and manage their business bills.
Through this service, merchants will now have the ability to pay and manage their vendors and contractors in the same place they run their business: through their Shopify admin.
Shopify Bill Pay enables merchants to pay bills with their preferred method (credit, bank, or wire transfer), and allows them to choose the way in which the vendor receives the payment separately (check, bank, or wire transfer).
Merchants will be able to pay their invoices for everything ranging from inventory and shipping to advertising, both in the U.S. and abroad as Melio supports payments to 100 countries.
April 2023
OnBuy Responds To Consumer Demand With The Launch Of Klarna
OneBuy teamed up with Klarna, bringing customers even more choice and convenience at the checkout! This comes as part of a series of improvements to the OnBuy experience, which includes the recent introduction of WorldFirst, Payoneer, and direct bank payments.
OneBuy's recent consumer survey revealed that 1 in 5 people choose to shop with a retailer because they offer their preferred payment method. Partnering with Klarna is a response to the growing demand for a wider range of payment options, allowing us to offer the flexibility shoppers want across over 35 million products on our site.
With Klarna, customers now have the choice to pay in full immediately (Pay Now), spread the cost over three equal payments (Pay in 3), or pay up to 30 days later, without any interest or fees (Pay in 30 Days).
April 2023
Caxton Payments Ltd has acquired nimbl Ltd, the leading young people's pocket money app and card
Caxton Payments Ltd, and ParentPay, the payment system for schools, today announced a major agreement. Caxton has acquired the entire operating business and share capital of nimbl, the pocket money app from ParentPay, expanding Caxton's offering into the fast-growing market of youth money apps and cards.
Founded in 2015 by the owners of ParentPay, nimbl taps into the growing trend of using apps and prepaid cards to teach children and young adults about personal finance. The nimbl platform provides a safe and secure way for parents and carers to give pocket money to their children, while also offering a range of features that help young people learn about budgeting, saving, and spending wisely.
Under the all-cash deal, nimbl will operate as a standalone company within the Caxton group. Alana Parsons will become Chief Executive of nimbl with immediate effect, leading the company as it enters its next phase of growth. She will retain her role as Group Chief Operating Officer of Caxton.
March 2023
TripleA partners with ipaymy to support cryptocurrency payments
Singapore-based expense payment platform ipaymy has partnered with TripleA to support the commercial adoption of cryptocurrencies.
The partnership will allow ipaymy's customers in Singapore to pay their rent, invoices, taxes, and employee salaries with cryptocurrencies, even if their recipient doesn't accept this form of payment.
ipaymy leverages TripleA's white-label crypto solution in order to create a streamlined and simplified payment experience. To be specific, the system allows users to fund a payment through any crypto wallet while the recipient receives the payment directly into their bank account in fiat currency.
March 2023
Conferma Pay and Boost Payment Solutions to transform B2B payments
Conferma Pay and Boost Payment Solutions have committed to developing a virtual payment solution in an extension of their partnership. The partnership seeks to revolutionise B2B payments by replacing legacy systems with a secure, digitised, and automated ecosystem capable of handling unique and high-volume virtual payments.
The collaboration offers a seamless B2B virtual payment platform, combining Conferma Pay’s virtual payment technology with the multi-patented straight-through processing (STP) solution, Boost Intercept. The renewed relationship between the two parties will allow businesses to manage all of their payments onto virtual card-based solutions, where they are easily able to manage all of their outgoing payments in a secure digital environment with risk-free data sharing.
March 2023
Mangopay Acquires WhenThen Payments Technology Company
Mangopay, the platform-specific payment infrastructure provider, announces the acquisition of WhenThen, a Dublin-based payments technology company, which powers payment acceptance and automates payment operations for online businesses worldwide.
With WhenThen’s technology and global connectivity, Mangopay will rapidly scale its entire payment offering to unlock significant value for its existing platform customers, through multi-processor relationships and a greater level of automation.
Through this acquisition, Mangopay continues to strengthen its product capabilities and add new revenue streams by utilising its acquisitions of both WhenThen and Nethone as fully integrated offering.
March 2023
WLPayments Announces Partnership with Truevo to Expand Gateway Solutions
WLPayments, a leading payment orchestration gateway solution provider, has partnered with Truevo, a leading payment industry acquirer, to expand their payment product offering with added features and benefits to their customers across Europe.
With this partnership, WLPayments and Truevo are poised to impact the payments industry significantly. They can offer merchants an unparalleled payment experience by combining their expertise and resources.
March 2023
B2B BNPL player Mondu continues to makes waves as it enters UK market
B2B payments company Mondu is announcing its latest market expansion into the United Kingdom. This is the fourth market where Mondu’s buy now, pay later (BNPL) solution will be available to merchants and businesses. This follows its growth across Germany and its expansion into Austria and the Netherlands in 2022. The company is opening an office in London and hiring a UK team.
Malte Huffmann, co-founder and co-CEO of Mondu, said: “The time is right for Mondu to launch in the UK. UK B2B commerce is the second largest in Europe. There’s a real need for BNPL as we’ve seen through a growing demand from UK businesses for our solutions, since our initial launch. Our payment solutions can help both online and offline companies across Britain provide their business customers with a consumer-like, best-in-class payment experience.”
Mondu empowers business customers to purchase and pay when they want. In turn, this translates to a higher conversion rate and average order value, driving growth for merchants and marketplaces. With an increased demand for a consumer-like experience in B2B, Mondu helps businesses grow.
March 2023
Acquired.com partners with Multipay Global Solutions as its official hardware provider for card terminals
Acquired.com, a UK payments specialist and payment initiation service provider, and MultiPay Global Solutions, a leading provider of payments technology, have today announced a new partnership that sees Acquired.com select MultiPay as the official hardware provider for its in-person payment card terminals.
By partnering with MultiPay Global Solutions, Acquired.com can now offer merchants a streamlined in-person payment option, with MultiPay’s hardware solutions integrating seamlessly into their existing solution. This new offering enhances Acquired.com’s payment system by adding a sophisticated hardware option, enabling merchants to further simplify their settlement process.
As Acquired.com rapidly grows its portfolio in the UK with data-driven, customised payment solutions, the new partnership will enable the company to offer cardholder present hardware to both existing and future customers.
Overall, the partnership between Acquired.com and MultiPay Global Solutions will provide merchants with a comprehensive payment processing solution that maximizes revenue opportunities, enhances efficiency, and simplifies transactions.
As Acquired.com expands its reach in sectors including retail and ticketing, the partnership will help deliver an end-to-end solution for businesses that take payments both in-person and online.
March 2023
NatWest signs deal with OneID to make new digital ID service available to businesses
NatWest Group is making its new Customer Attribute Sharing service available to businesses as an embedded digital ID solution after signing a deal with identity service provider OneID. The bank is rolling out the service, in collaboration with OneID, across a wide range of use cases, including e-document signing and digital onboarding.
Powered by NatWest Group’s Bank of APIs, Customer Attribute Sharing makes it easy, safe and secure for customers to consent to businesses accessing bank-held data that will help speed up their online experiences – for example, when signing up to new services or buying goods online.
The new service also lets customers digitally verify their details when buying age-restricted services like hiring a car.
Customers can also grant permission for businesses to be instantly notified when they update their details, such as their address, to help ensure their delivery details are kept up to date.
This can reduce the need for customers to fill in lengthy online forms or scan and upload documents, helping them save time and reducing the risk of manual error.
For businesses, Customer Attribute Sharing can speed up and streamline the online experiences they offer their customers. And it can help reduce the risk of fraud by making it easier to verify that customers are who they claim to be.
March 2023
Hokodo & BNP Paribas join forces to launch a Buy Now, Pay Later solution for B2B commerce
Market-leading fintech Hokodo joins forces with French international banking group BNP Paribas to deliver a best-in-class and frictionless B2B Buy Now, Pay Later (BNPL) solution that enables large multinational corporates to provide payment alternatives to their business customers.
Together, BNP Paribas and Hokodo will offer the most complete B2B payments solution available on the market. As a rapidly scaling fintech, Hokodo brings agility and an innovative technology platform to the partnership, which is complemented by BNP Paribas’ broad expertise, financial strength, and unrivalled reputation.
March 2023
UK fintech Weavr acquires open banking platform Comma
UK Banking-as-a-Service (BaaS) fintech Weavr has acquired B2B open banking platform Comma Payments for an undisclosed sum.
The acquisition will see Weavr become the first embedded finance provider to bring Banking-as-a-Service (BaaS) and open banking together into an embeddable payment solution for B2B mass payments.
Comma’s technology allows firms to make bulk payments for processes such as accounts payable and payroll, saving time and labour and cutting the risk for errors.
The acquisition, which is largely equity-based, will see Weavr retain most of Comma’s current workforce, including company CEO and founder Tom Beckenham and chief technical officer Gianluca Pengo.
In February 2022, Weavr secured a $40 million Series A funding round led by Tiger Global with participation from Mubadala Capital, LocalGlobe’s growth stage Latitude fund and previous backers QED Investors, Anthemis and Seedcamp.
Since the Series A, Weavr claims to have more than tripled its user base and experienced a 340% increase in transactions through its platform.
March 2023
Zilch team with Yapily to use open banking credit scores for BNPL lending
Open banking platform Yapily and payments technology company Zilch have agreed a groundbreaking partnership that will provide millions of people with better access to 0% interest swift repayment credit.
The partnership marks the first time Yapily has teamed up with a provider of consumer credit via Buy Now Pay Later (BNPL) and will see Zilch leverage Yapily’s innovative open banking platform and expertise to deliver an even more accelerated and superior credit decisioning process, responsibly, at a time when it is most needed in the lending industry.
By partnering together, Yapily will enable Zilch to access an individual’s risk and affordability profile more accurately than is currently exercised by traditional assessments. This makes it easier to provide Zilch’s 3 million customers with credit options that are tailored to their specific financial situation. This approach will empower individuals to manage their finances better.
March 2023
Spreedly Expands Payment Methods Offered to PayPal Braintree Customers
Spreedly, the provider of the leading Payment Orchestration platform, today announced even more payment method options for customers with the addition of integrations to Venmo, PayPal Credit, PayPal Pay Later, and ACH payments.
These new payment methods are now available to joint PayPal and Spreedly customers processing through PayPal Braintree.
An effective payments strategy must include the right mix of payment methods to address customer preferences, regional payment needs, and a host of other considerations.
Payments Orchestration facilitates the integration to additional and local payment methods (LPMs), providing a comprehensive set of payment options for global merchants to help reach more customers, lower transaction costs, and improve conversion rates.
"Through our single point of integration, Spreedly provides the capability, along with a wealth of knowledge, to enable customers to select the right mix of payment methods for today's market needs – and prepare for future, unknown needs," explained Randy Guard, chief product and marketing officer with Spreedly. "Our joint customers are able to offer a variety of local payment methods, like Venmo, and make it even easier for consumers to pay using any method they choose."
March 2023
Allica Bank taps SurePay for Confirmation of Payee solution
UK challenger Allica Bank has partnered with SurePay to implement its Confirmation of Payee (CoP) solution which protects customers against fraud and misdirected payments.
With CoP, customers can avoid sending online payments to the wrong person through fraud or human error by verifying the recipient’s name and bank details before the payment is made.
Ravneet Shah, Allica Bank’s chief technology officer (CTO), says CoP “is an invaluable tool for customers, giving them further assurance that their payments will reach their intended recipient."
Allica, a digital native bank, caters to small and medium-sized enterprises (SMEs) in the UK. In December, it raised £100 million in a Series C funding round.
Founded in 2016, SurePay is a European supplier of the IBAN-name check service to almost every major Dutch bank, along with more than 250 companies including insurance firms, pension funds and energy suppliers.
SurePay has been offering CoP in the UK since 2020, with recent clients including Railsr, Virgin Money and Triodos Bank.
March 2023
Newpay Partners With THG to Help Customers Spread the Cost of Online Purchases
Newpay, a digital credit account that spreads the cost of online purchases, has partnered with THG to offer its customers a flexible and regulated way to pay at checkout.
Newpay has been fully integrated into the checkout experience, offering seamless access to credit for customers. The option is now available across several of THG’s brands, including the world’s largest pure play online beauty retailer, Lookfantastic, and the world’s largest direct-to-consumer sports nutrition brand, Myprotein.
With ‘Buy Now, Pay Later’ options increasingly popular amongst consumers, Newpay gives customers the ability to break down online purchases over six months, while undertaking affordability checks to ensure customers are only offered credit they can afford to pay back.
Newpay is provided by NewDay, one of the biggest UK providers of consumer credit with over 20 years of underwriting experience, and is fully regulated by the Financial Conduct Authority (FCA).
March 2023
Boodil and Sticky tie-up makes open banking easy
Manchester open banking payment provider Boodil's technology has been integrated into Leeds’ Sticky’s platform and NFC stickers, which means any merchant wanting to offer in-store or face-to-face payments can do so without needing a card machine or any hardware at all, in less than 10 seconds, via their customers' usual mobile banking apps.
This brings a host of benefits for the merchant from instant settlement of funds (immediate access to their money) to lower processing fees and no chargebacks. For consumers, they get bank level security and get rewarded every time they spend.
There is no contactless limit, allowing consumers to pay quickly for more expensive items at a fraction of the cost for the merchant.
March 2023
Wix and Stripe Bring Tap to Pay on iPhone to U.S. Merchants
Wix, a leading global SaaS platform to create, manage and grow an online presence, announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants.
This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware.
Using the Wix Owner App and a compatible iPhone, merchants can seamlessly accept and process contactless payments through Wix with only an iPhone from contactless credit or debit cards, Apple Pay, and other digital wallets.
Tap to Pay on iPhone provides an accessible and easy way to streamline the payment transaction process and enable merchants to accept payments from anywhere.
This method is a secure and trusted payment experience that provides Wix merchants with more flexibility to confidently grow their businesses, building upon Wix's robust product offerings that help users manage their business at every touchpoint.
March 2023
Expensya Partners With Embedded Finance Leader Swan for Continued European Expansion
Expensya, the European specialist in automated expense and spend management, has partnered with Banking-as-a-Service (Baas) platform Swan, to integrate a new payment functionality into its Software-as-a-Service-based (SaaS) solution.
Through embedding finance with Swan, Expensya has successfully added payment cards to its product and continues on its promise to provide optimal and end-to-end traceability of all business expenses. Extending its core business to launch corporate payment cards will ensure a smooth user experience with Expensya, now addressing the whole expense and spend management journey.
March 2023
Gen Z and millennial budgeting app Buddy is partnering with Klarna Kosma to enable automatic budget tracking
Gen Z and millennial budgeting app Buddy is partnering with Klarna Kosma to enable automatic budget tracking.
The personal finance app, designed to help young people build and share budgets, track their expenses and learn about financial help, has more than three million users and has seen a 52 per cent increase in active customers with Klarna Kosma.
Users can now check their account balance in real-time, monitor their spending and set up payment reminders through the Buddy app, with Klarna’s financial technology platform adding another level of security.
March 2023
GoDaddy and WorldPay team on omnicommerce
GoDaddy and Worldpay have teamed up to launch Commerce 360, an omnichannel solution tailored to the needs of small businesses.
The partnership combines GoDaddy’s omnicommerce solutions with the trusted payments of the world’s largest payment acquirer1 in Worldpay from FIS. Through this collaboration, GoDaddy’s solutions will now be accessible to more merchants through Worldpay from FIS’ large network of merchants and financial institutions. Further, Worldpay from FIS will be able to provide additional smart point-of-sale and eCommerce products to its small- and medium-sized clients.
Commerce 360 is all-in-one omnichannel solution that allows small business to accept payments in any channel. With a custom, curated website and merchant dashboard, small retailers will be able to sell (on-the-go) at events through online marketplaces, as well as through social media. Its efficient setup will also allow merchants to be up and running quickly.
February 2023
Coda Payments has partnered with RegTech provider KYC to deliver straight-through corporate onboarding across APAC
Cross-border payments and solution provider Coda Payments has partnered with RegTech provider KYC to deliver straight-through corporate onboarding across APAC.
Following this collaboration, Coda will incorporate Know Your Customer’s corporate onboarding solutions with its front-end and back-end operations.
It will also use the KYC’s single API to connect to companies’ registries across 127 countries across the world in real-time while retrieving the necessary official documents automatically, extracting vital corporate information, identifying ultimate beneficial owners (UBOs) through documentary evidence as required by regulations, as well as to unraveling complex company chards.
Coda will streamline its due diligence operations on business prospects and clients. The new onboarding process will be instrumental in enabling fast and secure expansion for their client base in multiple Asia-Pacific markets and industries, as well as globally. Moreover, it will focus on providing solutions to offer both improved customer experience and no-compromise compliance.
February 2023
Fingerprints and Flywallet Developing Wearable Biometric Payment & Access Products for Europe
World-leading biometrics company Fingerprint Cards AB (Fingerprints™) and Flywallet, a biometric wearables technology startup, are collaborating to develop and launch biometric wearable products for the European market.
Flywallet has built a range of consumer products that support payments, mobility, access and health use cases in a single ecosystem. Among other uses, its products enable secure payments, ticketing and loyalty services; password-free login to online services; and building and car access control.
The wearable products from Flywallet will now feature Fingerprints’ biometric sensors, software and algorithm benefitting from their ultra-low-power consumption, leading performance, and the company’s years of experience in secure biometrics innovation.
Fingerprints’ sensors are designed to be multifunctional to enable usage across a range of different form factors to enhance the security, privacy and user experience.
February 2023
Napier to provide AML transaction monitoring for Lyra
Financial crime compliance technology specialist Napier has announced a new partnership with Lyra Group, the payment solutions provider, processing over twenty billion transactions worldwide annually.
The partnership will see Napier provide Lyra with advanced transaction monitoring and hosting, and the capability to further scale its business globally.
The new transaction monitoring solution from Napier will help Lyra improve its compliance framework. It will be implemented in two phases, initially using Napier’s existing transaction monitoring rules, before the two organisations collaborate on creating additional rules based on specific typologies tailored to Lyra’s risk profile.
February 2023
Unlimint Adds Mercado Pago to Payment Portfolio Enabling Merchants’ Global Growth
London-based global fintech, Unlimint, has announced it is further expanding its alternative payment methods portfolio with the addition of one of Brazil’s leading online payment solutions, Mercado Pago.
This collaboration will allow Unlimint’s merchants from across the globe to expand to Brazil and offer local customers one of the country’s most popular payment options.
Unlimint is an award-winning global all-in-one fintech offering advanced payment capabilities through an evolving financial interface to startups and businesses across the globe with 16 offices across five continents.
February 2023
Trustly has announced its partnership with booking platform Bokadirekt for instant payments
Following this collaboration, Bokadirekt will offer its traders and merchants revenue collection from their clients in a faster and more efficient way, while using the instant payout services incorporated by Trustly.
By processing instant payouts, traders will have the possibility to access their funds much easier, having access to see and monitor their balance as well.
While leveraging Trustly’s payment infrastructure and suite of services, numerous connected enterprises and businesses such as healthcare services or beauty salons are enabled to receive transactions from customers directly in their bank accounts, in a secure way.
February 2023
SmartOSC and Gr4vy Join Forces To Improve Customer Payment Experience
SmartOSC has officially partnered with Gr4vy, an award-winning cloud-native payment orchestration platform renowned for taking the complexity out of building and managing payment stacks.
SmartOSC has partnered with Gr4vy to ensure that their existing and future clients no longer have to face this kind of complexity alone. Gr4vy’s architecture is built to offer merchants the ability to access multiple payment providers and payment methods through a single integration. Independently of how many providers merchants want to work with, they will only need to integrate with Gr4vy once.
Adding any additional payment method after this first integration requires no more additional development. Their low-code single integration allows merchants to optimise their payments stack and scale their business all in one place.
February 2023
Checkout.com forges partnership with payments fintech NewDay
Checkout.com has partnered with the London-based payments fintech NewDay.
NewDay, which is a leading provider of consumer credit in the UK, has appointed Checkout.com as its payments provider for debit card payments. The deal will see NewDay streamlining its payment process, operations and reporting.
The partnership means NewDay has access to Checkout.com's payment tools through a single technical integration. The fintech company is leveraging Checkout.com’s payment services and revenue optimisation product – including Authentication, Fraud Detection Pro and Reconciliation. Additionally, the move to simplify and streamline payments will deliver cost savings for the business.
February 2023
NetBet Casino UK adds Citizen to providers list
NetBet UK, a leading online casino with over 20 years in the industry, has welcomed Citizen, a new payment solution, to the fold, giving players another option for deposits and withdrawals.
One important way to build exceptional online casino security is to partner with trusted payment solution providers. The most recent addition to their growing list is Citizen, an award-winning provider of instant cardless payments that make depositing and withdrawing funds simple and straightforward.
Citizen’s account-to-account (A2A) payments are backed by open banking technology and use built-in facial biometrics to verify players’ bank accounts for Know Your Customer (KYC), in an instant. Players can securely pay in deposits and withdraw funds that settle immediately, without the disruption of dealing with codes, apps or pins.
With user experience at the heart of everything it does, Citizen is connected to all major UK and European banks. With fast processing times and both deposit and withdrawal limits set at £10 up to £10,000, players at all levels can manage their on-site cash safely.
February 2023
Shieldpay partners with Fenergo to achieve perpetual due diligence and scale operations
Fenergo and Shieldpay announced their partnership. The companies are working together to realise a comprehensive CLM system and perpetual risk monitoring, as Shieldpay scales its operations.
Shieldpay provides secure B2B payments to legal and professional services firms, financial services, and technology platforms, focusing on high value and high-volume transactions. To date, Shieldpay has processed over $5bn of corporate funds for litigation settlements, M&A deals, real estate and secondary transactions through its digital platform.
Fenergo’s Software as a Service (SaaS) CLM and transaction monitoring solution enables Shieldpay to consolidate real-time client KYC and AML data in one platform, achieving perpetual customer due diligence and supporting ongoing regulatory policies. With this in place, Shieldpay can manage a fully digital due diligence process, which will streamline internal operations and allow for faster onboarding of new clients.
February 2023
Trustly and APEXX Global partner to offer modernised recurring payments experience
PEXX Global, the multi-award-winning Payment Orchestration Platform, has partnered with Trustly, the global payments platform for digital account-to account (A2A) transactions, to offer Trustly’s recurring payments method to merchants across global markets.
Trustly’s solution, provided through APEXX Global’s orchestration platform, is set to transform the Direct Debit experience for APEXX merchants and customers. The payment method boosts conversion rates, reduces payment errors, and lowers costs. Trustly’s solution creates mandates instantly, using innovative Open Banking APIs without additional account verification or manual handling.
Through this partnership, merchants can access a more cost effective and efficient alternative to the manual Direct Debit mandate setup. The scalable, recurring payments method is available to EU and UK merchants.
In an immediate testament to the new partnership, APEXX and Trustly have announced that they have delivered the sustainable and scalable recurring payments solution to a leading operator in the European travel industry, reducing mandate failure rates to zero.
February 2023
Token goes live with Open Banking payments in Italy
Open banking payment platform, Token, today announces it has added Italy to the growing number of countries in which it offers Account Information Services (AIS) and Payment Initiation Services (PIS).
Token’s customers can now initiate open banking enabled account-to-account (A2A) payments and access aggregated bank account and transaction data for 84% of bank accounts in Italy.
Connected banks include Bancoposta, Intesa Sanpaolo , UniCredit, Banco BPM, Iccrea Group, BPER Banca, Monte Paschi, BNP Paribas, Banco Mediolanum, BNL and Credit Agricole, among others.
February 2023
Unlimint taps Credits to issue Mastercard debit cards in Europe & LatAm
London-based global FinTech Unlimint has announced a partnership with digital neobank Credits, to issue Mastercard debit cards for users in Europe and Latin America.
The partnership between Unlimint and Credits aims to create a unique product that will embody an innovative proposition for crypto users across Europe and LatAm. Users will have the option to spend crypto more conveniently and seamlessly, without having to convert their assets through centralised exchanges.
By leveraging Unlimint’s in-house developed payments infrastructure, Credits can strengthen its offering with an innovative suite of services backed by payment technology. The project will allow cards to be integrated into the Credits app and ordered directly within it.
February 2023
Mobile Commerce Platform Fintiv Partners with Geoswift to Enable Cross-border Digital Remittance in Asia
Fintiv, a leading mobile commerce platform that brings together payments, loyalty programs, and mobile marketing in one place, has partnered with Geoswift, a payment technology company with significant expertise in Asian cross-border payments, to enable digital remittance payments into Asia through Fintiv’s versatile mobile wallets.
The partnership will provide Fintiv’s customers the unique capability of making person-to-person or business-to-business payments into China, India, and many other Asian countries, directly from wallet accounts.
With Geoswift’s superior geographical reach through its “GeoRemit” product line, Fintiv’s payment platform can now connect to an extensive number of domestic banks or mobile wallets in Asian countries and territories. For example, payments can be delivered instantly to either the UnionPay debit/credit cards or Alipay wallets of beneficiaries in China.
February 2023
Hawk AI partners with Nikulipe, further enhancing AML Transaction Monitoring for Local Payment Methods in Fast-Growing and Emerging Markets
Hawk AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment companies, and fintechs, today announced a new partnership with Nikulipe, a Fintech company specialising in Local Payment Methods (LPMs) in Fast-Growing and Emerging Markets.
With this partnership, Hawk AI’s leading Transaction Monitoring to combat Money Laundering and other forms of financial crime will further strengthen Nikulipe’s objective to offer their clients best-in-class AML security both for existing and new services. Matching the needs of a fast-growing fintech, Hawk AI’s modular software and flexible APIs allow frictionless integration into Nikulipe’s systems.
February 2023
Raiffeisen and myPOS partner to offer payment innovation in Hungary
myPOS has partnered with Raiffeisen Bank to empower businesses in Hungary through innovative payment technology. Raiffeisen customers in the country can now take advantage of the myPOS platform and get paid across all channels: in-store, online and on the go.
As a result of the unconventional partnership, everyone with a Raiffeisen account can immediately start using myPOS tools to accept payments, see transactions in real time and settle funds in a Raiffeisen account free of charge. Bank clients can also benefit from special POS terminal prices.
February 2023
Xolvis integrates Volt’s open banking method into online payment solution
Munich-based software developer Xolvis is digitizing the entire aftersales business of repair shops in the automotive, bike and aviation sectors and is now taking things one step further: The company has integrated Volt’s payment method into its online payment gateway.
This means that Xolvis users now have access to Europe’s leading Open Banking platform, which connects more than 5,000 banks on the continent.
With the integration of the Volt platform, Xolvis enables repair shops to do business with their customers in a particularly convenient and secure way.
February 2023
Airswift Technology and Cloud Payments Partner to Enable Instant Access to Crypto with VISA and MasterCard
Airswift Technology Limited, a leading Web3.0 native payment company, and Cloud Payments, a digital payments and banking technology platform provider have joined forces to enable cryptocurrency spenders with instant access to crypto at the points-of-sale using VISA and MasterCard payment methods.
The collaboration will simplify crypto-based purchases by providing crypto on-ramping and NFT purchasing using VISA and MasterCard with optimized exchange rates. This offers crypto spenders increased convenience when shopping for retail goods and digital assets.
February 2023
Fyorin and TransferMate announce a strategic partnership
Fyorin and TransferMate announced their agreement to enter into a strategic partnership. The collaboration is poised to enhance Fyorin's proposition and global presence and provide digital business customers with a single, global payments solution through TransferMate's extensive international network.
Fyorin, a financial operations platform for digital businesses, automates and monetizes the movement of money, making financial operations smoother, faster and more efficient.
The platform eliminates 90% of manual work, allowing businesses to connect with their preferred accounting platform to automate receivables and payables.
With the integration of TransferMate's leading payments technology into the Fyorin platform, businesses across multiple jurisdictions can now access a single, global solution for all their financial needs.
January 2023
Cashflows selected to optimise Shawbrook Bank’s business finance payments
Cashflows, the platform that makes it easy for merchants to accept payments, has announced it has been selected by Shawbrook Bank to process a selection of payments.
The news comes as Cashflows marks another year of growth with a pipeline of new products and innovations set to launch in 2023.
Shawbrook delivers personalised, practical lending and saving products to over 300,000 individuals, businesses and property investors. From February 1st Cashflows will be processing Shawbrook’s ecommerce business finance collections through its virtual terminal for over-the-phone payments.
Shawbrook will also have access to Cashflows Go. Cashflows Go enables the monitoring of transactions in real-time, providing live data and analysis on payment trends, sales volumes, and acceptance rates.
Through this insight, Cashflows Go enables clients to optimise payments, set up automated email follow ups to abandoned sales, control and customise remittances, and access the virtual terminal with payments links, all through the portal.
January 2023
ID-Pal partners with Keystone Property Finance to enhance their digital onboarding process
Global identity verification provider ID-Pal announced a partnership with specialist buy-to-let lender Keystone Property Finance to enhance their digital onboarding process for both mortgage brokers and borrowers.
Through the partnership, Keystone will leverage ID-Pal’s multi-layered identity verification solution to seamlessly verify identities and addresses via a secure, branded client-facing app.
The accuracy of ID-Pal’s real-time decisioning and automated workflows reduces the full client onboarding process to just seconds.
Keystone customers also benefit from robust compliance and a full audit trail. This partnership makes the mortgage application process easier for both brokers and landlord clients, saving time and resources spent on administrative tasks.
January 2023
Trustly closes acquisition of Ecospend – becoming the leading Open Banking payments company in the UK
Trustly, the global payments platform for digital account-to-account (A2A) transactions announced the closing of the acquisition of UK-based Open Banking payments platform Ecospend, following FCA approval.
Trustly and Ecospend together become the leading Open Banking payments company in the UK, featuring connectivity with over 80 banks and a consumer reach of approximately 50 million consumers.
The fully customizable product enables businesses to embed payments into their own platforms. The solution was designed for processors like Redeban as well as banks, large fintechs, eCommerce platforms and marketplaces.
January 2023
Redeban chooses Nuvei for embedded payments solution
Nuvei Corporation announced that leading Colombian payment processor Redeban has integrated its Nuvei for Platforms embedded payments solution.
While the two companies have a long-standing strategic partnership, Redeban has adopted Nuvei for Platforms to help address the payment needs of merchants it serves.
The fully customizable product enables businesses to embed payments into their own platforms. The solution was designed for processors like Redeban as well as banks, large fintechs, eCommerce platforms and marketplaces.
January 2023
Trustly announce a strategic partnership with Nordic digital platform for savings and investments, Nordnet
The partnership enables pay-ins via Trustly across the Nordics, making it possible for Nordnet customers to deposit funds fast, securely and with an improved user experience.
Enabling Trustly pay-ins will provide capabilities to offer instant deposits across the entire Nordic region - even in markets where instant payments are not available, all with one single integration.
Since partnering with Trustly, Nordnet's customers are now able to instantly make large deposits in a few simple steps without needing to navigate away from the Nordnet webpage.
Trustly pay-ins are now live in Sweden. The service will launch in Norway during the first quarter of 2023, and in Denmark and Finland later during the year.
January 2023
Amazon-Stripe partnership accelerates ecommerce and streamlines online payments
Amazon and Stripe have signed an expanded global agreement under which Amazon will significantly expand its use of Stripe’s core payments platform and Amazon Web Services (AWS) will provide crucial compute infrastructure to help Stripe serve millions of businesses around the world.
Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US, Europe, and Canada, processing a significant portion of Amazon’s total payments volume across its businesses, including Prime, Audible, Kindle, Amazon Pay, Buy With Prime, and more.
Stripe will expand its use of Amazon Web Services, Stripe’s long-standing cloud infrastructure provider, to run and grow its business while reliably serving millions of internet companies.
January 2023
Forter acquires Immue to boost bot detection capabilities
Digital commerce platform Forter has recently announced the acquisition of Immue, an Israeli bot detection company to strengthen its existing fraud management capabilities.
The acquisition of Immue is Forter’s first, and will not only strengthen the company’s existing fraud management capabilities but add Immue’s domain-specific bot expertise, the companies said.
The acquisition of Immue will also help Forter add domain-specific bot expertise, which will boost its efforts in offering real-time solutions to any fraud-related problems and bot attacks companies might face.
The Immue team will join Forter’s cyber research group, improving its ability to detect device and connection manipulations.
January 2023
Gr4vy's payment orchestration platform gives Ding modern payments infrastructure and the ability to take on global payment data regulations
Gr4vy, the leading cloud-native payments infrastructure company, announced Ding.com, a world-leading mobile top-up service, has selected the company's cloud-native payment orchestration platform (POP) to offer alternative payment methods and increase flexibility at the time of checkout.
The mobile top-up giant chose Gr4vy to seamlessly connect to leading PSPs (payment service providers), with no code, through advanced APIs, and provide all the infrastructure needed to help address PCI compliance and meet global payment data regulations.
Ding will utilize Gr4vy's full suite of features and benefits to offer greater payment optionality as it accelerates growth into new international markets.
January 2023
Fly Now Pay Later partners with Eastern Airways to boost affordable travel
Fly Now Pay Later, the travel industry’s BNPL provider that allows customers to pay their travel expenditures in monthly instalments, has announced a new partnership with Eastern Airways.
When planning their next trip, customers of the airline will no longer be required to pay in full at the time of booking, easing the financial burden of arranging travel and helping to facilitate a smoother booking experience.
Through integration via an online widget on the Eastern Airways website and payment system, customers can spread out the cost of the trip into instalments, to make travelling around Britain easier.
January 2023
Clik2Pay rolls out account-to-account payments for Shopify stores
Payment service provider Clik2pay announced it has developed an industry changing application which allows any Shopify store to seamlessly offer a direct-from-account payment option to customers.
The first business to use the new app on Shopify is popular eyewear company Ollie Quinn, which successfully went live with Clik2pay this month. Ollie Quinn and other businesses are now able to offer their customers an option to pay directly from their bank accounts instead of needing to rely on credit cards for their online purchases.
When using Clik2pay, payments are completed safely and securely using Interac e-Transfer®, one of the most trusted money transfer systems in the world.
January 2023
American Express buys Israeli B2B payments automation start-up Nipendo
American Express has reached an agreement to acquire Israel-based B2B payments automation firm Nipendo for an undisclosed sum.
The US company is looking to build out its business payments network and says the deal is the “latest strategic step” toward its goal of creating an “end-to-end B2B platform”.
The firm partnered with accounts receivable companies BillTrust and Versapay last year and launched Amex Business Link, a B2B payments ecosystem for its network participants. It also acquired digital payment automation platform Acompay back in 2019.
Anna Marrs, group president, global commercial services and credit and fraud risk at American Express, says the latest acquisition “will strengthen our expertise and capabilities” in the B2B payments space.
January 2023
Citcon and Klarna partner to offer flexible payment solutions worldwide
Citcon, one of the leading one-stop service global payment platforms in providing in-store, online, and mobile payment solutions, and Klarna, one of the global leaders in the generational shift away from credit cards, announced an integration and business partnership which will add Klarna as a featured mobile wallet available through Citcon’s omnichannel payment platform.
Merchants currently using the Citcon payment gateway can now provide Klarna as a payment option for online purchases and in-store payments using Citcon’s payment capability.
The Citcon integration will provide merchants with access to Klarna’s payment offerings, including Pay in 4, Pay in 30, and Financing, to give consumers more choices in how they pay and drive customer loyalty. Merchants will be able to offer these payment options in-store and online on a global basis.
January 2023
BigCommerce partners with Vyne to enable A2A payments to its clients
US-based ecommerce company BigCommerce has partnered with account-to-account payments platform Vyne to offer A2A payments to their online clients.
This collaboration represents BigCommerce’s first partnership in the Open Banking field, and its aim is to offer merchants, customers, and users the possibility to accept instant payments and make refunds in real-time, while saving up to 80% per transaction.
All the clients of BigCommerce can access Vyne’s Pay while using the Bank A2A payment solution found in the BigCommerce marketing application. They also don’t need to indicate an integration because the app offers plug and play onboarding. Merchants can offer their customers real-time refunds in a fast, secure way, that will also line up with their personal preferences.
January 2023
Scottish payments orchestration platform BR-DGE have announced a three-year partnership with Visa
Scottish payments orchestration platform BR-DGE have announced a three-year partnership with Visa to offer payment solutions to merchants and consumers, offering them greater choice in how they pay and get paid.
By partnering with Visa, BR-DGE will gain access to Visa’s open network, benefiting from its global reach and scale, and secure technology. The collaboration will focus on a range of digital commerce products at a time of rapid innovation in the payments sector.
January 2023
Nuvei Enters Definitive Agreement to Acquire Paya
Nuvei Corporation, the Canadian fintech company, and Paya Holdings Inc. a leading provider of integrated payment and commerce solutions in the U.S., announced that they have entered into a definitive agreement whereby Nuvei will acquire Paya in an all-cash transaction at USD $9.75 per share for total consideration of approximately $1.3 billion.
“The proposed acquisition of Paya is a powerful next step in the evolution of Nuvei, creating a preeminent payment technology provider with strong positions in global eCommerce, Integrated Payments and business-to-business (“B2B”),” said Philip Fayer, Nuvei’s Chair and Chief Executive Officer.
January 2023
Netcetera chooses Clowd9 as payment security provider
CLOWD9, the world’s first cloud native and decentralized payments processing platform has partnered with Netcetera, a global software company for secure and convenient digital payment solutions, as its payment security provider.
CLOWD9 will use its 3-D secure issuer service for transaction authentication and Access Control Server (ACS).
December 2022
ASSA ABLOY acquires Janam Technologies in the US
ASSA ABLOY Group has acquired Janam Technologies, a leading provider of handheld mobile computers and readers, based in the US.
This acquisition enhances HID’s event access portfolio to now also include handheld readers for scanning tickets using barcode and RFID technology, including NFC.
Janam was founded in 2006 and has some 20 employees. Based in New York, it will be part of HID’s Identification Technologies Business Area.
December 2022
Ecommerce platform Rakuten France has partnered with Mastercard and Marqeta to launch Club R Pay, an integrated payment and cashback solution
A universal integrated payment solution, Club R Pay facilitates purchases for the 12 million members of the Club R loyalty programme on over 2,000 sites while they enjoy their Rakuten rewards. This new initiative allows Rakuten to streamline the purchasing process and support its partners in their digitalisation and development.
Club R Pay, Rakuten offers its members a simplified and seamless payment process within a large ecosystem of more than 2,000 partners (Nike, Lego, Marionnaud, Hotels.com, etc.).
The strategic partnerships with Mastercard and Marqeta, the global modern card issuing platform who will power single-use virtual cards, Club R Pay provides an additional security guarantee and reduces payment risks.
December 2022
PXP Financial announces partnership with Forumpay
PXP Financial, an expert in global acquiring, payment, fraud and data analysis services, announces a partnership with cryptocurrency payments technology provider ForumPay.
The partnership will enable crypto payments via PXP’s single unified multi-channel payments platform. Going forward, PXP’s merchants will be able to use ForumPay’s next generation payments technology and industry-leading expertise to accept crypto transactions from any of the 425+ million crypto wallets used by consumers around the world.
Instant conversion to traditional currencies with a payment guarantee will deliver a simple, fast, transparent and risk-free point-of-sale experience to both merchants and consumers alike.
December 2022
Metallicus Partners With Checkout.com To Strengthen Customer Experience In Digital Payments
Metallicus, a leader in digital asset and blockchain technologies, announced that it has entered into a strategic partnership with Checkout.com, a trusted global payments solution partner for world-leading financial services and consumer brands.
This partnership allows consumers in the EU and US to purchase USDC stablecoins through any debit or credit card to successfully onramp funds into their respective accounts via the Metal Pay application.
December 2022
United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt
United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets.
The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation.
This is United Fintech’s fifth acquisition since launching in 2020 and has rapidly scaled its team to 150 across New York, London and Singapore. The acquisition of Cobalt is in addition to the acquisitions of FairXchange, TTMzero, Athena Systems and NetDania; demonstrating the ability to scale and grow despite the slowdown in the fintech space.
December 2022
Tribe Payments has been selected by mobile payment platform PayNice to provide risk monitoring solutions
Payment technology company Tribe Payments has been selected by mobile payment platform PayNice to provide risk monitoring solutions.
Tribe’s Risk Monitor tool is designed to take in every individual data point of a transaction allowing PayNice to make risk-based decisions in real-time, right down to individual transaction level.
Italian headquartered PayNice aims to connect retailers with their customers by enabling electronic payments to be accepted and managed.
December 2022
PayitTM has partnered with Teneo to accelerate the digital transformation of its payments
PayitTM, NatWest’s multi award-winning open banking payments solution, has partnered with Teneo to accelerate the digital transformation of its payments.
Teneo is the first customer to use Payit by NatWest’s new functionality which incorporates Confirmation of Payee (CoP).
Teneo will leverage account-to-account (A2A) solution Payit, which now utilises Confirmation of Payee to speed up payments, in order to pay dividends to employees and creditors affected by insolvent firms.
December 2022
Swaps.app partners TrueLayer to introduce instant bank payments
Estonia-based Swaps.app is partnering with TrueLayer, aiming to use its open banking infrastructure to offer secure, cheap and instant bank payments to the UK.
TrueLayer Payments has been embedded in Swaps.app’s platform, ensuring that customers benefit from a more efficient experience.
TrueLayer Payments allows the Swaps.app platform to bypass card networks and their interchange fees. The platform can also protect itself as its customer’s payments are authenticated directly with the bank.
December 2022
Moss, has partnered with the global modern card issuing platform, Marqeta
Moss, the fintech transforming spend management for small to medium enterprises (SMEs), has partnered with the global modern card issuing platform, Marqeta.
By utilising Marqeta’s open API platform, Moss is able to issue corporate cards to European SMEs that enable them to spend smarter, with real-time visibility and control, and save hours each month by automating time-consuming manual tasks.
Together, the two fintech platforms are focused on breaking into new tech spaces to provide innovative, easy-to-use solutions to their customer bases, supporting growth and innovation among SMEs.
December 2022
TreviPay announced the signing of a definitive agreement to acquire payment platform Apruve
TreviPay, a leader in global B2B payments and invoicing solutions, announced the signing of a definitive agreement to acquire payment platform Apruve.
Apruve offers a robust suite of payment solutions for global enterprises that will complement and expand on TreviPay’s existing order-to-cash technology offerings, merchant invoicing solutions, and the geographical reach of TreviPay’s existing B2B networks.
TreviPay has experienced unprecedented demand from global enterprise buyers and sellers resulting in 30% organic growth in 2022, and this acquisition furthers TreviPay's plans to expand its order-to-cash technology offerings and B2B payment network.
December 2022
KYP announces strategic partnership with Mastercard’s RiskRecon
KYP and RiskRecon, A Mastercard Company announced they have entered into a global strategic partnership, combining KYP’s industry leading third- party continuous monitoring risk intelligence platform with RiskRecon’s world class real-time visibility of third-party partners’ cyber performance.
The KYP-RiskRecon partnership will give businesses confidence and peace of mind by providing deep insights, rich intelligence and real-time information to make informed decisions on risk, resulting in more profitable relationships.
December 2022
Shieldpay has announced a partnership with payment service provider, Mollie
Shieldpay, the market leader in solving complex B2B payments, has announced a partnership with payment service provider, Mollie, one of Europe’s fastest-growing financial services providers.
The partnership will enable Shieldpay clients to have their payments needs fully digitised, from routine payments requiring straight-through processing up to high value, complex B2B transactions.
November 2022
MANGOPAY.com acquires Nethone
This acquisition will empower #platforms to transform threats and challenges posed by malicious activity into accurate, profitable business decisions.
Romain Mazeries, CEO, Mangopay commented, “We’re delighted to welcome Nethone to the family and offer a unique set of anti-fraud capabilities on top of our existing payment infrastructure.”
November 2022
BVNK has secured a UK Electronic Money Institution licence through the acquisition of SPS
The news comes shortly after the Bank of Spain approved BNVK as a Virtual Asset Services Provider, providing a springboard for expansion across the EU.
Jesse Hemson-Struthers, CEO, BVNK, says: "It’s always been BVNK's mission to bridge the gap between traditional and digital finance to offer merchants a modern payments platform that they can trust.
The BVNK multi-currency account lets customers send and receive payments on all major schemes and blockchain networks, incorporate stablecoins into their payment flows, and settle funds from over 30 markets.
November 2022
Volt launches real-time payments for crypto exchange platform Kriptomat
Volt.io, the leading global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the fastest-growing European cryptocurrency exchange platforms, are announcing a partnership to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.
This will enable near-instant speed and friction-free transactions, removing barriers for over 500,000 users in trading over 340 cryptocurrencies.
November 2022
iwoca, has integrated its B2B payment solution iwocaPay with eCommerce software WooCommerce
iwoca, one of Europe’s largest small business lenders, has integrated its B2B payment solution iwocaPay with eCommerce software WooCommerce.
This announcement comes just after iwocaPay launched its brand new B2B BNPL API solution. WooCommerce is one of the first companies it has connected with the application. The new solution allows businesses to embed iwocaPay into their eCommerce checkouts.
November 2022
Neonomics and Worldline sign long-term open banking partnership
Worldline and Neonomics have signed a commercial partnership to strengthen their open banking offerings across Europe.
Worldline will now expand its account-to-account payments and data aggregation coverage to the Nordics through Neonomics, including Norway, Sweden, Denmark and Finland. Neonomics will benefit from Worldline´s strong position as a preferred partner to many industry-leading companies and also from Worldline´s extensive open banking network in Europe.
The two companies are on track to become the first pan-European pure PSD2 API providers, servicing an extensive network of merchants, banks, and acquirers.
November 2022
Shieldpay and DirectID, announced a partnership to implement DirectID’s open banking-powered bank account verification into the Shieldpay payments engine
Shieldpay, the secure digital payments market leader, and global credit and risk specialists DirectID, announced a partnership to implement DirectID’s open banking-powered bank account verification into the Shieldpay payments engine.
Working together, DirectID’s Connect widget and Shieldpay's payment engine allow customers to transfer funds online with digital escrow and trust services.
The combined service will bring seamless identity verification during transfers, streamlining the Shieldpay customer experience without sacrificing any measure of security, bringing customers a frictionless payments journey at every step.
November 2022
TrueLayer is partnering with Coinbase to enable UK users to top up their accounts via their mobile banking app.
Fintech unicorn TrueLayer is partnering with Coinbase to enable UK users to top up their accounts via their mobile banking app. This is part of a broader push into digital assets as the open-banking company eyes adding a stablecoin product to its crypto-focused offering.
Through this partnership with Coinbase, UK users will be able to link their bank accounts directly to Coinbase, authenticate via a banking app and then confirm payment. This will be rolled out progressively across Europe in the coming months.
November 2022
BR-DGE has extended its partnership with Worldline
Leading payment orchestration provider BR-DGE has extended its partnership with Worldline, announcing that Worldline’s new global acquiring capabilities have joined BR-DGE’s Partnership Program.
The collaboration will see BR-DGE’s merchants having access to scalable, trusted and secure solutions from Worldline’s global acquiring platform, across the payment value chain.
The extended partnership will further leverage both BR-DGE and Worldline’s expertise in the Digital, e-Retail, Gaming & Media and Travel sectors, with a view to future product development and collaboration between the entities, reinforced by the global outlook of both partners.
November 2022
Veriff announced a partnership with TrueNorth
Veriff, a global identity verification provider, announced a partnership with global financial services software development company TrueNorth.
This partnership will provide TrueNorth’s clients with seamless access to Veriff’s growing suite of identity verification (IDV) solutions for safer and enhanced digital transformation initiatives.
“Our new partnership with Veriff allows us to optimize identity fraud prevention without compromise,” said Patrick Rikli, Director of Partnerships at TrueNorth.
November 2022
DivideBuy announced a partnership with Acquired.com
DivideBuy, the leading UK Point of Sale (POS) finance pioneer, has announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which DivideBuy’s merchants will be able to leverage smart automated tools designed to eliminate the rate of failed transactions, boost approval rates and offer vastly smoother payment experiences for customers.
DivideBuy partnership with Acquired.com promises to accelerate the uptake of POS finance among customers of DivideBuy’s merchants by reducing involuntary churn, slashing the number of declined transactions, and empowering far greater data insights through enhanced reporting and analysis tools.
November 2022
Checkout.com to simplify and modernise Sainsbury's payment infrastructure
Checkout.com has been appointed by Sainsbury's to simplify and modernise payment infrastructure across the grocery giant’s business. New till-free technology is the first stage in a long-term partnership, aimed at creating more digital payment solutions for Sainsbury’s and improving its customer offering.
The new Checkout.com enabled SmartShop functionality, will allow customers to pay for their shopping via an app on their smartphones.
Underpinning the new functionality will be Checkout.com’s payments platform, enabling transactions through digital wallets such as Apple Pay and Google Pay. This is live across Sainsbury's SmartShop stores and will be rolled out to Argos and Habitat stores in the coming months.
November 2022
Nuvei announced it has been selected by UK marketplace OnBuy as its payment partner
Nuvei announced it has been selected by UK marketplace OnBuy as its payment partner to help the business execute on its growth initiatives in and beyond the UK.
OnBuy is investing in new, innovation-led partnerships using latest technologies to support the marketplace’s disruptive eCommerce model as it expands.
The payment technology partnership with Nuvei is a key part of its growth strategy to cement its name as a trusted marketplace powerhouse in the UK.
November 2022
Cardstream, has announced a partnership with cryptocurrency specialists Qi
Leading independent Payments Gateway, Cardstream, has announced a partnership with cryptocurrency specialists Qi to provide Merchants with capabilities to accept digital currencies.
Cardstream processes Card payments globally, as well as emerging and local payment methods for certain geographies and consumers. Adding Qi will strengthen this approach by providing the ease of access that crypto provides on a global platform.
November 2022
Shieldpay announced its partnership with Checkout.com
Shieldpay, the market leading fintech solving complex B2B payments, has today announced its partnership with Checkout.com, the global payments platform, to support customers that need more than just straight-through-processing.
This partnership will allow Checkout.com to leverage Shieldpay’s unique payment engine and digital escrow capabilities to address the payment challenges customers are facing around security, trust and transparency in high value transactions online.
November 2022
Oveit partners with Utrust to integrate cryptocurrency payments
Oveit, the fintech company headquartered in Austin, Texas, partners with Utrust, a Swiss start-up that offers cryptocurrency payment solutions. Their aim is to integrate a new payment method into the entertainment market, allowing event organisers to accept and use cryptocurrency payments.
The companies will intermediate crypto payments from up to 1 billion events, amusement parks, and touristic package clients worldwide.
November 2022
Trust Payments will power Hippodrome Casino with its new cashless wallet mobile payment solution
Global unified payments group Trust Payments has struck a major deal with the The Hippodrome Casino, agreeing to provide it with cashless payment solutions. Following the agreement, casino visitors will be able to pay through the venue’s mobile app.
Trust Payments will power Hippodrome Casino with its new cashless wallet mobile payment solution. Starting in December, this deal will allow customers to use the Hippodrome Casino mobile app as a valid payment method.
November 2022
DivideBuy partners with Salesforce to offer instant onboarding for merchants
DivideBuy, the leading UK Point of Sale (POS) finance pioneer, has today announced a partnership with Salesforce, the world's foremost cloud-based customer relationship management (CRM) platform, to offer instant onboarding for DivideBuy’s merchants and partners.
In yet another disruptive innovation DivideBuy has made in the POS credit space, LendTech’s partnership with Salesforce promises to break records in merchant onboarding times, accelerating the uptake of POS finance among customers in more verticals.
November 2022
BlueSnap and objectsource expand partnership across Europe
BlueSnap, the payment orchestration platform of choice for leading B2B and B2C businesses has expanded its partnership with top eCommerce agency, objectsource to support online sellers across Europe.
The paytech firm has teamed up with the London-based consultancy to enhance its integration with popular shopping cart plug-in Magento /Adobe Commerce, adding new payment methods – GooglePay and ApplePay, iDeal and Sofort.
BlueSnap has been objectsource’s payment partner of choice over the last five years, while the eCommerce consultancy serves as the paytech’s System Integrator (SI), responsible for building and maintaining updates to the Magento / Adobe Commerce plug-in for BlueSnap.
November 2022
AccessPay has teamed up with Finastra
AccessPay has teamed up with Finastra to simplify traditional corporate banking host-to-host connections and deliver corporate-to-bank connectivity.
This partnership aims to strengthen corporate relationships by enabling banks to offer direct payments’ connectivity to a broader range of corporate customers.
Finance teams within corporates will have typically time-consuming and manual processes automated, as banks will now be able to offer simplified connectivity to their corporate customers through means of enterprise resource planning (ERP), payroll/human capital management (HCM) system, treasury management system (TMS) and other back-office systems.
November 2022
JCB International (Europe) Ltd. Co. announced their partnership with Nuvei.
JCB International (Europe) Ltd. Co. announced their partnership with Nuvei.
Nuvei now offers JCB acceptance to its global merchant ecosystem, enabling JCB's more than 140 million-strong cardmember community to pay at Nuvei's network of 50,000 merchants across global markets. These merchant sectors include social media, luxury retail, travel and entertainment.
This will allow JCB to provide a compelling offering for the global spenders amongst its cardmember community.
October 2022
CellPoint Digital partners with Reach to break down cross-border transaction barriers
CellPoint Digital, the global leader in Payment Orchestration, announced a new partnership with Reach, a payment platform that simplifies how businesses sell cross-border--enabling merchants to process payments locally while selling globally.
The partnership is the latest in CellPoint Digital’s ongoing commitment to offer easy-to-implement solutions that help merchants solve cross-border, operational and technological challenges and simplify back-office complexities.
October 2022
JCB International announced a new partnership with Trust Payments
JCB International Co., Ltd., today announced a new partnership with Trust Payments, a leader in fintech powering truly innovative customer commerce solutions. JCB's growing community of over 140 million cardmembers will now be able to seamlessly make payments across Trust Payments' vast network of online and physical merchants, spanning 48 regions in Europe.
Relied upon by over 20,000 businesses in retail, financial services, travel, hospitality, and other emerging verticals - Trust Payments empowers ecommerce and POS capabilities for their global merchants. This partnership will give Trust Payments' merchants more opportunities to generate higher profits and welcome new customers - by tapping into JCB's loyal cardmember community.
October 2022
Gr4vy announced a multi-year partnership with Woolworths Supermarkets Group, Australia & New Zealand's largest retailer
Gr4vy, Inc, the leading cloud-native payments infrastructure company, announced a multi-year partnership with Woolworths SupermarketsGroup, Australia & New Zealand's largest retailer.
Gr4vy, Inc's payment orchestration platform (POP) technology will power Woolworths Group's Wpay payment platform to accelerate the company's product development and innovation agenda.
This partnership will make it easy for Wpay to deploy and manage payment complexities and offer advanced payment optionality to Woolworths brands and other Wpay merchants in Australia.
October 2022
Klarna has expanded its partnership with Boohoo Group PLC,
Klarna has expanded its partnership with Boohoo Group PLC, one of the fastest growing international online retailers, to bring ‘Pay in 3’ to Boohoo’s online shoppers in Ireland.
Through this partnership, Irish online shoppers at Boohoo Group’s brands, including boohoo, boohooMAN.com, PrettyLittleThing.com, dorothy perkins and Nasty Gal, will now have the option to split any purchase into three interest-free instalments and enjoy a smoother shopping experience online.
October 2022
Cardstream selects Nuapay to launch its pay now and pay in instalments with open banking for online merchants.
The partnership enables Cardstream’s open payment network of white label partners, including ISO and ISV resellers, to offer Nuapay’s collection services and instant open banking payment services to customers in 28 EU and UK markets.
Additionally, Cardstream’s merchant user base can use Nuapay’s Account2Account (A2A) payment services, which are accessible through all existing integration methods, as well as ecommerce platforms, such as Magento and WooCommerce, to enable Pay Now and Pay In Instalments.
October 2022
Token, and Computop have joined forces to answer the growing demand for Open Banking payments in Europe.
Using Token’s Open Banking connectivity and platform, Computop enables account-to-account (A2A) payments for eCommerce merchants, whitelabel partners and resellers using its Paygate platform.
Token powering A2A payments for Computop’s Paygate platform; enhancing the checkout experience with improved security, faster settlement, reduced costs and no chargebacks.
October 2022
Relai 🇪🇺 the Swiss bitcoin app, announces its partnership with Checkout.com
The move makes Relai 🇪🇺 the first – and only – bitcoin company to offer instant transactions through a wallet that’s entirely owned by the customer.
The partnership means that Relai users will be now able to buy bitcoin via Visa, Mastercard, Apple Pay in real time. This also means that all payments to and from Relai will take seconds rather than the one-to-four days working days of traditional bank transfers.
October 2022
Online Bank N26 to Offer Crypto Through Bitpanda's Trading Product
Online Bank N26 to Offer Crypto Through Bitpanda's Trading Product. Austrian N26 customers will be the first to have access to around 100 cryptocurrencies via the bank’s app with more to follow in the coming months.
Customers will be able to trade almost 200 cryptocurrencies on N26 Crypto using money from their N26 account. The product will first be available progressively to customers in Austria before gradually rolling out to other markets over the next six months.
October 2022
Visa has joined forces with Singapore-based global payments company Thunes
Visa has joined forces with Singapore-based global payments company Thunes to launch a cross-border send-to-wallet capability for small businesses and consumers.
Under the partnership, the Thunes’ B2B payments platform will connect to Visa Direct adding a cross-border send-to-wallet capability to 78 digital wallet providers.
The collaboration expands Visa Direct’s reach to nearly seven billion endpoints, including more than three billion cards, over two billion accounts and 1.5 billion digital wallets.
October 2022
Currencycloud has become the preferred foreign exchange (FX) partner for fintech infrastructure platform, Integrated Finance.
Currencycloud, the experts in simplifying business in a multi-currency world, has become a preferred FX partner for Integrated Finance, the London-based Fintech infrastructure platform that helps businesses build, expand and manage the financial infrastructure, delivering easily integrate FX products for existing payment platforms.
Partnering up with Currencycloud and building on their infrastructure-as-a-service will allow Integrated Finance to offer their fintech customers access to Currencycloud benefits, enabling them to build cross-border payments and FX functionality into their platforms in a quick and easy manner.
October 2022
Primer and Coinbase have announced a strategic integration
Primer, the world's first automation platform for payments and commerce, and Coinbase have announced a strategic integration that allows merchants in markets across the globe to add crypto as a standard method of payment at checkout.
Coinbase Commerce, Coinbase's platform to help merchants accept cryptocurrency payments, can be added to Primer's Universal Checkout with clicks, not code.
This means merchants using Primer can now add crypto payments easily and quickly to their checkout page, which is critical given that 40% of global consumers say they plan to use cryptocurrency to make a payment within the next year.
October 2022
Firi has expanded into Denmark with the help of Neonomics
Firi, one of the Nordic’s largest crypto-currency exchanges has expanded into Denmark with the help of Neonomics.
Neonomics has established a strong base in the country with several large customers across different industries validating the security and cost-effectiveness of open banking powered payments and data services, with the two companies working together for.
October 2022
Global Processing Services (“GPS”), announced it is partnering with Featurespace
Global Processing Services (“GPS”), announced it is partnering with Featurespace to create a market leading issuer processing fraud mitigation solution.
GPS will incorporate Featurespace’s industry leading ARIC™ Risk Hub into its suite of fraud and risk management services globally. ARIC Risk Hub will further strengthen GPS’ fraud technology by improving fraud detection rates by over 70%, reducing false positives by 80%, and addressing fraudulent activity in real-time.
October 2022
Lemonway and Xbaht money transfer are onboarding Ripple Net to tap its increasingly popular blockchain solution for cross-border payments and settlement.
Paris-based payment provider Lemonway and Swedish money transfer provider Xbaht money transfer are onboarding Ripple Net to tap its increasingly popular blockchain solution for cross-border payments and settlement.
The partnership with its new customers means things are shifting for Ripple’s business across Europe into a higher gear. This partnership will make it easier for consumers and businesses in France and Sweden to make real-time payments across borders powered by Ripple’s financial technology, RippleNet.
October 2022
CLOWD9 launches world’s first payments processing platform
UK-based CLOWD9 has launched the world’s first cloud-native, cloud certified, decentralised, payments processing platform.
CLOWD9 is an enabler for banks and FinTechs, providing them with unrivalled controls, functionality and data with global coverage by design.
October 2022
Adyen partners Tink for open banking payments.
Adyen partners Tink for open banking payments. Adyen will tap Tink’s payment initiation technology to enable businesses to access account-to-account payments, beginning in the UK with more markets to follow in 2023.
The agreement builds on a partnership Adyen and Tink already have for Account Check technology, that lets Adyen’s customers instantly verify account ownership to streamline payouts.
