TransferMate Applies for Bahrain License to Expand Middle East Reach

TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service (IaaS), has today announced it has submitted its application for a representative office license in Bahrain as it accelerates its expansion across the Middle East. This means partners and their customers doing business in Bahrain will be able to access TransferMate’s full suite of services – including payments, receivables, and stored funds globally, subject to regulatory approval. This will simplify cross-border transactions, enhance cash flow visibility,...

Citcon, GMO Payment Gateway Partner to Boost Cross-Border Pay

Citcon, the leading global provider of integrated payment solutions, and GMO Payment Gateway, Inc., a leading Japanese payment service provider, today announced a strategic partnership and investment. This collaboration builds upon GMO-PG’s prior investment in Citcon, enabling merchants globally to access a more comprehensive set of payment methods in Japan and beyond. Through this partnership, Citcon will integrate GMO-PG’s Japanese payment capabilities, including credit cards, digital wallets, and convenience store payments, into its platform. This...

Fintiv Files RICO Suit Against Apple Over Mobile Wallet Tech

Fintiv, Inc., a global leader in patented, digital wallet ecosystems, announced today the filing of a civil lawsuit against Apple, Inc. in the Northern District of Georgia, Atlanta Division, alleging violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act, Georgia’s RICO Act, The Defend Trade Secrets Act, and Georgia’s Trade Secret Act. The lawsuit, filed by Kasowitz LLP, alleges that Apple engaged in a pattern of racketeering activity, including wire fraud and trade secret...

Walk Solutions Starts Banking Relationship with Old Glory Bank

Walk Solutions LLC today announced it has started a banking relationship with Old Glory Bank, America’s premier bank committed to PSL – Privacy, Security, Liberty. Walk Solutions offers payment processing solutions and token-based incentives programs, and Old Glory Bank is an FDIC insured bank with a strong reputation for providing secure mobile banking for business and consumers, with customers in all 50 states. Both companies share a commitment to compliance, BSA, and AML, while delivering personalized...

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