Morgan Stanley Expansion Capital Makes $20 Mn Investment in NovoPayment
November 13, 20244 min
Funding to help accelerate product and commercial growth and strengthen position in the banking and payment vertical SaaS market
SoftPoS: The backup plan for failed payments
July 31, 202415 min
Find how SoftPoS provides a seamless backup for traditional payment systems, ensuring business continuity during tech failures and enhancing payment security
Wirex Announces Groundbreaking Node Sale for Wirex Pay
May 27, 20245 min
Wirex is thrilled to announce the launch of the Node Sale for Wirex Pay, its much-anticipated payment ZK (Zero Knowledge) Chain. This revolutionary event represents a significant leap forward in decentralizing payment infrastructure, inviting the global community to participate in shaping the future of payments. What is the Node Sale? The Node Sale offers an exclusive opportunity for users to purchase node licenses and become integral parts of the Wirex Pay network. Nodes are essential...
US Embraces Speed: Faster, Instant Payments on the Rise
May 7, 20245 min
U.S. businesses and consumers are rapidly adopting digital, faster and instant payment services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 — efficiency-focused businesses increased their use by 31% over the prior year, and convenience-minded consumers experienced a 32% increase. These changes, particularly consumers’ use of digital wallets and online banking, are leading to increases in instant and faster payment use cases such as bill...
Paystand announced the acquisition of Teampay
April 26, 20246 min
Combined Company Creates No-Fee B2B Digital Payment and Spend Powerhouse That Services Over 1 Million Businesses
Nium expands in Asia, seals Artajasa partnership MOU
April 23, 20245 min
Global payments expansion in Indonesia; adds to recent successes in Korea and Thailand
Early adopter INB using FedNow Receive feature
July 31, 20233 min
INB, N.A., a bank headquartered in Springfield, IL, is an early adopter of FedNow, a new payment infrastructure that allows U.S. financial institutions to provide safe and efficient instant payment services. Institutions adopting the service can provide customers with instant access to deliver and receive transactions year-round, including holidays. INB is initially offering the receive-only feature. INB was selected as a FedNow pilot participant in late 2020. On July 20, 2023, INB was one of 35 banks...