payment services - FinTecBuzz

Dfns Secures $16M to Expand its Crypto Wallet Infrastructure for Finance

January 15, 20254 min

Dfns, the leading wallet-as-a-service platform for crypto assets, has successfully closed a $16 million Series A, led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. This round also saw participation from historic investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside new backers including Motive Partners, Wintermute, and Motier Ventures. Our Institutional Focus Paid Off Two years ago, Dfns made a strategic up-market move focusing mainly...

by PRNewswire

Payments

Canva and EBANX Join Forces to Drive Digital Inclusion in Latin America

October 21, 20248 min

With a projected 44% growth in users over five years, Latin American digital commerce is being focused on by the Australian SaaS with a tailored strategy of payment solutions that include both cards and alternative payment methods

by BusinessWire

Payments

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...

by PRNewswire

Payments

Payzli Selects Michael LaCapria for Board of Directors

April 15, 20243 min

United Payment Systems, LLC doing business as Payzli® announced the selection of Michael Lacapria as a director to Payzli’s Board of Directors. Mr. Lacapria was selected to serve on Payzli’s Board by Esquire Financial Holdings, Inc. (“Esquire”) in connection with Esquire’s $6 million strategic fintech investment in Payzli. Mr. Lacapria has over 20 years of experience as a leader in the financial services industry. Since 2018, he has served as Senior Vice President and Chief Financial Officer of...

by PRNewswire

Payments

TerraPay welcomes Louise Brett as an Independent Director

March 4, 20244 min

TerraPay group, the leading global cross-border payments network, is pleased to announce the appointment of Louise Brett as an Independent Director at Terra Payment Services (UK) Limited (TerraPay UK). Louise brings a wealth of experience and a distinguished career in the financial services industry. In this role, Louise will serve as a vital link between TerraPay, the financial ecosystem at large, and TerraPay stakeholders, to uphold the highest standards of governance, diversity & inclusion, and a culture...

by PRNewswire

Crypto Currencies

BitPay adds support for over 100 New Cryptocurrencies

January 10, 20244 min

BitPay customers enjoy a more seamless crypto payment experience, along with the ability to pay with a diverse range of newly supported coins and tokens in the BitPay app, online, and in-person through new updates

by PRNewswire

Payments

Dwolla launched Dwolla Connect

August 10, 20235 min

New API solution simplifies payment management across multiple banking providers.

by GlobeNewswire

Payments

Verifone announced New CEO

August 3, 20233 min

Mike Kohlsdorf appointed as CEO to drive next phase of growth for transformed company

by PRNewswire

Payments

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...

by BusinessWire

Payments

Onfido announced four year partnership result with Lemonway

July 5, 20236 min

Pan-European payments service provider, Lemonway, sees immediate results with automated identity verification solutions; and further expands its partnership with Onfido.

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