Program recognizes female founders and thought leaders for their contributions to financial technology
TransNetwork announced the acquisition of Inswitch
May 16, 20246 min
TransNetwork, a B2B payments infrastructure platform for instant money movement in the Americas, announced the acquisition of Inswitch, a provider of embedded finance technology. This strategic acquisition combines TransNetwork’s payments network and instant money movement capabilities with Inswitch’s financial technology solutions offered via an API-based core platform. The transaction will accelerate the development of TransNetwork’s digital product suite for cross-border payments in Latin America. Together, TransNetwork and Inswitch will offer a range of financial technology products for enterprises and...
Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo. This recognition underscores its innovation and expansion, achieved amidst challenging market conditions and economic downturns. The CNBC Disruptor 50 list is renowned for spotlighting private enterprises that shake up traditional industries and chase substantial opportunities. Criteria such as scalability, user growth and use of breakthrough technologies are key factors in the selection process, making...
TerraPay, a prominent global money movement company, has partnered with Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI]. TerraPay’s global payment solutions for local payout needs integrated with Al Ansari Exchange’s extensive network expands both organisations scope of operations and improves their capabilities to serve a broader customer base with efficient, secure, and seamless transactions. With its strong portfolio...
Finastra is among the first in the industry to complete testing and certification for multiple solutions, enabling and supporting compliance readiness for its financial institutions' customers
Talus, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, announced it was recently honored with a Star Award as Independent Sales Organization of the Year by the Electronic Transactions Association. The award recognizes an ISO member company whose actions move the payments industry forward while exhibiting high ethical standards and successfully addressing industry challenges with demonstrated business results. ETA also recognized Talus as one of the industryâs Top 10 Payments...
Enumerate announced the launch of Automate AP
May 9, 20245 min
Automate AP saves community associations and HOAs up to 75% of their invoice processing costs, while improving employee and vendor experience
Innovative technology enables instant access to KeyBank commercial cash management bank accounts
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 â efficiency-focused businesses increased their use by 31% over the prior year, and convenience-minded consumers experienced a 32% increase. These changes, particularly consumersâ use of digital wallets and online banking, are leading to increases in instant and faster payment use cases such as bill...
Visa Inc. and J.P. Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Paymentsâ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network. With Visa Directâs extensive reach in the US, J.P. Morgan Payments will empower merchants, businesses and fintech to embed faster domestic payments into their solutions, including its Push to Card payment rail, enabling fast...