epay selects Fraugster for fraud prevention services

Fraugster, a payment intelligence company, has been selected by epay to pilot AI payment fraud prevention services. epay is a full-service payment provider and the digital payments processing business segment of the global financial technology solutions and payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT). epay’s worldwide transactions for payment and branded payment processing across all channels grew 30% in 2021 to more than 3 billion. Because the full-service payment provider continues to expand its engagement in...

Netcetera Advances Seamless Payments with PayTabs

Swiss software expert Netcetera is enabling secure payments in the Middle East, Africa and South Asia region with their 3DS acquiring server solution for PayTabs. The 3DS server is an important piece in the puzzle for PayTabs, an award winning payment processing powerhouse, offering social commerce, digital and next-generation payment solutions across the MEASA region. PayTabs has been a formidable player in the payment ecosystem for almost a decade, offering freelancers, SMEs, banks and super...

Buy Now Pay Later Users to Reach Over 900 Million Globally by 2027

A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions. BNPL schemes enable consumers to spread the cost of their purchases without interest charges; making them a highly attractive alternative to credit cards. Additionally,...

mPOS Terminals Market to reach US$ 64.79 Billion by 2031

Rapid pace of adoption of products by SMEs and micro-merchants offers massive avenues to service providers in mobile point-of-sale (mPOS) terminals market; firms offering value-added and customized services to capture revenues Product differentiation strategy to unlock new opportunities; Asia Pacific to witness vast lucrative avenues, underpinned by rise in application of mPOS devices in emerging economies The demand for mobile point-of-sale (mPOS) terminals is growing among large retailers mainly for their role in enhancing in-store shopping experience....

Plastiq merges With Colonnade Acquisition Corp. II

Plastiq is at the center of payments between businesses and their suppliers, empowering SMBs with choice in payment methods, payables and receivables automation, and instant access to working capital Plastiq expects to use the transaction proceeds to invest in opportunities to further scale the business with a growing product suite that empowers SMBs with access to democratized financial services that boost cash flow Plastiq Inc., the B2B payment platform powering the small and midsize business (“SMB”)...

HPS/PayMedix appoints Tom Torre as Newest Board Member

Health Payment Systems, Inc. (HPS) today announced the appointment of Tom Torre, a 30-year veteran in the fintech space, to its Board of Directors. Torre joins the HPS board as the company advances its national expansion plans for PayMedix, the healthcare payments solutions division dedicated to solving the problem of high out-of-pocket costs for all by guaranteeing upfront payments to all in-network providers and flexible repayment plans for all patients regardless of their credit history. Torre’s...

Splitit Shifts Global Headquarters to Atlanta

Establishes Atlanta as Splitit’s global headquarters and head of U.S. operations supporting its other global offices in Australia (finance) and Israel (R&D). Move puts the company in the heart of a thriving fintech ecosystem important to the company’s new strategic direction. The Atlanta metropolitan area includes over 200 fintech companies that generate over $72 billion in annual revenue and process over 70% of all U.S. transactions. Splitit (ASX: SPT) (OTCQX: SPTTY), the only white-label installment solution allowing consumers to use their existing payment card...

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