Routable Launches Cross-Border Payments

Routable, a modern and intuitive business payments platform with a focus on mass payouts, today announced its new Cross-Border Payments® solution which allows businesses to pay their vendors and contractors across 220+ countries. Routable’s Cross-Border Payments solution enables companies to pay a growing global network of key third parties, permitting companies to expand their business globally while also easily onboarding thousands of new vendors and contractors. This is a competitive advantage for rapidly-growing companies that are...

Airwallex launches Online Payments App on Shopify

Airwallex, a leading global fintech platform, announced the launch of its Airwallex Online Payments App on Shopify. The Airwallex Online Payments App is a payment gateway plugin that merchants can integrate on their online store to accept payments from their global customers. This new app is offered through Airwallex’s payment acceptance solution that covers a wide range of payment methods. These payment methods include Visa, MasterCard and UnionPay bank cards, and 30+ other local payment...

Huawei & MuRong Release the Mobile Payment & Micro Finance Solution

During Huawei Intelligent Finance Summit 2022, Huawei and Murong jointly release the Mobile Payment and Micro Finance Solution. This solution reflects the leading technologies innovation for inclusive finance which makes inclusion possible to meet the opportunities and challenges of Financial Industry. Digital transformation and innovation are developing rapidly. The opportunities and challenges coexist in the post-pandemic era, like cashless, cardless, contactless, etc. The number of mobile wallet users has grown rapidly. Mobile Payment market scale...

Fintech-as-a-Service Market Size Worth $949.49 Billion by 2030

The global fintech-as-a-service market size is expected to reach USD 949.49 billion by 2030, growing at a CAGR of 17.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of financial technology-based solutions and platforms globally is anticipated to drive the growth of the market. The increasing adoption of artificial intelligence, cloud-based software, and big data integrated with financial services is expected to drive the growth of the market for fintech-as-a-service. Key...

ACI Fraud Management Wins at 2022 Merchant Payments Ecosystem Awards

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, received further industry recognition with ACI Fraud Management for Merchants winning the Most Innovative Fraud Prevention Solution category at the recent Merchant Payments Ecosystem Awards in Berlin. An independent panel of leading industry experts chose ACI for its patented incremental learning technology within its real-time fraud management platform, which represents a considerable advancement over the traditional approach to machine learning. Developed by ACI’s Data Science team, incremental learning ensures...

AvidXchange Partners with MDT

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar® to provide a private cloud alternative for core processing and IT needs. This partnership will help promote AvidAscend, a best-in-class invoice-to-pay software solution, to MDT’s 100+ credit union clients. AvidAscend seamlessly integrates...

TerraPay & SendMN to pave the way for seamless cross-border payments

On its journey to strengthen and unify the global payments ecosystem, TerraPay – a leading global payments infrastructure company has partnered with SendMN NBFI. Based out of Mongolia, SendMN is a leading money transmitter & non-bank financial institution. Through this partnership, both companies aim to simplify the complexities & ease the challenges associated with borderless payments. The costs of sending cross-border payments are really high, slow & not secure. This partnership is a step towards achieving...

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