payments platform - FinTecBuzz

EML Payments Welcomes A New Managing Director And CEO

July 11, 20224 min

Global technology company EML Payments Limited (ASX: EML) is delighted to welcome Emma Shand as Managing Director and CEO, effective immediately. This follows the resignation of Tom Cregan. Peter Martin, EML’s Chairman, said ”This is an exciting time of opportunity for EML, and Emma has an ideal set of attributes to lead the company into the future. Emma will provide highly professional leadership through a period of very rapid change.” Emma Shand is a highly successful executive with...

by BusinessWire

Payments

Online Payment Fraud Losses to Exceed $343 Bn Over the Next 5 Years

July 11, 20224 min

A new study from Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year; showing the massive extent of these losses. Online payment fraud includes losses across the sales of digital goods, physical goods, money transfer transactions and banking, as well as purchases like airline ticketing. Fraudster attacks can...

by PRNewswire

Payments

Electronic Merchant Systems Acquires a Majority Interest in Paysley

July 8, 20223 min

Electronic Merchant Systems (EMS), a leading provider of merchant services and payment processing solutions, is pleased to announce today that it is bolstering its POS software stack with the addition of Paysley. Based in Chapel Hill, NC, Paysley combines the physical and virtual payment worlds to provide omnichannel capabilities to merchants of all sizes. Paysley allows merchants to send secure, contactless, tap-to-pay requests to customers over text and email; customers can also make payments by scanning...

by PRNewswire

Payments

Supercharge Web3 App Payments With Fuse Charge

July 8, 20223 min

Leading Web3 payments company Fuse Labs today announced the release of a brand new blockchain payments API platform Fuse Charge aimed at bringing crypto payments to the mainstream global economy. Fuse Charge is a blockchain as a service platform that enables businesses and professional developers to easily incorporate payments powered by the fast and low-cost Ethereum Virtual Machine (EVM)-compatible Fuse Network blockchain into their products, even without prior blockchain development experience. Blockchain-powered payments have the potential to address major flaws in...

by PRNewswire

Banking

CIT Wins 2022 FinTech Breakthrough Award

April 28, 20225 min

CIT, a division of First Citizens Bank, today announced its Community Association Banking group has been selected as winner of the “Best B2B Payments Platform” award for C-PropertyPay in the sixth annual FinTech Breakthrough Awards program. The recognition was awarded by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today. C-PropertyPay is a simple and secure payment system that enables residents and association members pay their dues, rent...

by PRNewswire

Payments

Degica announces the launch of 41 KOMOJU apps on Shopify app store

April 27, 20228 min

App release by Degica makes it one of the few payment service providers (PSPs) to provide support for a broad range of payment solutions as diverse as Paidy and Konbini in Japan, Alipay in China and Toss in South Korea Today, Degica announced the launch of 41 KOMOJU apps on Shopify app store, enabling merchants to use a single account to accept payments via a wide range of well-known and trusted methods, such as Konbini and Paidy in Japan, Alipay in China and...

by BusinessWire

Crypto Currencies

Cross River and Sardine Partner to Build Critical Risk

April 26, 20226 min

Sardine will leverage Cross River’s payments platform as part of its integrated fraud prevention software for fiat and crypto transactions Partnership further solidifies Cross River’s position as the infrastructure provider to the fintech and crypto ecosystems Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with Sardine, a behavior-based fraud and compliance platform for digital wallets and neobanks, to ensure Sardine’s customers have a reliable way...

by BusinessWire

Payments

Cambodia’s Vattanac Bank Partners with EMQ

March 23, 20224 min

Partnership enables Vattanac Bank to expand and streamline multi-currency payouts from Cambodia to key economic corridors across EMQ’s global network

by BusinessWire

Payments

Paysafe Completes Acquisition of SafetyPay

February 1, 20226 min

Acquisition enables Paysafe to further scale in the high-growth Latin American region, taking advantage of the nascent open banking ecosystem and building on its recent acquisition of PagoEfectivo. Together the two acquisitions are expected to drive multiple cross-selling opportunities across all Paysafe business units, enhancing long term growth prospects. Paysafe (NYSE:PSFE), a leading specialized payments platform, today announced the completion of its SafetyPay acquisition. SafetyPay is a leading payments platform operating primarily in Latin America...

by BusinessWire

Payments

Western Alliance Acquires Digital Settlement Technologies

January 28, 20226 min

Acquisition grows Western Alliance’s Settlement Services capabilities and solidifies bank as an industry leader in the legal class action market Robust platform enhances class member digital payments for settlement disbursements in the legal industry Digital payment solutions improve the process for all stakeholders – courts, governments, lawyers, claims administrators, and payees – and are the legal industry catalyst for digital payments adoption Western Alliance Bank today announced it has completed the acquisition of Digital Settlement Technologies,...

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