payments platform - FinTecBuzz

Payments Company FLEETCOR® Completes AFEX’s Acquisition

June 2, 20214 min

Raises Full Year 2021 Adjusted EPS Guidance FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today completed the acquisition of Associated Foreign Exchange (AFEX), an international cross-border payments provider. By acquiring AFEX, FLEETCOR® builds upon its corporate payments line of business and strengthens its position as one of the largest global business payment companies in the world. AFEX delivers global cross-border payment solutions that help small- and medium-sized businesses (SMBs) break down currency barriers...

by PRNewswire

Payments

Payment Platform Circle Completes $440 Million Financing

May 31, 20215 min

Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced it has raised $440 million in financing from leading institutional and strategic investors. The financing, among the top 10 in private fintech investments, fuels the company’s continued growth, organizational development and market expansion opportunities. On the heels of recruiting world-class leaders to Circle’s executive team, including Dante Disparte, as Chief Strategy Officer and Head of Global Policy, Jeremy Fox-Geen, as Chief Financial Officer, Mandeep...

by Tanvi Tirthani

In-House Features

Top 5 innovations to watch out for in the Payment Platforms

May 17, 202114 min

by PRNewswire

Online Payments

TAB Bank Rides Real-Time Payments Wave with Volante Technologies

May 14, 20216 min

TAB Bank, a full-service digital bank that services SME customers in all 50 states, selected Volante Technologies, the global leader in cloud payments and financial messaging, to help the bank provide real-time payments over the RTP® network to its already digital customer base. As part of the partnership, TAB Bank will implement Volante U.S. Real-time Payments as a Service, an end-to-end solution for the entire real-time payment processing lifecycle, from initiation through to clearing and settlement connectivity,...

by PRNewswire

Online Payments

Western Union Launches Cross-Border Payments App

May 13, 20216 min

Google Pay Users in the U.S. will be able to Send Funds Worldwide via Western Union’s Global Financial Network DENVER, MUMBAI, India, and SINGAPORE, May 11, 2021 /PRNewswire/ — Google Pay users in the United States, India, and Singapore will be the first to benefit from Western Union’s linking of its cross-border platform capabilities with Google Pay. Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and Google have teamed up to provide users in the U.S. with access to Western Union’s...

by Brady Harris

Guest Articles

The State of Digital Payments Amidst COVID-19

May 12, 202110 min

by PRNewswire

Payment Platform

vCom Solutions Launches Latest Enhancements to Spend Platform

May 11, 20219 min

vManager 13.1 integrates native control of Azure, AWS, and GCP spend vCom Solutions, a leader in IT lifecycle and spend management software and solutions, today announced the availability of vManager 13.1, the latest release of the organization’s proprietary software platform. The new release includes the first version of vManager’s native Cloud spend management capabilities, enabling end-to-end spend management of Azure, AWS, and GCP assets within the vManager platform. New features and enhancements focused on expanding IT asset...

by PRNewswire

Payment Platform

Payment Platform Adyen launches Planet

May 11, 20214 min

ADYEN (AMS: ADYEN), the payments platform of choice for many of the world’s leading companies, today announced the launch of Planet, the company’s latest addition to its Impact product suite1. Planet allows Adyen’s merchants to offer their shoppers the opportunity to offset the carbon footprint of their purchases at the end of the checkout process. This optional feature, which can be implemented at no additional cost to the merchant, directly supports climate action projects (e.g....

by PRNewswire

Payment Platform

ThryveAI Launches Online payment platform SNAP Payment

May 10, 20215 min

Complicated regulations put financial and technological barriers in front of grocers seeking to implement online SNAP payments, hitting mid-size grocers the hardest ThryveAI now streamlines the process and enables grocers to securely accept payment from EBT cards to offer those enrolled in the SNAP program a seamless and convenient online shopping experience ThryveAI, a grocery-first ecommerce platform, announced today support for Electronic Benefits Transfer (EBT) payments. Grocers using ThryveAI’s platform will have the option to...

by BusinessWire

Payments

Bill.com to Acquire Divvy, a Leader in Spend Management

May 7, 20219 min

Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5 billion. Divvy is a leader in spend management that modernizes finance for business by combining expense management software and smart corporate cards into a single platform. The acquisition supports Bill.com’s...

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