Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …
Read More »
Worldpay LLC announced it will continue processing payments for Henry Schein One under a new long-term contract. A dental-software house, Henry Schein One, serves 75,000 practices. Worldpay is in the process of becoming part of Global Payments Inc. Private-equity firm GTCR has acquired Innovative Systems, a 27-year-old provider of payments and bill-processing software. …
Read More »
Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …
Read More »
VersaBank USA started a pilot for its USDVBs, tokenized versions of actual cash deposits at the bank. The move follows a similar pilot by the bank in Canada. VersaBank says it will seek a non-objection statement from the Office of the Comptroller of the Currency before launching the product commercially. Thread …
Read More »
Gather Federal Credit Union in Hawaii has partnered with equipifi Inc. to become the first credit union in the state to offer buy now, pay later to its members. The credit union, which has more than 39,000 members on the islands of Kauaʻi and Niʻihau, will offer the service as …
Read More »
Canadian fintech Zūm Rails early Thursday launched a reloadable prepaid card program on the Mastercard network for businesses in Canada, in which Zūm will serve as the card issuer. As the issuer, Zūm Rails says it can reduce by months the time it would take for businesses to launch such …
Read More »
Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …
Read More »
Credit card users are almost as satisfied using a buy now, pay later option as they are a credit card, finds new research from YouGov. Meanwhile, American Express Co. is adding new perks to entice its cardholders. The YouGov report, which is based on rolling survey data collected from U.S. …
Read More »
The payments-technology firm Gr4vy Inc. said it will work with Datalex, a technology provider for airline e-commerce, to enable payment orchestration capabilities for the airline industry. Payments provider Priority Technology Holdings Inc. said it has closed on an acquisition of revenue agreements and customer relationships owned by Boom Commerce, a Priority reseller. Priority said it expects …
Read More »
The processor Nuvei Corp. announced an integration with Zuora Inc., a technology developer for subscription businesses, to provide payments technology for Zuora clients. The subscription market globally is forecast to reach $996 billion in volume by 2028, compared to $593 billion last year, according to Juniper Research data cited by Nuvei and …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
