Tag: Payment

EU pushes for a digital euro amid evolving payment trends

The EC today introduced two proposals aimed at enhancing the use of both physical and digital forms of the euro across the euro area.

Payroll for flexible workers Wingspan nabs $15m

Wingspan, which claims to be the first payroll system purpose-built for flexible workers, has secured $14m in its Series A round.

99% of UK merchants have seen rise in payment declines since...

Nearly all UK merchants have experienced an increase in payment declines following the introduction of Strong Customer Authentication (SCA), according to research from Nuapay.

Payment operating system Payrails launches from stealth

Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.

KIWE hopes to become a synonym for payment after seed close

KIWE app, a mobile payment application, has closed its seed funding round, as it continues its aim to be the word associated with payments.

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.

Volt unveils new end-to-end cash management service

London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

J.P. Morgan invests in Icon Solutions

Payment solutions provider Icon Solutions has picked up a strategic investment from J.P. Morgan.

Visa buys stake in Global Processing Services

Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.

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