Tag: Payments
Real-time payments are reaching a tipping point
Commercial real-time payments have been available in the US since 2017, but they have been slow for adoption.
Mastercard on tackling AP automation’s last mile
The 'last mile' of digitalising payments is the automation of transactions, which has traditionally been a balancing act.
FX platform VertoFX said to raise $2m in seed round
VertoFX, a B2B foreign exchange and payment platform, has reportedly raised $2m in its seed round.
Visa acquires Payworks to improve payment processing capabilities
Payworks, a POS solution developer, has been acquired by Visa which builds upon a strategic partnership and investment made by Visa last year.
Tidal Commerce collects $4m in strategic growth capital
Tidal Commerce, a payments processor, has collected $4m in strategic growth capital from Super G Capital.
Payment processor SumUp raises €330m in funding
SumUp, a payment processing company, has secured a €330m investment to support its global expansion plans.
Bolt’s total funding hits $90m after $69m Series B round
San Francisco-based PayTech Bolt has secured $69m in its Series B funding round co-led by US-based venture firms Activant Capital and Tribe Capital. This latest round...
European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
Visa’s advanced authorisation technology has prevented $25bn in annual fraud
Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its...
Sequoia, Ribbit Capital among backers for $75m Razorpay Series C
Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.