Tag : payment infrastructure

Venom Blockchain and United Network Forge Strategic Partnership to Power Next-Generation Payment Systems
Blockchain News

Venom Blockchain and United Network Forge Strategic Partnership to Power Next-Generation Payment Systems

PR Newswire
Venom Blockchain and United Network have joined their strengths to create a revolutionary blockchain-powered payment infrastructure in a groundbreaking move that could redefine the future of global payments. This unique partnership aims to harness the speed and security of blockchain to transform the use of Central Bank Digital Currencies (CBDCs)......
UK businesses must prioritise payment technology to build customer loyalty and stay competitive New research from Lloyds Bank and FreedomPay
Finance Fintech News

UK businesses must prioritise payment technology to build customer loyalty and stay competitive: New research from Lloyds Bank and FreedomPay

GlobeNewswire
London, United Kingdom, April 23, 2024 (GLOBE NEWSWIRE) — Less than a third (27%) of businesses are confident they offer seamless payments experiences. Almost two-thirds of businesses (59%) across Retail, Food & Beverages and Hospitality believe a good checkout experience offers the same competitive advantage as having the best products.......
ThetaRay Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs
Artificial Intelligence Digital Payments News

ThetaRay Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs

Fintech News Desk
Latest Round was Led by Portage, a Global FinTech and Financial Services Investment Platform, and Supported by Largest Existing Shareholder JVP and Other Shareholders ThetaRay, the leader in next-generation AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced a significant growth round led......
Fime to Help Bangladesh Bank Launch Nation’s Domestic Card Scheme
Digital Payments News

Fime to Help Bangladesh Bank Launch Nation’s Domestic Card Scheme

Business Wire
Fime has been selected by Bangladesh Bank to help launch the nation’s domestic card scheme. During this six-year partnership, Fime will provide consulting and testing services, and set up a certification body framework. By establishing this independent payment infrastructure, Bangladesh Bank is creating the stable, sovereign economic platform it needs to deliver financial......
RocketFuel Announces 15x Increase in Customer Traction from New Products and Customers
Cryptocurrency Digital Payments News

RocketFuel Announces 15x Increase in Customer Traction from New Products and Customers

GlobeNewswire
RocketFuel, Inc., a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced a 15-fold increase in customer traction in 30 days, driven by the successful launch of new products and the acquisition of three large-scale customers. The company has experienced a substantial increase in transaction......
Pidgin Among the First to Complete Certification for Federal Reserve’s New Instant Payment Service
Digital Payments News

Pidgin Supports Live Transactions on FedNow Service, Driving Innovation in US Payment Infrastructure

Business Wire
Pidgin, a secure real-time payments platform built for the future of payments, now supports live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Pidgin is among the first service providers actively facilitating transactions for financial institutions on the service. “As a service provider of the FedNow Service,......
BNY Mellon Joins the FedNow Service, Advancing US Payment System
Digital Payments News

BNY Mellon Joins the FedNow Service, Advancing US Payment System

PR Newswire
BNY Mellon announced it is now live on the Federal Reserve’s new instant payment rail, the FedNow Service, making it one of the first banks to begin sending and receiving payments from participating institutions and support payment activity through settlement or liquidity services. FedNow will operate 24 hours a day, seven days a......
CSI Launches Instant Payments Capabilities Through the FedNow Service with Illinois-Based INB, N.A. as Early Adopter
Digital Payments News

CSI Launches Instant Payments Capabilities Through the FedNow Service with Illinois-Based INB, N.A. as Early Adopter

Business Wire
Following the company’s multi-year participation in the Fed’s pilot program, CSI has enrolled INB, N.A. in the modern payments network and encourages other financial institutions to enable real-time transactions that meet and exceed account holder expectations CSI, a leading provider of end-to-end fintech and regtech solutions, announced its instant payments......
Citcon Partners with Shoplazza to Empower E-Commerce Businesses with Expanded Payment Capabilities
E-commerce News

Citcon Partners with Shoplazza to Empower E-Commerce Businesses with Expanded Payment Capabilities

Business Wire
Citcon, a leading global payment solution provider, and Shoplazza, a cutting-edge e-commerce platform, are excited to announce a strategic partnership aimed at offering a significant advancement for e-commerce businesses. This collaboration brings together Citcon’s expertise in enabling global payments and Shoplazza’s innovative e-commerce platform, enhancing the customer shopping experience and......
XSGD Expands Multichain Ecosystem with Support on Hedera
Digital Asset Management News

XSGD Expands Multichain Ecosystem with Support on Hedera

GlobeNewswire
XSGD is the first Southeast Asian fiat-backed stablecoin to launch on Hedera’s carbon negative network StraitsX, the Southeast Asia-based digital asset payment infrastructure, announced support for the StraitsX Singapore Dollar (XSGD) on the Hedera network. Since its launch in October 2020, XSGD has gained rapid adoption, surpassing over 7 billion XSGD in......
1