Tag : Payments Network

Digital Payments Fintech News

Klarna and Worldpay Expand Partnership to Unlock Global Merchant Network

Ancy Nadar
by Ancy Nadar0
Worldpay, one of the world’s biggest Payment Service Providers (PSPs), strengthens Klarna partnership as digital wallets are expected to grow 15% a year to 2027.  Klarna to be offered as a default payment method by Worldpay to their merchants globally, as it expands processing relationship with Worldpay. Klarna, the AI-powered......
Zilch Expands Securitisation to £150M with Investment from Major Global Credit Funds with Deutsche Bank
Digital Payments Fintech News

Zilch Expands Securitisation to £150M with Investment from Major Global Credit Funds with Deutsche Bank

Business Wire
by Business Wire0
Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN),  announces the successful expansion of its securitisation facility by an additional £50 million, bringing the total to £150 million. This latest round includes participation from two of the world’s largest credit funds, alongside lead arranger Deutsche Bank.......
Medius Embeds Paymode, New Buyers Access to Bottomline's Business Payments Network
Digital Payments Fintech News

Medius Embeds Paymode, New Buyers Access to Bottomline’s Business Payments Network

PR Newswire
by PR Newswire0
Medius, a leading provider of autonomous AP solutions, and Bottomline, a global leader in business payments, announced a strategic partnership that adds Bottomline’s business payments network, Paymode, to the Medius solution. The Medius platform is a suite of spend management applications that help modernize and accelerate invoicing and payments. It relies......
Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board
Digital Payments News

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board

Business Wire
by Business Wire0
Zilch turns profitable within just four years post-launch. CEO announces $130m (£100m) annual revenue run rate — 100% YoY growth. Mark Wilson, former CEO of Aviva and AIA and current BlackRock Board member, joins Zilch’s Board. Rapid revenue growth beats average UK and US tech industry growth by over 10......
Billtrust Teams Up with Visa to Extend Business Payments Network (BPN) Collaboration
Digital Payments News

Billtrust Teams Up with Visa to Extend Business Payments Network (BPN) Collaboration

PR Newswire
by PR Newswire0
Visa to Continue to Offer BPN to its Clients, Helping Businesses Streamline the B2B Digital Payments Process Billtrust, a B2B order-to-cash and digital payments market leader, announced that it has extended its collaboration with Visa, a world leader in digital payments, to support its Business Payments Network (BPN).  Visa will continue to......
One Inc Completes ClaimsPay Installation for Zurich North America
Digital Payments InsurTech News

One Inc Completes ClaimsPay Installation for Zurich North America

Business Wire
by Business Wire0
Zurich customers and claimants experiencing simple and efficient claims payment options One Inc, the leading payments network for the insurance industry, announced that Zurich North America has successfully implemented One Inc’s digital claims payment system for outbound claims payment capabilities. Zurich is one of the largest providers of commercial and......
TransNetwork Acquires Inswitch to Drive the Future of Banking and Cross-Border Digital Payments in Latin America
Digital Payments News

TransNetwork Acquires Inswitch to Drive the Future of Banking and Cross-Border Digital Payments in Latin America

PR Newswire
by PR Newswire0
TransNetwork, a B2B payments infrastructure platform for instant money movement in the Americas, announced the acquisition of Inswitch, a provider of embedded finance technology. This strategic acquisition combines TransNetwork’s payments network and instant money movement capabilities with Inswitch’s financial technology solutions offered via an API-based core platform. The transaction will accelerate the development......
Majority of Consumers See Circularity as a Money Saver, Says New Report From Klarna
Digital Payments News

Majority of Consumers See Circularity as a Money Saver, Says New Report From Klarna

PR Newswire
by PR Newswire0
Klarna’s 2024 Circularity Insights Report unveils surprising consumer trends and opportunities in circular economy The vast majority of consumers are aware of the financial benefits of circular practices – particularly repair and second-hand shopping – finds a new report from Klarna, the AI-powered payments network and shopping assistant. Drawing on insights from......
Nectar 360 and American Express Renew Long-Standing Co-branded Credit Card Partnership
Digital Payments News

Nectar 360 and American Express Renew Long-Standing Co-branded Credit Card Partnership

Fintech News Desk
by Fintech News Desk0
The multi-year renewal of the 18-year relationship maximises value for Nectar and American Express Cardmembers Nectar360, which owns and operates Nectar, the UK’s largest loyalty coalition programme, announces the renewal of its longstanding co-branded credit card partnership with American Express. American Express is the largest global payments network and one......
NeoCurrency Taps Gift Card Agency Vet Eric Thiegs to Accelerate Growth and Innovation
Cryptocurrency News

NeoCurrency Taps Gift Card Agency Vet Eric Thiegs to Accelerate Growth and Innovation

Business Wire
by Business Wire0
NeoCurrency, a US-based provider of digital rewards, incentives, and gift cards to companies around the world, has recently hired Eric Thiegs to become their Head of Strategy and Growth. Thiegs, a 25-year veteran of the industry, was most recently the Senior VP of Strategic Partnerships at TOTUS Gift Card Management. Thiegs will be tasked......
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