Новости за 30.09.2021

SafetyPay, Latin America’s largest payment network, has joined forces with Betcris, the region’s biggest sport betting and iGaming company.  The two companies announced the partnership Thursday (Sept. 30), saying SafetyPay’s alternative payment methods will let players make online deposits and cash payments using banks or cash collection points.  “More regions legalizing sports betting, combined with […]

It may still be an emerging technology, but businesses worldwide have already begun to explore how to use blockchain tech and cryptocurrencies in support of payments and cross-border trade. Yet, new data shows that the uncertainty over how regulators view crypto across may keep it from gaining scale until there is more clarity. Need for […]

Global payment processing and merchant acquirer organization Payroc has announced a partnership with software platform Zuza to create a white-label version of its point-of-sale (POS) software called BloomPOS for the salon, spa and gym market, according to a Thursday (Sept. 30) press release. BloomPOS by Zuza includes online appointment scheduling with text and email appointment […]

Today in B2B payments, Alibaba introduces a new B2B services for Pakistani merchants, and Teampay makes history with its Microsoft Teams integration. Plus, Melio adds a western U.S. headquarters in Denver, and bant.io will accept cryptocurrency for lead-generation services. Melio Continues US Expansion With Denver HQ B2B platform Melio opened its western headquarters in Denver […]

Customer data platform Sensibill has launched an invoice extraction API, expanding on the receipt extraction API it unveiled last year. As Martech Series reported, this new tool offers financial services companies a new source of customer data. Sensibill says its solution lets small businesses upload paper and digital invoices quickly and seamlessly in an automated […]

Six unicorns and counting. The speed at which unicorns are emerging on the African continent is a key indication that its startup scene continues to blossom, helped by booming FinTech and eCommerce sectors and a youthful, tech-savvy population.  Read more: SoftBank Makes First Foray Into Africa With OPay Investment After payments startups Flutterwave and OPay […]

B2B platform Ofbusiness has reached a $3 billion valuation after recently closing a $200 million funding round, according to a Business Today report on Thursday (Sept. 30). Ofbusiness’ Series F fundraising effort, which was led by Tiger Global, puts the company at double its $1.5 billion valuation from July. Vasant Sridhar, co-founder and CSO of […]

In the push toward cryptocurrency regulations, a fragmented approach still reigns. Depending on where you look, there are outright bans (in China), while other nations, such as the United States, are in the midst of developing crypto frameworks. See: Stablecoins Under the Microscope as US Preps Digital Currency Framework There’s at least some prologue to […]

Western Union is teaming up with major financial institutions (FIs) in Africa to make digital cross-border money transfers and bill payments faster and easier, according to a press release on Thursday (Sept. 30). People using KCB Bank Kenya, the Diamond Trust Bank (DTB) and the Kenya Post Office Savings Bank (Postbank) can now use Western […]

Rapid grocery delivery is quickly becoming mainstream. On Tuesday (Sept. 28), Ahold Delhaize subsidiary The Giant Company, which operates more than 180 grocery stores on the East Coast, announced it is launching Giant Instant Delivery in partnership with Instacart. Through this service, consumers can order groceries, convenience store goods, and household essentials to be delivered […]

Digital asset marketplace startup Bakkt has reached a milestone of 1 billion points and miles being linked to its app by users since the company launched the app in March, according to a press release on Thursday (Sept. 30). Bakkt CEO Gavin Michael said the success of the app has affirmed the company’s approach and called this a “landmark moment” as […]

Australian global payments platform EML Payments received the go-ahead from French and U.K. financial regulators Thursday (Sept. 30) to purchase open banking company Sentenial Group  for an upfront enterprise value of 70 million euros (A$108.6 million), in addition to an earn-out component of up to 40 million euros (A$62.1 million), the company announced in a […]

The B2B payments platform VertoFX says it has raised $10 million in Series A funding to help expand the list of currencies on its platform. The London and Nigeria-based company allows small and medium-sized businesses to pay suppliers, focusing on emerging markets. As TechCrunch noted on Thursday (Sept. 30) in its report on the funding, […]

The number of new jobless claims inched up again for the third week in a row, hitting 362,000 for the week ending Sept. 25, up 11,000 over the previous week’s unrevised 351,000, according to the Thursday (Sept. 30) report from the Bureau of Labor Statistics (BLS). This week’s report is the first that fully accounts for the […]

In the latest news, artists’ financial rights organization HIFI is acquiring royalty payments FinTech The Music Fund (TMF) in a deal aimed at addressing the notion of a starving artist. Specifically, HIFI wants to leverage TMF’s artificial intelligence (AI) that powers a “smart-pricing algorithm” that gives artists and musicians a rapid upfront cash advance on a portion of their royalty […]

Legal tech platform ContractPodAi has raised $115 million in a Series C funding round led by SoftBank Vision Fund 2, according to a press release on Thursday (Sept. 30). The fresh infusion of capital will be used to grow the startup’s contract lifecycle management (CLM) platform powered by artificial intelligence (AI) and to continue international […]

Consumers grew more adventurous with their payment choices in 2020, leaving behind the predictability of paper checks and cash transactions for digital-only mobile wallets and peer-to-peer (P2P) mobile apps. Sixty-two percent of consumers have adopted at least one such payment app, according to one survey, up from the 54% who were using them the year […]

In an increasingly connected economy that’s laser-focused on profitability and rapid, digitized transactions, anything that can improve efficiency, agility and the customer experience is sure to be well received. If those digital upgrades can also pay for themselves — and even generate additional revenues along the way — all the better. In a growing number […]

Global Buy Now, Pay Later (BNPL) firm Zip is teaming up with all-in-one payments processor Adyen in a strategic partnership to widen their eCommerce reach, according to a press release emailed to PYMNTS on Thursday (Sept. 30). Zip will offer the merchants in Ayden’s network the ability to integrate BNPL at checkout. Ayden will process […]

Payments are now more digitized than ever before, with experts projecting that $6.6 trillion with be exchanged through digital channels by the end of the year, a 40% increase over the past two years. This growth is expected to continue well into the future, with the value of the digital payments market set to hit […]

Over the past 18 months, quick-service restaurants (QSRs) have seen a boom in online ordering and contactless delivery, driving growing interest in loyalty programs as well. Earning rewards on everyday purchases remains the primary reason that consumers join a restaurant loyalty program. Yet, consumers are beginning to expect additional value and engagement from their loyalty […]

With an estimated 29 million U.S. consumers having used buy now, pay later (BNPL) to complete their purchases in the last 12 months, merchants and brands are increasingly looking at the payments option as a way to connect with consumers in a manner they couldn’t do before. Zahir Khoja, general manager of North America for […]

What begins as a seismic shift gradually becomes the new normal. After all, repetition breeds familiarity. Familiarity breeds adoption, until what was once unfamiliar, or perhaps even uncomfortable, becomes second nature. That’s especially true in payments, where the pandemic has made us all shift to new payment modalities, and any number of alternative payment methods […]

Deliveroo has begun working on fast grocery deliveries, the Financial Times (FT) reported. The company has opened a “dark store” in London in partnership with supermarket chain Morrisons, according to the report. The service is called Deliveroo Hop and will compete with several other grocery delivery startups like Gorillas, Getir and Zapp, which have become […]

A U.S. senator said she thinks stablecoins should be backed by cash and might need to be issued by banks, Bloomberg reported. Wyoming Sen. Cynthia Lummis, who has become one of Capitol Hill’s biggest supporters of cryptocurrency, said stablecoins “should only be issued by depository institutions or through money-market funds or similar vehicles,” according to […]