Archive
Vantiv Completes Worldpay Acquisition, While Worldpay Taps PF for Turkey Expansion
Payments processor Worldpay is expanding into Turkey with the help of an Istanbul-based e-commerce provider, which also operates as a payment facilitator.
Read MorePayment Facilitators Thrive as India Continues its Push Toward Cashless
Indian ecommerce and e-payments payment facilitator Paytm is again adding new services while Razorpay is aiming to gain traction in the ever-growing Indian commerce marketplace. And eMarketer recently touted India as “the fastest growing proximity mobile payment market in the world.”
Read MoreDream Payments, First Data and Intuit Collaborate to Enhance the Payment Experience; Verifone and Alipay Expand Partnership: News Roundup
Dream Payments, First Data and Intuit come together to elevate the payment experience while Verifone and Alipay expand their partnership. And in other news, Visa makes signature optional at qualifying locations while TSYS completes its acquisition of Cayan.
Read MoreNY DFS Fines Western Union $60 Million for Anti-Money Laundering Violations
The New York State Department of Financial Services (DFS) has fined Western Union for failure to implement effective anti-money laundering compliance programs in-house and for failure to report suspicious activity – some of which could have facilitated human trafficking.
Read MoreKlarna Collaborates with ACI Worldwide; Wirecard Partners with Fortress GB to Launch The One Card: News Roundup
Klarna collaborates with ACI Worldwide to drive growth in the ecommerce market while Wirecard partners with Fortress GB to launch The One Card. And in other news, cashless has become the preferred payment option for Metro passengers and vending customers alike.
Read MoreMaybank Uses QR codes to Facilitate Cashless Payments; PayU Nigeria Launches PayU Receive: News Roundup
Maybank uses QR codes to facilitate cashless payments while iSalonSoftware partners with Cardstream to offer SalonPay. Go-Jek attempts to level the playing field with Uber and Grab and PayU Nigeria launches PayU Receive.
Here’s your weekly news roundup!
Read MoreStripe Expands Onboarding Options for Marketplaces
Online payments provider Stripe is expanding the use of its Express accounts to allow marketplaces to onboard businesses quickly and easily.
Read MorePayment Facilitators Drive Progress and Shopify Reports BFCM Success
In the news this week, we have two PFs that continue to revolutionize the payments ecosystem and one that claims a significant impact on this season’s holiday commerce.
Read MoreAsian Uber Rival Grab Gets Hold of e-Money License in Malaysia
Capitalizing on the growing popularity of mobile payments in Malaysia, ride-hailing company Grab has been granted a license by Bank Negara Malaysia to offer what it calls “e-money services” in that country.
Read MoreMobikwik and Paytm Target Commuters; UnionPay App Spars with Alibaba and Tencent: News Roundup
Malaysia is going mobile while Mobikwik and Paytm are targeting commuters. UnionPay spars with Alibaba and Tencent in mobile fight and HealthiPASS raised $7.2 million for expansion efforts.
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