Payment Service Providers stories
Merchants face higher losses and uneven compliance burdens as a new report says fraud controls are failing to keep pace with social engineering.
It could cut connector costs and simplify reconciliation for multinationals handling payments across currencies and SAP finance systems.
Payroll providers can now handle salary payments and statutory remittances through one interface in more than 70 countries.
Banks and payment providers could cut fraud losses by up to 40% as the new system flags risky merchants earlier in the payment chain.
Merchants will gain a single connection to open banking payments and fraud checks as the two fintechs combine routing data and bank identity tools.
The funding will help OpenFX expand hiring and infrastructure as it tackles slow, costly cross-border transfers for banks and fintechs.
Juniper Research’s latest study signals growing demand for payment networks that connect more rails, currencies and wallets across fragmented markets.
Rising demand for faster, cheaper international transfers has sharpened competition among payment providers serving merchants and marketplaces.
Klarna has topped 1 million merchants worldwide as it accelerates into everyday and leisure spending, led by sport, hobby and wellness.
Radial partners with Gr4vy to embed payment orchestration into its fulfilment platform, tightening links between fraud, orders and logistics.
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
RateGain and Juspay unveil RG Pay, an embedded payments layer to boost cross-border checkout performance for global travel brands.
Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.
The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.
Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.
Institutions handling cross-border stablecoin flows could cut false compliance alerts as MetaComp adds AI risk checks and an agent governance standard.
Nucleus365 will white-label Paysecure's AI-driven payments orchestration suite, adding smart routing and 500+ connections to its platform.
Token.io launches Account on File to make Pay by Bank a near one-tap checkout, cutting steps and boosting conversion for UK and EU merchants.
Monoova launches FX Hub to unite local collections, FX conversion and global settlement in one automated flow, cutting delays and complexity.