In the Western Union’s preliminary third-quarter 2022 results, the company said it will see “macroeconomic softness” for the rest of the year, spurred by global politics and other factors. Western Union expects third quarter revenue of $1.1 billion to decline 15% on a reported basis...
Payments and application programming interface (API) banking solutions company Cashfree Payments is launching a card issuance stack as part of its issuance tool to enable FinTechs and businesses to launch branded physical and virtual prepaid cards, wallets and wearables. Issuance can be used for payroll,...
The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted. Mehrotra was a former managing director of Grab Financial, and left the company earlier this year after six years at...
First Fed Bank has announced a new senior vice president and chief payments officer in Ana Liza Grandner, a press release said. Grandner has over 20 years’ experience in financial services with banks and fintechs, including being VP, Head of Fintech Banking and Head of...
Italian iGaming operator Lottomatica is re-platforming its digital services and partnering with payments technology firm Nuvei to deliver faster payouts to users. Using Nuvei’s integrated cashier technology and local acquiring solutions, Lottomatica is now offering its players a new payment experience that includes expanded deposits...
Synchrony has introduced Allegro Credit, a point-of-sale (POS) consumer financing solution for the hearing industry. The new tool, launched via the Sycle practice management platform, helps audiology providers offer financing options, such as healthcare credit cards and installment loans, according to a Thursday (Oct. 13)...
For one of the most technologically advanced industries on the planet, healthcare remains decidedly behind the digital shift in terms of payments technology. There are several contributing factors, chief among them the decade-long swing to patients bearing greater portions of healthcare payments responsibility, combined with...
Digital payment and banking technology company i2c and Bank of George are expanding the bank’s gaming payments ecosystem with a virtual and physical credit card. “Powered by i2c’s agile payments platform, the Bank of George credit card will fill a need within an underserved, yet...
Billing software firm Bill.com has rechristened itself BILL as it updates the look and feel of its brand. “BILL is rooted in our heritage,” Sarah Acton, the firm’s chief marketing officer, wrote in a blog post Tuesday (Oct. 11). “When our CEO, René Lacerte, founded...