Financial services technology provider FIS is introducing a solution to enable central banks in more countries to update and innovate their existing real-time payments network or develop one from the ground up. FIS is also launching a central bank digital currency (CBDC) Virtual Lab, which...
Cannabis industry payments firm Aeropay has joined forces with Dispense, maker of cannabis eCommerce and dispensary management software. Integrating Aeropay’s platform with Dispense’s software solves an ongoing problem for cannabis dispensaries that operate in states that have legalized marijuana, as federal laws prevent them from...
Law practice management software maker MerusCase has released MerusPay, an all-in-one payments platform, letting customers process payments without third-party applications. “We’ve seen time and time again the tremendous impact that a native payment processor can have on the productivity and cash flow of a law...
Software-as-a-Service (SaaS) platform Shoplazza has teamed with buy now, pay later (BNPL) company Klarna to offer new payment options to more than 360,000 Shoplazza merchants. According to a Tuesday (Aug. 23) news release, the partnership gives international customers a greater diversity of payment options and...
Specialized payments platform Paysafe is expanding into Argentina alongside its eCash payment solution paysafecard, offering consumers in the country a way to pay for online purchases with cash. The company’s move into Argentina comes on the heels of its acquisitions of Latin American payments companies...
Payment digitization continues its inexorable march to dominance. Lest one is tempted to think that momentum might have slowed after the pandemic served as an explosive catalyst to the upside in the number of businesses automating manual billing processes, at least one digital platform’s latest...
Lloyds Bank has done the first transaction in the U.K. making use of a digital promissory note purchase, a press release said. Lloyds successfully debuted its pilot transaction of the digital note on Wednesday (Aug. 17). This will help boost the speed of payment and...
U.K.-based open banking payments platform Vyne announced Thursday (Aug. 18) that it has partnered with Wix, a Software-as-a-Service (SaaS) content management system. The partnership gives Wix’s U.K.-based merchants access to Vyne’s account-to-account (A2A) payments infrastructure. Merchants that have built their online stores with Wix will...
The B2B payments market is expected to reach $1.9 trillion by 2028, and for such a massive facet of the modern economy, this everyday payment process is rife with obstacles and challenges. Two friction points in particular plague accounting departments: invoice reconciliation and a lack...