May 17, 2024
Making Sense of Embedded DeFi’s Role in Web3’s Future

The Web3 space has its sights set on transforming payments and commerce via blockchain technologies. And with the news Wednesday (May 15) that Safe has announced the integration of native...

May 17, 2024
How Compliance Is Shaping the Future of Cross-Border Payments

There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant. With new and emerging payment rails, such as instant payments, helping to transform the cross-border space, regulators...

May 17, 2024
Banco Santander and Iberpay Launch International Real-Time Payments Service

Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different currency areas Tuesday (May 14), the...

May 16, 2024
Bitcoin Payment Processor IBEX Pay to Suspend Services in US

Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any...

May 16, 2024
This Week in B2B Innovation: Globalization, Digitization and Better Payments 

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached their highest level since April 2023,...

May 16, 2024
Aeropay Raises $20 Million for Pay-by-Bank Offering

Digital payments company Aeropay has raised $20 million in new financing. The company, which specializes in pay-by-bank, announced the Series B funding in a Thursday (May 16) press release, saying it would use the financing...

May 16, 2024
Dwolla and Visa Partner on Account Verification for Pay-by-Bank

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. With this collaboration, Visa’s open banking solutions are...

May 16, 2024
Visa and SKUx Team to Promote Digital Consumer Payments

Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions — supporting a variety...

May 16, 2024
AppTech Payments Aims to Take on Venmo With InstaCash

Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning...