Payments Processing

Stripe Reportedly Cuts Valuation for Third Time Since June 2022

Stripe Reportedly Cuts Valuation for Third Time Since June 2022
Stripe Reportedly Cuts Valuation for Third Time Since June 2022
January 12, 2023  |  News

Stripe has reportedly reduced its internal valuation by 11%, the third cut since last year. The reduction represents an implied valuation of $63 billion for...

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MercadoLibre Tests Business Payments on WhatsApp
MercadoLibre Tests Business Payments on WhatsApp
December 07, 2022  |  Payments Innovation

Latin American eCommerce platform MercadoLibre is introducing digital business messaging payments with WhatsApp. In an interview with Reuters on Wednesday (Dec. 7), the CFO of...

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Access Group Bolsters Payments Business With Pay360 Acquisition
Access Group Bolsters Payments Business With Pay360 Acquisition
December 01, 2022  |  Partnerships

The Access Group has confirmed the acquisition of Pay360 in the U.K. The group’s payment arm, Access PaySuite, has purchased Pay360 in a deal that...

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Twitter Reportedly Filed With FinCEN to Process Payments
Twitter Reportedly Filed With FinCEN to Process Payments
November 09, 2022  |  Digital Payments

Twitter has reportedly filed paperwork with the Financial Crimes Enforcement Network (FinCEN) to begin the process of registering to process payments.  The social media platform...

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Nuvei Reports 30% Growth in Payments Processing Volume
Nuvei Reports 30% Growth in Payments Processing Volume
November 03, 2022  |  Earnings

Canadian payments platform Nuvei reported better-than-expected third-quarter results Thursday (Nov. 3), with the company seeing a 30% increase in processing volume. “Results were driven by...

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Deutsche Bank Launches Vert With Fiserv in Germany
Deutsche Bank Launches Vert With Fiserv in Germany
October 12, 2022  |  Partnerships

A new payments startup is rolling out in Germany, sprung from the collaboration of multinational bank Deutsche Bank and FinTech services provider Fiserv. Called Vert,...

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Paymentus Expands Solutions for Patients, Healthcare Providers
Paymentus Expands Solutions for Patients, Healthcare Providers
October 04, 2022  |  Healthcare

Billing and payments platform Paymentus says it has expanded its solutions for healthcare providers while also offering new payment options for patients. According to a...

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PSCU Expands Partnership With ValleyStar to Provide Debit Processing
PSCU Expands Partnership With ValleyStar to Provide Debit Processing
September 20, 2022  |  Credit Unions

PSCU, the payments credit union service organization (CUSO), has expanded a partnership with ValleyStar Credit Union to provide debit processing support in addition to the...

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