Paysafe partnered with CellPoint Digital to allow travel merchants to offer seamless payments to their customers. The integration enabled by this collaboration will allow these merchants to connect to numerous acquirers through CellPoint Digital’s payment orchestration platform, the companies said in a Friday (Nov. 15)...
For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing bank. Acquirers process the payment for merchants while issuing banks issue the card to the holder. Thredd CEO Jim McCarthy...
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service in the country, the company said in a Tuesday (Feb. 20) news release. Direct local acquiring...
J.P. Morgan Payments and Network International, a digital commerce company focused on the Middle East and Africa, have teamed up to bolster the bank’s acquiring services. The partnership will allow J.P. Morgan Payments to expand and complement its existing payment offerings in the Middle East...
December 28, 2021
Acquiring banks are under intense pressure to process transactions efficiently while detecting and preventing fraud attempts. That’s a growing challenge due to recent increases in both payments volume and fraud attacks. To manage these trends, many acquirers are using artificial intelligence (AI). A new report, AI In Focus, a PYMNTS and Brighterion collaboration based on a survey of […]
July 02, 2021
In a world of unforeseen reboots, outages, service disruptions and more, to boost payments acceptance, merchants should consider establishing relationships with a range of acquirers if and when the need...
June 24, 2020
While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. (through free market competition), on these shores the strategy of getting there...
June 17, 2020
The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for...
January 27, 2025
Canadian FinTech Nuvei has completed its acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. With this license, Nuvei can launch direct acquiring capabilities in Japan across all major card schemes and extend its direct connectivity with alternative payment methods in the country, the company […]
November 19, 2024
Paysafe partnered with CellPoint Digital to allow travel merchants to offer seamless payments to their customers. The integration enabled by this collaboration will allow these merchants to connect to numerous...
February 20, 2024
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service...
September 04, 2023
J.P. Morgan Payments and Network International, a digital commerce company focused on the Middle East and Africa, have teamed up to bolster the bank’s acquiring services. The partnership will allow...
