Novopayment news and trends

BaaS Platform NovoPayment Raises $19M
Investments // April 19, 2022

NovoPayment has raised $19 million in a Series A round to scale its Banking-as-a-Serivce (BaaS) platform, the company said in a news release Tuesday (April 19). With the funding — and buoyed by a recent 40% increase in client growth — the Miami company says...

Why Banks Must Embrace End-to-End BaaS As The Invisible Engine of Innovation
Digital Banking // April 17, 2021

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe they solve a problem and embrace it, or they go somewhere else that offers those features and functions. They also don’t care about the effort required...

Creating LATAM’s Commerce ‘Digital Value Chain’
Digital Banking // February 17, 2020

Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. But among the most greenfield markets are those found in Latin America, where mobile devices may have high penetration, but traditional banking services do not....

Platforms Help FIs And FinTechs Break Down Silos
Digital Banking // February 12, 2020

In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need to break down silos. That means changing processes and legacy tech systems that stretch across decades. Easier said than done,...

Interviews & Exclusives
Creating LATAM’s Commerce ‘Digital Value Chain’

February 17, 2020
Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. But among the most greenfield markets are those found in Latin America, where mobile devices may have high penetration, but traditional banking services do not. Consider the fact that the World Bank has estimated only […]

Platforms Help FIs And FinTechs Break Down Silos

February 12, 2020
In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need to break down silos. That...

Tracing The Rise Of Multi-Issuer Mobile Wallets

January 07, 2020
Mobile wallets are on the march, so to speak, and what happens with them in their next phase of development — in 2020 and beyond — will say much about...

The Key To Open Banking? More Bank Participation

June 06, 2019
It’s not just technology that moves the world. Culture plays a huge role — as well as the sparks that often come from the tension when cultures clash. That promises...

Quick Reads
BaaS Platform NovoPayment Raises $19M

April 19, 2022
NovoPayment has raised $19 million in a Series A round to scale its Banking-as-a-Serivce (BaaS) platform, the company said in a news release Tuesday (April 19). With the funding — and buoyed by a recent 40% increase in client growth — the Miami company says plans to “continue increasing capabilities, introduce new features and functionalities, […]

NovoPayment Deploys Visa Direct For Instant Payments

August 29, 2019
NovoPayment announced that it has scaled the deployment of Visa Direct to enable instant payments, P2P and P2M payments, account-to-account payments, fast funds and mass payouts, as well as the...

NovoPayment Expands Its Developer Hub With More APIs

November 28, 2018
NovoPayment, an enabler of digital financial services, announced Wednesday (November 28) the expansion of its Developer Hub to include new partner-integrated application protocol interfaces (APIs), enterprise customer functionalities and an...

NovoPayment EVP On Mass Payouts In Latin America

August 29, 2018
Banks have evolved beyond the teller, beyond the branch, beyond the face-to-face that comes with the traditional financial services model. They have also had to evolve beyond the portal, and...