PayJunction

PayJunction Appoints Scott Herriman as Vice President of Engineering

Herriman will accelerate the company’s mission to empower businesses through quick, easy-to-implement payment solutions Press Release – November 14, 2024 – SANTA BARBARA, Calif. – PayJunction, a leading tech-focused payments company, announced today that it has appointed Scott Herriman as Vice President of Engineering. This appointment strengthens PayJunction’s executive leadership as the company continues to rapidly grow and innovate its product capabilities. “This is a … Continue reading PayJunction Appoints Scott Herriman as Vice President of Engineering

Trolley

Trolley Secures $23 Million USD Series B to Accelerate Global Payout Platform Expansion

Funding led by Wavecrest Growth Partners, with participation from Pace Capital, to enhance Trolley’s payout and compliance solutions for businesses worldwide. Press Release – November 13, 2024 – TORONTO – Trolley, a leading global payouts platform, today announced it has raised $23 million USD in a Series B growth equity funding round led by Wavecrest Growth Partners, with participation from existing investor Pace Capital. “What … Continue reading Trolley Secures $23 Million USD Series B to Accelerate Global Payout Platform Expansion

Mastercard

Mastercard launches new gen AI digital assistant capabilities to enhance customer value

Press Release – October 29, 2024 As the rate of technology innovation accelerates, automating business processes using AI is a critical requirement. To meet the expectations of both customers and employees, Mastercard today expanded a suite of AI solutions with a new program to build and deploy knowledge agent tools.  The first application launched under this effort is a digital assistant designed to simplify the … Continue reading Mastercard launches new gen AI digital assistant capabilities to enhance customer value

Visa Inc

Visa’s Growth Corporates Working Capital Index Reveals 300% Increase in Working Capital Efficiency

October 20, 2024 Top performing growth corporates surveyed saved an average of $11 million, with virtual card usage jumping 32% SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced the findings from its second annual global Growth Corporates Working Capital Index. The findings revealed an astounding increase in working capital usage and efficiency, with an 81% adoption rate of at least one working … Continue reading Visa’s Growth Corporates Working Capital Index Reveals 300% Increase in Working Capital Efficiency

infineon

Infineon launches SECORA™ Pay Green – the world’s first contactless payment card technology allowing for up to 100% reduction in plastic waste

Oct 16, 2024 | Business & Financial Press SECORA™ Pay Green paves the way for a more environmentally responsible future in the payment industry The eco-friendly Coil-on-Module (eCoM) package allows the use of recyclable materials and a recycling share of card bodies of up to 100% while reducing CO 2 in raw material sourcing and logistics by more than 60% Infineon is collaborating with major card manufacturers and payment schemes worldwide … Continue reading Infineon launches SECORA™ Pay Green – the world’s first contactless payment card technology allowing for up to 100% reduction in plastic waste

Citi and Mastercard

Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Citi is the first global bank to enable cross-border payments to Mastercard debit cards October 10, 2024 – NEW YORK – Today, Citi (NYSE: C) and Mastercard (NYSE: MA) announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value … Continue reading Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Ripple

Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Ripple’s enhanced end-to-end payments solution is now available in first Latin America market SÃO PAULO – Ripple, the leading provider of digital asset infrastructure, today announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which enables businesses to easily leverage blockchain for faster, cheaper, more efficient cross-border payments … Continue reading Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Mastercard and Amazon Payment Services

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

DUBAI, United Arab Emirates – Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. “We are proud to partner with Amazon Payment Services to scale payment acceptance and accelerate digitization of payments with innovation solutions” Post this As part … Continue reading Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa