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...
ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a Latin American FinTech, to debut this solution, the companies announced in a Wednesday (July 19) news release. “Dock’s Acquiring as a Service...
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,...
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...
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 in the country, the company said in a Tuesday (Feb. 20) news release. Direct local acquiring allows businesses to accept card payments from their customers in […]
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...
July 19, 2023
ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a Latin American FinTech, to debut...
August 02, 2020
Microsoft Corp. has resumed attempts to buy the U.S. arm of TikTok — the popular but controversial Chinese video-sharing app owned by ByteDance — by Sept. 15, according to the...