SumUp Facilitates Cashless Donations for the Church of England

Mobile payments company SumUp is making it easier for church congregations to donate thanks to a partnership with the Church of England. The Ireland-based company’s mobile point of sale (mPOS) technology will be available for congregations to make contributions at weddings, funerals, christenings, and other church events such as concerts. This follows a successful trial of Read more…

Ethoca’s New Integrated Solution

Ethoca, a collaboration network that aims to enhance merchant card acceptance and reduce chargebacks, launched an Integrated Solution Suite this week. Merchants who leverage the new suite of tools not only mitigate chargebacks from genuine fraud, friendly fraud, and false claims, they also facilitate increased card acceptance rates. The suite is comprised of three main Read more…

Nordic Capital Fund Acquires Majority Share of Trustly

Payment solutions innovator Trustly announced today that Nordic Capital has taken a majority stake in the company. Trustly anticipates this move will assist in its journey to become the leading global online banking payments provider. Nordic Capital will acquire Sweden-based Trustly from Bridgepoint Development Capital and other shareholders. Additional investors, including Trustly management, founders and investment company Alfvén Read more…

FLEETCOR Launches Blockchain-Based Payments Pilot with Ripple

For all the buzz around blockchain technologies, few companies have seized the moment like Ripple. And this week, the enterprise blockchain solution provider announced a new partnership with FLEETCOR Technologies. The two firms will launch a pilot program to test the viability of Ripple’s digital asset XRP to improve the efficiency of international payments. Cambridge Read more…

Kofax’s Kapow to Fuel Spotcap’s Credit Assessment Algorithm

Kofax announced this week that small business financing provider Spotcap has implemented Kofax’s Kapow Robotic Process Automation software. The Kapow software automatically aggregates, extracts, and transforms business and cash flow data into actionable information. Leveraging this information, Spotcap’s machine-learning credit models offer underwriters insight into a company’s creditworthiness. Ultimately, this helps Spotcap meet its goal of providing Read more…

Signifyd Partners with Corra to Provide Guaranteed Fraud Protection to E-commerce Merchants

Fraud prevention specialist Signifyd announced a strategic partnership with e-commerce website designer Corra that will bring guaranteed fraud prevention technology to Corra’s high-end enterprise retail customers. “Corra embraces the same deep commitment to merchants that Signifyd does,” Lee Hadsock, head of partnerships for Signifyd, said. “We believe in doing what needs to be done to Read more…

Dream Payments Speeds Up Insurance Payouts with Mastercard Partnership

Cloud-based payments platform Dream Payments is teaming up with Mastercard this week. The two payments players will leverage Mastercard Send to help insurance policyholders receive payments faster into any account. Mastercard Send, a global push payments platform, facilitates local and cross-border money delivery in near real-time. Integrating with the Dream Payments Hub will create a Read more…

Equifax Adds Entersekt’s Transakt Technology to Better Secure Online and Mobile Services

Less than a week after announcing its partnership with mobile authentication and e-commerce enablement firm, ForgeRock, Entersekt is back in the fintech headlines with news that Equifax will deploy the South African firm’s Transakt solution as an additional layer to protect Equifax’s online and mobile services. “We are excited to team up with Equifax in Read more…

Temenos Agrees to $1.96 Billion Takeover of Fidessa Group

Swiss banking software technology provider Temenos has agreed to buy its British competitor, Fidessa Group in a deal for $1.96 billion. The transaction, which is subject to conditions, approvals, and regulatory clearances, will close in the first half of 2018. Andreas Andreades, the Executive Chairman of Temenos, said that under the new agreement, the two firms Read more…