B2B Payments

Alessa chosen by payments firm Vitesse to bolster transaction security

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Does regulation pose a threat to buy now, pay later market growth?

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

Stripe eyes bolstered internet firm tax compliance through TaxJar purchase

Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

IntellectEU launches AI platform to bolster wealth management personalisation

Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

Nexi, Fiskl collaborate to bolster open banking services

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

UK Chancellor examines case for new ‘Britcoin’ digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.

US Justice Department investigates Visa over debit card practices

Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.

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