Payment system

TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

Retrieved on:

Monday, March 11, 2024

Partnership, Payment system, Financial services

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

Key Points:

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.
Known for creating seamless, secure, and accessible cross-border transaction solutions, TerraPay aims to revolutionize the digital payments landscape in partnership with Alfardan Exchange.
In terms of the partnership's specifics, the two companies will work together to establish advanced digital cross-border remittance solutions.
This collaboration between TerraPay and Alfardan Exchange represents a shared commitment to providing cutting-edge remittance solutions and driving financial inclusion globally.

TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

Retrieved on:

Monday, March 11, 2024

Partnership, Payment system, Financial services

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

Key Points:

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.
Known for creating seamless, secure, and accessible cross-border transaction solutions, TerraPay aims to revolutionize the digital payments landscape in partnership with Alfardan Exchange.
In terms of the partnership's specifics, the two companies will work together to establish advanced digital cross-border remittance solutions.
This collaboration between TerraPay and Alfardan Exchange represents a shared commitment to providing cutting-edge remittance solutions and driving financial inclusion globally.

Linux Foundation Launches Tazama: A Revolutionary Open Source Solution for Real-Time Fraud Management

Retrieved on:

Wednesday, February 28, 2024

SAN, AML, Government, TPS, Charitable organization, Linux, Linux Foundation, BCEAO, Organization, BankservAfrica, Privacy, LF, GitHub, Bill, Payment system, Cryptocurrency

SAN FRANCISCO, Feb. 28, 2024 /PRNewswire/ -- Linux Foundation Charities (LF Charities), with support from the Bill & Melinda Gates Foundation, is proud to announce the launch of Tazama, a groundbreaking open source software solution for real-time fraud prevention. This launch marks a significant milestone in the evolution of digital financial services, introducing the first-ever open source platform dedicated to enhancing fraud management in digital payments.

Key Points:

SAN FRANCISCO, Feb. 28, 2024 /PRNewswire/ -- Linux Foundation Charities (LF Charities), with support from the Bill & Melinda Gates Foundation , is proud to announce the launch of Tazama , a groundbreaking open source software solution for real-time fraud prevention.
This launch marks a significant milestone in the evolution of digital financial services, introducing the first-ever open source platform dedicated to enhancing fraud management in digital payments.
Tazama is the first open source platform for financial monitoring and fraud detection.
The Linux Foundation will help us accomplish our goals and fully embrace the open source ethos."

ESQUIRE FINANCIAL HOLDINGS, INC. ANNOUNCES STRATEGIC FINTECH INVESTMENT IN PAYZLI

Retrieved on:

Thursday, January 11, 2024

Esquire, Bank, Partnership, ESQ, Organization, National Association, Payment system, Small business, Visa, Online shopping

JERICHO, N.Y., Jan. 11, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association (the "Bank"), today announced that it closed on its committed investment of $6 million in United Payment Systems, LLC (doing business as Payzli) representing a 24.99% ownership interest in Payzli.

Key Points:

JERICHO, N.Y., Jan. 11, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association (the "Bank"), today announced that it closed on its committed investment of $6 million in United Payment Systems, LLC (doing business as Payzli) representing a 24.99% ownership interest in Payzli.
Payzli is an end-to-end payment technology company that acts as a single source for payment services, business management software, web enablement and mobile solutions.
"Payzli has forged its reputation on a straightforward mission - empowering individuals and enterprises to achieve excellence through exceptional fintech solutions.
This strong and unique strategic partnership with Esquire, combined with our Visa-direct platform, enables Payzli to bring to market technology and products that will revolutionize the merchant and partner experience," said the Payzli Founding Team.

IrisGuard drive transparency in financial and social services in Yemen

Retrieved on:

Wednesday, December 13, 2023

Iris, Assistant Secretary for Health, MEPS, Central Bank of Yemen, Payment system, ATM, MD, Partnership, Central bank, Growth, SMS, Non-governmental organization, Economic development, Mobile phone, Cryptocurrency

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.

Key Points:

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.
Founder and MD of IrisGuard, Mr. Imad Malhas commented, "This collaboration signifies a monumental step towards enhancing the efficiency & accountability of financial transactions and humanitarian assistance distribution in Yemen.
Dr. Kamal Abdulraqeeb Al-Subaihi, Director General of Payment Systems at the Central Bank of Yemen commented "This agreement is a significant step in developing technological services in Yemen.
He stated that "It will enhance the reliability of the services provided by the company, making them more efficient, accurate and faster."

IrisGuard drive transparency in financial and social services in Yemen

Retrieved on:

Wednesday, December 13, 2023

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.

Key Points:

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.
Founder and MD of IrisGuard, Mr. Imad Malhas commented, "This collaboration signifies a monumental step towards enhancing the efficiency & accountability of financial transactions and humanitarian assistance distribution in Yemen.
Dr. Kamal Abdulraqeeb Al-Subaihi, Director General of Payment Systems at the Central Bank of Yemen commented "This agreement is a significant step in developing technological services in Yemen.
He stated that "It will enhance the reliability of the services provided by the company, making them more efficient, accurate and faster."

WBS Dubai: Crafting Tomorrow's Digital Landscape

Retrieved on:

Tuesday, November 7, 2023

The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.

Key Points:

The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.
Sharing a common vision and passion for blockchain innovation, WBS hosted the regional finale of the Startup World Cup by Pegasus Tech Ventures.
With many ingenious innovators showcasing how their vision is transforming the global digital landscape.
Taking the conversation about the transformative next-gen solutions further, Trescon is proud to announce the inaugural edition of the Digital Acceleration and Transformation Expo at Delhi on 23rd-24th November 2023.

Health Payment Systems Selects Madaket Health to Assist With Provider Data Management

Retrieved on:

Tuesday, November 7, 2023

Health Payment Systems (HPS) today announced it has selected Madaket Health to help manage its provider directory and roster requirements for No Surprises Act (NSA) compliance.

Key Points:

Health Payment Systems (HPS) today announced it has selected Madaket Health to help manage its provider directory and roster requirements for No Surprises Act (NSA) compliance.
Madaket will ingest the HPS provider rosters, validate the provider information, identify and fill provider gaps and send HPS a daily provider directory feed to support both their internal systems and their searchable member directory.
The provider data exchange helps payers streamline their operations through:
Madaket’s provider data exchange is broadly available to payers across the healthcare industry.
Organizations looking to take control of their provider data can schedule a five minute call to learn how Madaket can help improve member satisfaction at https://www.madakethealth.com/schedule-a-demo .

SentBe's Participation in 'Pathway to 17 Summit' Demonstrates Commitment to Inclusive Fintech and UN Sustainable Development Goals

Retrieved on:

Tuesday, November 7, 2023

Digital, ESG, Payment system, History, Biophysical environment, Multimedia, Environment, Business, Advocacy, Private sector, Capacity, Poverty, Sustainable Development Goal 9, Inclusive, UN, Sustainable Development Goals, Renewable energy

This summit brings together thought leaders, industry experts and practitioners dedicated to addressing complex issues aligned with achieving the Sustainable Development Goals (SDGs).

Key Points:

This summit brings together thought leaders, industry experts and practitioners dedicated to addressing complex issues aligned with achieving the Sustainable Development Goals (SDGs).
Representing South Korea as the exclusive participant, SentBe presented Hanna Yim, the leader of its Business Impact Team, as a panelist.
The session focused on 'Sustainable Payment Systems and Crisis Management,' a pivotal topic within the realm of financial inclusion.
SentBe's commitment to financial inclusion is not just a corporate mission; it's a practical contribution to global sustainability goals.

Affinity Plus Introduces Installment Payment Option for Credit Cards

Retrieved on:

Wednesday, November 1, 2023

Banking, Professional Services, Finance, Credit union, Affinity Plus Federal Credit Union, Payment system, Credit, Life insurance

Affinity Plus Federal Credit Union is now offering its members an installment-payment option on qualifying credit card purchases, giving them affordability and predictability with paying off larger purchases.

Key Points:

Affinity Plus Federal Credit Union is now offering its members an installment-payment option on qualifying credit card purchases, giving them affordability and predictability with paying off larger purchases.
This ultimately allows for predictable payments and savings on interest,” said Nic Peterson, Vice President of Payment Systems at Affinity Plus.
The new installment payment option gives Visa® Premier Select Rewards and Premier Classic cardholders 3 options to break up their eligible purchase over multiple payments.
“With terms and rates specific to the purchase, the installment payment option on qualifying purchases can keep more of our members’ money in their own pockets,” Peterson said.