Payments
Entris Banking Taps Bottomline to Boost Its Payment Connectivity
Bottomline announced that Entris Banking has selected its SaaS-based payment connectivity platform to provide customers with an enhanced, more flexible domestic and international payment experience. ENTRIS BANKING is a business process and technology outsourcing provider acting as a transaction bank
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Checkout.com Raises US$1 Billion Series D, Now Valued at US$40 Billion
Checkout.com, a London-based payments solutions provider, raised US$1 billion in its Series D funding round at a valuation of US$40 billion. The firm has more than doubled its valuation since its US$450 million Series C a year ago. Primary investors
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Revolut Launches as a Bank in Liechtenstein and Germany
Revolut has operationalized its Lithuania-based European specialized banking licence in 10 European markets. Customers in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, Sweden who upgrade to Revolut Bank for additional services will now have their deposits protected under
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Embedded Payments to Generate EUR 277B of Revenue in Europe Over Next 5 Years
In Europe, companies of all sizes and from all sectors are waking up to the embedded finance opportunity with most planning to the join the movement by integrating seamless payment capabilities, a new study by paytech and banking-as-a-service (BaaS) specialist
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Checkout.com Appoints Meta’s Former Exec Meron Colbeci as New CPO
Checkout.com has announced the appointment of Meron Colbeci as its Chief Product Officer. Colbeci is the former head of consumer product management at Meta’s fintech product group Novi, and was a senior product leader at SoFi and PayPal as well,
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Thoma Bravo Takes Bottomline Private in US$2.6 Billion Acquisition Deal
Software investment firm Thoma Bravo has inked a deal to acquire payment and invoice management platform Bottomline Technologies in an all-cash transaction for approximately US$2.6 billion. Under the terms of the agreement, Bottomline shareholders will receive $57.00 per share in
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SIX and BearingPoint Join Forces for Invoice-To-Payment Service in Europe
Management and technology consulting company BearingPoint and the Swiss financial market infrastructure operator SIX are partnering to develop a fully integrated invoice-to-payment service. The service will digitalise the entire value-added chain from the issue of the invoice to its payment.
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Klarna and GoCardless to Power Bank Debit Payments in the US
Global buy now pay later (BNPL) solution provider Klarna has partnered with UK-headquartered account-to-account payments solution provider GoCardless. The partnership will enable Klarna to provide bank debit payments to over 21 million US customers, a statement from Klarna said. More
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Roll Out of Digital Euro Could Transform Payments in Germany
A digital programmable euro is essential for innovative business models in Germany, according to the Frankfurt School Blockchain Centre (FSBC). The FSBC is a think tank and research centre focusing on the business implications of blockchain. It published the “The
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Yokoy Unveils Visa Business Debit Card Solution Across the EU
Swiss spend management firm Yokoy has launched a Visa business debit card to integrate automated payment transactions into a spend management solution. The Yokoy Visa Business Card is available both as a physical card and a virtual product, to companies
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