PAYMENTS ON FIRE RESOURCE CENTER
Smart thinking for smart payments professionals
Payments On Fire is the industry’s leading resource center for payments professionals. Here, you’ll find the resources and thought leadership that only Glenbrook’s experienced team can provide. Curated news stories, insightful opinion papers, provocative podcasts, and more – it’s all the thinking you need to stay competitive in a dynamic payments world.
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January 22, 2025
P2P Selects Mbanq to Simplify Banking for Brazilians in the United States
Business Wire
“Mbanq, a globally leading provider of Banking-as-a-Service (BaaS) and financial technology solutions, partners with P2P, a digital financial platform dedicated to serving the Brazilian immigrant community in the United States.”
Marqeta Powers Trading 212’s Expansion into Continental Europe
Business Wire
“Marqeta’s scalable, global platform is enabling leading investing app Trading 212 to enter 20 new European markets in six months through its card program.”
January 20, 2025
Chase on Track to Retain Acquiring Crown With Annual Volume Well North of $2 Trillion
Digital Transactions
“New data from JPMorgan Chase & Co. signals the leading U.S. banking company is on track to retain its title as the nation’s largest merchant acquirer, with volume well in excess of $2.5 trillion flowing through its pipes.”
January 17, 2025
Alipay Bears Cost of System Error That Applied Discounts to User Transactions
South China Morning Post
“Alipay, China’s leading mobile payments platform, will bear the expense from unexpected losses that it incurred on Thursday, when a system error gave a 20 per cent discount to an undisclosed number of user transactions.”
January 16, 2025
Unicaja, Fiserv partner to enhance omnichannel payments in Spain
IBS Intelligence
“Unicaja, a leading bank in Spain, has partnered with Fiserv, Inc. to develop advanced payments and eCommerce solutions. Both companies will work together to create new tools that enhance the omnichannel processing of all payment methods, including POS systems, eCommerce solutions and multi-currency sales.”
January 14, 2025
Square partners with Salt Edge to offer open banking capabilities to UK-based SMEs
Salt Edge
“Square has partnered with Salt Edge, a leading open banking platform, to help streamline and simplify payment operations for sellers in the UK.”
XTransfer Officially Receives MPI License from the Monetary Authority of Singapore
PR Newswire
“XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.”
January 13, 2025
IXOPAY and Riskified Announce Partnership to Boost Fraud Prevention and Enhance Enterprise Payment Orchestration
Accesswire Newsroom
“IXOPAY, a leading enterprise payment orchestration platform, and Riskified, a leader in ecommerce fraud and risk intelligence, announced a strategic partnership to enhance payment security, reduce fraud challenges and increase payment operation resilience.”
January 9, 2025
Nium Launches Diners Club International® Card, Expanding B2B Payments Offering for Travel Industry
PR Newswire
“Nium, the leading global infrastructure for real-time cross-border payments, announced the launch of the Diners Club International® Card for its travel customers.”
January 8, 2025
New Study Finds Durbin-Marshall Credit Card Bill Could Cost U.S. Economy $227 Billion, 156K Jobs
Business Wire
“New data by leading global economic forecaster Oxford Economics Research shows that the Durbin-Marshall credit card bill introduced in 2023 could create an economic slowdown causing top U.S. destination markets to suffer substantial consumer spending and job losses, putting local economies at risk of another downturn in the wake of the COVID pandemic.”
Nuvei Enters Strategic Partnership With Gaming Innovation Group (Gig)
PR Newswire
“Nuvei Corporation has entered a new strategic partnership with GiG, a leading B2B technology provider to the iGaming industry. This collaboration enables iGaming operators to optimize their payments functionality through their existing integration with GiG’s CoreX solution.”
Payment Card Fraud Losses Approach $34 Billion
GlobeNewswire News Room
“Payment card fraud losses worldwide reached $33.83 billion in 2023, according to the Nilson Report, the leading trade publication covering the global payment card industry. This marks a small increase in fraud losses worldwide from $33.45 billion worldwide in 2022.”
January 7, 2025
Elite Acquires Tranch, a Leading B2B Payments Platform, to Transform Billing and Payment Processes for Law Firms
Business Wire
“Elite, a leading provider of financial management and business operations solutions to the world’s most successful law firms, today announced its acquisition of Tranch, a leading B2B invoice automation and payments platform offering seamless invoice management and turnkey payment options for law firms and their clients.”
January 6, 2025
Companjon Set to Offer Visa’s Issuing Clients in Europe the Opportunity to Purchase Protection From Poor Weather
GlobeNewswire News Room
“Companjon, a leading insurtech start-up specializing in end-to-end, dynamic embedded insurance solutions, is set to offer the issuing clients of Visa, the opportunity to provide their customers with purchase protection from inclement or inconvenient weather, such as extreme temperature or heavy rain.”
December 20, 2024
Central Bank of Brazil Approves PayRetailers’ Acquisition of Transfeera
Fintech Finance
“The Administrative Council for Economic Defense and the Central Bank of Brazil have officially approved the acquisition of Transfeera, a fintech specialized in payment solutions for businesses, by PayRetailers, a leading payments processor in Latin America and Africa. The transaction is part of PayRetailers’ strategy to expand its presence in Brazil, following the acquisition of […]
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