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Industry news

Cardstream Group releases white label PayFac-as-a-Service

The PayFac space is a “rapidly growing billion-dollar marketplace”, according to Cardstream chief executive officer Adam Sharpe.

BNP Paribas selects Worldline to reduce IBAN fraud in SEPA direct debits

Worldline’s solution combines the electronic signature of SEPA mandates with Open Banking-based account validation.

Visa and EQ Bank join Canadian Prepaid Providers Organization board

It is the first time Visa Canada has had a representative on the board of the CPPO.

NatWest’s Mike Elliff says ‘further education’ on Open Banking payments needed among merchants

Meanwhile, Stephen Wright of NatWest’s Bank of APIs warns that UK is “at risk of stalling” following completion of Open Banking Roadmap.

Tarabut Gateway hires Chun Ong as COO

The appointment bolsters the Open Banking platform’s leadership team as it eyes further expansion.

TerraPay closes Series B round having secured $100m in equity and debt financing

The global payments infrastructure company has plans to expand its existing payout network to 150 countries by 2024.

Railsr hires new CEO as part of trio of executive appointments

Philippe Morel has been appointed chief executive officer to “rebuild momentum, drive change and return Railsr to growth”.

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