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BitPesa Restructures, Secures $15M For Expansion

PYMNTS

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier.

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Western Union Rolls Out Full API Access For International Payments

PYMNTS

Through this investment, we have enriched our API capabilities to ensure our customers receive a best-in-class experience when using our products and integrating their data,” said Scott Johnson, global head of product for Western Union Business Solutions. Domestic and cross-border payments are supported in over 130 currencies.

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Satisfaction With Anti-Fraud Systems Linked To Platform Strategy

PYMNTS

This is even more true for B2C marketplaces. It’s the users who often become the victims in stringent security measures when fraud detection is too broad. percent) but far more than for areas like foreign exchange (9.6 But what makes companies like eBay, Tableau and Netflix popular is ease and speed of use.

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Citi On Treasury’s Real-Time Reality

PYMNTS

Liquidity and cash investment plans would be made by 10 a.m. As Chakravarti told Karen Webster in a PYMNTS podcast in the “Treasurer’s Need to Know” series, there are several forces at work, impacting businesses and also the ways that treasurers and their teams manage cash, liquidity and foreign exchange. Maybe not even weekly.

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US B2B Startups Fail To Land On The Board

PYMNTS

Adding to the confusion is the latest data from KPMG International and CB Insights, which revealed that private investment in FinTech startups more than doubled last year. The biggest deals, unsurprisingly, were in the B2C finance segment. foreign exchange payments company FairFX scored nearly $7.5 This time, the U.S.

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Blockchain Makes Headway Over Legacy X-Border Rails

PYMNTS

With its newest offering designed for legal cannabis businesses , AeroPay ‘s B2C and B2B payment tools aim to help companies in this market migrate away from manual and paper-based payment methods. Oxbury Bank , which secured its full banking license in the U.K. Steamchain Lands Investment For Blockchain Tech.

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