Payments Infrastructure news and trends

ExactEstate, Payabli Ink Payments Partnership
Partnerships // November 04, 2024

Property management platform ExactEstate has announced a new partnership with Payabli, a payment infrastructure platform, allowing the former to offer payment services to its users. Through Payabli’s application programming interface, ExactEstate receives greater control over its payments business, enabling property management companies to improve payment...

Mangopay Names Meta Veteran Sergi Herrero as CEO
Personnel // September 17, 2024

Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is replacing Romain Mazeries, who is stepping down as chief executive, the Paris-based company announced Tuesday (Sept. 17). “Sergi brings a...

Wise Plans to Hike Its Payment Infrastructure Investment
Cross-border Payments // June 13, 2024

Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results showing double-digit percentage increases in revenue and customer numbers. “We moved £118.5bn around the world for 12.8m customers, 29% more...

BoE Urges UK Payment Firms to Upgrade Operational Resilience
Payments As A Service // April 30, 2024

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank of England (BOE) said there is still work to be done.  In a speech Tuesday (April 30), Mills said these...

Interviews & Exclusives
The Impact of Flexible Payments Infrastructure in Accelerating Innovation

February 08, 2024
We are in the midst of a payments ecosystem renaissance.  There have never been more ways to send and receive money, and those ways available have never been more streamlined, secure, fast or convenient.  But that doesn’t mean that it is time now for payments players to rest on their laurels. Rather, the changing payments […]

Plaid Says Consumer-Centric Innovation Will Power Money Movement

October 27, 2023
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the...

Two Tiers of Payments Innovation Will Shape Industry’s Future

October 24, 2023
The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective is a lot of focus...

Why It’s Time to Sink the Sunk Cost Theory of Legacy Payments Infrastructure

March 07, 2023
Bringing enterprise IT departments to the modern age to combat legacy systems from dragging an enterprise is vital to an organization’s survival. While other departments might be able to scrape...

Quick Reads
Parafin Raises $100 Million to Grow Embedded Finance Infrastructure for Platforms

December 17, 2024
Parafin has raised $100 million in a Series C funding round to grow its embedded finance infrastructure that powers financial services for marketplaces, vertical software-as-a-service (SaaS) providers and payment platforms. The company will use the new capital to scale its existing products, ship new ones and expand into new geographies, Parafin said in a Tuesday […]

ExactEstate, Payabli Ink Payments Partnership

November 04, 2024
Property management platform ExactEstate has announced a new partnership with Payabli, a payment infrastructure platform, allowing the former to offer payment services to its users. Through Payabli’s application programming interface,...

Mangopay Names Meta Veteran Sergi Herrero as CEO

September 17, 2024
Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is replacing Romain Mazeries, who is...

Wise Plans to Hike Its Payment Infrastructure Investment

June 13, 2024
Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results showing double-digit percentage increases in...