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The fintech market is experiencing a swift transformation driven by emerging technologies like Open Finance and GenAI, as highlighted by Juniper Research. This evolution is compounded by intense competition to become customers’ preferred choice, … Continue reading 10 fintech companies to watch in 2024
59% of consumers are more concerned about becoming a victim of fraud now than they were in 2021, according to ac research released by Paysafe. Consumers across North America, Latin America and Europe are prioritising security over convenience when maki… Continue reading 62% of consumers see fraud as an inevitable risk of online shopping
Paysafe announced the appointment of Daniel Henson as non-executive chairman of its board of directors. The appointment took effect from March 1, 2022 and follows the decision of William P. Foley II to step down as chairman and as a member of its board… Continue reading Paysafe appoints Daniel Henson as Chairman
Paysafe announced two leadership appointments to its Digital Wallets team as it continues to transform the business line under new Digital Wallets CEO, Chirag Patel. Rachel McShane is appointed as the division’s Chief Financial Officer, and Megan Oxman… Continue reading Paysafe expands Digital Wallets team with two leadership appointments
Glory and Paysafe announced they have entered into a strategic partnership to further improve access to the digital economy for consumers with limited access to mainstream electronic payments. For the estimated 2 billion people globally who remain unba… Continue reading Glory partners with Paysafe to improve access to the digital economy for consumers
Paysafe announced that it has signed a definitive agreement to acquire SafetyPay for $441 million in an all-cash transaction. SafetyPay is a payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash soluti… Continue reading Paysafe acquires SafetyPay to strengthen its strategic foothold in Latin America
Paysafe announces a new multi-year, global deal which will see Microsoft support Paysafe’s strategic move to cloud-based transaction services. As part of the collaboration, Paysafe is leveraging Microsoft Azure‘s open and flexible cloud computing… Continue reading Microsoft supports Paysafe’s move to cloud-based services
Paysafe is leveraging technology from Snowflake to achieve meaningful data insights and deliver more informed and enhanced customer experiences by tapping into Artificial Intelligence (AI) and Machine Learning (ML) data models. The announcement support… Continue reading Paysafe uses Snowflake to develop new data science models for enhanced customer experiences
Paysafe, a leading specialized payments platform, has expanded its omni-channel payments offering through the launch of the Cloud SDK from Handpoint, a pioneer in defining integrated payments. Complementing the existing Handpoint APIs and SDKs used by … Continue reading Paysafe and Handpoint enable SaaS-based ISVs to capture card-present payments
Over half of consumers in the UK (53 percent) are worried that the shift to biometrics to authenticate online payments will dramatically increase the amount of identity fraud, according to new research conducted by Paysafe, a leading global payments pr… Continue reading Will biometrics replace passwords for online payment authentication?