Breaking News
International Payments Leader, APEXX Global, Enters U.S. Market
APEXX Global, the multi-award-winning global payments platform, announced their entrance and introduction of their industry-leading payments orchestration and processing platform to the U.S. marketplace. Today, the company forecasts to be processing roughly $20 billion with some of the biggest ecommerce brands, by the end of 2021.
As the Buy Now Pay Later (BNPL) market heats up in the U.S., APEXX Global is stepping in to help new and existing payment services providers meet growing demand. As a first-of-its-kind platform in the global payments marketplace, APEXX Global accelerates the average time to market by 90% and increases trading volumes by as much as 20%.
APEXX Global has become a staple in European markets, with over 120 integrated partners, and multiple enterprise clients including ASOS, eShopWorld, XE.com, Swoon, AirSeychelles and many more. APEXX Global currently operates across more than 70 countries saving users an average of 15% on processing costs.
“Payment service providers (PSPs) are struggling with the speed of change and offering their customers the solutions they want in the markets they serve – especially among those in the BNPL industry,” said Rodney Bain, Co-founder and CSO at APEXX Global. “At APEXX Global, we’re confident in our ability to aid the US’s fragmented and rapidly-growing demand for cutting edge payments solutions through our single-stop platform of leading payments providers.”
Core to this entrance into the U.S. market is the growing popularity of BNPL options and providers. The BNPL industry has modernized flexible payment options, allowing consumers to create installments on individual transactions and is set to reach $680 billion in transaction volume worldwide by 2025. APEXX Global’s payment orchestration platform boasts an integrated BNPL solution with more than 14 BNPL providers. This allows merchants and PSPs to access multiple BNPL providers across more than 40 markets through a single consolidated API.
“The global B2C e-commerce market is set to reach $6.54 trillion by 2023, and online shopping is one of the most popular online activities in the nation, but poor checkout experiences means e-commerce businesses risk losing billions in potential revenue at the point of sale due to outdated and cumbersome legacy systems and processes,” continued Bain. “As U.S. consumers continue their adoption of BNPL, APEXX Global’s unique API and orchestration platform are one of the only systems that can handle the coming wave.”
Merchants and payment services providers interested in APEXX Global can find additional information at https://apexx.global/.
People In This Post
Companies In This Post
- EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’ Read more
- CBI Drives Verification of Payee Compliance in Italy Read more
- Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers Read more
- Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil Read more
- EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ Read more
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A.
$1,700 Lost per Australian to Fraud in 2025 Amid AI Advances and Peak Season Risks, According to Adyen
Adyen, the global financial technology platform, revealed that fraud losses in Australia are on the rise, set to intensify as the peak shopping season approaches.
European Central Bank Concludes a Framework Agreement with Feedzai to Detect and Prevent Fraud for Forthcoming Digital Euro
The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai, the world’s leading RiskOps platform for financial crime prevention, as the first-ranked tenderer, to provide the central fraud detection and prevention mechanism for the digital euro (link to contract award notice and announcement on ECB’s website).
Diebold Nixdorf’s Brian Gallipeau Recognized as Future of Field Service Stand Out 50 Leader for 2025
Diebold Nixdorf (NYSE: DBD), a global leader in transforming the way people bank and shop, today announced that Brian Gallipeau, senior vice president, Service Americas, has been named to the Future of Field Service Stand Out 50 Leaders list for 2025. The award recognizes leaders from around the globe who drive innovation, operational excellence and meaningful impact in field service organizations.
Public Launches Fully Customizable Direct Indexing
Public, the platform for long-term investing, announces that members can now build their own direct index from a wide range of foundational indices. Direct indexing is a strategy where, instead of investing in a derivative of the index, such as an ETF, investors own each stock in the index directly, enabling automated tax strategies and personalization of the index. Members can access over 100 different indices from Solactive and S&P® to directly own and customize their holdings to their liking, as well as optimize for tax savings through tax-loss harvesting.
Fuse Breaks Dollar Clearing Bottleneck with USD Virtual Accounts for Emerging Markets
Fuse has launched its USD virtual accounts, giving organisations fast and reliable access to emerging markets. Since launch, transaction volumes have grown by more than 100 percent month over month, already more than doubling its AED business.
Hanscom Federal Credit Union and Alkami Forge Strategic Partnership to Power a Differentiated Mobile Banking Experience
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU's proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness. As part of the collaboration, HFCU will also adopt Alkami's Online Banking Platform to help ensure a seamless and secure experience across digital channels.
EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
CBI Drives Verification of Payee Compliance in Italy
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers
Lastro, a Brazilian artificial intelligence proptech, announced a Series A round of $15 million led by Prosus Ventures, a global tech operator and investor and major shareholder in iFood and OLX. FJ Labs and Endeavor Scale-Up Ventures also participated in the round, along with existing investors Canary, QED and 1Sharpe Ventures.
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A.
EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
APIs Driving Embedded Finance Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FinScan’s AML Software Solutions Integrate with LSEG World-Check On Demand
FinScan®, an Innovative Systems solution and leading provider of advanced anti-money laundering (AML) compliance solutions, today announced integration with and support for LSEG World-Check On Demand. FinScan is one of the first LSEG partners to announce support of the solution.