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US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Business strategy expert, Ather Rizvi, talks about what are the main trends and developments that are shaping the UAE payments landscape.
fintech, cross-border payments, digital identity, digital onboarding, startup, regulatory sandbox
Real-time payments platform Volt has announced that it introduced its PayTo-based payment solution to its retail customers in Australia.
financial services, real-time payments, instant payments, fraud management, payment methods, payment fraud
US-based fintech PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations to enable Pay-by-Palm for cardholders.
payment methods, digital wallet, contactless payments, credit card, financial institutions
GoCardless has announced an integration with Intuit QuickBooks’ financial management software for users in Australia.
partnership, payments , SMEs, financial services, credit card, debit card
UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million.
investment, funding, financial services, financing , customer experience, expansion
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.
card scheme, financial inclusion, cybersecurity, digital payments
Ferry has launched a payroll card and instant tip payment solution for BJ's Restaurants, a new card program leveragingHighnote as its issuer processor.
payout, partnership, payments , POS, embedded finance
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
Onbe, a corporate payouts platform, has announced a partnership with recycling management software company ScrapRight.
payout, digital payments, instant payments, cash management, regulation
Aurora Payments has introduced the ARISE Payment Platform, a cloud-based, payment-agnostic payment system designed for SMBs.
payments , SMEs, product launch, merchant
Mastercard has partnered with Canadian fintech VoPay in order to provide customers with the possibility to move money quickly and securely with Mastercard Move.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce
US-based Paystand has augmented ERP efficiency with seamless integration into Dynamics 365, offering fee-less B2B payments and automation for finance departments.
ERP, reconciliation, B2B payments, digitalisation, fintech
1inch has launched a Web3 debit card in collaboration with Mastercard and Crypto Life.
Web 3.0, debit card, cryptocurrency, partnership
Canada-based fintech company Nuvei has launched new Invoice Financing services integrated into enterprise resource planning (ERP) platforms.
financial services, e-invoicing, product launch, fintech
American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
Empower Finance, a player in alternative credit underwriting has announced the definitive agreement to acquire Petal and the completion of its acquisition of Cashalo.
acquisition, partnership, financial inclusion, fintech
UK-based Post Office has enabled cash deposits for digital bank Monzo’s customers across all of the former’s facilities in the UK.
cash, banking, partnership, financial services, digital banking
Nubank Ultravioleta, a tailored experience for high-income Nubank clients, has revealed its venture into the travel domain with the preliminary release of its Global Account.
financial services, fintech, travel payments, digital currency