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Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024.
funding, investment, financial services, public listing, online payments
Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
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
Synovus has launched AccelerateTM Pay, allowing commercial banking clients to initiate account payable payments using multiple payment types and reducing reliance on checks.
accounts payable, B2B payments, banking, digital payments
Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.
product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
US-based trading app Robinhood has put on hold its plan to allow margin investing to UK-based consumers until further talks with regulators, as it launches in the UK.
trading platform, regulation, lending, FX , investment
Visa, Merex Investment, and PayMate have partnered to facilitate the digitalisation of rental collections through Visa’s BPSP solution provided by PayMate.
online payments, B2B payments, retail, digitalisation, bank account
EchoPay has launched its Open Banking solutions in order to improve customer experience and reduce payment costs for foodservice wholesalers in the UK.
product launch, Open Banking, Open Finance, payments , online banking, mobile banking, digital banking, financial services, financial institutions
We had the chance to talk to Ani Sane, Co-Founder and Chief Business Officer of TerraPay, who shared insights into the most pressing challenges and the future of B2B payments.
cross-border payments, ecommerce, B2B payments, marketplace, digital wallet, fintech, banks, FX
Singapore-based payment institution FOMO Pay has partnered with Bottomline to improve the former’s compliance and cash management capabilities.
partnership, compliance, treasury, payment institution, cash management
American ride-hailing company Uber has announced its collaboration with Mastercard and Payfare, aiming to launch the Uber Pro Card in Canada.
mobile payments, payments , partnership, cashback, cash management, gig economy
US-based online payments gateway service provider PayPal has launched a new solution for small and mid-sized enterprises in the UK.
SMEs, product launch, online payments, ecommerce
National Bank of Oman has partnered with Habib Bank Limited to introduce new financial solutions and improve customer experiences.
partnership, banks, financial services, instant payments
Jennifer Lucas of EY Americas, Andy White of AusPayNet, and Ángel Nigorra of Bizum share insights into local developments and payments in the US, Australia, and Spain.
cross-border payments, ecommerce, ISO 20022, SEPA, local payment method, merchants, debit card, credit card, BNPL, account-to-account payment, mobile payments, e-wallet, cash, marketplace, CNP fraud, online security
US-based all-in-one push payments platform Checkbook has announced its collaboration with Visa, aiming to expedite disbursements to businesses, institutions, and individuals.
API, partnership, payments , online platform, online payments
The Centre for Finance, Innovation, and Technology (CFIT) has published a report detailing the benefits that Open Finance can deliver for UK consumers and businesses.
Open Finance, Open Banking, data sharing, financial inclusion, financing , lending
Mobility and urban services platform inDrive has launched inDrive Money, offering cash loans to drivers operating on its platform in Mexico.
lending, financial inclusion, product launch, credit card, expansion
Adam Vissing, VP Sales & Business Development at IXOPAY, discusses the role of payment orchestration platforms in optimising cross-border payments globally.
cross-border payments, ecommerce, merchants, PSP, Acquirer, payment methods, marketplace, unbanked, luxury goods, payments orchestration, ERP, API, customer experience
UK-based fintech company Revolut has launched its Premium and Metal plans in New Zealand in addition to a previously introduced Standard plan.
fintech, mobile banking, product launch, product upgrade