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Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
Google Wallet has set to launch in India, separate from Google Pay.
digital wallet, mobile payments, product launch, digital payments, loyalty programme
Driivz, a company under Vontier and part of its EVolve e-mobility portfolio, has announced its integration with payment terminal and payments solution, Payter.
partnership, regulation, compliance, payment methods, customer experience
US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.
product launch, ACH, online banking
Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.
mobile payments, digital wallet, QR code, cross-border payments, e-wallet
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
US-based payment technology corporation Mastercard has announced additional credit card benefits to improve health, travel, and lifestyle rewards for consumers and SMEs.
product launch, debit card, credit card, SMEs, partnership
US-based payment technology corporation Mastercard has planned to increase fees for credit and debit card transactions by nearly USD 250 million.
digital payments, interchange fee, credit card, debit card, merchant, ecommerce
International remittance company Viamericas Corporation has launched international bill pay in Guatemala to streamline cross-border bill payments.
remittance, product launch, expansion, cross-border payments
Nuvei Corporation has announced a definitive arrangement agreement to be taken private by Advent International via an all-cash transaction.
acquisition, payments , fintech, investment
Sri Lanka-based Commercial Bank of Ceylon, ComBank, has recently announced a new partnership with the International Finance Corporation (IFC), to develop a supply chain financing (SCF) strategy that will help the bank to lend more to local SMEs.
lending, SMEs, SME lending, partnership, banks, financial services, financial institutions, financial inclusion, cross-border logistics, supply chain finance, funding
FinCEN has announced its decision to issue an RFI related to the requirements for banks under the CIP Rule to collect a TIN from a client before opening an account.
regulation, fraud management, fraud detection, online fraud, fraud prevention, AML, financial crime, cybercrime
US-based payment technology corporation Mastercard has announced its collaboration with Singapore Airlines (SIA), aiming to improve the travel experience across Southeast Asia.
partnership, online platform, online payments, digital payments, travel payments
Mashreq has partnered with NPCI International Payments in order to integrate PhonePe with NEOPAY and improve financial connectivity between the UAE and India.
partnership, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
UK-based digital bank Monzo has signed up for 159, the phone service that connects individuals with their bank when they receive a suspect call on financial matters.
fraud management, fraud prevention, online banking, digital banking, online security
US-based payment technology corporation Mastercard has entered a collaboration with Worldpay aiming to improve the transaction experience by reducing payment fraud.
partnership, merchants, chargebacks, fraud prevention, ecommerce
Global fintech company Unlimit has announced its partnership with Xiaomi in order to provide GetApps customers with access to PIX and simplify the payment processes.
partnership, expansion, product upgrade, payments , online payments, mobile payments, digital payments, ecommerce
US-based payment technology corporation Mastercard has released a whitepaper on the current status of cross-border payments in Latin America.
online payments, cross-border payments, remittance, money remittance, digital payments, digitalisation, financial inclusion
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
US-based insurtech Buddy has teamed up with Stripe to launch new ecommerce capabilities designed for the insurance industry.
partnership, ecommerce, insurance, insurtech, payment processing