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Germany-based identity verification platform IDnow has launched a new version of its expert-led video verification service.
product upgrade, identity verification, artificial intelligence, fraud prevention
Sweden-based fintech 6G Digital has bought a 25% stake in Singapore-based fintech FlexM Global for USD 12.5 million to augment the banking and money transfer landscape.
fintech, acquisition, money transfer, financial inclusion, banking
US-based paytech ConnexPay has rolled out ConnexPay Flex, a variable-rate virtual card with over 30 dynamic rates that facilitates supplier spend.
digital payments, product launch, virtual card, B2B payments, paytech
The Paypers looked into the most relevant investments that were announced during Q3 2023 and discovered an overall preference for digital banking, fintech solutions, lending, and fraud prevention strategies.
investment, funding, expansion, payments , banks, ecommerce, The Paypers Quarterly Analysis series
Philip McHugh, Executive Director at FlexCharge, shares his thoughts on the importance of a customised checkout process providing customers with multiple payment methods to choose from.
payment methods, local payment method, payments , ecommerce, BNPL, merchants, marketplace, digital wallet, real-time payments, tokenization, chargebacks, checkout optimisation , growth markets
Financial super app Curve, which consolidates debit and credit cards into one card and app, has announced the launch of a card in the UK that offers Section 75 protection.
product launch, credit card, financial services, fintech, banking, super app, paytech, cybersecurity
Philippine-based digital bank Tonik has partnered with life insurance company Sun Life Grepa Financial to roll out insurance for the former’s customers.
insurance, partnership, lending, product launch, instalment payments
Australia-based bank Westpac has launched a cloud merchant terminal app developed in partnership with payments fintech mx51 to support retail and hospitality businesses.
product launch, partnership, paytech, eftpos, Android, SoftPOS, payments , retail, merchants, payment processing
UK-based super app Curve has announced the raise of GBP 58 million in funding round, to optimise its customer experience and expand its offerings and partnerships.
funding, investment, mobile banking, online banking, digital banking, financial services, financial institutions
US-based Flex has announced the raise of USD 120 million in equity and debt funding round, for launching its finance super app for business owners.
funding, investment, credit card, mobile banking, online banking, digital banking, financial services, financial institutions
Customer engagement platform Twilio has announced that it is set to enable companies to create personalised, customer-aware experiences powered by OpenAI.
partnership, ecommerce, fintech, customer experience, data, LLM, ChatGPT, merchants, generative AI, data analytics
Daniel Kornitzer, Advisory Board Member at FlexCharge, discusses the challenges payment managers face and presents FlexCharge's solution and upcoming developments.
payments , digital wallet, artificial intelligence, Acquirer, risk management, merchants, embedded payments, payment gateway
UK-based Custom Credit has announced it will be rolling out Ordo’s Request to Pay and ecommerce services across all areas of its business allowing for Open Banking payments.
Open Banking, real-time payments, recurring payments, bank transfer
Banking group Citi has announced that its elligible credit card members can now pay over-time with Citi Flex Pay when using Amazon Pay.
BNPL, marketplace, credit card, instalment payments
Marqeta, the global modern card issuing platform, has announced today that it has been selected by WorkWhile to power accelerated wage access to its workers.
partnership, instant payments, debit card, tokenization, digital wallet
Wilco Slabberkoorn, Head of Commercial, Europe at Checkout.com, explains why marketplaces need to reach a new level of seller experience and how they can unlock growth.
cross-border payments, ecommerce, marketplace, merchants
The Paypers analysed significant investments in the fintech industry for Q4 2022, which saw a surge in funding that surpassed pre-pandemic levels despite a global decrease from 2021. Funding rounds indicate a preference for paytech, super apps for ecommerce, and digital lending.
Open Banking, Open Finance, embedded finance, online payments, lending, cryptocurrency, investment, The Paypers Quarterly Analysis series
The dynamics of the digital economy are changing. Marketplaces’ success hinges upon providing the optimum payment experience for both buyers and sellers. Yael Barak, VP of Product at Checkout.com, shares her take on digital payments in the new world of marketplaces.
marketplace, online payments, ecommerce, digital payments, online shopping, online platform, payment methods, local payment method, BNPL, instalment payments, digital wallet, e-wallet, gig economy, cash, cash flow, payout, real-time payments, FX , digital onboarding, Virtual IBAN
Credit Suisse has entered a strategic partnership with Switzerland-based digital asset infrastructure provider Taurus.
partnership, funding, blockchain, digital assets
Augustin Testu, Senior Product Manager at Checkout.com, discusses the main actions merchants can take to maximise their profits while minimising fraud and favouring sales against declining payments.
fraud prevention, merchants, customer experience, fraud detection, online payments