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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
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
Join Ikano Bank, Dr. Smile, and Jifiti, as they share how leading banks and merchants are cultivating ‘happily-ever-after,’ mutually beneficial relationships through customised POS financing programmes.
BNPL, lending
US-based expense splitting software Splitwise has entered a collaboration with Tink in a bid to provide the latter’s Pay by Bank service to its users.
partner, partnership, mobile banking, online banking, payments , account-to-account payment, Open Banking
Apple has announced that its offer to open up a tap-and-go tech mobile payments system is to be approved by EU antitrust regulators in May 2024.
compliance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Australia-based fintech Waave has introduced ‘Wallet’ to house its Pay by Bank product, a real-time account-to-account payment method with biometric security access.
Open Banking, account-to-account payment, biometrics, payment methods, fraud prevention
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
We sat down with Tracy Kobeda Brown, VP of Programs and Technology with the MRC, to learn more about the insights and implications of the 2024 survey – and how payments and fraud leaders can be prepared to meet the challenges and opportunities that lie ahead.
ecommerce, ecommerce platform, online payments, payments , BNPL, local payment method, fraud detection, online fraud, fraud prevention, identity fraud, payment fraud, account takeover, phishing, bot attacks, artificial intelligence, generative AI, machine learning, refund, refund fraud
UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.
SMEs, cash flow, B2B payments, funding, trade finance
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
Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
Network International has partnered with fintech Souhoola to equip merchants with Buy Now, Pay Later (BNPL) capability on the networkpay POSs in Egypt.
BNPL, merchants, financial inclusion, POS, instalment payments
Visa has announced the launch of its Visa+ solution on Venmo and PayPal in order to provide US-based customers with optimised cross border payments.
product launch, payments , online payments, mobile payments, digital payments, ecommerce, cross-border ecommerce, cross-border payments
Microsoft-backed data security software vendor, Rubrik, has announced its intention to list its shares in a US initial public offering (IPO), riding on the wave of companies turning to capital markets after two years of slowing down.
IPO, stock, public listing, fintech, investment, cloud, cloud services, data protection, data privacy, ransomware, cybersecurity
PayPoint has announced its inclusion as a supplier on the Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.
payments , Open Banking, fintech, expansion
US-based Emporia State Federal Credit Union has launched its updated online and mobile banking app powered by Bankjoy, a digital banking provider.
mobile banking, online banking, artificial intelligence, product launch, financial services
Federal Bank has launched its Flash Pay tool in partnership with NPCI, to provide India-based clients with contactless payments at NCMC-enabled metro stations.
partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce
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
UK-based Lloyds Bank has entered a partnership with British payments company PayPoint Group to become its main card acquiring partner.
partnership, credit card, debit card, banking, financial services
Chubb has announced its partnership with digital financial services platform Atome in order to drive customer protection across the region of Southeast Asia.
partnership, product launch, mobile banking, online banking, digital banking, banks, financial services, financial institutions, financial inclusion