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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
Revolut, a prominent fintech firm headquartered in London, is considering strategies to capitalize on customer data by potentially sharing it with advertising partners.
prepaid card, authorisation rate, banking license, financial inclusion, mobile banking
Digital investment platform Mnaara has expanded in the region of the UK to provide access to private market investments for Shariah-conscious investors.
expansion, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Emerging Markets Global Advisory LLP (EMGA) has partnered with Banco Improsa to secure a USD 15 million line of credit.
partnership, funding, investment, SME lending
UniCredit has announced it is upgrading all its debit, credit and prepaid cards to Mastercard Touch Card™, which includes features for blind and partially sighted people.
credit card, debit card, payments , online payments
Onbe, a corporate payouts platform, has announced a partnership with recycling management software company ScrapRight.
payout, digital payments, instant payments, cash management, regulation
Cloud tokenisation provider TokenEx has announced its strategy to merge with IXOPAY to enable merchants to optimise the overall use of multiple payment processors.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Rapid Finance has partnered with Galileo Financial Technologies to announce the launch of the Rapid Access Mastercard.
financial services, financial inclusion, partnership, payments , SMEs, MasterCard
US-based identity solutions provider HID has announced the launch of additional services, as well as its plans to upgrade some of its products.
identity verification, biometric authentication, verifiable credentials, product launch, product upgrade
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
Travel technology innovator Amadeus has set to deploy New Distribution Capability (NDC) technology for global online travel agency Expedia Group.
travel payments, merchants, partnership, online platform
Japan-based Hokkoku Bank has launched one of the first stablecoins in Japan backed by bank deposits.
stablecoin, web3, cashless, bank account, merchant
Qatar Islamic Bank (QIB) has rolled out the Himyan debit card, a national initiative by the Qatar Central Bank (QCB) to foster a cashless society and facilitate transactions.
debit card, digital payments, contactless payments, product launch, financial inclusion
EBA CLEARING has announced its plan to launch a new OCT cross-border service in the RT1 System, which will be available for users by November 2024.
product launch, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Intuit QuickBooks has announced the launch of its QuickBooks Line of Credit solution in order to provide small businesses with more options to access capital.
partnership, product launch, funding, banking, online banking, mobile banking, digital banking, financial services, financial institutions
EU-based payment system operator Tempo France has announced its decision to suspend classical remittance services and exclude them from its product suite.
remittances, money remittance, KYC, stablecoin, web3, DeFi
Simpl has expanded its partnership with Zomato to address the growing number of customers who are seeking a convenient and secure checkout experience.
Eric Drésin, Secretary General at ECTAA, discusses the payment challenges, trends, and regulatory frameworks impacting travel agents and tour operators.
travel payments, payments , regulation, digital wallet, PSD3, Merchant of Record, pandemic, BNPL, Open Banking, digital currency, PSD2, SCA, PCI compliance, PCI DSS, payment processing, chargebacks, digitalisation
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
Stripe has announced its partnership with Amazon in order to power payments for Just Walk Out technology in the regions of Australia and Canada.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, contactless payments