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Global payment orchestration platform Yuno has announced that it secured USD 25 million from a consortium of investors, aiming to leverage it to advance operations.
funding, investment, expansion, online payments, payments
Single.id, a service operated by Enigmatic Smile, has announced its intention to address rewards payment issues for retailers by offering a consolidated End User Identity.
retail, online payments, payments , partnership, financial inclusion
India-based fintech Razorpay has announced the acquisition of BillMe, a digital invoicing and customer engagement startup.
e-invoicing, acquisition, fintech, banking, omnichannel payments solution
WeChat, China’s major social networking and payment app, has added the country’s central bank digital currency (CBDC) to its payment services, according to reports in local media.
CBDC, central bank, digital currency, digital assets
The Paypers dives back in the basics, explaining what the layer 1 network is, how this differentiates from layer 2, and why we need blockchain bridges to help them communicate.
blockchain, cryptocurrency, payments , payment methods, cross-border payments, SWIFT, banks, real-time payments, Bitcoin, DLT
Kell Jay Lim, Head of GrabFin, the fintech arm of Grab Financial Group, elaborates on the flourishing of super apps and on-demand payment apps in Southeast Asia.
payment methods, super app, BNPL, merchants, instalment payments, digitalisation, digital payments, on-demand apps
Western Union has expanded to Latin America through Te Enviei’s acquisition – a Brazil-based digital wallet that widens its financial ecosystem offerings.
expansion, e-wallet, acquisition, financial services, digital banking
Global money transfer platform Western Union has announced a new agreement with South American ecommerce giant MercadoLibre to allow digital remittances to Mexico.
partnership, ecommerce, ecommerce platform, remittance, money remittance, money transfer, e-money, bank account
Global fintech platform Adyen has announced the expansion of its mobile app partnership with fast food chain McDonald’s to the US.
partnership, expansion, retail, online payments, mobile payments, payments , payment methods, mobile money
India-based digital payments provider Pine Labs has announced it prepares for a US listing and seeks to raise USD 500 million to reach USD 7 billion valuation.
Pine Labs, online payments, IPO, ecommerce, payment gateway
Technology-first payments platform dLocal has partnered with independent McDonald's franchisee Arcos Dorados to power its payments capabilities in Uruguay.
partnership, dLocal, mobile payments
Southeast-Asian tech company Grab and McDonald’s Singapore have announced new features for their partnership, in addition to food delivery.
partnership, GrabPay, digital wallet, delivery, e-wallet
account-to-account payment, bank transfer, ACH, FedNow, ecommerce, Open Banking
Phillippines-based payments platform PayMaya has updated its mobile shopping offers under its PayMaya Mall feature to include the 350 trusted brands in food, groceries, beauty, fashion, and more.
product upgrade, ecommerce, marketplace, mobile payments
Sift, partnership, McDonald’s, fraud prevention, machine learning, mobile payments
UiPath, RPA, startup, investment, Robotic Process Automation, supply chain finance
Harro Boven, Policy Advisor at the Dutch Central Bank: ‘The introduction of CBDC would involve a structural reform of the monetary system’
central bank digital currency, CBDCs, COVID-19, digitalisation, cenytral banks, crypto, cash decline, bank account, financial stability, Harro Boven, DNB
Starbucks SBUX, McDonald’s, and Subway chains in China have been named on the People’s Bank of China’s list of companies that will test the national digital currency soon, according to Forbes.
Starbucks SBUX, McDonald’s, SUBWAY, digital currency, China, smartphone, bank account, digital payments
Adyen, payments platform, mobile app, payment methods
Tencent has announced opening a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission approved a new license.
Tencent, Hong Kong, blockchain, Hong Kong Securities and Futures Commission, Commerce Bank of China, ICBC, SFC, virtual bank, digital bank, online banking, banking license