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Crowded has enabled international currency transfers for nonprofits through a partnership with Visa and Cross River.
money transfer, cross-border payments, partnership, B2B payments
Building onto our previous reporting related to the partnerships that took place in Q1 2024 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
payments , partnership, cross-border payments, remittance, Open Banking payments, e-wallet, ecommerce, digital payments, mobile payments, online payments
UK-based payment service provider TerraPay has entered a strategic collaboration with VM Money Transfer Services (VMTS) in a bid to increase financial inclusion in Jamaica.
partnership, financial inclusion, remittance, cross-border payments, online platform, online payments
Wise Platform and T2P have announced their partnership aimed at improving the efficiency and transparency of international money transfers in Thailand.
partnership, cross-border payments, money transfer, payments , fintech
US-based fintech Ouro has designated Bnext as strategic issuer in Europe for its portfolio of consumer financial brands and products.
prepaid card, financial inclusion, payment processing, digital wallet, EMI licence
Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license.
startup, fintech, regulatory sandbox, digital payments, cross-border payments
acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, fintech
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
UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
Mastercard has partnered with Canadian fintech VoPay in order to provide customers with the possibility to move money quickly and securely with Mastercard Move.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce
The Brazilian Open Finance has gained access to Smart Transfer to optimise adherence to the data-sharing system between FIs created by the Central Bank.
product launch, Open Finance, Open Banking, online banking, digital banking, mobile banking, financial services, financial institutions
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
TRM Labs has introduced Behavioural Intelligence to augment blockchain investigations with advanced transaction analysis and pattern recognition.
blockchain, data analytics, fraud prevention, cryptocurrency, data
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
dLocal has announced its partnership with payroll and payments platform Papaya Global in order to enable firms to easily handle workforce payments around the world.
Finzly, a provider of money movement systems to financial institutions, has announced the launch of Account Galaxy, a solution designed to equip banks to participate in the embedded banking sector.
embedded finance, fintech, financial services, digital banking
CAB Payments Europe has announced that it secured a payment service provider licence with De Nederlandsche Bank and established headquarters in Amsterdam.
cross-border payments, online payments, expansion, fintech, financial services
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer