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American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
UK-based mobile business account ANNA has announced that it acquired Australia-based GetCape, a fintech company that functions as a business spend management platform.
SMEs, acquisition, debit card, credit card, digital payments, spend management
The European Commission has opened formal proceedings to assess whether AliExpress may have breached the Digital Services Act (DSA).
European Commission, regulation, compliance, marketplace, platform
Gabriel Lucas, Associate Director at Redbridge Debt and Treasury Advisory, examines the frontiers of innovation in B2B payments.
cross-border payments, ecommerce, merchants, B2B payments, payout, FX , SEPA, Open Banking, virtual card, instant payments, BNPL
UK-based cash deposit platform Flagstone has secured a GBP 108 million investment from Estancia Capital Partners to further accelerate its development process.
funding, investment, payments , online payments, mobile payments, digital payments, ecommerce
US-based online payments gateway service provider PayPal has launched a new solution for small and mid-sized enterprises in the UK.
SMEs, product launch, online payments, ecommerce
The Reserve Bank of India has announced its plans to launch an interoperable payment system for internet banking for faster fund settlements.
product launch, payments , digital payments, online payments, mobile payments, ecommerce, customer experience
Samee Zafar, Director at Edgar, Dunn & Company (EDC), discusses how emerging technologies and networks are redrawing the competitive boundaries of cross-border payments for businesses.
cross-border payments, ecommerce, banks, digital payments, SMEs, SEPA, PIX, crypto, digital currency
Viky Manaila, Trust Services Director at Intesi Group, offers insights into Europe’s digital identity wallet, highlighting updates and future steps.
EIDAS, digital identity, identity verification, customer experience, data sharing, data protection
Lloyds Bank has joined the WaveBL electronic trade documentation platform, to unlock new trade efficiencies and sustainability benefits for its clients by using eBLs.
banking, digital banking, digitalisation, partnership
Google has announced its plans to launch the SoundPod, its portable speaker developed to validate and announce successful payments instantly, to SMEs across India.
product launch, SMEs, POS, payments , mobile payments, UPI
US-based financial technology provider Fiserv has announced the expansion of its CheckFreePay network for in-person bill payments to NCR Atleos’ ATM network.
digital payments, cash, ATM, payments , merchant
US-based expense management platform Fyle has announced a new integration with American Express to help users issue on-demand virtual cards.
partnership, virtual card, personal finance management, payments
Germany-based payment processing provider Unzer has rolled out its mobile POS solutions in Austria and Luxembourg.
POS, mobile payments, checkout optimisation , contactless payments, real-time payments
US-based financial technology company PayPal and Venmo have announced six new improvements that aim to enhance commerce for consumers and merchants.
SMEs, product launch, product upgrade, online payments, artificial intelligence
Modular and flexible payment infrastructure provider for marketplaces and platforms Mangopay has partnered with Storfund.
partnership, payments , marketplace, fintech
Malaysia-based payment service company GHL has rolled out its digital receipts, in order to optimise the customer experience and contribute to a greener future.
product launch, payments , online payments, mobile payments, digital payments, ecommerce, green finance
Trustly has announced the completion of its SlimPay acquisition, aiming to accelerate the development of the recurring payment landscape in Europe.
acquisition, banking, online banking, mobile banking, digital banking, financial services, financial institutions, recurring payments
Digital identity verification and fraud solutions provider Socure has announced it achieved StateRAMP authorisation, enabling state and local governments to verify digital identities accurately and securely.
certification, identity verification, fraud prevention, artificial intelligence, machine learning, regtech, cybersecurity, risk management, identity fraud, synthetic identity, cloud, data protection