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US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.
funding, spend management, investment, risk management, payments
Frédéric Viard, Head of Commercial Product Management for Financial Messaging at Bottomline, provides insights into the ongoing ISO 20022 migration, emphasising the importance of readiness, collaboration, and addressing barriers for successful implementation.
ISO 20022, financial institutions, cross-border payments
Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
The Canadian government has revealed its plans to introduce a legislation to establish the foundational elements of an Open Banking Framework.
Open Banking, regulation, financial services, data sharing
Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.
merchants, POS, funding, SMEs, expansion
Paola Cristina Nunez Ameri, CRCO and AMLCO, at Citibank Europe: ‘Artificial Intelligence has arrived, our job is to implement it ethically and responsibly.’
compliance, artificial intelligence, banks, AML, KYC, transaction monitoring, risk management
Ray Shinzawa, Managing Director at JCB International (Europe), discusses how merchants can adopt technological advances to offer frictionless payments and address security concerns.
payments , credit card, merchants, digitalisation, contactless payments, mobile payments, e-wallet, digital wallet, tokenization, biometric authentication, 3-D Secure, compliance, customer experience
Authorities in Norway have revealed their intention to introduce a new data centre law aimed at regulating operations within these facilities.
cryptocurrency, regulation, mining, digital assets
JET, in collaboration with PACE Telematics, has expanded its mobile payment services across its entire network of over 680 stations in Germany.
mobile payments, digitalisation, partnership, customer experience
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
product launch, BNPL, credit card, payment methods, expansion
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
The EBA, EIOPA and ECB have established a common governance framework to collaborate on the DPM 2.0 Standard.
partnership, regulation, online security, compliance
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
Payment solutions provider CIP has announced a strategic partnership with Paynt to expand the former’s payment product portfolio.
partnership, financial services, payments , SMEs
Mastercard has partnered with pan-African payments provider Onafriq to provide payment solutions to consumers and SMEs in Africa.
partnership, payments , SMEs, cross-border payments
The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem.
payments aggegator license, KYC, fraud management, fraud prevention, POS
Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation phase with eleven of its members.
digital payments, online banking, digital banking, fraud management, fraud prevention, tokenization
Brazil-based financial services platform Nubank has announced its plans to go beyond providing banking services and launch its own mobile phone operator company.
mobile banking, online banking, mobile payments, fintech
German federal bank Landesbank Baden-Württemberg (LBBW) has set to offer crypto custody services through a partnership with Austria-based exchange platform Bitpanda.
cryptocurrency, Bitcoin, Ethereum, digital assets, cryptocurrency exchange
Worldline, a global provider of payment services, has announced a partnership with RiskQuest, a Netherlands-based risk consultancy firm and part of the Zanders Group.
partnership, Open Banking, SMEs, API, banks