Found 44 results in 1 second.
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
OTP Bank, a Hungary-based listed retail and corporate bank, has selected Iliad Solutions as its payment testing provider in a new multi-year deal.
partnership, banking, financial services, financial institutions
Fintech Alif has launched Alif Pay in a bid to expand its footprint in the UAE and extend financial services and global remittance to UAE residents.
product launch, expansion, BNPL, financial inclusion, remittance, financial services, fintech
Shariah-compliant Ajman Bank has introduced Google Pay for its debit and credit cardholders, both for Android and WearOS.
digital payments, mobile banking, financial services, online payments
Fintech company Paysera has partnered with Ria Money Transfer, a Euronet Worldwide subsidiary, to enable payment collection in cash at Ria pickup locations in 152 countries.
partnership, payments , cross-border payments, remittances, money transfer, P2P payments, financial services, cash, unbanked, online payments, FX , mobile money, fintech
Saudi Arabia-based fintech PayTabs has announced the acquisition of a 100% stake in Turkey-based social commerce platform Paymes.
acquisition, payments , online payments, ecommerce platform, marketplace, social commerce, merchants, SMEs, unified commerce, instant payments
TBC Bank’s David Kikvidze shares insights into Georgia’s fintech boom and the country’s Open Banking implementation process, as well as what to expect in the future.
Open Banking, Open Finance, banks, fintech, PSD2, regulation, API
Estonia-based identity verification provider Veriff has released a report revealing a continued increase in global fraud, with prevalent growth in recurring fraud.
report, research, online fraud, identity fraud, transaction fraud, identity verification
Maria Vinogradova of OpenWay addresses the number of instances where e-wallets can fail financial inclusion goals while also detailing how to create a successful financial inclusion offering.
mobile payments, e-wallet, financial inclusion, PCI DSS, PSP, payments infrastructure
Uzbekistan's UZCARD has suspended payments processing through Mir cards issued by Bank of Russia's National Card Payment System due to necessary technical procedures.
payment processing, financial sanctions, online payments, payment processor
Isbank and Denizbank, two Turkey-based lenders, have suspended the use of Russian payments system Mir to banks, following US crackdown.
banks, payments , Russia Ukraine War, regulation, transactions
Iran’s Ministry of Industry, Mine and Trade has approved the use of cryptocurrencies as payment methods for imports.
cryptocurrency, digital assets, central bank, cross-border payments
The Central Bank of Iran has entered negotiations to join Russia’s Mir card payment system in order to improve regional trade and bypass US sanctions.
online payments, payment processing, payments , payment processor
The Russian and Indian Governments have gotten closer to an agreement to have cards based on Russia’s Mir payment system be accepted at ATMs and POS in India.
Russia Ukraine War, financial sanctions, UPI, cross-border payments
Following the decision of Visa and Mastercard in early March 2022, followed by Chinese UnionCard, to back away from its territory, Russia has pushed the adoption of the homemade MIR cards, according to EWDN.
Russia Ukraine War, Visa, MasterCard, debit card
Eli Shoshani, Head of APAC at Bottomline, shares his predictions for the future of alternative payments networks.
Bottomline Technologies, Russia Ukraine War, financial sanctions, banks, online payments
Super app focusing on lending in MENA emerging markets, ZoodPay, has partnered with enabler of digital commerce across the region, Network International, to provide BNPL solutions for merchants in Jordan.
BNPL, ecommerce, QR payments, QR code, instalment payments, POS, cross-border ecommerce, funding, partnership
German authorities have seized USD 25 million in Bitcoin (BTC) as they shut down Hydra Market, closing the darknet marketplace.
fraud detection, Bitcoin, cryptocurrency exchange, AML, money laundering, marketplace
VEON has announced the launch of its MobileID initiative, an authentication, credentials management, and permission control system that will safeguard consumers and protect retail companies.
product launch, digital identity, online authentication, retail
Switzerland-based BNPL provider ZoodPay closed Series B funding round with USD 38 million, accelerating its expansion in Iraq.
BNPL, expansion, funding, ecommerce, cross-border ecommerce