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UK Finance in collaboration with law firm Addleshaw Goddard has unveiled a report focusing on Variable Recurring Payments (VRPs) within commercial contexts in the UK.
recurring payments, Variable Recurring Payments, PSP, online security
US-based Marqeta has announced its partnership with Rain in order to deliver earned wage access to customers through the use of Embedded Finance.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions, embedded finance
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
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
Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand.
acquisition, digital wallet, e-wallet, BNPL, credit scoring
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
International remittance company Viamericas Corporation has launched international bill pay in Guatemala to streamline cross-border bill payments.
remittance, product launch, expansion, cross-border payments
Grab has announced that its services will now offer the option of topping up GrabPay ewallets in cryptocurrencies powered by Triple-A.
cryptocurrency, Bitcoin, payments , digital wallet
Germany-based corporate payment company AirPlus International has partnered with Sweden-based payment platform Billhop.
partnership, payments , credit card, bank transfer
Mastercard has announced Smart Subscriptions, an Open Banking powered subscriptions management solution.
Open Banking, banks, financial institutions, payments , product launch
UK-based luxury hotel guest experience management platform Eleanor has partnered with Mangopay in order to launch a tailored payment solution for its clients.
partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce
DailyPay, a launching partner for Visa+, has announced that the new service is available to the company's users in the US.
partnership, product launch, payments , digital payments
Egypt-based digital transformation and fintech platform Fawry has partnered with PayMe to support e-payments for Egyptian expatriates.
partnership, online payments, digital payments, fintech, digitalisation
As preparations for several pan-European payment schemes ramp up, Tino Meissner, Product Manager for Request to Pay, Deutsche Bank assesses the opportunities they offer and how the remaining challenges can be overcome to deliver an Open Finance ecosystem for the future.
Open Banking, Open Finance, SEPA API Access Scheme, SEPA Payment Account Access Scheme, online payments
Zakya, the modern retail POS built specifically for small and mid-size retail businesses, has launched in India.
product launch, POS, merchant, payments , online payments
STICPAY has announced new partnerships with multiple Asian local payment providers in order to make market communities more accessible and cost-effective.
partnership, expansion, product launch, payments , online payments, mobile payments, digital payments, ecommerce
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
Nina Huelsken, Associate, Frankfurt at Payments Consulting Network, analyses the crucial role of borderless payments in today’s global economy.
cross-border payments, payments , remittance, financial inclusion, B2B payments, P2P payments, supply chain finance
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
Cross-border payment platform Verto has selected Resistant AI’s document fraud detection solution for customer onboarding and to expedite transaction processing.
digital verification, digital onboarding, fraud prevention, cross-border payments, expansion