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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
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Fintech specialist Tranglo has expanded its cross-border payment network, allowing instant and direct transfers to over 30 e-wallets.
cross-border payments, e-wallet, remittances, financial inclusion
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
Andréa Toucinho from Partelya Consulting delves into the interoperability agreement among major European mobile payment solutions.
mobile payments, interoperability
Global financial technology company MoneyGram has entered a collaboration with Tencent Financial Technology in a bid to enable digital remittances in China.
partnership, online payments, ecommerce, financial inclusion, financial services, cross-border payments
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
Visa has announced the launch of its Visa+ solution on Venmo and PayPal in order to provide US-based customers with optimised cross border payments.
product launch, payments , online payments, mobile payments, digital payments, ecommerce, cross-border ecommerce, cross-border payments
UK-based digital payment and financial services provider Ant International has partnered with Capital A Berhad.
partnership, payments , financial services, digital payments
US-based Worldwide Asset Exchange (WAX) has partnered with Amazon Web Services (AWS) to integrate the WAX network into the Amazon Managed Blockchain (AMB) service.
web3, blockchain, ecommerce, digital assets, NFT
Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.
cross-border payments, partnership, fintech, financial services
Global payment network provider company GLN International has signed a memorandum of understanding with Nepal-based Fonepay.
partnership, cross-border payments, mobile payments, QR payments
Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa.
product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Singapore-based cross-border payments company Thunes has announced the expansion of its strategic partnership with Visa, intending to allow new endpoints in Asia and Africa.
cross-border payments, digital wallet, financial services, partnership, expansion, SMEs, payment methods
US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.
cross-border payments, online payments, digital payments, expansion, financial inclusion
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
Norway-based Vipps MobilePay has announced the launch of a new version of the MobilePay app to its Danish users, aiming to provide cross-border payments in the Nordics.
mobile payments, digital payments, digital wallet, cross-border payments, Tap-to-Pay
Ethereum wallet provider MetaMask has partnered with Mastercard and reportedly entered the testing phase for a new cryptocurrency payment card.
partnership, digital payments, digital wallet, web3
We had the chance to talk to Ani Sane, Co-Founder and Chief Business Officer of TerraPay, who shared insights into the most pressing challenges and the future of B2B payments.
cross-border payments, ecommerce, B2B payments, marketplace, digital wallet, fintech, banks, FX