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Snowdrop Solutions has partnered with PwC Middle East to bring its Transaction Enrichment API to banks and payment providers in the Middle East.
artificial intelligence, API, data aggregation, data analytics, digital banking
Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024.
funding, investment, financial services, public listing, online payments
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
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
The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity
Synovus has launched AccelerateTM Pay, allowing commercial banking clients to initiate account payable payments using multiple payment types and reducing reliance on checks.
accounts payable, B2B payments, banking, digital payments
US-based provider of integration technology for financial institutions (FIs), PortX, has announced entering a strategic partnership with forefront innovator in data privacy and protection solutions, eXate.
partnership, financial institutions, financial data, data sharing, data, data protection, data privacy, data breaches, open data, compliance, regulation
France-based Embedded Finance platform Swan has entered a collaboration with Wise Platform in a bid to allow its clients to transfer money from over 190 countries.
partnership, payments , money transfer, online payments, digital payments
Canada-based fintech infrastructure company Brim Financial has secured USD 85 million in a Series C funding round.
funding, investment, fintech, Open Banking
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
Blue Yonder, a player in digital supply chain transformations has announced its intention to acquire One Network Enterprises (One Network) for around USD 839 million, subject to adjustments.
partnership, acquisition, supply chain finance, data analytics
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
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
dLocal has announced its partnership with Ebury in order to provide customers across Africa’s largest markets with optimised payment solutions.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce
Germany-based Embedded Finance platform Solaris SE has announced the raise of EUR 96 million in a Series F funding round led by SBI Group.
investment, funding, embedded finance, digital banking, financial services
US-based payment processor Elavon has partnered with BMO to provide a payment solutions platform to the bank’s clients.
partnership, payment processing, banks, transactions
Switzerland-based Temenos has announced a partnership with Philippines-based Metropolitan Bank & Trust (Metrobank) to deploy Temenos Wealth.
partnership, banks, digitalisation, wealth management
Singapore-based payment institution FOMO Pay has partnered with Bottomline to improve the former’s compliance and cash management capabilities.
partnership, compliance, treasury, payment institution, cash management
American ride-hailing company Uber has announced its collaboration with Mastercard and Payfare, aiming to launch the Uber Pro Card in Canada.
mobile payments, payments , partnership, cashback, cash management, gig economy
We interviewed Alex Morgan-Moodie, Vice President and Head of Vertical Growth at Worldpay, about the importance of an optimised payment experience and the role of payment orchestration as a catalyst for businesses to boost customer conversion.
cross-border payments, ecommerce, merchants, payments orchestration, marketplace, checkout optimisation , customer experience