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Revolut India obtains PPI licence from RBI

News | Payments General | 12 Apr 2024

UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region. 

payments , mobile payments, financial inclusion, local payment method, cross-border payments

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

Airwallex launches borderless Visa card for Canadian businesses

News | Cards | 11 Apr 2024

Airwallex has launched the Airwallex Borderless Visa Card in Canada, providing Canadian businesses with a virtual card issued by Peoples Trust Company.

cross-border payments, credit card, debit card, fintech, virtual card

HSBC to sell its business in Argentina

News | Online & Mobile Banking | 10 Apr 2024

HSBC has reached an agreement to sell its banking operations in Argentina to Grupo Financiero Galicia.

acquisition, banks, transactions , financial services

Crédit Agricole and Worldline launch joint payment service 'CAWL'

News | Payments General | 09 Apr 2024

France-based bank Crédit Agricole has partnered with Worldline to launch CAWL, a joint venture that provides tailored payment services to merchants.

merchants, product launch, POS, payments , ecommerce, Android

Finyoz lendtech partners Currencycloud

News | Online & Mobile Banking | 08 Apr 2024

Finyoz, a lendtech platform specializing in short-term invoice financing, has partnered with Currencycloud, a provider of services for simplifying business transactions across various currencies.

supply chain finance, e-invoicing, treasury, online banking, digital currency

Paymentology and Rain launch payment solution for Web 3.0

News | Cryptocurrencies | 04 Apr 2024

Issuer-processor Paymentology has partnered with spend management platform Rain to launch a new payment solution for digital asset businesses in the Caribbean and LATAM.

cryptocurrency, digital assets, web3, virtual card, expansion

Hokkoku Bank launches bank deposits-backed stablecoin

News | Cryptocurrencies | 02 Apr 2024

Japan-based Hokkoku Bank has launched one of the first stablecoins in Japan backed by bank deposits.

stablecoin, web3, cashless, bank account, merchant

Blockchain XION raises USD 25 mln in Series A

News | Cryptocurrencies | 02 Apr 2024

XION, a blockchain designed for widespread acceptance, has announced a successful fundraising round of USD 25 million from investors.

digital currency, blockchain, web3, cryptocurrency

Arab Financial Services partners with ACI Worldwide

News | Payments General | 01 Apr 2024

Arab Financial Services has announced its partnership with ACI Worldwide in order to drive payment modernisation for FIs, banks, and merchants in the Middle East.

partnership, payments , digitalisation, online payments, mobile payments, digital payments, ecommerce

FedNow: addressing the glacial pace of instant commercial payments adoption in the US

Voice of the Industry | Payments General | 29 Mar 2024

Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service. 

FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection

FinMont Partners with Triple-A

News | Cryptocurrencies | 28 Mar 2024

Global payment orchestration platform FinMont has partnered with Singapore-based digital currency payment institution Triple-A.

cryptocurrency, digital assets, payments orchestration, partnership

Elavon partners with Softpay to offer SoftPOS

News | Mobile Payments | 26 Mar 2024

US-based payment processor Elavon has partnered with Softpay to offer the SoftPOS solution to customers across Europe.

mobile payments, POS, expansion, partnership

Fast and flexible, not furious: how top card issuers win the race

Voice of the Industry | Cards | 26 Mar 2024

Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.

Issuer, banks, fintech, payment methods, prepaid card

Leatherback partners with YES BANK

News | Online Payments | 25 Mar 2024

UK-based fintech company Leatherback has entered a strategic collaboration with YES BANK to allow simplified remittance and INR payouts in India.

mobile payments, online payments, cross-border payments, remittance, money remittance

Union54 introduces ChitChat in Zambia

News | Online Payments | 25 Mar 2024

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

nCino automates loan origination for Desjardins

News | Online & Mobile Banking | 25 Mar 2024

US-based cloud banking company nCino has announced that financial group Desjardins has selected its Automated Spreading Solution to augment lending.

lending, machine learning, digitalisation, partnership, financial services

Triple-A enables digital currency top-ups on Grab

News | Cryptocurrencies | 22 Mar 2024

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

The Paypers global partnerships analysis Q4 2023 – banking and fintech

Voice of the Industry | Online & Mobile Banking | 22 Mar 2024

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

Flywire integrates with VTEX

News | Payments General | 22 Mar 2024

US-based payments company Flywire has partnered with digital commerce platform VTEX to deliver integrated payments to higher education institutions across LATAM.

payment methods, partnership, data, instalment payments, digital payments