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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
Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
The European Commission has opened formal proceedings to assess whether AliExpress may have breached the Digital Services Act (DSA).
European Commission, regulation, compliance, marketplace, platform
Gabriel Lucas, Associate Director at Redbridge Debt and Treasury Advisory, examines the frontiers of innovation in B2B payments.
cross-border payments, ecommerce, merchants, B2B payments, payout, FX , SEPA, Open Banking, virtual card, instant payments, BNPL
The Reserve Bank of India has announced its plans to launch an interoperable payment system for internet banking for faster fund settlements.
product launch, payments , digital payments, online payments, mobile payments, ecommerce, customer experience
Samee Zafar, Director at Edgar, Dunn & Company (EDC), discusses how emerging technologies and networks are redrawing the competitive boundaries of cross-border payments for businesses.
cross-border payments, ecommerce, banks, digital payments, SMEs, SEPA, PIX, crypto, digital currency
Viky Manaila, Trust Services Director at Intesi Group, offers insights into Europe’s digital identity wallet, highlighting updates and future steps.
EIDAS, digital identity, identity verification, customer experience, data sharing, data protection
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
Google has announced its plans to launch the SoundPod, its portable speaker developed to validate and announce successful payments instantly, to SMEs across India.
product launch, SMEs, POS, payments , mobile payments, UPI
Germany-based payment processing provider Unzer has rolled out its mobile POS solutions in Austria and Luxembourg.
POS, mobile payments, checkout optimisation , contactless payments, real-time payments
US-based financial technology company PayPal and Venmo have announced six new improvements that aim to enhance commerce for consumers and merchants.
SMEs, product launch, product upgrade, online payments, artificial intelligence
Malaysia-based payment service company GHL has rolled out its digital receipts, in order to optimise the customer experience and contribute to a greener future.
product launch, payments , online payments, mobile payments, digital payments, ecommerce, green finance
Digital identity verification and fraud solutions provider Socure has announced it achieved StateRAMP authorisation, enabling state and local governments to verify digital identities accurately and securely.
certification, identity verification, fraud prevention, artificial intelligence, machine learning, regtech, cybersecurity, risk management, identity fraud, synthetic identity, cloud, data protection
Central Bank of Brazil has introduced a new feature for their clients, allowing them to contract consortiums by debiting the value of the first instalment from accounts maintained at other financial institutions.
mobile payments, online payments, online banking, Open Finance, financial institutions
Payments expert Piet Mallekoote continues The Paypers CBDC series with a focus on the digital euro: what are its objectives, potential risks, work done so far, and future outcomes.
European Commission, digital euro, CBDC, cash, online payments, banks, EPI, digital identity
Australia-based payment service provider Monoova has been selected by airline Bonza to provide PayTo to consumers paying online for their flights or travel booking.
account-to-account payment, payment methods, payments , chargebacks, online payments
Payment services provider Worldline has announced it was granted Payment Institution Authorisation by the Financial Conduct Authority (FCA) in the UK.
payments , licence, paytech, fintech, merchants, ecommerce, payment institution, Acquirer, compliance, digital payments
Joshua Chong, Analyst at Kapronasia, provides insights into the development of digital payments in Asia and the evolution of e-wallets in particular.
payments , digital payments, ecommerce, payment methods, digital wallet, account-to-account payment, SoftPOS, local payment method
Full-stack multi-rail payments 3.0 platform Rvvup has announced the launch of its Payment Links solution to enable online businesses to get paid fast, with different payment methods.
product launch, payment methods, paytech, payments , ecommerce, digital payments, checkout optimisation , Open Banking payments
Finland-based e-invoicing company Basware has announced the completion of its acquisition of cloud-based finance solutions provider Glantus.
acquisition, e-invoicing, artificial intelligence, accounts payable, fraud detection, fraud prevention