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Indian state initiates e-RUPI payment for scholarship fees

News | Online Payments | 03 Jan 2022

NPCI, State Bank of India, and Department of e-Governance, Government of Karnataka have partnered for enabling and implementing e-RUPI, a cashless and contactless payment solution for Indian students.

NPCI, central bank, e-money, digitalisation, QR code, POS

Facebook Messenger to introduce split-bill option

News | Mobile Payments | 06 Dec 2021

Facebook Messenger has announced that it is testing a new split payments feature that allows users to share the cost of expenses and bills directly through the app.

product upgrade, Facebook, online payments, mobile payments, e-money, QR payments, QR code

Frost secures FCA authorisation

News | Online & Mobile Banking | 02 Dec 2021

UK-based e-money institution Frost has received full authorisation from the Financial Conduct Authority (FCA) to provide financial services to customers in the UK. 

FCA, e-money, digital banking

Eurosystem changes framework for electronic payments

News | Online Payments | 23 Nov 2021

The European Central Bank’s Governing Council has announced a new framework for electronic payments. 

European Commission, regulation, e-wallet, e-money, central bank, crypto asset, online payments

UK's PPS to power Suits Me

News | Online & Mobile Banking | 15 Nov 2021

UK-baed PPS, a one-stop-shop for prepaid and fintech programmes, has announces its partnership with alternative e-money provider for the financially excluded Suits Me.

partnership, e-money, banks, unbanked

Paysafe expands partnership with ZEN.COM for digital banking

News | Mobile Payments | 20 Oct 2021

UK-based integrated payments platform Paysafe has announced the expansion of its partnership with payment provider ZEN.COM

expansion, e-money, e-wallet, payment processing

Elrond to acquire Capital Financial Services

News | Online Payments | 13 Oct 2021

Malta-based blockchain infrastructure startup Elrond has announced the acquisition of Romania-based e-money company Capital Financial Services.

acquisition, online payments, e-money, ecommerce, blockchain

Fintech unicorn Tipalti launches in Europe

News | E-invoicing, SCF & E-procurement | 13 Oct 2021

Global payables automation platform Tipalti has announced its expansion into Europe with the opening of a London office, according to the official press release.

accounts payable, e-money, expansion

Mynt selects Enfuce as its payment service provider

News | Cards | 12 Oct 2021

Sweden-based fintech Mynt has partnered with Finland-based payment service provider Enfuce to expand its Visa corporate card and expense management solution.

Visa, corporate card, partnership, B2B payments, fraud management, e-money, credit card

Public Bank extends QR service with Thailand

News | Online Payments | 06 Sep 2021

Thailand-based Public Bank group has extended its QR service to support DuitNow QR Cross Border payments between Malaysia and Thailand.

product upgrade, online payments, e-money

State Bank of Pakistan grants EMI license to NayaPay

News | Online & Mobile Banking | 03 Sep 2021

Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the State Bank.

EMI licence, e-money, online banking, neobanks

AltPayNet obtains UnionPay acquirer status

News | Online Payments | 11 Aug 2021

PCI DSS-Certified multi-solutions SaaS company AltPayNet has received an Acquirer Status from UnionPay International (UPI)

UnionPay, partnership, PCI compliance, SaaS, e-money

Apis Partners invests USD 32 mln in Indonesia digital payments firm

News | Online Payments | 06 Aug 2021

UK-based private equity asset manager Apis Partners has invested USD 32 million in DOKU, a digital payments company owned by Emtek Group, based in Indonesia.

funding, e-money, digital payments, online payments

Paysera secures accreditation in Ukraine

News | Payments General | 19 Jul 2021

The National Bank of Ukraine has included fintech Paysera in the country's Register of Payment Systems. 

central bank, fintech, PSP, e-money, regulation, EMI licence

Bebawa using Finstar as its transaction software

News | Payments General | 13 Jul 2021

The Lithuania-based fintech startup Bebawa has announced using the core banking software Finstar for account management and payment processing for its customers. 

mobile banking, fintech, e-money, payment processing

RS2 receives E-Money Institution license from the German Federal Financial Supervisory Authority

News | Online Payments | 25 May 2021

Malta-based global payments processing and technology provider RS2 has announced that its German subsidiary, RS2 Financial Services, has been granted an E-Money Institution (EMI) license by the German Federal Financial Supervisory Authority.

e-money, merchants, e-wallet, cryptocurrency, online payments

JS Bank launches digital cheque service in Pakistan

News | E-invoicing, SCF & E-procurement | 24 May 2021

JS Bank has launched JS Digi Cheque, the first of its kind digital cheque service in Pakistan, as the bank says.

e-invoicing, e-money, product launch, mobile banking

Airwallex secures EMI licence from the Dutch Central Bank

News | Online Payments | 12 May 2021

Australia-based payments platform Airwallex has announced that it has secured its Electronic Money Institution (EMI) licence from the Dutch Central Bank.

Airwallex, e-money, online payments

Britain to focus on regulating stablecoins

News | Cryptocurrencies | 05 Apr 2021

The financial services minister of Britain has announced that Britain will focus first on regulating stablecoins rather than the broader cryptocurrency market.

cryptocurrency, stablecoin, financial services, regulation, distributed ledger technology, Bitcoin, e-money

Privat3 Money launches mobile app

News | Online & Mobile Banking | 26 Mar 2021

Privat3 Money (P3), a UK-based e-money solution, has announced the launch of its mobile app available for both Apple IOS and Android devices.

e-money, mobile money, fintech, API, product launch, digital onboarding, SEPA