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Mastercard has partnered with Canadian fintech VoPay in order to provide customers with the possibility to move money quickly and securely with Mastercard Move.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce
Payment orchestration platform PayTabs has integrated key national payment methods in The Kingdom of Saudi Arabia (KSA) to complete its payment platform.
API, payment gateway, payments orchestration, EFT, super app
Diana Lupuleac, Content Editor at The Paypers, shares insights into the history of cross-border payments, how they are made today, and current initiatives aimed to tackle their pain points.
cross-border payments, ecommerce, online shopping, shopping, money transfer, blockchain, real-time payments, CBDC, Open Banking, marketplace, B2B payments, B2B2B2C, ACH, SWIFT
Canada-based payments gateway Zum Rails has raised USD 7.78 million to expand its all-in-one payments gateway, including new Banking-as-a-Service offerings.
Open Banking, FedNow, instant payments, expansion, BaaS
Ghana-based First National Bank (FNB) has informed its clients that the Tap-to-Pay functionality has been discontinued for the near future.
Tap-to-Pay, mobile payments, digital wallet, virtual card, payment methods
PayTabs Group has announced its partnership with Fintech Galaxy in order to optimise GCC’s fintech space with payment orchestration and Open Banking services.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Embedded fintech solutions provider VoPay has partnered with GiveWise to launch a new approach to charitable giving and simplify the donation process.
charity, donation, online payments, online platform, partnership
Banking-as-a-Service (BaaS) and Embedded Finance enabler Ukheshe has acquired EFTCorp to expand its fintech presence in Africa.
acquisition, fintech, merger, BaaS, embedded finance
Stephen Yun, Senior Analyst of Research at Payments Canada, covers digital payments adoption in Canada and the driving forces behind this growth.
payments , payment methods, digital payments, ecommerce, merchants, BNPL, cryptocurrency, online payments, real-time payments, regulation
Singapore-based health technology Jebhealth has partnered with Airwallex and Visa to launch corporate health and employee benefits payment cards.
partnership, QR payments, digital payments, COVID-19, digital onboarding
Sweden-based Open Banking payments provider Trustly has partnered with Sergel to enable the latter to offer a reliable way to manage installment payments.
BNPL, partnership, instalment payments, payment methods
Open Banking payments provider Trustly has announced a partnership with cryptocurrency exchange Coinbase as part of the latter’s expansion into Canada.
partnership, expansion, Open Banking, account-to-account payment, crypto, banking, fintech, paytech, EFT, digital assets
Cryptocurrency exchange Coinbase has launched in Canada, backed by the integration of Interac payment rails, with banking and payment partners, enabling fund transfers and introducing Coinbase One.
cryptocurrency, cryptocurrency exchange, digital assets, product launch
Kenya-based digital payments provider DPO Pay has received approval to operate as a Payment Service Provider from the Bank of Tanzania.
digital payments, payment processing, central bank, PSP
US-based fintech Fortis has gone live in Canada, acquired payments provider SmartPay and rolled out augmented funding and settlement capabilities for online marketplaces.
acquisition, expansion, marketplace, B2B payments, API, EFT
Singapore-based Tazapay has partnered with India-based payments and API banking company Cashfree Payments to enable cross-border payments for Indian exporters.
partnership, payments , cross-border payments, merchants, ecommerce, settlement, remittances, financial services, fintech, cash management, export, bank account, banking, API
Switzerland-based fintech company PayTec has partnered with VR Payment in order to offer an offer for seamless payment integration on the German market.
partnership, product launch, payment processing, fintech, cross-border payments
The Federal Bureau of Investigation (FBI) has reported an increase in the dollar value of losses due to internet crime for 2022.
online fraud, scam, FBI, report, phishing
Peach Payments has partnered with Capitec to launch Capitec Pay, an Open Banking payment method that allows online shoppers to make secure payments directly from their Capitec Bank account.
Open Banking, Open Finance, partnership, mobile banking
Quadient, a company helping businesses with customer connections through digital and physical channels, has announced a new accounts payable (AP) automation cloud solution.
accounts payable, product launch, partnership