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Visa and GSMA Mobile for Development Foundation (GSMA Foundation) have launched the Digital Finance for ALL (DFA) initiative for financial inclusion in Africa, Asia, and LATAM.
financial inclusion, digital payments, partnership, financial services, financing
US-based payment processor Clearent by Xplor has launched its new mobile payment solution, Xplor Pay Mobile, allowing merchants to accept transactions worldwide.
product launch, payments , mobile payments, digital payments, online payments, ecommerce
Real-time payments provider Allied Payment Network has partnered with US-based MY CREDIT UNION to integrate with its digital banking platform.
partnership, digital payments, mobile money, money transfer, financial institutions
The Reserve Bank of India (RBI) has announced the launch of a pilot project in the form of a Public Tech Platform to simplify access to credit.
banking, online banking, online platform, digitalisation, financial institutions
The Central Bank of Nigeria (CBN) has upgraded its CBDC mobile app with NFC technology to enable eNaira contactless payments.
CBDC, digital currency, NFC, product upgrade, financial inclusion
India-based fintech PhonePe has secured USD 100 million of additional funding in the journey to complete an ongoing USD 1 billion financing round.
PhonePe, funding, investment, Walmart, payments
India-based fintech PhonePe has launched the shopping app Pincode, built on the Centre’s Open Network for Digital Commerce (ONDC) platform.
fintech, ecommerce, SMEs, retail, PhonePe
A number of grocery chains including Walmart, Kroger, Sprouts, Amazon and Stop & Shop have announced the closure of several US-based locations throughout 2023.
ecommerce, shopping, merchants, retail, Amazon, Walmart, delivery, online shopping, financial data, fintech, marketplace
Digital payments solution Obopay has partnered Mastercard to launch a prepaid card and boost financial inclusion for smallholder farmers and rural communities in India.
partnership, payments , digital wallet, digital payments, online payments, banking, financial inclusion, financial services, prepaid card, product launch, fintech, spend management, digitalisation, ecommerce
Global fintech Aleta Planet has launched B2B cross-border payment services for DiMuto’s AgriFood trade solution that can track the movements of perishable goods through a global supply.
partnership, supply chain finance, financial inclusion, digital payments, online payments, FX , digitalisation, QR code, marketplace, financial services
Egypt-based fintech company PayMint has partnered with EMX to expand its internal financial payment system.
partnership, B2B payments, fintech, SMEs
Mercado Libre, Latin America’s ecommerce company, has announced plans to expand its crypto trading feature across the region after a successful start in Brazil.
expansion, cryptocurrency, payment methods, blockchain
Agrifood solutions platform Dimuto and fintech focused on cross-border payments, Aleta Planet, have partnered to address supply chain inefficiencies that lead to global food waste.
partnership, supply chain finance, retail, merchant, merchants, online payments, cross-border payments, QR code, artificial intelligence, carbon footprint
Spain-based international bank Santander has announced plans to offer crypto trading to its clients in Brazil in the latter half of 2022.
product launch, cryptocurrency, tokenization, cryptocurrency exchange
By increasing transparency, tokenising carbon markets, distributing clean energy, and GreenFi, blockchain can support the fight against pollution. Jane Thomason shares more.
blockchain, DLT, tokenization, financial services, sustainability , NFT, cryptocurrency
The Australian Competition and Consumer Commission’s has published its 'Targeting Scams' report, stating a 77% increase in payment redirection scams compared to 2020.
scam, report, fraud prevention, cybercrime, ransomware
American banking group Citi has announced the launch of new deposit solutions designed to assist clients in investing excess cash as part of their sustainability agenda.
ESG, sustainability , investment, product launch
In this interview, we spoke with Sanmi Akinmusire, co-founder of ImaliPay, to discover how the company is promoting the financial inclusion of gig economy workers
financial inclusion, gig economy, fintech, financial health
Banking technology solutions provider Nymbus has introduced three new affinity-based fintech concepts available through Nymbus Labs.
fintech, digital banking, product upgrade
Egypt's three biggest state-owned banks have set up a USD 85 million financial technology fund that aims to accelerate innovation in the sector.
banks, fintech, funding, investment, payments