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Digital banking provider Bankjoy has entered a strategic collaboration with Pinwheel in a bid to deliver access to the latter’s solution to banks and credit unions.
partnership, digital payments, digital banking, financial institutions, financial services, financial data
US-based recurring payments platform Toku has raised USD 93 million in a new funding round to fuel expansion in Mexico, Brazil, and Chile.
recurring payments, digitalisation, expansion, funding, digital payments
Ray Shinzawa, Managing Director at JCB International (Europe), discusses how merchants can adopt technological advances to offer frictionless payments and address security concerns.
payments , credit card, merchants, digitalisation, contactless payments, mobile payments, e-wallet, digital wallet, tokenization, biometric authentication, 3-D Secure, compliance, customer experience
Financial infrastructure platform for businesses Stripe has announced its collaboration with URBN in a bid to enable online and in-person retail payments for the latter’s brands.
online payments, mobile payments, payment methods, retail, checkout optimisation
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
product launch, BNPL, credit card, payment methods, expansion
The Unicorn Council for UK FinTech has published six core recommendations for policy-makers, deemed critical to maintaining the region’s position in the landscape.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem.
payments aggegator license, KYC, fraud management, fraud prevention, POS
Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.
mobile payments, digital wallet, QR code, cross-border payments, e-wallet
US-based Paystand has augmented ERP efficiency with seamless integration into Dynamics 365, offering fee-less B2B payments and automation for finance departments.
ERP, reconciliation, B2B payments, digitalisation, fintech
Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024.
funding, investment, financial services, public listing, online payments
CoinsPaid CEO and co-founder Max Krupyshev highlights the latest trends and developments in the crypto space.
cryptocurrency, merchants, Bitcoin, online payments, MiCA
US-based identity solutions provider HID has announced the launch of additional services, as well as its plans to upgrade some of its products.
identity verification, biometric authentication, verifiable credentials, product launch, product upgrade
UK-based fintech Satago has entered a collaboration with mmob, an API adaptor, aiming to enable lenders and corporates to embed its solutions via the latter’s capabilities.
embedded finance, digital banking, fintech, embedded payments, SMEs, SME lending
Coinbase has enabled UK users to buy digital assets with Apple Pay, aiming to expand crypto adoption amidst market slowdown and low retail interest.
cryptocurrency, mobile payments, Bitcoin, Ethereum, digital assets
European cloud-based technology bank Viva.com has entered a strategic collaboration with BANCOMAT to allow its Italian merchant network to accept the latter’s payment methods.
partnership, payment methods, local payment method, ecommerce, transactions
Sarah Beth Felix, CEO at Palmera Consulting: Fintechs must prioritise AML/sanctions compliance, while banks need to assess exploitation risks in their fintech partners' offerings for effective risk management in BaaS partnerships.
AML, regulation, compliance, fintech, financial institutions, banks, risk management
Payment verification solution provider SurePay has announced the availability of its services on the cloud-based Temenos Exchange partner ecosystem.
partnership, Confirmation of Payee, PSD3, fraud management, financial institutions, banks, API
Payments, identities, and data company Entrust has completed its acquisition of Onfido, an identity verification company, to combat deepfakes and AI-powered cyber attacks.
digital onboarding, identity verification, generative AI, fraud prevention, cybercrime
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.
payment fraud, cybercrime, retail, research, PSD3