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US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Real-time payments platform Volt has announced that it introduced its PayTo-based payment solution to its retail customers in Australia.
financial services, real-time payments, instant payments, fraud management, payment methods, payment fraud
Fintech Galaxy has announced its partnership with Singapore-based FinbotsAI in order to launch Open Banking credit scoring capabilities for its customers.
partnership, product launch, banking, Open Banking, Open Finance, online banking, mobile banking, digital banking, financial services, financial institutions
Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).
Open Banking, digital payments, bank account, API, settlement
US-based professional services company Cognizant has entered a strategic collaboration with FICO in a bid to introduce a cloud-based payment fraud prevention solution.
partnership, fraud management, fraud detection, fraud prevention, transaction fraud, real-time payments
Ferry has launched a payroll card and instant tip payment solution for BJ's Restaurants, a new card program leveragingHighnote as its issuer processor.
payout, partnership, payments , POS, embedded finance
Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
Worldline, a global provider of payment services, has announced a partnership with RiskQuest, a Netherlands-based risk consultancy firm and part of the Zanders Group.
partnership, Open Banking, SMEs, API, banks
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
US-based paytech CPI Card Group ha announced the construction of anew manufacturing facility in Fort Wayne, Indiana, US.
credit card, debit card, SaaS, Issuer, paytech
Gravity Game Vision has announced its partnership with EBANX in order to optimise the Latin American gaming landscape with a modernised gameplay experience.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Paul Worthington, Head of Regulatory Affairs at Innovate Finance, speaks about the role policy and regulation play when it comes to payment innovation.
stablecoin, central bank, policy, regulators, CBDC, Open Banking, payments
UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.
debt facility, funding, B2B payments, online payments, merchant, marketplace, BNPL
We interviewed the CEO of PPRO, Motie Bring, to learn more about the pivotal milestones of 2023 for the company, as well as the strategies for global growth and insights on the evolving payments landscape.
ecommerce, payments , cross-border payments, funding, instant payments, local payment method, recurring payments, gig economy
As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.
KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy
Fintech startup Sikoia has rolled out AI-driven document processing, automating 75% of tasks in customer data verification.
identity verification, digital onboarding, artificial intelligence, financial institutions, risk management
City Bank has announced its partnership with bKash in order to launch Pay-Later, a collateral-free digital nano loan solution for customers and clients.
partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce
EBA CLEARING has announced its plan to launch a new OCT cross-border service in the RT1 System, which will be available for users by November 2024.
product launch, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments
instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance
Belgium-based insurtech Qover has partnered with UK-based credit card fintech Yonder to improve travel insurance experiences for members.
partnership, insurtech, fintech, credit card