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Cuentas, Western Union sign 5-year agreement

News | Mobile Payments | 04 Feb 2021

Cuentas, a US-based provider of mobile banking and payment solutions, has signed a five-year agreement with Western Union to integrate digital money transfer services into the Cuentas mobile app and digital wallet in 2021.

Cuentas, Western Union, agreement, digital money transfer, mobile payments, cross-border payments, bank accounts, wallets, cards, financial inclusion

Dubai launches the UPN payments platform to facilitate cashless transactions

News | Online Payments | 08 Dec 2020

Dubai has launched the Unified Payments Network (UPN), a payments platform aimed at bringing together all payment service providers as well as the unbanked and underbanked merchants to facilitate cashless transactions.

Dubai, UPN, merchants, digital payments, payment service providers, PSPs, cards, wallets

Blackhawk launches payment solutions suite

News | Online Payments | 03 Dec 2020

Blackhawk Network has announced Pay4It, a global suite of solutions for merchants and retailers that connects physical and digital payments.

Blackhawk Network, Pay4It, gift, rewards, wallets, loyalty, customer experience, digital payments, digital wallet, mobile app, account

Indian digital payments company Cashfree raises USD 35 million

News | Online Payments | 24 Nov 2020

Cashfree, an India-based payments solutions company that helps Indian and global businesses to collect and disburse payments, has received USD 35.3 million as part of its Series B raise.

Cashfree, bank accounts, cards, UPI, wallets, payouts, India, funding, net banking, UPI, merchants, ecommerce

China's CBDC will be distributed in Shenzhen as part of public trials

News | Cryptocurrencies | 12 Oct 2020

The Chinese city of Shenzhen has announced plans to distribute over 10 million yuan in China’s upcoming digital currency as part of public trials.

digital currency electronic payment, wallets, digital yuan, merchants, trials, payments digitalisation, DCEP, CBDC, China

FSS updates its Smart Recon platform with Machine Learning and cloud support

News | Payments General | 08 Sep 2020

FSS (Financial Software and Systems), a global payment products provider and processor, has introduced critical increments to its Smart Recon platform.

ATM Recon, online commerce, wallets, instant payments, NEFT, RTGS, QR code payments, FSS, Financial Software and Systems, India

Cambodia-based fintech Clik secures USD 3.7 mln funding for financial inclusion

News | Payments General | 05 Aug 2020

Fintech startup Clik has completed the final close of its USD 3.7 million seed round for mobile payments, loyalty programmes, data visualisation, business intelligence, and cloud data services. 

Clik, fintech, Cambodia, funding, financial inclusion, mobile payments, loyalty programmes, data visualisation, business intelligence, cloud data services, OpenWay, Poems Pte, angel investors, National Bank of Cambodia, NBC, central bank digital currencies, Bakong, payment aggregator, payments , cards, wallets, bank accounts, mPOS, SoftPOS, eKYC

MYPINPAD expands global presence through a partnership with Mswipe and Visa

News | Digital Identity, Security & Online Fraud | 21 Jul 2020

MYPINPAD has partnered with India-based mobile POS merchant acquirer Mswipe and Visa to propel contactless payments in India.

myPinPad, Mswipe, Visa, India, contactless payments, PCI, SSC, CPoC, Contactless Payments on Commercial, MSMEs, merchants, cards, wallets, mobile payment apps, bank apps, QR, POS, Acquirer, APAC

Simplex now supports Bitcoin SV across its global network

News | Cryptocurrencies | 02 Jul 2020

Simplex, a fiat infrastructure for digital currencies, has announced that it added support for Bitcoin SV (BSV). 

Simplex, Bitcoin SV, BSV, digital currencies, fiat infrastructure, digital assets, Visa, MasterCard, credit cards, debit cards, exchanges, wallets, gateways, BiKi, Bitfinex, Bithumb, Bitmart, BitMax, CoinEx, Cross exchange, DigiFinex, Huobi, KuCoin, MXC, OKex, Poloni

Blockchain startup Kirobo's to allow crypto users retrieve funds sent in error

News | Cryptocurrencies | 01 Jul 2020

Kirobo, an Israel-based blockchain startup, has announced that its technology can prevent the loss of cryptocurrency caused by human error when sending transactions between wallets.

Kirobo, blockchain, cryptocurrency, crypto funds, wallets, Israel, transactions

Cybertonica, Extra Loyalty team up for retail and loyalty fraud protection

News | Digital Identity, Security & Online Fraud | 10 Jun 2020

Cybertonica has announced a partnership with Extra Loyalty, the Turkey-based loyalty and wallet platform specialised in end-to-end customised loyalty programmes and mobile technologies.

Cybertonica, partnership, Extra Loyalty, retail, loyalty fraud, fraud protection, wallets, mobile tech, payments , fintech, risk, AML, compliance, fraud detection, merchant, banks, Europe, Africa, fraud management, behavioural authentication

FSS adds digital tools to empower SMEs

News | Online Payments | 04 Jun 2020

FSS, the global digital payments solution provider and processor, has added to its ecommerce payment gateway new value service capabilities to bring more merchants online.

FSS, payment gateway, SMEs, digital tools, solution provider, merchants, QR codes, credit cards, wallets, risks, authentication, fraud, acquirers, online payments, 3DS

Rwanda waives charges on digital payments

News | Mobile Payments | 26 May 2020

The National Bank of Rwanda has instructed mobile network operators (MNOs) to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.

The National Bank of Rwanda, Rwanda, MNOs, wallets, merchant fees, mobile payments, mobile transactions, COVID-19, digital payments, cash

Indian elderly consumers get more familiar with ecommerce

News | Ecommerce | 11 May 2020

A survey made by consumer services company Enormous Brands has revealed changes in the shopping behaviour of elderly Indians, during the COVID-19 lockdown. 

survey, Enormous Brands, India, shopping behaviour, elders shopping behaviour, Delhi, Bengaluru, Chennai, Pune, Ahmedabad, ecommerce, wallets, UPI, COVID-19

Baanx, HooYu team up for onboarding and KYC processes

News | Cryptocurrencies | 19 Mar 2020

Customer onboarding and KYC technology company HooYu has been deployed by mobile crypto and fiat specialist Baanx

Baanx, partnership, HooYu, KYC, cryptocurrency, digital assets, due diligence, wallets, exchanges, AML

HashCash to assist UAE based conglomerate with blockchain solutions for supply chain and finance

News | E-invoicing, SCF & E-procurement | 27 Feb 2020

HashCash Consultants has partnered with an UAE-based conglomerate to provide blockchain solutions that aim to optimise its existing supply chain infrastructure.

HashCash Consultants, blockchain, supply chain finance, ICO, tokenisation, wallets, UAE

Paysafe launches cloud EMV capabilities, expanding omnichannel offering

News | Online Payments | 14 Jan 2020

Paysafe has expanded its omnichannel payments offering, revealing the Cloud SDK from Handpoint, a pioneer in defining integrated payments.

Paysafe, omnichannel, launch, EMV capabilities, expansion, payments , cards, wallets, terminals

Co-op selects ACI Worldwide for ecommerce payments fraud solution

News | Digital Identity, Security & Online Fraud | 13 Jan 2020

UK-based food retailer The Co-operative (Co-op) has selected ACI’s fraud management solution ReD Shield to prevent ecommerce payments fraud.

ACI Worldwide, ecommerce, payments , fraud, fraud prevention, fraud management, PSP, merchants, cards, wallets, loyalty, P2PE

Small deposits fee removed by Bitfinex, crypto becomes accessible to all

News | Cryptocurrencies | 19 Dec 2019

State-of-the-art digital asset trading platform Bitfinex has removed the small deposit fee for all users, Fintech Finance announced.

Bitfinex, cryptocurrency, fee, small deposits, digital assets, payments , withdrawals, spam attacks, wallets

USD 49 mln in Ether stolen from Upbit

News | Cryptocurrencies | 02 Dec 2019

South Korea-based cryptocurrency exchange Upbit has confirmed the loss of cryptocurrency worth of USD 49 million.

cryptocurrency, exchange, Upbit, theft, ether, fraud, digital assets, transactions , wallets, South Korea