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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
Singapore-based cross-border payments company Thunes has announced its plans to acquire Tilia, an all-in-one payments platform, to accelerate its expansion in the US.
payments , payment methods, payout, online payments, expansion
Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million.
investment, funding, financial services, financing , customer experience, expansion
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
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
UK-based fintech Paysend has chosen Currencycloud to boost its FX and treasury capabilities, becoming a key partner for cross-border money movement.
remittance, money transfer, FX , expansion, digital wallet
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
US-based payment technology corporation Mastercard has released a whitepaper on the current status of cross-border payments in Latin America.
online payments, cross-border payments, remittance, money remittance, digital payments, digitalisation, financial inclusion
US-based payment technology corporation Mastercard has partnered with ING to improve the shopping experience of customers.
partnership, online payments, expansion, product upgrade
Network International has partnered with Mastercard to use its AI-powered Brighterion solution to protect merchants from the Middle East and Africa from fraud.
partnership, fraud management, fraud detection, fraud prevention, artificial intelligence, machine learning
US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.
cross-border payments, online payments, digital payments, expansion, financial inclusion
Gabriel Lucas, Associate Director at Redbridge Debt and Treasury Advisory, examines the frontiers of innovation in B2B payments.
cross-border payments, ecommerce, merchants, B2B payments, payout, FX , SEPA, Open Banking, virtual card, instant payments, BNPL
Finix, a payments technology provider, has announced that its suite of unified payment offerings is now available in Canada.
payments , expansion, omnichannel payments solution, ecommerce, merchant
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
Western Union and Mercado Pago have announced growth in their existing relationship, giving customers in the US and Canada the ability to send money from Western Union.
partnership, remittance, online payments, money transfer
Australia-based money management platform Parpera has partnered with Emu Money, an online lending platform, to improve business access to finance.
partnership, money management, lending, financial services, online platform
Chargebacks and friendly fraud represent the main concerns for FIs and merchants across the globe, as businesses lose billions of dollars because of them. David Mattei, Strategic Advisor at Datos Insights, shares exactly how businesses are negatively impacted by chargebacks and what to do to stop the phenomenon.
fraud prevention, ecommerce, FIS, merchants, financial institutions, chargebacks
Singapore-based ipaymy has introduced Fetch, an invoicing platform facilitating SMEs to get paid faster and on-time Singapore, Hong Kong, Malaysia, and Australia.
fintech, SMEs, cash flow, payment methods, cryptocurrency
US-based paytech provider Finix, with support from financial institution Pathward, has launched Payouts, enabling businesses to send money with Mastercard Send and Visa Direct.
product launch, paytech, fintech, real-time payments, ACH, payout, B2B payments, payment methods, BaaS, financial inclusion
UK-based Paysend has announced the raise of a USD 65 million in funding round, aimed at its development process and improvement of cross-border payments tools.
funding, investment, cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce