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Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Experian to acquire illion

News | Online & Mobile Banking | 08 Apr 2024

Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand. 

acquisition, digital wallet, e-wallet, BNPL, credit scoring

Navigating global payments and commerce: perspectives from PPRO

Interviews | Payments General | 08 Apr 2024

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

Revolutionising European payments: Brite Payments interview

Interviews | Online Payments | 05 Apr 2024

Lena Hackelöer, CEO of Brite Payments, explores the rise of Pay by Bank and the future of instant payments, leading the charge in Europe's digital economy.

online payments, mobile payments, payments , instant payments, Open Banking

Sikoia launches AI-powered document processing

News | Digital Identity, Security & Online Fraud | 05 Apr 2024

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

Adyen and PayMe expand global businesses' reach in Hong Kong

News | Mobile Payments | 03 Apr 2024

Netherlands-based fintech Adyen has become an acquirer for the mobile payment service provider PayMe by HSBC in Hong Kong.

mobile payments, ecommerce, Acquirer, merchants, local payment method

Worldline extends its partnership with ASDA

News | Ecommerce | 02 Apr 2024

France-based digital payments firm Worldline has extended its 16-year partnership with UK-based supermarket group ASDA.

partnership, digital payments, customer experience, ecommerce

Blue Yonder acquires One Network for USD 839 mln

News | Payments General | 02 Apr 2024

Blue Yonder, a player in digital supply chain transformations has announced its intention to acquire One Network Enterprises (One Network) for around USD 839 million, subject to adjustments.

partnership, acquisition, supply chain finance, data analytics

FICO publishes research about Indonesian fraud concerns

News | Digital Identity, Security & Online Fraud | 01 Apr 2024

FICO has released a research that highlights the concern of Indonesians over identity theft amidst increased risks posed by real-time payments.

research, APP fraud, real-time payments, money laundering, scam

Mastercard partners with Worldpay

News | Digital Identity, Security & Online Fraud | 27 Mar 2024

US-based payment technology corporation Mastercard has entered a collaboration with Worldpay aiming to improve the transaction experience by reducing payment fraud. 

partnership, merchants, chargebacks, fraud prevention, ecommerce

New alliance in Africa aims to explore remittance solutions

News | Payments General | 26 Mar 2024

Coronation Group, Access Holdings, Safaricom, and M-PESA Africa have formed a strategic partnership to provide remittance corridors in Africa.

remittance, financial inclusion, partnership, mobile money, money transfer

Fast and flexible, not furious: how top card issuers win the race

Voice of the Industry | Cards | 26 Mar 2024

Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.

Issuer, banks, fintech, payment methods, prepaid card

Avalanche powers Alipay+ D-store's Web3 voucher programme

News | Cryptocurrencies | 21 Mar 2024

Singapore-based smart contracts platform Avalanche has enabled Alipay+ D-store and its partnered e-wallets to introduce a Web3-enabled voucher programme.

web3, digital wallet, partnership, digital assets, blockchain

The Paypers Global Fintech Mergers and Acquisitions Analysis: Q4 2023

Voice of the Industry | Payments General | 20 Mar 2024

The Paypers took a close look at some of the most important M&As from Q4 2023, with a focus on trends in the banking, fintech, payments, fraud prevention and crypto sectors to identify key elements that drive companies to acquire others.

acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, financial services

Ant Group Digital Technologies partners with Bank CenterCredit

News | Online & Mobile Banking | 19 Mar 2024

Ant Group Digital Technologies has partnered with Bank CenterCredit (BCC) to explore digital solutions and deliver faster and more reliable services to end users.

digitalisation, banking, super app, financial services

The Paypers Global Fintech Investments Analysis: Q4 2023

Voice of the Industry | Payments General | 19 Mar 2024

The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps  and commerce solutions, and Buy Now, Pay Later services. 

investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs

SmartSearch reports on global financial crime and AML failure trends

News | Digital Identity, Security & Online Fraud | 18 Mar 2024

UK-based AML specialist SmartSearch has analysed global AML events and published a new report which showcases drug trafficking as one of the most prevalent issues.

report, AML, financial crime, cryptocurrency, fraud prevention

Klarna to launch Open Banking settlements in the UK

News | Online & Mobile Banking | 14 Mar 2024

AI-enabled payments network and shopping assistant Klarna has announced the launch of an Open Banking-powered settlement in the UK. 

Open Banking, banking, settlement, online banking, mobile banking

The most pressing challenges and the future of B2B payments

Interviews | Online Payments | 13 Mar 2024

We had the chance to talk to Ani Sane, Co-Founder and Chief Business Officer of TerraPay, who shared insights into the most pressing challenges and the future of B2B payments.

cross-border payments, ecommerce, B2B payments, marketplace, digital wallet, fintech, banks, FX