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UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
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
Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
Sweden-based fintech 6G Digital has bought a 25% stake in Singapore-based fintech FlexM Global for USD 12.5 million to augment the banking and money transfer landscape.
fintech, acquisition, money transfer, financial inclusion, banking
Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.
cross-border payments, partnership, fintech, financial services
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
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
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
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
Open Banking payments provider Trustly has announced its collaboration with MoneyGram, aiming to introduce cardless payments for the latter’s users across Europe.
partnership, online payments, payment methods, money transfer, bank account
UK-based fintech company Revolut has launched a Point-of-Sale iPad app to support businesses in the hospitality industry.
POS, product launch, fintech, super app
The Federal Reserve Financial Services (FRFS) has announced the establishment of a FedNow User Group for financial institutions and their service providers.
product launch, financial institutions, financial services, instant payments
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
Dickson Nsofor, founder and CEO of Kora Technologies, provides insights into how to break down barriers to cross-border ecommerce payments in Africa.
cross-border payments, ecommerce, fintech, payments infrastructure, API, regulation, banks
UK-based payment services provider TerraPay has partnered with Alfardan Exchange to augment cross-border payments in Qatar.
remittance, money transfer, partnership, financial inclusion, payments infrastructure