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KongaPay, Bibimoney to help 65 mln Nigerians with financial inclusion

News | Online & Mobile Banking | 05 Jul 2022

Nigeria-based KongaPay, a mobile money platform, has signed a deal with Bibimoney, a UK-based mobile wallet provider to onboard 65 million Nigerians to access financial inclusion.

partnership, financial inclusion, P2P, mobile payments, mobile money

Nacha partners Phixius and Aliaswire

News | Payments General | 07 Jun 2022

US’ Nacha announced a partnership with Phixius and Aliaswire that will allow entities that originate a small volume of ACH transactions to comply with Nacha's WEB Debit Account Validation Rule.

partnership, ACH, P2P, regulation

UPI goes global with Nepal as its first integrated country

News | Online Payments | 18 Feb 2022

The National Payments Corporation of India (NPCI) has announced that Nepal has become the first country outside India to adopt UPI.

expansion, UPI, NPCI, cross-border payments, cross-border ecommerce, online payments, digital payments, digitalisation, P2P, P2P payments

PayTile and Cross River partner to build a location-based payments platform

News | Ecommerce | 03 Feb 2022

US-based commercial banking corporation Cross River Bank and online payment fintech PayTile have joined forces to build a location-based payments platform. 

partnership, P2P, P2P payments, digital payments, online payments, payment processor

Žltý melon, Salt Edge partner for Open Banking lending

News | Online & Mobile Banking | 17 Aug 2021

Žltý melón, a Slovak P2P lending platform, joined forces with Salt Edge, a player in developing Open Banking solutions, to implement PSD2-integrated access to clients’ bank data.

P2P, partnership, Open Banking, Salt Edge

Paytm Payments Bank stops support for crypto exchanges

News | Cryptocurrencies | 26 May 2021

India-based Paytm Payments Bank has stopped providing banking support to cryptocurrency exchanges such as WazirX, ZebPay, and CoinSwitch Kuber, the exchanges said in separate statements.

cryptocurrency exchange, banks, crypto asset, P2P

Swissquote and Postfinance debut finance app

News | Mobile Payments | 12 May 2021

Switzerland-based banking group Swissquote and Swiss Post financial services PostFinance have launched their new digital finance app Yuh.

partnership, product launch, P2P, cryptocurrency

Signal tests crypto payment function

News | Cryptocurrencies | 07 Apr 2021

Messenger platform Signal has announced launching a crypto payment option in the beta for users from the United Kingdom.

product launch, cryptocurrency, mobile payments, P2P

Facebook Pay plans to launch personalised QR codes for P2P payments

News | Mobile Payments | 06 Apr 2021

Facebook Pay has planned to expand its business by rolling out person-to-person payments via QR codes, allowing users to scan a friend or family member's QR code, and instantly transfer money.

Facebook, P2P, QR code, mobile payments

Univest Banks expands its partnership with Jack Henry

News | Online & Mobile Banking | 02 Apr 2021

Univest Bank has expanded its partnership with Jack Henry to include a full suite of digital offerings. 

partnership, digital banking, P2P, Open Finance

Visa expands its service by introducing Visa Direct Payouts

News | Online Payments | 31 Mar 2021

Visa has announced the expansion of Visa Direct, a push payments platform, with the introduction of Visa Direct Payouts. 

Visa, product launch, cross-border payments, P2P, insurance, remittances

Identity fraud losses climbed to USD 56 bln in 2020

News | Digital Identity, Security & Online Fraud | 26 Mar 2021

The 2021 Identity Fraud Study, released by Javelin Strategy & Research, has revealed that the total combined identity fraud losses climbed to USD 56 billion in 2020.

identity theft, study, financial services, financial institutions, P2P

Payment platforms paydirekt, Giropay and Kwitt merge under Giropay brand

News | Online Payments | 15 Mar 2021

Giropay has announced the merging of online payment methods paydirekt, Giropay and Kwitt.

merger, P2P, online banking, online payments

Margex, OpenMonet offer decentralised crypto payment options

News | Cryptocurrencies | 10 Mar 2021

Cryptocurrency trading platform Margex has teamed up with OpenMonet to offer decentralised cryptocurrency payment options on its platform.

cryptocurrency, P2P, cryptocurrency exchange, artificial intelligence

eftpos launches P2P payments service

News | Mobile Payments | 26 Feb 2021

eftpos has launched a peer-to-peer (P2P) real-time payments service.

eftpos, P2P, mobile payments

Sasol, SAP Ariba partner to fuel supply chain efficiency

News | E-invoicing, SCF & E-procurement | 18 Feb 2021

South Africa-based company Sasol has chosen procurement platform SAP Ariba to centralise and standardise its procure-to-pay processes, according to intelligentcio.com.

Sasol, Sap Ariba, supply chain finance, procurement, Procure to Pay, P2P

Signicat, Mambu to digitise identity management services

News | Digital Identity, Security & Online Fraud | 08 Feb 2021

Norway-based Signicat and Germany-based Mambu have announced a partnership to make an expansive range of identity verification methods available to customers.

Signicat, Mambu, partnership, id management, SaaS, identity platform, API, onboarding, P2P

CapBay gets USD 20 mln in Series A funding

News | E-invoicing, SCF & E-procurement | 01 Feb 2021

Malaysia-based CapBay, a peer to peer (P2P) supply chain financing platform, has acquired USD 20 million in capital via its Series A round.

CapBay, Malaysia, P2P, supply chain finance, SCF, capital, investment, KK Fund, SMEs

Robocash announces launch of BNPL service in the Philippines

News | Online Payments | 24 Dec 2020

Peer-to-peer lending platform Robocash Group has announced the launch of a buy now pay later (BNPL) service called UnaPay in the Philippines.

P2P, lending platform, Robocash Group, launch, buy now pay later, BNPL, UnaPay, the Philippines, peer-to-peer

EPI Interim Company adds new members to the European Payments Initiative

News | Payments General | 10 Dec 2020

EPI Interim Company, responsible for initiating the implementation of the European Payments Initiative (EPI) has announced new members joining as founding shareholders.

EPI Interim Company, European Payments Initiative, EU, PKO Bank Polski, OP Financial Group, EPI, payments , instant payments, SCT Inst, digital wallet, P2P