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British Caribbean Bank Limited (BCB) has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernise its core and transform its back-office operations.
cloud services, cloud, API, banking, financial services, partnership
WorldFirst launches the global sourcing payments solution WorldTrade in order to facilitate secure, fast, and efficient B2B trade for SME customers.
product launch, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Global payment orchestration platform FinMont has partnered with Ubank Connect to allow merchants to accept and send payments across emerging markets.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Frédéric Viard, Head of Commercial Product Management for Financial Messaging at Bottomline, provides insights into the ongoing ISO 20022 migration, emphasising the importance of readiness, collaboration, and addressing barriers for successful implementation.
ISO 20022, financial institutions, cross-border payments
Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.
merchants, POS, funding, SMEs, expansion
Fuel supplier Viva Energy Australia has selected fintech DataMesh o revolutionise payments and customer experiences across its fuel and convenience retail network.
POS, mobile payments, payment methods, digital payments, customer experience
US-based HighRadius has announced the launch of its B2B payments platform in order to reduce payment processing fees by up to 90 percent.
product launch, payments , online payments, digital payments, mobile payments, ecommerce, payment processing
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
European cloud-based technology bank Viva.com has entered a strategic collaboration with BANCOMAT to allow its Italian merchant network to accept the latter’s payment methods.
partnership, payment methods, local payment method, ecommerce, transactions
Lithuania-based fintech Paysera has integrated Apple Pay into its payment solution, augmenting payment acceptance for merchants.
payment methods, fintech, ecommerce, mobile payments, biometrics
Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.
payment fraud, cybercrime, retail, research, PSD3
France-based bank Crédit Agricole has partnered with Worldline to launch CAWL, a joint venture that provides tailored payment services to merchants.
merchants, product launch, POS, payments , ecommerce, Android
Finyoz, a lendtech platform specializing in short-term invoice financing, has partnered with Currencycloud, a provider of services for simplifying business transactions across various currencies.
supply chain finance, e-invoicing, treasury, online banking, digital currency
Network International has partnered with fintech Souhoola to equip merchants with Buy Now, Pay Later (BNPL) capability on the networkpay POSs in Egypt.
BNPL, merchants, financial inclusion, POS, instalment payments
SWIVEL’s Transaction Enablement Platform has enabled Alkami’s clients to provide a seamless, self-serve loan payment experience to their account holders.
lending, payment methods, digital banking, financial institutions, payment processing
Bangladesh-based Mutual Trust Bank (MTB) has announced its plans to launch biometric payment cards based on IDEX Pay, IDEX Biometrics’ solution.
biometrics, biometric authentication, credit card, debit card, product launch, payments
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
Netherlands-based financial technology platform for businesses Adyen has entered a collaboration with Adobe Commerce, aiming to provide flexible payment solutions.
digital payments, online payments, partnership, customer experience, financial services
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