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US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech
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
Pierre-Henri Paulhe, Nexway’s VP Global Account, explains how embracing a Merchant of Record strategy empowers businesses to overcome the challenges associated with global expansion.
expansion, partnership, ecommerce, merchant, online platform, digital payments, PCI DSS, PCI compliance, chargebacks, fraud detection, online fraud, fraud management, fraud prevention, regulation, ecommerce platform, payments
Global card issuer Mastercard has partnered with UAE-based Further Ventures, a venture-building and investment company, to accelerate next-generation payments and asset management infrastructure.
partnership, digital payments, digital banking, online payments, startup
Peter Theunis from BPC explores the significance of APIs in Open Banking and Open Finance, highlighting how diverse API standards across markets can create obstacles to the universal adoption of Open Banking services.
Open Banking, Open Finance, API, API standardisation, report
Switzerland-based Brighty App has launched Brighty Business, its European B2B payment platform, to simplify financial operations management for businesses.
product launch, B2B payments, payments , cross-border payments, digital assets
ThetaRay has partnered with Knox Wire in order to implement its AI-based AML transaction monitoring and sanction screening for the latter’s communication system.
partnership, fraud management, fraud detection, fraud prevention, AML, artificial intelligence, online fraud
We sat down with Richard Albery and Andy Morris from ACI Worldwide to discuss the UK’s New Payments Architecture (NPA), its goals and propositions, and how companies such as ACI adapt to the new initiative.
online payments, account-to-account payment, Variable Recurring Payments, regulation, real-time payments
Pedro Silva, Alviere's COO, explains the B2B Payments Ecosystem, giving businesses control over supply chain payments, cost reduction, and streamlined processes through trends like closed-loop systems and direct account-to-account payments.
embedded finance, B2B payments, embedded payments
Australian Payments Network (AusPayNet) has announced that it plans to align with ISO 20022 data requirements for cross-border payments.
ISO 20022, cross-border payments, financial services, financial institutions, payment processing
Cross-border payments infrastructure provider Thunes has announced a partnership with Smartcash PSB to power international remittances in naira to mobile wallets.
partnership, cross-border payments, remittances, payout, mobile money, digital wallet, fintech, paytech, financial services, financial inclusion
Fintech MoneyGram has planned to launch a non-custodial digital wallet for global users to easily convert between fiat and digital currencies using stablecoin technology.
digital wallet, stablecoin, digital assets, cross-border payments, product launch, API, blockchain
LuLu Money has partnered with Endava to launch Digit9, a multi-currency cross-border transactions platform, in the UAE.
payments , cross-border payments, product launch, FX , financial institutions
Kenya-based Kotani Pay has received USD 2 million to simplify cross-border remittances in Africa with blockchain and stablecoins.
cryptocurrency, financial inclusion, cross-border payments, unbanked, funding
UK-based fintech Atlantic Money has introduced fixed fee international transfer services to businesses in 29 countries.
cross-border payments, money transfer, remittance, digital payments
Binance, a blockchain and cryptocurrency infrastructure provider, has launched Send Cash in Latin America, to allow users to transfer crypto through Binance Pay from nine countries in the region.
product launch, cryptocurrency, cryptocurrency exchange, payments , digital payments
FOMO Pay, a digital payment and digital banking solutions provider, has partnered with Notabene aiming to strengthen its digital asset compliance.
partnership, cryptocurrency, regulation, compliance, digital assets, digital payments
South Korea-based MOIN has partnered with Currencycloud to expand global coverage for South Korea’s remitters while improving the cross-border payment experience for customers.
remittance, cross-border payments, COVID-19, money remittance, partnership
Rasika Raina, Senior Vice President for Strategy and Solutioning, Transfer Solutions at Mastercard, discusses the next generation of money transfer solutions that focus on consumers’ need for instant payments and flexibility.
mobile payments, Global Payments, payment methods, debit card, credit card, cross-border payments, online payments, instant payments, digital payments, digital wallet