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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
US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.
cross-border payments, online payments, digital payments, expansion, financial inclusion
Mastercard has announced Smart Subscriptions, an Open Banking powered subscriptions management solution.
Open Banking, banks, financial institutions, payments , product launch
TikTok has entered into a joint venture with Indonesian tech company GoTo to resume its online shopping operations in the country.
partnership, social commerce, ecommerce, online shopping
Financial software applications and marketplaces provider Finastra has issued a survey showcasing financial institutions’ continued investment in AI, Banking-as-a-Service (BaaS), and embedded finance.
survey, research, investment, banking, fintech, paytech, BaaS, artificial intelligence, generative AI, embedded finance, payments , financial services
India-based fintech specialised in digital payments and financial services, Paytm, has announced a strategic partnership with global travel tech company Amadeus.
travel payments, partnership, online payments, local payment method, artificial intelligence, payment gateway
Earlypay has announced its acquisition of the assets and loan portfolio of Australia-based fintech Timelio, aiming to optimise SMEs’ development process in the region.
acquisition, payments , online payments, digital payments, mobile payments, ecommerce, SMEs
Mehdi Elhaoussine from IDEMIA shares what it means for banks to propose a digital first experience to their cardholders.
debit card, mobile banking, tokenization, mobile payments, IDEMIA, fraud detection
A Kenyan legislative committee has recommended the termination of Worldcoin in the East African country.
cryptocurrency, crypto asset, cryptocurrency exchange, regulation, data protection, data privacy
Hong Kong-based cryptocurrency exchange CoinEx has recovered from a USD 70 million hack and is set to resume deposits and withdrawals.
cryptocurrency exchange, hacking, digital wallet, cryptocurrency
Kenya’s interior ministry has revealed that it has suspended the activities of cryptocurrency project Worldcoin over safety concerns.
cryptocurrency, blockchain, digital identity, biometrics
Payment network Affirm has announced a partnership with Hong Kong-based global airline Cathay Pacific where it will act as its exclusive US pay-over-time partner.
partnership, payments , payment methods, BNPL, instalment payments, travel payments, paytech, fintech, ecommerce
The EY organisation has been banned by Apas from taking on listed German companies as new clients for the next two years over flawed work for Wirecard.
compliance, regulation, payments , fraud detection, digital identity, identity theft, digital verification, online security
Direct bank acquirer and international payment service provider, ECOMMPAY, has recently launched its first BNPL product exclusively tailored to travel businesses for online bookings.
travel payments, BNPL, instalment payments, product launch, credit card, credit scoring, QR payments, QR code, e-wallet, digital wallet, POS, online payments, payments
BNPL solution for travelling and retailing brands, Uplift, has recently announced a new partnership with cruise planning company Margaritaville at Sea to offer customers instalment payments on bookings.
BNPL, travel payments, online payments, instalment payments, credit scoring, partnership, COVID-19, pandemic, financial services, financial inclusion, mobile money
Fintech company EY has launched the EY Retail Intelligence solution that builds on the Microsoft Cloud to offer clients a fast and secure shopping experience.
product launch, partnership, customer experience, online payments, payment methods
The Cyberspace Administration of China (CAC) has reportedly planned to allow Didi to reinstate its ride-hailing and other apps into domestic app stores.
payments , commerce, regulation, digital payments, cybersecurity, compliance
Global fintech focusing on payments services, Worldline, has recently launched its in-house BNPL service to satisfy the increasing customer demand in the travel sector for BNPL products.
partnership, instalment payments, online payments, BNPL, merchant, merchants, travel payments, loyalty programme, ecommerce, cross-border payments, payments infrastructure, payment methods
US-based Buy Now, Pay Later solution Uplift has announced an exclusive partnership with Emirates airline for US and Canadian customers, allowing them to pay for their travels in instalments.
BNPL, partnership, online payments, credit scoring, instalment payments, instant payments, travel payments
UK-based payment provider Ecospend has enabled the clients of QR-code-based payment services app PENG to benefit from Open Banking services.
QR code, money transfer, QR payments, Request to Pay, Open Banking, Open Finance