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American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.
financial services, transactions , e-wallet, digital wallet
Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card
Open Finance company Brankas has signed a Memorandum of Agreement (MoA) with PeekUp Pay, to support the latter with instant disbursement in the PeekUp Driver app.
partnership, online payments, Open Finance, payments , customer experience, payout
We interviewed Incognia's CEO and Co-Founder, André Ferraz, to learn more about the company’s vision, innovation in location identity, and the crucial role a proactive approach to fraud prevention should play in business strategies.
digital identity, fraud detection, online fraud, fraud management, fraud prevention, location, account takeover, scam, marketplace, fintech, ecommerce, risk management, mPOS, gig economy, IOT
American ride-hailing company Uber has announced its collaboration with Mastercard and Payfare, aiming to launch the Uber Pro Card in Canada.
mobile payments, payments , partnership, cashback, cash management, gig economy
Akash Sinha, CEO and Co-founder at Cashfree Payments, discusses the numerous use cases of embedded payments for both businesses and end-users, as well as what customers should expect in 2024.
embedded finance, Open Banking Ecosystem, Open Banking payments, ecommerce, Gen Z, financial data, financial services, tokenization, data protection, API, fintech, cybercrime, SMEs, SaaS, BNPL
AI-powered payments network and shopping assistant Klarna has entered an agreement with CarTrawler to allow travellers to pay for their car rental with its payment options.
mobile payments, online payments, BNPL, travel payments, partnership
Irene Skrynova, Chief Customer Officer at Unlimit, discusses the culture of influencers and how they shape the future of digital payments for two generations – millennials and Gen Z.
gig economy, Gen Z, online payments, mobile payments, digital payments, travel payments, local payment method, ecommerce, trading platform, cryptocurrency, PSP, payment processing, payments
Gobal payment technology company Visa has introduced the Global AI Advisory Services Practice offered by its payments consulting arm.
generative AI, artificial intelligence, payments , product launch
Mobility and urban services platform inDrive has partnered with payments platform dLocal to simplify payment methods for drivers and riders in Brazil with a cashless solution.
partnership, product launch, cashless, payment methods, digital wallet, PIX, payout, marketplace, platform, paytech, P2P payments
Jovi Overo of Unlimit highlights the need for businesses to adapt to evolving customer needs, prompting non-financial companies to integrate financial services as value creators and new revenue sources.
embedded finance, BaaS, fintech, online payments, marketplace, loyalty programme
American ride-hailing company Uber has announced the introduction of package return services within Uber Connect for customers in the US.
online payments, mobile payments, product launch, delivery, online platform, ecommerce
Singapore-based Credolab has partnered with Circulo de Credito to provide innovative credit, risk, and fraud scoring solutions to Mexico.
financial inclusion, banking, fintech, financial institutions, credit scoring, credit access, machine learning
China-based Alipay has announced the launch of an international version of its app with customised services for overseas travellers to China.
product upgrade, mobile payments, payments , customer experience
Nigeria-based Moove has raised USD 76 million in a new funding round that will support its mission to transform financial services for mobility gig workers.
funding, investment, fintech, expansion
Capital A has announced a partnership with UnionDigital Bank involving its three key subsidiaries, AirAsia, airasia Superapp, and BigPay to better the travel booking experience.
partnership, payments , BNPL, embedded finance, fintech, paytech, financial inclusion, banking, travel payments, super app
Mastercard and Fabrick have expanded their partnership to develop Embedded Finance solutions to improve the digitalisation of businesses across Europe.
embedded finance, partnership, acquisition, digitalisation, API
Financial infrastructure platform for businesses Stripe has partnered with retailer Zara to process payments for its pre-owned clothing marketplace, Zara Pre-Owned.
partnership, payments , payment processing, fintech, paytech, payment methods, retail, ecommerce, financial services, sustainability , embedded payments, marketplace, online shopping
The Paypers analysed significant investments in the fintech industry for Q4 2022, which saw a surge in funding that surpassed pre-pandemic levels despite a global decrease from 2021. Funding rounds indicate a preference for paytech, super apps for ecommerce, and digital lending.
Open Banking, Open Finance, embedded finance, online payments, lending, cryptocurrency, investment, The Paypers Quarterly Analysis series