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Conotoxia has expanded its multi-currency card offerings by adding three new settlement currencies, namely RON, HUF and AED.
product upgrade, settlement, transactions , financial services
Visa and Mastercard’s proposed USD 30 billion antitrust settlement to cap credit and debit card fees for US merchants has been signalled to be declined by a US District judge.
regulation, settlement, interchange fee, merchant, SMEs, credit card, debit card
Russia plans to initiate its first cross-border payments using the digital ruble in the second half of 2025.
cross-border payments, digital payments, settlement, CBDC
Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).
Open Banking, digital payments, bank account, API, settlement
Google has agreed to delete billions of private browsing records in a lawsuit which claimed that the tech giant tracked the activity of people using Chrome’s incognito mode.
data privacy, data analytics, settlement, online security
The Global Overview of Payment Providers Report provides insights into the leading companies and trends in the field of payments.
report, ecommerce, digitalisation, merger, acquisition, investment, payment methods, payment gateway, PSP, merchant, marketplace, fintech, banks, crypto, FX , Acquirer, POS, payments , recurring payments, settlement, tokenization, payout, payin, payments orchestration, reconciliation, B2B payments, ERP, e-invoicing, factoring, chargebacks, fraud management, risk management, Virtual IBAN, embedded payments, embedded finance, KYC, KYB
US-based Visa and Mastercard have announced their legal settlement with US merchants, aiming to minimise and cap their credit card interchange rates.
settlement, payments , payment processing, merchants, SMEs
AI-enabled payments network and shopping assistant Klarna has announced the launch of an Open Banking-powered settlement in the UK.
Open Banking, banking, settlement, online banking, mobile banking
India-based digital payments app Paytm has partnered with private sector financial institution Axis Bank to support settlement of merchant payments.
partnership, payments , banking, KYC, settlement
Mastercard has launched a medical claim payment solution based on virtual card technology for healthcare and insurance providers in India.
virtual card, settlement, API, B2B payments, cash flow
The first cross-border settlement for precious metals using the digital yuan CBDC, known as e-CNY, was completed on 20 December 2023.
CBDC, digital currency, central bank, settlement, digitalisation
Eddie Lau, Co-CEO of Arta TechFin, reveals its solution for cash management for low balance retail investors in the HKMA’s e-HKD Pilot Programme.
DLT, tokenization, CBDC, stablecoin, settlement
Banking solutions provider NCR Atleos has made a reseller agreement with payments software company BHMI to resell the latter’s Concourse Financial Software Suite.
payment processing, chargebacks, settlement, ATM, POS
UK-based Open Banking platform Roqqett has launched Roqqett Pay to reduce online checkout time, offer instant gross settlements, and allow payments through their banking app.
Open Banking, mobile payments, online payments, checkout optimisation , settlement
Paytech company Kushki has become the first next-gen merchant acquirer in Latin America and includes primary membership with Visa and Mastercard in Mexico, Chile, Peru, and Colombia.
Acquirer, partnership, payments , paytech, transactions , payment processing, settlement, merchants, regulation, fintech
US-based Citi has announced that it successfully settled trades of China Asset Management on the Hong Kong Exchanges and Clearing (HKEX) Synapse platform.
trade finance, settlement, banking, online platform, fintech, financial institutions, financial services
The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).
central bank, settlement, banks, FX
Edward Dovey, Head of APAC at RTGS.global, sheds light on the role of faster, more affordable cross-border payment solutions and understanding the de-dollarisation trend.
cross-border payments, cross-border logistics, CBDC, digital currency, settlement, financial institutions, FX , central bank
The Pan-African Payment and Settlement System (PAPSS) has signed Memorandums of Understanding with five African multinational commercial banking groups.
partnership, banks, settlement, payments
Cindy Turner, Vice President and General Manager, PayPal Braintree, discusses the efficiency of payment orchestration when it comes to simplifying integrations and empowering businesses to focus on growth, while also focusing on exceptional customer experience.
payments orchestration, merchant, online payments, digital payments, payments infrastructure, fraud prevention, reconciliation, settlement, PCI compliance, compliance, PSP, local payment method, checkout optimisation , payment methods, authorisation rate