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US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
product launch, BNPL, credit card, payment methods, expansion
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
J.P. Morgan Chase has announced the launch of a new unit entitled Chase Media Solutions, in order to allow advertisers to target customers based on spending data.
product launch, payments , adverse media, banks, online banking, mobile banking, digital banking, financial services, financial institutions
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
US-based trading app Robinhood has announced its new Gold Card, a credit card that features a minimum of 3% cashback on all purchases.
credit card, cashback, product launch, trading platform, financial services
US-based financial institution TD Bank has announced the launch of TD Complete Checking and TD Early Pay, aiming to simplify and improve the banking experience.
product launch, online banking, digital banking, customer experience, mobile banking
The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments
instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance
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
We had the chance to talk to Ani Sane, Co-Founder and Chief Business Officer of TerraPay, who shared insights into the most pressing challenges and the future of B2B payments.
cross-border payments, ecommerce, B2B payments, marketplace, digital wallet, fintech, banks, FX
India-based cryptocurrency wallet SafePal has launched an in-app banking gateway and a Visa card following an investment in Swiss bank Fiat24.
cryptocurrency, investment, partnership, digital wallet
Racami, a technology solutions provider, has unveiled its Tenant Payment Portal (TPP), a digital payment system aimed at revolutionising the processing and management of rent and housing-related fees.
TPP, online security, online payments, mPOS
Digital bank Revolut has launched Revolut Ramp, a crypto offering in the UK and EEA, and partnered with custodial wallet MetaMask to facilitate crypto purchases.
cryptocurrency, KYC, web3, product launch, checkout optimisation
Ron van Wezel, Strategic Advisor in Retail Banking & Payments at Datos Insights, discusses how payment orchestration can help merchants optimise payment processing.
cross-border payments, ecommerce, payments orchestration, merchants, payment gateway, PSP, tokenization, real-time payments, risk management, compliance
American Express has launched a new offering in the UK named Plan It that allows credit Cardmembers to pay off purchases in instalments.
product launch, instalment payments, credit card, payments
Mark Beresford, Director at Edgar, Dunn & Company (EDC), discusses the changes in the payments industry resulted from the adoption of the DMA in Europe, exploring the main benefits for both consumers and merchants.
European Commission, European Payments Council, regulation, payments , payment gateway, compliance, loyalty programme, transactions , merchant, NFC, credit card, debit card, e-wallet, mobile payments, mobile money, marketplace, online payments, contactless payments, digital payments, PCI compliance, PCI DSS, EMVCo
Europe-based softPOS provider Softpay has announced that its tap-to-phone solution now supports Dankort wallet payments on iOS, aiming to improve payments in Denmark.
contactless payments, mobile payments, payment methods, Tap-to-Pay, Apple Pay
Swapnil Mengawade from Optimus Fintech discusses the evolution of financial operations and the rise of Generative AI, highlighting its transformative potential for efficiency and innovation in managing financial data.
fintech, operational system, digitalisation, artificial intelligence, real-time payments
Canada-based Lightspeed Commerce has announced the launch of a combination of new product features and upgrades that aim to support retail and restaurant customers globally.
mobile payments, contactless payments, POS, retail, customer experience
The Consumer Financial Protection Bureau has proposed new rules to block FIs from adding fees on transactions declined right at the swipe, tap, or click.
regulation, compliance, financial institutions, transactions