Search Results for: digital payment

September 28, 2024 @ 10:58 am By Omar Faridi  |  

KaiOS, the operating system that brings the best of the internet to affordable devices, announced a partnership with Mastercard (NYSE: MA) to integrate a range of digital payments solutions. Mastercard and KaiOS explained in a blog post that they will aim to deliver affordable payment acceptance… Read More

September 27, 2024 @ 2:36 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced several new product updates at its global enterprise customer event, Thrive, held in Barcelona, Spain. The company offers a suite of modular payment solutions “that help businesses reduce the complexity and cost of payment processing while increasing performance and… Read More

September 17, 2024 @ 9:01 am By JD Alois  |  

The Bank for International Settlements (BIS) and the Institute of International Finance (IIF) have selected CaixaBank to work on a project exploring digital payments. CaixaBank will collaborate with the Bank of England, the Bank of France, and others on the initiative. CaixaBank highlights that it is the bank with the… Read More

September 2, 2024 @ 4:53 pm By Omar Faridi  |  

Visa (NYSE: V), a digital payments company, announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, “offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and… Read More

August 29, 2024 @ 9:44 pm By Omar Faridi  |  

Fintech Pine Labs and Visa (NYSE: V), the enabler of global payments have come together to scale digital payments acceptance and further India’s vision of a digital economy by unveiling Pine Labs Mini, a soundbox-enabled device for QR, Near Field Communication (NFC) and card payments. The… Read More

August 25, 2024 @ 10:36 pm By Omar Faridi  |  

Digital payment trends are said to be picking up in Singapore with Gen Z leading shift, according to a report. Currently, two-thirds (68%) of Singapore’s Generation Z “prefer to pay with PayNow and close to 3 out of 10 use GrabPay (29%). New research by… Read More

August 25, 2024 @ 5:00 pm By Omar Faridi  |  

Global Fintech Thunes noted that the Philippines is swiftly emerging as a fast-growing digital payments hub in Southeast Asia, fueled by significant advancements in its financial sector. Thunes explained in a blog post that government initiatives, particularly from the BSP, have driven “a surge in… Read More

August 6, 2024 @ 2:55 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments market leader, announces a momentous first half of 2024, marked by achievements and industry accolades that underscore the company’s commitment to excellence and innovation in reducing friction in accounts receivable. Billtrust introduced new generative AI functionality, “enabling finance… Read More

August 4, 2024 @ 3:56 pm By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines has revised guidelines to bolster the settlement of digital payments, ensuring the integrity and efficiency of the country’s payment system. This move aims to adapt to evolving payment landscapes and enhance the operational… Read More

July 29, 2024 @ 5:26 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is poised to significantly advance the digital payments landscape in the country with the upcoming introduction of its Request to Pay (RTP) and Direct Debit facilities. Announced by BSP Deputy Governor Mamerto Tangonan… Read More

July 3, 2024 @ 9:00 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced a new client, Swiss4, providing real-time and personalised digital payment services for their customers. This is part of Swiss4’s recently launched application “that combines financial services… Read More

July 2, 2024 @ 12:38 pm By Omar Faridi  |  

Paxos, the regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to “offer digital payment token services as a Major Payments Institution.” The approval enables Paxos to “issue stablecoins… Read More

June 12, 2024 @ 7:21 pm By Omar Faridi  |  

In 2023—as economies fully reopened and travel resumed—Grab (NASDAQ: GRAB) says that its mobility business rebounded and their deliveries business showed remarkable resilience amidst rising inflation. Grab claims that they grew their user base. As of December 2023, 35.5 million people leverage their platform “to… Read More

June 7, 2024 @ 5:27 pm By Omar Faridi  |  

Majid Al Futtaim, a shopping mall, communities, retail, and leisure pioneer across the MENA region, announced a new partnership with Checkout.com, a global digital payments provider. The agreement will see the 15 million plus customers “that shop Majid Al Futtaim’s online stores each month provided… Read More

June 1, 2024 @ 11:31 am By Omar Faridi  |  

Moneris Solutions Corporation, a Canadian leader in innovative solutions for mobile, online, and in-store payments, has introduced Tap to Pay on iPhone in the Moneris Go app, enabling businesses of any size to accept digital payments simply and easily. Canadian businesses can now “accept in-person… Read More

May 27, 2024 @ 11:16 pm By Omar Faridi  |  

From e-wallets to neobanks, Türkiye’s (Turkey) financial institutions are accelerating fintech innovation, supporting greater connectivity to international markets, financial inclusivity at home and more economic prosperity for businesses. Thunes is a key payments player in Turkey’s ecosystem. Thunes says its extensive payments network in the… Read More

May 19, 2024 @ 5:58 pm By Omar Faridi  |  

SKUx, an enabler of digital instant payments innovation, announced it has signed an agreement with Visa (NYSE: V), a digital payments provider. The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies “that leverage SKUx’s payment-based offer solutions – supporting a… Read More

May 12, 2024 @ 7:09 pm By Omar Faridi  |  

Many countries have launched or are in the process of launching instant payment rails, which are transforming how payments are made and processed, the researchers at Juniper Research noted. However, one key limitation with national payment rails is “that they can only facilitate payments domestically,… Read More

May 5, 2024 @ 6:03 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments firm, has announced that Brian Daniell has joined the company as Chief Customer Officer. Committed to customer education and enablement, Brian will “oversee global customer operations and strategy and report to CEO Sunil Rajasekar.” He joins Billtrust at… Read More

April 24, 2024 @ 11:25 pm By Omar Faridi  |  

To accelerate its growth in the United States and its presence in the fast-expanding online gaming market, Thunes, a global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in… Read More