Tagged: payments

July 27, 2025 @ 5:20 pm By Omar Faridi  |  

Citigroup has released a comprehensive report outlining its strategic vision to enhance remittance services across Asia. As Asia remains a critical hub for global remittances—accounting for a significant share of the $700 billion global market—Citi’s report highlights approaches to address consumer and business needs, leveraging… Read More

July 26, 2025 @ 1:36 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) continues to redefine the digital payments landscape with innovative solutions aimed at empowering merchants and bolstering consumer trust. Recent developments highlight PayPal’s commitment to streamlining commerce and enhancing security: an expanded partnership with Wix to deliver a unified payments experience, the launch… Read More

July 25, 2025 @ 8:47 am By Omar Faridi  |  

BNPL Fintech Klarna has been making strides this year to solidify its position as a key player in the flexible payments while streamlining digital commerce. With over 100 million active users and 720,000 retail partners across 26 countries, Klarna continues to enable product development, forging… Read More

July 24, 2025 @ 8:12 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for businesses, announced it has secured a Payment Service License in Israel. This milestone marks a step forward in Airwallex’s global expansion and underscores the company’s commitment to regulatory compliance and customer trust. With this license, Airwallex is… Read More

July 23, 2025 @ 9:29 pm By Omar Faridi  |  

Stablecoins, digital tokens pegged to stable assets like the U.S. dollar and issued on blockchains, are rapidly emerging as a transformative force in the global payments landscape. A recent report from Grayscale Research highlights their potential to revolutionize cross-border transactions, domestic payments, and interactions between… Read More

July 21, 2025 @ 5:11 pm By Omar Faridi  |  

On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law, marking a historic milestone for the cryptocurrency industry. This legislation establishes the first comprehensive federal framework for regulating stablecoins—digital currencies pegged to assets… Read More

July 19, 2025 @ 5:51 pm By Michael Wong  |  

Singapore-based digital content monetization platform Coda has signed a definitive agreement to acquire Amsterdam-headquartered prepaid payments firm Recharge, according to an announcement. The transaction brings together two regional leaders as part of a plan to expand global reach across business-to-business and business-to-consumer segments. The combined… Read More

July 16, 2025 @ 5:21 pm By Omar Faridi  |  

ICBA Payments, a subsidiary of the Independent Community Bankers of America (ICBA), announced the renewal of its four-decade relationship with Visa. Together, the organizations are deepening their efforts “to equip local financial institutions with the modern payment tools and support they need to grow and… Read More

July 16, 2025 @ 11:08 am By Omar Faridi  |  

IsraJets, a boutique private aviation company operating in the United States, Israel and Cyprus, has partnered with Airwallex, a global payments and financial platform for growing businesses. Through the partnership, IsraJets has adopted Airwallex’s financial infrastructure to “improve the speed and efficiency of its global… Read More

July 16, 2025 @ 9:40 am By Omar Faridi  |  

In an evolving financial services ecosystem, payment modernization has emerged as a critical focus for banks across the EMEA region. According to the latest Volante Technologies research report, The Big Survey 2025: Modernising Payments, an overwhelming 99% of EMEA banks plan to implement new payment… Read More

July 15, 2025 @ 10:12 pm By Omar Faridi  |  

ZBD, a Fintech creating a payment experience for interactive entertainment, and ClearBank, an enabler of real-time clearing and embedded banking, have announced a new partnership, coming on the heels of ZBD being granted an Electronic Money Institution (EMI) license in the Netherlands. ZBD was one… Read More

July 14, 2025 @ 9:52 am By JD Alois  |  

Checkout.com, a UK-based Fintech, is expanding its footprint with an expansion into Canada. The company is already operating in the US. The company added that it has also had a leadership “refresh.” Zack Levine has been appointed as Head of Revenue for North America (NORAM)…. Read More

July 14, 2025 @ 9:18 am By Omar Faridi  |  

We recently connected with Baxter Lanius, CEO and founder of Alternative Payments, to learn about how AI is modernizing B2B payment infrastructure, specifically in blue-collar industries that have long been overlooked by fintech. For background, Alternative Payments is focused on modernizing payment systems for managed… Read More

July 13, 2025 @ 5:25 pm By Omar Faridi  |  

Cobre, a firm supporting real-time business payments in Latin America, says starting in September, it will become the first participant in Colombia to enable instant interbank payments. As a long-time advocate of financial digitalization in Colombia, Cobre seeks to accelerate the interoperable real-time payment system… Read More

July 12, 2025 @ 6:06 am By Tony Zerucha  |  

FV Bank, a U.S.-licensed digital bank offering traditional and digital asset banking and custody services, has launched Virtual Account, a feature empowering businesses to automate and streamline the attribution of incoming international payments with unique, dedicated account numbers. With this feature, FV Bank customers can… Read More

July 8, 2025 @ 11:19 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Pay4You, a self-service payment portal, have announced a new partnership to deliver a tail spend management solution for corporations across Europe. This collaboration leverages Mastercard’s Virtual Card Network (VCN) technology, and guarantees card acceptance, “providing a seamless and efficient way for… Read More

July 8, 2025 @ 6:33 am By Omar Faridi  |  

Redpin, a global property payments platform backed by a £140 million Blackstone investment, has unveiled Redpin Payments, the solution built from the “ground up to bring security and certainty to international real estate transactions.” Redpin Payments seeks to provide Spanish real estate professionals complete control… Read More

July 8, 2025 @ 4:52 am By Omar Faridi  |  

European Payments Initiative (EPI), a digital payment alternative to for consumers in Europe, has announced five new members in Belgium. Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank will “prepare to roll out Wero, EPI’s digital wallet and instant account-to-account (A2A) payment solution, and… Read More

July 8, 2025 @ 4:47 am By Omar Faridi  |  

Curve, the digital wallet, announced deepening its collaboration with Thales, the global enabler of advanced technologies, “delivering secure payment solutions for financial institutions.” This partnership comes on the back of Curve launching Curve Pay on iOS, marking a key moment in mobile payments. This partnership… Read More

July 4, 2025 @ 9:15 am By Omar Faridi  |  

Klarna, the global digital bank and flexible payments provider, announced a strategic partnership with Bolt—the checkout, identity, and payments platform—to integrate Klarna’s flexible payment options directly into Bolt’s CheckoutOS. With customers increasingly seeking flexible payment solutions tailored to their needs, this integration empowers merchants to… Read More