PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability “for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management.”… Read More
In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a partnership with Alfardan Exchange. Based in Qatar, Alfardan Exchange provides exchange services as well as commodities like gold and coins. This collaboration aims to leverage TerraPay’s advanced digital… Read More
Read more in: Fintech, Asia, Global | Tagged payments, qatar, remittances, terrapay
Finastra announced that Jefferson Bank, an independent bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services. The cloud-based payments solution will “help Jefferson Bank to efficiently deliver both RTP TCH and FedNow services 24/7,… Read More
Read more in: Fintech | Tagged banking, finastra, fintech adoption, payments
Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More
Read more in: Asia, Fintech | Tagged Digico, fintech, online payments, payments, Philippines, PLDT
Stripe, a financial infrastructure platform for businesses, announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz explains that it will aim to “unify the majority of its in-person and online payment volume onto Stripe… Read More
Read more in: Fintech, Global | Tagged hertz, payments, stripe
Bluwhale, an AI Web3 startup based in the San Francisco Bay Area, has secured a $7 million seed funding round to revolutionize the way companies connect with consumers through blockchain technology. The round was led by SBI, with contributions from both SBI Ven Capital and… Read More
Read more in: Blockchain & Digital Assets | Tagged Bluwhale, funding round, han jin, payments, sbi
Chris Gilderson, Head of Retail and Hospitality at PXP Financial recently shared his views and insights with Crowdfund Insider. The retail payments landscape is dynamic and fast-paced, and innovation is snowballing. From cryptocurrencies to buy now, pay later, disruptive tech is transforming consumer experiences and… Read More
Read more in: Fintech, Featured Headlines, Global, Opinion | Tagged chris gilderson, contactless, interview, payments, pxp financial
Simon Taylor, an experienced Fintech strategist, notes that the latest Fintech results season is witnessing Wise (LSE:WISE) really “hitting its stride.” As HSBC competitor Zing launches, Wise revenue is “up 23% YoY and its above its IPO price.” Simon Taylor has examined why Wise revenuers… Read More
Read more in: Fintech, Global, Opinion | Tagged europe, fintech adoption, insights, payments, perspective, uk, united kingdom, wise
Currencycloud, a Visa solution and the specialists in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to “provide a full suite… Read More
Read more in: Asia, Fintech, Global | Tagged currencycloud, payments, singapore, virtual payments
In a move to promote the widespread adoption of Web3, Wert, the payment solution provider facilitating fiat payments in the Web3 space, has broadened its card acceptance capabilities in collaboration with Worldpay, a globally recognized payment processor. This expansion encompasses the “inclusion of JCB, American… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged digital transactions, payments, Web3, wert
DailyPay, a launching partner for Visa+, announced that the innovative new service is available to DailyPay’s millions of users nationwide. Launched in late 2023, the mission of Visa+ is to create “an interoperable future, where paying across services is as seamless as using any one… Read More
Read more in: Fintech | Tagged dailypay, fintech trends, payments, visa
Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More
Read more in: Asia, Fintech | Tagged ant group, china, fintech, online payments, payments
Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be “able to send money to their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions.” The agreement encompasses… Read More
Read more in: Fintech, Global | Tagged payments, visa, western union
Klarna, a global payments provider, has announced its significant sustainability achievements from the past year. In 2023, Klarna claims it saw “a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping,… Read More
Read more in: Fintech, Global | Tagged climate, klarna, payments, sustainability
Nium, the enabler of real-time cross-border payments, announced its partnership with Secret Escapes, which claims to be one of the world’s leading luxury travel and experiences companies, to deliver enhanced payment services for its global network of hotel partners. Secret Escapes partners with trusted providers… Read More
xpate, a frontrunner in the e-commerce payment solutions sector, announces its migration to Mambu’s cloud banking platform, marking an advancement in its service offerings across Europe. This transition signifies xpate’s commitment “to deploying a robust, scalable architecture that promptly adapts to evolving market demands and… Read More
Read more in: Fintech, Global | Tagged banking, cloud, e-commerce, emea, europe, fintech adoption, mambu, mike shafro, nick lawler, payments, xpate
TrustCommerce, a Sphere company and a provider of end-to-end integrated healthcare payments and security software, announced that it is adding PayPal (NASDAQ:PYPL) and Venmo, in the U.S., to its healthcare-focused payments platform, enabling providers to offer patients additional flexibility and modern payment options. Through this… Read More
Read more in: Fintech | Tagged fintech trends, healthcare, john welch, payments, paypal, trustcommerce, venmo
Airbase, the procure, pay, close software to stop uncontrolled spend, announced a strategic collaboration with Sardine, the firm focused on behavior-based fraud management. This partnership underscores a shared commitment to “enhancing customer financial security against a backdrop of soaring vendor and payment fraud.” Soups Ranjan,… Read More
Read more in: Fintech, Regtech & Legaltech | Tagged airbase, fraud management, payments, procure, sardine, software, spend management
PPRO, the local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. Through these new appointments, PPRO is bolstering… Read More
Read more in: Fintech, General News, Global | Tagged compliance, legal, marc kuzak, massimiliano conte, motie bring, payments, PPRO, selene brett
Mox has partnered with Wise Platform in order to launch low-cost and transparent international payments. Wise (LSE:WISE) confirmed in a blog post that it is launching its new collaboration with Mox Bank Limited, a virtual bank in Hong Kong. With this integration, Mox customers can… Read More
Read more in: Asia, Fintech, Global | Tagged digital banking, hong kong, international payments, jayant bhatia, mox, mox bank, payments, samarth bansal, wise
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