Tagged: payments

MoneyHash Focuses on Business Operations in Bahrain via EazyPay Partnership

MoneyHash, the payment orchestration platform focused on emerging and global markets, entered a partnership with Eazy Financial Services (EazyPay), a Central Bank of Bahrain-licensed payments platform and acquirer enabling companies across the Middle Eastern Kingdom of Bahrain and boosting access to payment channels for merchants…. Read More

Legacy Payment Systems Leave Banks Exposed to Fintech Disruptors : Analysis

Banks’ outdated payment infrastructures are increasingly handing market share to faster-moving fintech competitors. As merchants and customers demand seamless digital experiences, real-time processing, and embedded finance options, legacy systems—built for batch processing and slower rails—create bottlenecks that hinder innovation and responsiveness. Industry professionals warn that… Read More

PayPal Struggles with Slow Checkout Growth Amid Competition from Other Fintech Platforms

Consumers are increasingly bypassing the PayPal (NASDAQ:PYPL) option at checkout, creating a pressing challenge for one of California’s most prominent fintech companies. Once hailed as the innovator that made online payments seamless and secure, PayPal now finds itself losing ground in a crowded digital wallet… Read More

BNPL Fintech Klarna Commits to $1.7B Transaction Supporting Up to $40B+ of Lending,

Klarna (NYSE:KLAR), the global digital bank and payments innovator, has unveiled two strategic funding initiatives in quick succession to enhance its capital efficiency and accelerate growth in key markets. These arrangements highlight the Fintech company’s ongoing efforts to optimize its balance sheet while scaling flexible financing… Read More

Digital Payments Provider Checkout.com Focuses on APAC Region, Enters New Partnerships to Enhance Operations

Checkout.com is solidifying its position as a key player in digital payments, reporting steady expansion across the Asia-Pacific region alongside new technological collaborations that aim to streamline operations for large-scale businesses and simplify experiences for international travelers. The Fintech company’s latest developments highlight its ability… Read More

Indonesia, South Korea Launch Cross-Border QR Payments in Local Currencies

Bank Indonesia and the Bank of Korea have launched a cross-border QR payment link that allows Indonesians to pay in South Korea using QRIS through their domestic mobile apps, in the latest push by Asian central banks to build faster and cheaper regional payment networks…. Read More

OpenFX Raises $94M Series A

Alexander Hamilton Money Dollars USD

OpenFX, the FX infrastructure company targeting the rails powering cross-border money movement, has raised $94 million in Series A funding from Accel, Atomico, Lightspeed Faction, M13, Northzone, & Pantera. Founded in 2024 by FalconX co-founder Prabhakar Reddy, OpenFX connects traditional banking systems with digital-native infrastructure,… Read More

Billtrust Study: Tariffs, Slow Payments Force Corporate Belt Tightening

Results of a study from Billtrust find that rising costs, slowing customer payments, and ongoing tariff pressures are causing finance leaders are fundamentally reengineering their strategies to stay resilient. Navigating Economic Headwinds: Why Cash Generation Has Become the Ultimate Competitive Edge in 2026 surveyed 550… Read More

Rain, Episode Six Confirm Paytech Partnership

Rain, the enterprise-grade infrastructure for stablecoin-powered payments, is partnering with Episode Six, a payment technology company and card issuer processor. Episode Six will serve as a key processing partner for Rain’s credit, debit, and prepaid card programs. The initial focus is on Asia-Pacific (APAC), where… Read More

Flutterwave Secures Nigerian Banking License

Flutterwave, an African payments technology company, has secured a Nigerian banking license. It enables the company to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises. Historically,… Read More

Legacy Payments are Failing UK Businesses, Commercial VRPs Could Improve Operations, Report Claims

Traditional payment methods are proving unsustainable for many UK companies, according to fresh research from bank payments Fintech GoCardless. The findings indicate that outdated systems are dragging down revenue, efficiency, and customer relationships, while a growing number of firms view the forthcoming commercial Variable Recurring… Read More

European Central Bank Publishes Comprehensive Payments Strategy

Europe has established a “comprehensive payments strategy.” Shared by the European Central Bank (ECB) this week, the goal is to support the four ambitions: to ensure the effectiveness of monetary policy, financial stability, and the smooth functioning of payment systems by maintaining the role of… Read More

Wirex, Ultra Stellar Launch Payment Infrastructure

Wirex, a stablecoin payment infrastructure provider, and Ultra Stellar, the company behind Stellar’s largest wallet LOBSTR and leading decentralized exchange StellarX, have launched a native Stellar payment infrastructure, built directly on Soroban, Stellar’s smart contract platform. Both companies will continue to co-develop and expand the infrastructure,… Read More

Overdue Invoices Now a Major Challenges for SMEs, Report Claims

A recent study from Bluevine, a digital banking platform for small and medium-sized businesses in the United States, underscores how overdue invoices have evolved from a minor nuisance into a major threat to operational stability. Released recently, the research report draws from responses by 1,052… Read More

Businesses Struggle to Adapt as Late Payments Surge, Tariffs Reshape Costs, Report Reveals

In a new report released on March 31, 2026, Billtrust—a provider of accounts receivable automation and payment solutions for business-to-business transactions—sheds light on how finance teams are adapting to mounting economic challenges. The analysis draws on input from 550 finance leaders navigating an unpredictable landscape… Read More

Swift Advances Blockchain Shared Ledger to Pilot Phase for 24/7 Global Payments

Swift has moved its blockchain-powered shared ledger from the planning stage into full-scale development, marking a significant step toward modernizing international finance. The organization recently finalized the blueprint for this initiative and is now constructing the initial operational version, known as the minimum viable product… Read More

European Central Bank (ECB) Releases Payments Strategy for Eurosystem

The European Central Bank (ECB) has published its new holistic payments strategy for the Eurosystem, responding to the swift pace of digitalisation and breakthroughs in technologies such as distributed ledger technology and tokenization. The plan sets out a clear dual-track vision: upgrading today’s payment systems… Read More

Clearhaus Introduces Payment Facilitation Solution

Danish acquiring company Clearhaus is introducing a payment facilitator solution that allows licensed businesses across Europe to manage payments directly for merchants using their platforms.  As part of the European payment group Unzer, Clearhaus enables technology firms, online marketplaces, and other licensed businesses to onboard… Read More

Singapore’s Tazapay Secures $36m Series B to Expand Cross-Border Payment Rails

Singapore-based payments infrastructure provider Tazapay has closed a Series B extension led by Circle Ventures, bringing its total Series B funding to $36 million. The funding comes as the startup looks to expand its regulatory licenses and scale cross-border payment services across emerging markets. New… Read More

UK’s Payment Systems Regulator (PSR) to Prioritize Reductions in Excessive Card Fees

The UK’s Payment Systems Regulator (PSR) has outlined an agenda for the 2026/27 financial year, prioritizing reductions in excessive card charges, robust safeguards against authorized push payment (APP) fraud, and broader advancements in competition and innovation within the UK’s payment systems. Released on 26 March… Read More

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