KOHO claims that it has always built products that help Canadians make financial progress. Now, with the launch of Rent Reporting, KOHO is “making healthy credit more accessible to all.” New and existing KOHO members “who pay rent through KOHO will have rent payments reported… Read More
Read more in: Fintech, Canada, Real Estate | Tagged credit history, koho, payments
Shri Shaktikanta Das, Governor of the Reserve Bank of India, touched on multiple topics pertaining to Fintech at a global conference entitled Digital Public Infrastructure and Emerging Technologies. Digital Public Infrastructure (DPI) and Emerging Technologies are expected to shape the futures of all economies, said… Read More
Read more in: Asia, Artificial Intelligence, Blockchain & Digital Assets, Featured Headlines, Fintech, Global, Politics, Legal & Regulation | Tagged cbdc, india, payments, rbi, reserve bank of india, Shri Shaktikanta Das
DNA Payments, a provider of payment solutions for the hospitality and food & beverage (F&B) sectors and a member of Oracle Partner Network (OPN), announced its Pay at Reception, Pay at Counter and Pay at Table solutions “are now available on Oracle Cloud Marketplace and… Read More
Read more in: Fintech, Global | Tagged dna payments, oracle parnter network, pay at reception, payments
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
Read more in: Asia, Fintech | Tagged fintech trends, payments, research, singapore, southeast asia
The Bank of Israel announces the issuance of an identification code to a second global fintech company that has chosen to operate in Israel as “a participant in a controlled payment system” – Revolut Ltd. Participants in the Israeli payment systems are “identified using a… Read More
Read more in: Fintech, Global | Tagged fintech adoption, israel, payments, revolut
Thera, a payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Angels in the investment round reportedly “include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon,… Read More
Read more in: Fintech, Global | Tagged funding round, payments, payroll, thera, y combinator
Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks. Laybuy, which ceased operations in June, is “set to make a reenergized return… Read More
Read more in: Fintech, Global | Tagged ai, klarna, laybuy, new zealand, payments
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Hotels.com. Now, approved guests can book accommodations and pay over time “with Affirm, helping more people book the trip of their dreams.” This builds on Affirm… Read More
Read more in: Fintech, Global | Tagged affirm, bnpl, pay over time, payments
Convera, a global firm focused on commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, which is said to be the worldwide ecosystem purposely built for the education sector. This solution aims to simplify cross-border payments… Read More
Read more in: Fintech, Global | Tagged ascent one, convera, embedded payments, payments
Skyfire Systems, Incorporated announced the launch of the payment network built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Skyfire creates an essential operating layer, “delivering critical missing components for AI commerce, including secure wallet… Read More
Read more in: Artificial Intelligence, Fintech | Tagged ai, automation, payments, skyfire
Switzerland’s SIX notes in a blog post that the market launch of instant payments in the European nation has been announced. As explained in the update shared by SIX, instant payments were “launched in the Swiss market on 20 August 2024.” Around 60 financial institutions… Read More
Read more in: Fintech, Global | Tagged payments, six, swiss national bank, switzerland
InvoiceASAP, a provider of invoicing as well as payment solutions for small and medium-sized businesses (SMBs), has reportedly partnered with global Fintech Adyen, the financial technology platform of “choice” for businesses, in order to level up their deposit experience by providing users with instant access… Read More
Read more in: Fintech, Global | Tagged adyen, financial technology, invoiceasap, payments
PXP Financial, the firm focused on global payment services announced its participation in the Zebra PartnerConnect program. Zebra Technologies says it is an innovator “at the front line of business with solutions and partners that create new ways of working.” PXP Financial joins as an… Read More
Read more in: Fintech, Global | Tagged financial services, payments, pxp financial, zebra partnerconnect
PayPal Holdings, Inc. (NASDAQ: PYPL) announced the strengthening of its global strategic partnership with Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to “accelerate guest checkout flows for its enterprise and… Read More
Read more in: Global, Fintech | Tagged adyen, fintech trends, payments, paypal
According to the UK Payment Systems Regulator (PSR), in 2023, approximately 4.5 billion transactions were made using the Faster Payments system. At the same time, over 252,626 cases of APP Fraud (APPF or authorized push payment fraud) were reported, totaling around £341 million. Other reports… Read More
Read more in: Fintech, Featured Headlines, Global, Politics, Legal & Regulation | Tagged app fraud, appf, fraud, mangopay, payments, payments systems regulator, psr, uk, united kingdom
Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More
Read more in: Fintech, Global | Tagged ai, klarna, payments, savings, spending
Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More
FIS (NYSE: FIS), a global firm focused on financial technology, announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a… Read More
Read more in: Fintech, Global | Tagged financial technology, fis, p2p payments, payments
Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, announced its integration as a payment method for U.S. merchants using Stripe. With the new integration, eligible merchants can easily enable Zip as “a payment method with a single click, which can help… Read More
Read more in: Fintech, Global | Tagged payments, stripe, zip
Global payments and financial platform Airwallex announced that it has surpassed $100 billion in annual processing volume, marking a 73% increase year-on-year. This growth is accompanied by an annual run rate revenue nearing $500 million and the achievement of cash flow positivity at the end… Read More
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