The number of contactless payments in Canada increased by 17% in 2023 to reach 68% of all in-store payments, according to the recently released Canadian Payments Forecast, 2024, published by Technology Strategies International Inc. The value of contactless payments increased by more than $80bn over the year representing a year-on-year growth of 20%.

A new tool, designed to help retailers derive deep insights into the payment behaviour of their customers has been launched byComputop the international payment service provider (PSP). Computop 360 Professional monitors transaction data that allows merchant systems and payment flows to be optimally coordinated.
 
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Revolut’s founder, Nikolay Storonsky, has reportedly sold a stake worth £200 million in the fintech giant, according to sources familiar with the matter. The sale, led by D1 Capital Partners, Tiger Global, and Coatue, involved the secondary sale of employee shares, aimed at providing liquidity for the company’s staff. This transaction brought Revolut’s overall valuation to $45 billion.

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today announced that major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

Metro Bank, the UK's community bank, has entered into a long-term collaboration with Infosys, a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank's business operations.

Airtel Payments Bank today announced the appointment of Amar Kumar Kakarlapudi as its new Chief Compliance Officer. In this role, Amar will play a crucial part in further strengthening the Bank’s compliance framework and ensuring seamless alignment with regulatory and statutory requirements. 

Treasury4, an enterprise software platform offering modern tools for treasury and finance practitioners, announced today that it has joined the 

Aro, the UK’s go-to embedded finance partner for brands, has today unveiled Aro Precision – a new service designed to enhance lender capabilities with advanced fraud prevention, optimised affordability checks, and superior marketplace data.

The U.S.

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, and Chainlink Labs, the primary contributing developer of Chainlink—the essential infrastructure for the t