In a significant step towards enhancing financial accessibility in Lebanon, TerraPay, a global money movement company, has partnered with Suyool, a licensed financial ecosystem regulated by Banque du Liban. This collaboration is set to transform how Lebanese residents send and receive money, addressing the pressing demand for fast, secure, and convenient remittance services.
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Klarna, the AI powered global payments network and shopping assistant, and John Lewis & Partners have partnered to bring Klarna to JohnLewis.com and the John Lewis app.
John Lewis’ customers can now choose to check out with Klarna’s interest-free Pay in 3 product allowing shoppers to spread the cost of their purchases over 60 days. The first payment is made at the time of purchase, followed by two subsequent payments at 30-day intervals.
Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets. With Mastercard Pay Local, resident cardholders or international travelers can easily link their credit or debit cards to a digital wallet and immediately shop at participating merchants, without needing to set up or top up a prepaid account.
payabl., one of Europe’s financial services providers, today announced that it has appointed Marios Tsiailis as its new Group CFO. With a strong track record in professional services, where he excelled in corporate finance and strategic planning, Marios steps into this role to drive initiatives aimed at optimising payabl.’s financial framework and fostering sustainable growth.
Plumery, a digital banking experience platform for true customer-centric banking, today announced a new partnership with Payment Components, a leader in payments and open banking solutions. By decoupling digital experience and payment processes from legacy systems, institutions can now innovate more flexibly and efficiently, streamlining operations while maintaining their existing core banking frameworks.
MeaWallet, a leading digital payments enabler specialising in card tokenization, today announced several updates to its products in support of Click to Pay. The Click to Pay payment method is designed to deliver a seamless and secure online payment experience, enhancing both convenience and speed for consumers and merchants.
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators and banks to develop and launch Scam Signal, a new solution to help address Authorised Push Payment (APP) fraud in the UK. Scam Signal is launching as a collaboration between mobile network operators EE, Virgin Media O2, Three, Vodafone and UK Finance members, including NatWest, participating on behalf of the banking industry.
FINOM, the leading European digital financial services platform for SMEs and entrepreneurs, announces the appointment of Peter De Caluwe and Frank Stockx to its Supervisory Board. These strategic additions mark FINOM’s steps in institutional development and regulatory governance.
R3, the financial markets digital solution provider, announces the appointment of Andy Mosson as Head of Sales and Presales. In this role, Andy will report to Kate Karimson, R3’s Chief Commercial Officer, and will be responsible for driving sales, enhancing business development efforts and managing client relationships, while also playing a key role in expanding R3’s expertise in capital markets.