The Center for Corporate Technologies (CCT), part of the Paymob Group, has become a Visa Ready Certified partner after developing Tap to Phone technology which can turn any Android smartphone into a contactless payment terminal.

This cost-effective technology enables businesses to accept contactless payments anywhere, any time via an app which they can download to their tablet or mobile phone. After registering and selecting their participating bank, the sellers can start accepting contactless payments in just a few minutes.

Financial services mobile platform DinarPAY has announced its partnership with global cloud communications provider Infobip, using its WhatsApp Business API and SMS offerings to deliver payments updates to thousands of customers across the globe. 

Reliable information on investment restrictions, especially in the context of cross-border banking, has become a crucial factor for wealth managers in order to comply with mounting regulatory requirements. Avaloq, a global leader in digital banking solutions, is therefore integrating Investment Navigator’s advanced reg-tech (regulatory technology) offering into the newly launched Avaloq Wealth Platform.

Moorwand, a BIN sponsor and issuer that transforms compliance into an enabler of innovation, today announced that it has been selected by deVere Group to provide issuing services and BIN Sponsorship for Vault, its multi-currency Mastercard, across 14 different European markets.

Icon Solutions, the specialist provider of world-class payment solutions and consultancy services, today announced a strategic investment from J.P. Morgan.

Thanks to evolving consumer shopping behaviour, the rate of alternative payment adoption is continuing to move at lightspeed. Following the nation-wide lockdown earlier this year, the shift to online shopping continues to accelerate, and with it the use of alternative payment methods (APMs), such as mobile payments, bank transfers, pay later schemes and e-wallets.

Fintech scale-up Pleo, which offers a simplified expense management tool and smart credit cards, today launches Pocket: a new way to track money owed between a company and its employees.

Galileo Platforms, a specialist blockchain technology platform for the insurance industry, has become the first company to have its advanced blockchain platform used by an insurer as its core policy administration system with Singlife's launch in the Philippines.

Superscript, the business insurance challenger, has announced a new £8.5 million fundraise, led by existing investor, BHL Holdings, alongside investment from the Government's Future Fund, Seedcamp, Concentric and the London Co-Investment Fund.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, announced that Volt, Australia's first neobank, has partnered with TCS to power Volt 2.0, its next-generation Banking as a Service (BaaS) platform.