• Rapidly growing crypto platform engages Worldpay from FIS as a blockchain validator and will utilize the company’s payment gateway and global acquiring services to support continued global expansion.
• Worldpay will process card-based purchases and sales of cryptocurrencies for Crypto.com.
• Worldpay is an experienced Card-to-Crypto processor, which provides services for 4 of the top 5 cryptocurrency exchanges.

Kiwibank has taken the next step in delivering real-time experiences for its customers, after entering into a strategic partnership with ACI Worldwide, a leading global provider of real-time digital payment software. (https://www.aciworldwide.com/about-aci)

• The funding round included Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, App Works, alongside investors who have invested in Robinhood, Coinbase, and similar models in other markets
• Infina, dubbed the ‘Robinhood of Vietnam’ aims to democratise investing in Vietnam, making it easy for anyone to start investing from just USD$22 with minimal risk 

• New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion 
• Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards

There has been an increasing buzz in the market in the past 12 months around the topic of environmental, social and governance (ESG) reporting.  But what’s driving this and why should CFOs and Finance executives care about it?  

ESG Reporting is Rising in Prominence

Merchants can link their account to TikTok and grow their business via integration

Lightspeed Commerce Inc., the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that Lightspeed eCommerce merchants using the recently acquired Ecwid integration can sell to consumers directly through TikTok.

New FICO data reveals potential for increased debt risk as missed payments rise at the same time as spending takes its usual seasonal upturn

Highlights

• Overall card spend continues to increase – December 2022 £63 higher than in pre-pandemic December 2019

• Average active balance also continues strong upward trend - £1,550 in December

Just as mobile banking disrupted traditional payments systems, new retail trading tools could democratise financial trading and put millions of traders in emerging markets on the economic map. A lack of legacy financial institutions and infrastructure along with widespread mobile money penetration are driving a wave of fintech innovation across the developing world.

PHP is a scripting programming language. The code interpretation and its operation is done on the server side. It supports object-oriented application execution techniques. It was created by Danish-Greenlandic programmer Rasmus Lerdorf. It was intended to facilitate the creation of dynamic web pages. Later it became open source software with a BSD-style license. The ability to work with various types of web servers and database engines contributed to the development of this technology and its popularity.