Flutterwave, Africa’s leading payment technology company, today announced it has received an approval-in-principle for its payment aggregator license from the Central Bank of Mozambique. This license enables Flutterwave to offer its comprehensive payment services within Mozambique and strengthen its operations in southern African markets.

Form3, the cloud-native account-to-account platform, today announces that Currencycloud, a Visa solution focusing on simplifying business in a multi-currency world, has selected them  to provide account verification technology to support Confirmation of Payee (CoP) activity, designed to reduce fraud in the UK.

Mastercard has joined forces with HSBC Middle East to launch Mastercard Wholesale Program in the region. The move marks the continuation of a long-standing strategic partnership between the two companies and aims to advance automation of buyer and supplier payments for HSBC’s travel merchant customers.

Nexi, the European PayTech, now enables merchants in Italy to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone. It will continue to expand the availability of Tap to Pay on iPhone to its customers in Europe where the service is available.

PayPoint announced a £1 million investment in Aperidata Ltd, an innovative consumer and business credit reporting and Open Banking platform. The deal will see the PayPoint Group building on an existing commercial partnership between the two companies delivering Open Banking solutions for clients across multiple sectors, including government, local authorities, charities, and housing associations.

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company's consumer value proposition. Mark Grether will join on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined as SVP, General Manager, Consumer Group. Grether and Anderson will report to Diego Scotti, EVP, General Manager, Consumer Group and Global Marketing & Communications. 

Worldline, a global leader in payment services, has signed a contract with Banque Raiffeisen, making them Worldline's first client on its cloud-based instant payments solution in Luxembourg. Worldline already works closely with Banque Raiffeisen, providing services including Clearing and Settlement of SEPA Credit Transfers, Issuing Processing and ATM Acquiring.

Viva.com, Europe’s first acquirer powering payments on any device in 24 markets, now enables Italian merchants to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone and its viva.com | Terminal iOS app. Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the viva.com | Terminal iOS app, with no additional hardware or payment terminal needed.

Currencycloud, experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.

Global insurance intermediary group Howden has selected leading software provider AutoRek to boost the efficiency of key back-office processes through intelligent automation.