Consumers have come out in force again this Black Friday, while fraudsters have continued to target bargain hunters.  

In the UK, Visa saw an 11% increase in transaction volumes on Black Friday 2024 compared to Black Friday 2023. This is also an increase of 16% compared to an average Friday. Across the whole Black Friday/Cyber Monday weekend, spend was up 12% compared to last year. 

Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Beginning in January, Sympla and Yuno will be the first partners in the region to offer this innovative solution to their customers, followed by a wider roll out.

BlueSnap, a global end-to-end payment platform with unique payment orchestration capabilities for leading B2B and B2C businesses, today announced that it is a preferred payment partner for Zuora, Inc., a leading monetization suite for modern business. Since beginning the partnership in 2015, BlueSnap and Zuora have helped businesses unlock their subscription potential.   

Adapt to IRRBB and CSRBB regulatory demands while managing the impact of fluctuating interest rates and evolving customer behaviours for enhanced risk management and treasury profitability

Nuvei Corporation, the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for faster global settlement and reduced reliance on traditional payments rails.

Airwallex, a leading global payments and financial platform for modern businesses, is set to end 2024 on a high thanks to significant growth across its Europe, Middle East and Africa (EMEA) business. The EMEA unit saw revenue growth of 271 percent in Q3 2024, compared to Q3 2023, and 145 percent increase in transaction volume.

Mambu, a leading cloud banking platform, has announced the acquisition of Numeral, a French payment technology provider for banks and fintechs. 

The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established market player. 

Premier Bank, a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shari'ah-compliant debit, credit, and prepaid cards. This collaboration marks a significant milestone in delivering secure financial solutions, tailored to meet the diverse needs of Kenya’s population and the wider market.