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HPS Completes the Acquisition of CR2 Limited

HPS, a leading global provider of payment software and solutions, is pleased to announce the completion of the acquisition of 100% of the issued share capital of Ireland-based CR2 Limited ("CR2"), following the satisfaction of all the relevant customary regulatory conditions. The acquisition of CR2 by HPS was first announced on 24 May 2024.

Wednesday, August 28, 2024 - 14:20
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/news/infrastructure/hps-completes-acquisition-cr2-limited
Financial IT
Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector

Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursement services in the public sector.

Wednesday, August 28, 2024 - 13:53
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/news/payments/rellevate-announces-partnership-mastercard-advance-digital-payments-capabilities-us
Financial IT
Crypto: The Key to Unlocking Better Payment Efficiencies

As ‘Crypto Winter’ thaws, many financial institutions are still hesitating to engage with the many practical uses of crypto and blockchain technology in payments. It’s no surprise that Bitcoin and other cryptocurrencies became synonymous with wild market speculation and unregulated exchanges like FTX, so it’s understandable that financial institutions are extra-cautious about engaging with crypto in any form. 

Wednesday, August 28, 2024 - 12:43
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Financial IT
Ant International Joins the Hong Kong Monetary Authority’s Project Ensemble Sandbox

Ant International today announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on “Liquidity Management”, one of its four main themes. Launched in March this year, Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong.

Wednesday, August 28, 2024 - 12:36
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/news/financial/ant-international-joins-hong-kong-monetary-authoritys-project-ensemble-sandbox
Financial IT
Stripe Boosts Cross-Border Commerce in Asia with AI-Powered Payments

Stripe, a financial infrastructure platform for businesses, today gave an update on the growth of the internet economy in Asia, highlighting Stripe's expanded market coverage and AI-powered payments to support cross-border commerce. The updates were part of Stripe Tour Singapore, the company's annual product showcase in the region.

Wednesday, August 28, 2024 - 12:29
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/news/payments/stripe-boosts-cross-border-commerce-asia-ai-powered-payments
Financial IT
iFX EXPO Asia 2024

The final countdown to iFX EXPO Asia 2024 is officially in full swing as one of the world’s leading B2B online trading and fintech events is just around the corner, ahead of its return to Thailand. 

Wednesday, August 28, 2024 - 12:22
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/news/fintech-startups/ifx-expo-asia-2024
Financial IT
Linker Finance Secures $3.7M Seed Round from Industry Leading Investors

Linker Finance, a platform that empowers community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform, has successfully raised $3.7m in seed financing. The round is led by Ten One Ten Ventures and Chingona Ventures.

Wednesday, August 28, 2024 - 11:16
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Financial IT
Shift Closes $AUD35M Series D Equity Raise

Shift, a leading provider of credit and payment products to Australian businesses, announced today that it has closed an $AUD35 million Series D funding round, led by Peak XV Partners (formerly Sequoia Capital, SEA).  

Wednesday, August 28, 2024 - 11:11
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Financial IT
Visa Launches Money Movement Advisory Practice in North America

Visa, a world leader in digital payments, today announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and partners navigate the increasingly sophisticated money movement industry and capture opportunities that are estimated at $200T 1 globally.

Wednesday, August 28, 2024 - 11:00
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/news/consultancy/visa-launches-money-movement-advisory-practice-north-america
Financial IT
Axio Secures $20 Million Investment from Amazon SMBhav Venture Fund

Axio is pleased to announce that it has raised $20 million from the Amazon Smbhav Venture Fund. This significant investment marks a major milestone in Axio's mission to enhance credit accessibility for small and medium-sized enterprises (SMEs) in India.

Wednesday, August 28, 2024 - 10:54
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Financial IT

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