payabl., one of Europe’s leading PayTech companies, today reveals that instant payments is the top revenue growth driver in the payments sector, ahead of digital wallets, reward schemes, fraud and risk management and rising interest rates. Overall sentiment revealed clear excitement about the future of the industry despite regulation being perceived as one of the biggest challenges impacting growth and innovation in the global payments sector.
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Nium, the global leader in real-time cross-border payments, today announced a partnership with BS2, a digital bank in Brazil specializing in fintech solutions for businesses. BS2 will use Nium's Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE.
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a partnership with BDSwiss for Person Match and Watchlist Screening capabilities across EMEA, Asia and the Americas.
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today announced its Q1 2024 business performance results and the launch of its Summer Edition product release that brings flexibility to the way companies manage spend. Q1 saw revenue growth of 86% YoY, largely driven by the fintech’s focus on customisation to meet the complex and increasingly global challenges of finance teams at major enterprises.
Mangopay, the modular and flexible payment infrastructure provider for platforms, reinforces its commitment to the Spanish entrepreneurial ecosystem, announcing partnerships with three fast-growing businesses including Filmo, Kuarere and Webel. The agreements with these three new Spanish platform clients increases Mangopay's presence in sectors including media, entertainment and home delivery services.
Issuer processing powerhouse Enfuce today announces a groundbreaking partnership with Síminn Pay, the fintech arm of Síminn, the largest telecom service provider in Iceland. Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster, to help its commercial clients reduce their carbon footprints.
Mastercard has launched a new program designed to support fintechs across Western Europe to prosper.
‘Mastercard For Fintechs’ will equip fintech’s with the tools and expertise to drive ongoing growth and propel them to the next level; offering exclusive access to Mastercard’s dedicated fintech learning platform, participation in a series of fintech events across countries in Western Europe and the opportunity to compete for the chance to win 50,000€.
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital for cash-reliant UK consumers.