Study: More Than Half of the World’s Population will use Mobile Wallets by 2025
Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years
Mastercard SpendingPulse: U.S. Retail Sales Grew 11.0%* Year-Over-Year in June
- 3 years 11 months ago
- Payments
Retail sales see double-digit growth above 10%* compared to June 2019
InTouch Has Announced a Strategic Partnership with CFAO Group
- 3 years 11 months ago
- Payments
InTouch, an African payment solutions and digital services aggregator founded in Senegal in 2014, announced today a strategic partnership with CFAO Group. The move comes as part of a capital increase through which CFAO will co-invest in Touch with Mobility54, a corporate venture capital fund created in partnership with Toyota Tsusho Corporation in 2019 to focus on Africa's mobility sector. Established InTouch investors TotalEnergies and... more
1LINK, Cydea Tech and Skurio Join Forces to Improve Cybersecurity in the Pakistan Finance Sector
- 3 years 11 months ago
- Payments, Cybersecurity, IT Innovations
Skurio, the UK Digital Risk Protection company, today announced the roll out of a new collaborative Cyber Threat Intelligence solution in Pakistan in partnership with 1LINK and CydeaTech.
BCR Grant Winner Funding Xchange Leads the Drive Towards SME Lending Digitisation with the Launch of FXE Technologies
- 3 years 11 months ago
- Lending, Open Banking, Payments
Funding Xchange has been a leading provider in the digital assessment of SME lending applications since 2014. Leveraging this experience, Funding Xchange has created a platform which delivers assessment of eligibility and affordability across products. FXE Technologies makes these digital solutions available to banks and lenders to instantly triage customers against underwriting models while transforming customer conversion and engagement.
Ebury Appoints Anne-Sophie Mathieu as Country Manager of France
- 3 years 11 months ago
- Payments, Financial, People Moves
Anne-Sophie joins from Crédit du Nord Group and will lead Ebury’s activities in France Appointment reflects Ebu2ry’s ambitions in the French market following its partnership with La Banque Postale, and continued international expansion Ebury, a leading global FinTech, has announced the appointment of Anne-Sophie Matthieu as the new Country Manager of its French division.
Barclaycard Payments Extends E-commerce, Leisure and Hospitality Offering withNew Partners WellnessLiving and Tevalis, whilst Strengthening ties with BigCommerce
- 3 years 11 months ago
- E-Commerce, Payments
New partnerships with WellnessLiving and Tevalis will allow merchants to take payments through a trusted, secure and compliant platform This will also help businesses deliver seamless online and in-store checkout experiences, which is critical as the economy reopens In addition, Barclaycard Payments extends its partnership with BigCommerce, to offer a faster, digital on-boarding service to small and medium-sized businesses
EQONEX Partners with Intelligence Squared to Launch a Series of Crypto Debate
- 3 years 11 months ago
- Asset Management, Cryptocurrencies
Intelligence Squared launches a special series of debates titled “Intelligence Squared Crypto: Debates Within Cryptocurrency”, in partnership with EQONEX Group, the Nasdaq-listed digital asset financial services company.
MultiPay Group Continues Nordic Expansion with Appointment of Regional CTO and Sales Director
- 3 years 11 months ago
- Payments, People Moves
Fintech industry veterans join a growing team as global payment provider opens new regional headquarters
Study: More Than Half of the World’s Population will Use Mobile Wallets by 2025
Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years Latin America and Africa & Middle East are the second and third fastest growing regions, set to expand by 166% and 147% respectively by 2025 Between 2020 and 2025 the number of mobile wallets transacting over USD $1 billion per year will increase by 27% creating a growing acceptance challenge for... more
SWIFT to Eliminate Frictions in International Payments by Upfront Verification of Account details in Real Time
New service enables real-time payment validation to reduce errors, exceptions and costs caused by wrong or missing beneficiary information Removes a key area of friction in cross-border payments, supporting SWIFT’s strategy for seamless, instant account-to-account transactions SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point of
Razorpay & Mastercard Launch Mandate HQ, a Safe & Secure Recurring Payment Interface
- 3 years 11 months ago
- Payments
To further the adoption of digital payments in a safe and secure manner, the RBI has issued a framework for processing of e-mandates on recurring online transactions. It has made AFA (Additional Factor of Authentication) mandatory for all recurring transactions below INR 5000 on debit cards, credit cards, even UPI and other Prepaid Payment Instruments (PPIs). All stakeholders are required to ensure full compliance with the framework by September... more
Central Bank of Mongolia Transforms its Infrastructure with Compass Plus
- 3 years 11 months ago
- Payments, Banking, Infrastructure
The Central Bank of Mongolia, also known as the Bank of Mongolia, has successfully completed a national project to migrate its entire payments infrastructure to Compass Plus solutions. Due to increasing transaction volumes, the bank needed a scalable, reliable, and trusted solution that could service large volumes of transactions, as well as a vendor that could provide the bank with the support they required.
Splitit Now Moving In-store with Apple Pay and Google Pay
- 3 years 11 months ago
- Investment, Payments, Credit Cards
Splitit, the company empowering shoppers to use their credit cards to pay in instalments, announced today it is bringing its instalment payments to in-store retail locations worldwide. Splitit InStore also includes Apple Pay and Google Pay to deliver an effortless in-store payment experience.
Creditspring hits Key Customer Milestone as UK Consumers Seek Support to Manage Finances
- 3 years 11 months ago
- Management, e-Payments, Credit Cards
Creditspring reaches 50,000 members since its launch. Revenues and customer base have more than doubled in the last 6 months. Members benefit from two loans per year, with capped costs and no hidden charges. Members have so far made savings worth almost £3 million.
