Infibeam Avenues Ltd’s Payment Brand – CCAvenue Becomes India’s FIRST Payment Gateway Player to Process CBDC Transactions for Online Retail Payments
- 2 years 11 months ago
- Payments
Infibeam Avenues Ltd’s flagship brand -- CCAvenue, has become India’s FIRST payment gateway player to process Central Bank Digital Currency (CBDC) or Digital Rupee transactions for online retail merchants, among payment gateway players. It is an industry first where CCAvenue, has facilitated CBDC online transactions for one of India’s leading private sector banks, by processing their CBDC transaction, with an aim to strengthen India’s digital... more
Alipay and AlipayHK Cross-border Transactions Rebound During Chinese New Year as Travels Resume
- 2 years 11 months ago
- Payments
China’s outbound and inbound travels showed fast and resilient rebounds during the recent long holiday to commence the year of the Rabbit, as witnessed by the strong growth of popular cross-border digital payments. Between January 21 and 26, the year-on-year growth of outbound transaction volumes by Alipay users has surged by 150%, with the Hong Kong and Macao S.A.R.s being the most popular destinations for mainland consumers, based on the... more
Consumer Optimism Remains Strong Despite Economic Headwinds, per 2022 Holiday Spending Report From ACI Worldwide
- 2 years 11 months ago
- Payments
Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to eCommerce intelligence from ACI Worldwide, a leading global provider of real-time digital payments solutions, which analyzes millions of eCommerce transactions on an annual basis to assess year-over-year growth. From October through December 2022, eCommerce transactions saw a 21% increase, beating estimates by 6%.
Crypto Wild West: 85% of UK Crypto Firms Fail to Meet Minimum FCA Standards
- 2 years 12 months ago
- Cryptocurrencies
Around 85 per cent of crypto-asset firms who applied to the Financial Conduct Authority (FCA) were unable to demonstrate they met the minimum standards required for registration under its anti-money laundering and counter-terrorist financing regime.
Relay Payments Successfully Secures Nationwide Acceptance Across U.S. Warehouses
- 2 years 12 months ago
- Payments
Relay Payments, the fintech company modernizing payments for the supply chain, logistics, and trucking industries, is now accepted at 10 of the top 10 unloading companies in the United States.
Worldline Launches Buland Bharat Digital Payments Suite for a Stronger and Inclusive India
- 2 years 12 months ago
- Payments
Worldline, a global leader in payments services, today announced the launch of its Buland Bharat digital payments suite, which is designed specially keeping in mind the needs and wants of small and medium businesses (SMBs) in India.
CellPoint Digital Selected by MIKROE
- 2 years 12 months ago
- Payments
CellPoint Digital, the global leader in Payment Orchestration, announces they will be partnering with
Deko Delivers Consumer Finance Alternatives for Electric Life
- 2 years 12 months ago
- Payments
Electric Life, part of the
£123 Million in Open Banking Payments Made Via the HMRC App
- 2 years 12 months ago
- Payments
Ecospend, the UK’s leading Open Banking payment provider, today announces that more than 94,000 customers have used its 'Pay-by-Bank' technology to make £123 million in Self-Assessment payments via the HMRC app since February 2022. Ecospend’s partnership with HMRC marked the first time that an Open Banking payment method had been embedded within a government department’s system.
Wise Enters 2023 with 15 New Partners in 4 New Markets, Bringing Total to Over 60 Partners Worldwide
- 2 years 12 months ago
- Money Transfers
Wise, the global technology company building the best way to move money around the world, launched 15 new partnerships in 2022 and enters 2023 with a total of 60 partners globally. These partnerships are made possible through Wise Platform, which allows banks and businesses to embed the power of Wise into their existing platform. Almost 10 million new customers gained access to Wise, via Wise Platform, in 2022 alone.
XPAY Selects Finastra to Support Expansion of Services and Rapid Growth Plans
- 2 years 12 months ago
- Payments
Finastra today announced that XPAY, an embedded finance provider offering branded Mastercard® card programs with loyalty components, has selected Finastra, a global provider of financial software applications and marketplaces, to support its ambitious growth plans.
Form3 Sponsors Payments Association Working Group to Tackle UK Digital and Financial Crime
- 2 years 12 months ago
- Payments
Form3, the cloud-native account-to-account platform, today announces that it is sponsoring the Payment Association’s Project Financial Crime Working Group this year, to address the challenges of tackling increasing levels of digital and financial crime in the UK.
Digital Asset Research (DAR) Examines FTX Warning Signs and the Future of Crypto Exchange Diligence
- 2 years 12 months ago
- Cryptocurrencies
Digital Asset Research (DAR), an industry-leader in cryptocurrency exchange vetting, today is sharing its reflections on FTX warning signs, missed opportunities to identify issues, and ways to strengthen diligence moving forward. Since 2017, DAR has conducted diligence on centralized crypto exchanges, including FTX, for its institutional clients.
Yooz Celebrates Another Year of Big Wins
- 2 years 12 months ago
- Payments
Yooz, a leading purchase-to-pay (P2P) automation provider, is accelerating into 2023 with a growing list of key clients, growing loyal customer base, internal growth, global recognition and prestigious industry and workplace awards – further positioning the company as a top solution in the FinTech industry. Customer Wins
Solvo Finance Announces Integration with Fireblocks
- 2 years 12 months ago
- Cryptocurrencies
Solvo Finance, an EU-based cryptocurrency startup, has announced that their forthcoming crypto investing app will integrate Fireblocks, an easy-to-use platform to create new blockchain-based products and manage day-to-day digital asset operations. With the support of Fireblocks’ battle-tested technology, Solvo will be able to provide world-class security for customers’ digital assets.
