Payfuture and UNIGOX Partner to Bring Cross-Border Payment Infrastructure to Asia
- 2 months 5 days ago
- Payments
Payfuture, the global payments company building financial infrastructure in emerging markets, today announced a strategic partnership with UNIGOX, a cross-border payments provider enabling fast, flexible settlement across fiat and stablecoin rails.
Hyundai Card’s 20-Year History of Innovation Creates a New Playbook: “Universal and Specialized”
- 2 months 5 days ago
- Payments
Hyundai Card, one of Korea’s leading financial companies, launched “Alphabet Card” on July 1, marking the first independent credit card brand introduced by a card company. While launching a new card product is common in the industry, establishing a specific card lineup as a standalone brand is an unprecedented move.
stc pay Bahrain Unveils Comprehensive Business Solutions, a Powerful One-Stop Financial Hub for Growth and Efficiency
- 2 months 6 days ago
- Payments
stc pay Bahrain, Bahrain's most innovative and accessible mobile wallet for digital financial transactions, announced the launch of stc pay Business Solutions, a powerful new suite of services designed to revolutionize how businesses manage their finances. This comprehensive platform positions stc pay Business as the ultimate one-stop solution for managing spending, paying employees, facilitating transfers, and accepting payments, all from a... more
European Dynamics and Viva.com to Power the EU Carbon Border Adjustment Mechanism Payment System
- 2 months 6 days ago
- Payments
European Dynamics, a leading eGovernment and Digital Transformation company, and Viva.com, the first Tech Bank in Europe for businesses, have been awarded by the European Commission’s Directorate-General for Taxation and Customs Union (DG TAXUD) the mandate to build, operate and maintain the central payment platform behind the Carbon Border Adjustment Mechanism (CBAM), one of the EU’s flagship climate initiatives.
The Siam Commercial Bank Collaborates with Citi to Pioneer 24/7 USD Clearing for Near Real-Time Cross-Border Payments with Citi Token Services
- 2 months 1 week ago
- Payments
The Siam Commercial Bank (SCB) and Citi announce SCB as the first financial institution client globally to go live with Citi’s newly integrated 24/7 USD Clearing and Citi Token Services solution. With this, Citi is enabling near real-time, round-the-clock, cross-border USD payments for its corporate and institutional clients.
UKRSIBBANK BNP Paribas Group and Mastercard Unveil Ukraine’s First World Legend Card, Pairing Bespoke Design with Elevated Lifestyle Privileges
- 2 months 1 week ago
- Payments
UKRSIBBANK BNP Paribas Group, in collaboration with Mastercard, announced the launch of Ukraine’s first World Legend Mastercard card. The new offering, designed for private banking clients seeking exceptional experiences, will become available soon. Mastercard World Legend provides access to a carefully curated ecosystem of exclusive services and benefits spanning travel, dining, culture, entertainment, and luxury shopping.
Mangopay Expands Virtual Account Currency Coverage to Support Global Platform Growth
- 2 months 1 week ago
- Payments
Today, leading global wallet infrastructure provider Mangopay announces an expansion to its Virtual Accounts offering, significantly extending currency coverage from seven to 24 currencies. The update enables enterprise platforms to collect funds across more currencies while maintaining dedicated wallet and account separation for each currency. This proprietary architecture simplifies reconciliation and improves visibility over incoming... more
Nium Acquires Cypher, Expanding Its Fiat-to-On-Chain Money Movement Infrastructure
- 2 months 1 week ago
- Payments
Nium, the global leader in cross-border payments infrastructure, today announced the acquisition of Cypher, a crypto-native non-custodial wallet and issuing company. The deal further expands Nium as the core infrastructure layer for the converging payments ecosystem—the compliant money movement and value exchange infrastructure that bridges fiat and digital assets.
Visa Research: The Great Wealth Transfer Is Already Reshaping How Americans Spend
- 2 months 1 week ago
- Payments
New research from Visa Business and Economic Insights (VBEI) finds that the great wealth transfer is already influencing major financial decisions, from home purchases to travel and long-term saving. The research estimates that approximately $36 trillion will transfer from baby boomers to Gen X and millennial households over the next 20 years.
Marqeta Research Finds Four in Ten UK Shoppers Abandon Purchases Because of Security Checks
- 2 months 1 week ago
- Payments
, Inc., the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, has unveiled new UK research showing shoppers want stronger protection from fraud, but not at the expense of speed, control or checkout completion.
Volt Enables Profee Wallet Top-Ups via USDC, Bringing Stablecoin Pay-Ins to Cross-Border Remittances
- 2 months 1 week ago
- Payments
Volt, the real-time, rail-agnostic money movement platform, has gone live with its stablecoin checkout for Profee, a Cyprus-based electronic money institution focusing on cross-currency money transfers. Profee’s customers can now top up their Profee wallets and in-app balance using USDC (from stablecoin balances held in their own crypto wallets, with Volt handling acceptance, on-chain confirmation and settlement to Profee in fiat).
U.S. Bank Launches Enhanced Payments to Help Small Businesses Move Money Quickly and More Affordably
- 2 months 1 week ago
- Payments
U.S. Bank today announced the launch of Enhanced Payments, a new bundled solution that helps small business owners move money quickly and more affordably – directly within U.S. Bank online banking and the bank’s mobile app.
Flix and Klarna Expand Partnership to Give Millions of Travelers Across the U.S. and Europe More Ways to Pay
- 2 months 1 week ago
- Payments
Flix and Klarna, the global digital bank and payments provider, announced today an expanded partnership bringing more flexible payment options to millions of travelers across its platforms. Beginning today, Klarna will be available in 21 Flix markets, adding Germany, Italy, France, Poland, the UK, Switzerland, Austria and Spain, among others, to an existing integration in the U.S. and Sweden.
Edenred Payment Solutions Unveils Web Push Provisioning to Simplify Virtual Card Adoption
- 2 months 1 week ago
- Payments
Edenred Payment Solutions, a leading payment services provider and regulated Electronic Money Institution (EMI), today announced the launch of Web Push Provisioning (WPP), enabling organisations to deliver virtual payment cards directly to customers' digital wallets via web, SMS or email. By removing the need for users to download an app before adding a card to their digital wallet, the new capability reduces friction in the activation process... more
