Mondu Bolsters C-Suite by Appointing a Chief Commercial Officer and Chief People Officer
- 2 years 4 months ago
- Payments
B2B payments company Mondu has announced the appointment of two senior hires to its c-suite. Mondu has welcomed Julian Kurz as CCO and Lauren Hoehlein Joseph as CPO, who will support the expansion of Mondu’s team and product internationally. The appointments follow the company’s $43M Series A round announced earlier this year.
Leading cryptocurrency exchange Bybit delivers rapid fiat deposits across Europe with TrueLayer
- 2 years 4 months ago
- Cryptocurrencies
TrueLayer, Europe’s leading open banking platform, today announces its collaboration with Bybit, the third most visited cryptocurrency exchange in the world with more than 10 million users.
BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card
- 2 years 4 months ago
- P-Cards
BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and will offer a host of attractive benefits and rewards.
Cornerstone FS Acquires Specialist FX and Treasury Consultancy Pangea FX Limited
- 2 years 4 months ago
- Payments
Cornerstone FS, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the “Acquisition”). The total consideration payable for the Acquisition is up to £200,000 (dependent upon future... more
Flutterwave Secures Switching and Processing License, Nigeria’s Highest Payments Processing License
- 2 years 4 months ago
- Payments
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services.
SumUp Launches Digital Wallet with Integrated Loyalty Scheme to Boost Support for Local Businesses
- 2 years 4 months ago
- E-Wallets
SumUp, the financial partner for over 4 million small businesses worldwide, has today announced the launch of SumUp Pay, the first digital wallet that makes shopping locally easier and more rewarding.
Moneycorp Expands European Footprint with Launch of Moneycorp France
- 2 years 4 months ago
- Payments
Moneycorp - a leading global payments services provider - has today announced its launch in France as part of its rapidly expanding European business.
O-CITY Leads Kenya Contactless Payment Boom by Scaling Digital Fare Collection for Over 10,000 Matatu Buses
- 2 years 4 months ago
- Payments
O-CITY, the automated fare collection provider by BPC, has been accelerating cashless fare collection across Kenya by providing a widely popular service, now digitising payments across over 10,000 Matatu buses. This represents a tenfold increase in Matatu buses using the service since its pilot only a couple of years ago during the COVID-19 pandemic.
Klarna Losses Quadruple as Costs Rise
- 2 years 4 months ago
- Payments
Embattled BNPL giant Klarna saw its net losses nearly quadruple in the first half of 2022 on higher credit losses, increased employee costs and investment in market expansion. In a letter to shareholders, CEO Sebastian Siemiatkowski says the firm has been "operating in a very different environment" in the first half of 2022 as it faced up to the fallout from Russia's invasion of Ukraine, the economic downturn and a "huge shift in investor... more
Predictive Data Intelligence Removes Hurdles to Instant Cross-border Transactions Over SWIFT
- 2 years 4 months ago
- SWIFT
As part of its ambitious strategy for instant and frictionless transactions, SWIFT today announces a new capability that uses its global intelligence on past cross-border flows to predict potential problems before new international payments are sent.
Zimpler Strengthens Senior Leadership with a New Chairwoman and Chief Growth Officer
- 2 years 4 months ago
- Money Transfers
Zimpler, a leading fintech company born in Sweden, has– with immediate effect–appointed Katarina Bonde as their new chair of the board, and Nicolas Köllerstedt as Chief Growth Officer. Bonde will replace Peo Nilsson, who will remain on as a board member.
Corserv Receives Visa Ready Certification for Issuer Processor Platform
- 2 years 4 months ago
- P-Cards
Corserv, a company that empowers banks and fintechs with innovative payment card issuing solutions, announced that it has been certified as Visa Ready as an issuer processor for its modern issuer processor technology platform: Payment Cards as a Service APIs (PCaaSA).
ReceiptHero to Roll Out Eco-friendly Digital Receipting Solution Using Payments Platform as a Service (PPaaS) from Ingenico
- 2 years 4 months ago
- Payments
ReceiptHero today announces a major new partnership with Ingenico, a Worldline brand, allowing acquirers and other payment service providers to enable ReceiptHero’s digital receipt solution across their merchant networks using Ingenico’s new cloud-based solution, Payments Platform as a Service (PPaaS). PPaaS enables a ‘one-to-many’ integration of payment solutions for thousands of acquirers, helping ReceiptHero to scale its operations rapidly... more
Thunes and Alipay+ Partner to Connect European Merchants with Hundreds of Millions of Asian Consumers
- 2 years 4 months ago
- Payments
Thunes, a global cross-border payments company, today announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group. Thanks to this collaboration, Thunes’ customers and merchants in Europe will now be able to accept Asia’s most popular mobile wallets:
Highnote Partners with Visa to Enable Next Generation of Card Issuance
- 2 years 4 months ago
- Credit Cards
Highnote, a fully cloud-native card issuance and program management platform, has expanded its partnership with Visa, a world leader in digital payments, which includes full certification as a Visa issuer processor.
