New Owners to Take Klarna Checkout to the Next Level
- 6 months 2 weeks ago
- Payments
Klarna, the AI powered global payments network and shopping assistant, today announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest. This strategic move will allow KCO to continue its evolution and enhancement as an industry-leading product under new ownership.
Alipay+ Partner E-Wallets Transactions in Germany Rose by 67% One Week into UEFA EURO 2024 as Young Asia Embraces Sports Tourism
- 6 months 2 weeks ago
- E-Wallets
As international football fans travel to Germany for UEFA EURO 2024, Alipay+ announced that transactions in the country have increased by over two-thirds (67%) during the opening week of the tournament (Thursday 13th June 2024 – Wednesday 19th June 2024). Alipay+, an official sponsor of UEFA EURO 2024™, is a suite of cross-border mobile payments and digitalization technology solutions that now supports 30 global e-wallets and banking apps.
Rising Dependence on Payday Loans Highlights Ongoing Financial Struggles
- 6 months 2 weeks ago
- Payments
New research from Moneyhub has shed light on a concerning trend emerging in the UK; a significant number of Brits are increasingly resorting to payday loans in order to manage their day-to-day expenses. These findings have revealed that in the past six months, more individuals have applied for payday loans (18%) than mortgages (10%), highlighting the precarious financial situation faced by many.
Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card
- 6 months 2 weeks ago
- Payments
Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking.
UK’s Young Voters Call for Crypto to Be Moved Up the Political Agenda
- 6 months 2 weeks ago
- Cryptocurrencies
According to new data released today ahead of the upcoming general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata reveals 34% of both 18-24 and 25-34 year-olds think the growth of the crypto industry should be front of mind for the country’s politicians.
Visa Announces Its Principal Membership and Trademark Licence with Pyypl
- 6 months 2 weeks ago
- Payments
Pyypl (pronounced “People”) - a pioneering fintech company in the Middle East and Africa (MEA) - announces its Principal Licence Membership and strategic framework agreement with Visa. The partnership with Visa is a testament to Pyypl’s mission to democratise access to financial services, its innovative business model and the large market opportunity – as well as highlighting Visa’s trust in Pyypl to accelerate financial inclusion.
KPMG Law Partners with Shieldpay as Payments Provider
- 6 months 3 weeks ago
- Payments
Shieldpay, the payments partner for the legal sector, is working with KPMG Law UK (part of KPMG LLP) to provide payments services for its high value, complex client transactions.
Adyen Recognized in IDC MarketScapes for Retail Online and Omni-Channel Payment Platforms Worldwide
- 6 months 3 weeks ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today was recognized as a Leader in the IDC MarketScape: Worldwide Retail Online Payment Platform Software Providers 2024 Vendor Assessment[1] and IDC MarketScape: Worldwide Retail Omni-channel Payment Platform Software Providers 2024 Vendor Assessment[2]. Adyen was recognized for the following strengths - comprehensive solution, innovation, and focus on merchants.
Over Half of Financial Institutions Use Faster Payment Technologies, According to Faster Payments Council
- 6 months 3 weeks ago
- Payments
56% of financial institutions, payment providers and businesses have integrated faster payment technologies in their payment infrastructures, according to research from the Faster Payments Council (FPC). Over a third, 35%, said they are planning to introduce faster payment technologies in the future, while 9% have no plans to.
Paytiko: The Fastest Growing Platform
- 6 months 3 weeks ago
- Payments
Paytiko is a payments management platform that bridges online payment flows from multiple payment providers for any online business under one single connection. With Paytiko, businesses can effortlessly streamline their payment processes to embrace a future where managing payments is a breeze. This convenience relieves businesses of the stress and complexities of managing multiple payment providers.
Mobile Wallets Continue to Grow in Popularity Among Younger People – But There Are Drawbacks, Says Chargebacks911
- 6 months 3 weeks ago
- E-Wallets
Research from Chargebacks911, the leading chargeback technology platform, shows that people are increasingly using mobile wallets such as Apple Pay and Google Pay.
SumUp and Adyen Partner to Bring Faster Payouts to Millions of SMEs Globally
- 6 months 3 weeks ago
- Payments
Adyen, the financial technology platform of choice for leading businesses, and SumUp, the global leader in financial technology for small merchants, have joined forces in a strategic partnership to offer a best-in-class payment experience and accelerated settlements for millions of small businesses worldwide.
Unlimit and Convera Partner to Simplify Tuition Payments for Students in Developing Countries
- 6 months 3 weeks ago
- Payments
Unlimit, a leading global fintech company, has announced that it has partnered with Convera, the global commercial fintech that powers international business by moving money with ease, to empower their GlobalPay for Students platform and simplify tuition payments for students in emerging markets.
Monavate and Know Your Customer Collaborate to Reinvent Compliance Across the European Payment Solutions
- 6 months 3 weeks ago
- Payments
Monavate, a prominent provider of payment solutions, has joined forces with Know Your Customer, a global leader in business KYC verification. Together, they aim to revolutionise the European payment solutions sector by redefining compliance processes, elevating customer onboarding experiences, and cultivating trust within the digital payment ecosystem.
Sumsub Partners with 21 Analytics to Add Self-Hosted Wallet Verification to Its Crypto Travel Rule Solution
- 6 months 3 weeks ago
- Cryptocurrencies
Sumsub, a global full-cycle verification platform, is pleased to announce a new partnership with 21 Analytics, a Swiss-based Travel Rule compliance software provider.
