barq and TerraPay Forge a Strategic Partnership
- 7 months 4 weeks ago
- Payments
During the days of Seamless 2024 exhibition in Dubai, the fintech application barq and TerraPay, a global money movement company signed a strategic partnership. This collaboration aims to provide fast and secure international money transfer services.
Mastercard and ABHI Collaborate to Fuel UAE’s Financial Landscape
- 7 months 4 weeks ago
- Payments
Mastercard has collaborated with ABHI, an embedded finance platform backed by Hub71, to strengthen financial payments landscape across the UAE. Through this collaboration, ABHI will offer its users access to the Mastercard-powered Salary Advance Cards, thereby enhancing the accessibility of international and domestic online payments for ABHI’s Earned Wage Access (EWA) users.
Visa Reinvents the Card, Unveils New Products for Digital Age
- 7 months 4 weeks ago
- Payments
The way people pay and get paid has changed more in the past five years than in the last 50. Consumers have evolved, adapting to new payment experiences – from the advent of embedded, digital commerce to the rapid adoption of “the tap.” Today at the annual Visa Payments Forum in San Francisco, Visa unveiled new products and services that will revolutionize the card and address the future needs of businesses, merchants and consumers and the... more
BVNK Enables PayPal USD (PYUSD) in a Step Forward for Mainstream Adoption of Stablecoins
- 7 months 4 weeks ago
- Cryptocurrencies
BVNK, the payments infrastructure provider, announced today that it has integrated the stablecoin PayPal USD (PYUSD). Paxos Trust Company, overseen by the New York Department of Financial Services (NYDFS), is the sole issuer of PYUSD. Please note PYUSD is not regulated in the UK. Don’t invest unless you’re prepared to lose all the money you invest.
PayDo Expands Currency Range for SWIFT Transactions
- 7 months 4 weeks ago
- Money Transfers
PayDo, a leading Electronic Money Institution, proudly announces the expansion of its SWIFT service capabilities to include 11 new currencies. This strategic enhancement enables PayDo to offer more versatile and inclusive financial services across global markets. With 24 currencies in total, PayDo corporate and individual clients now get a new frontier within international payment solutions.
Business Travel Company Ayruu and Edenred Payment Solutions Revolutionise Travel Expenses with Embedded Payments
- 7 months 4 weeks ago
- Payments
Ayruu, the all-in-one business travel company, has chosen Edenred Payment Solutions to provide virtual cards in its workflow, to make paying suppliers and travel partners easier across France and Europe.
Avidbank Partners with CorServ to Implement a Beneficial Credit Card Program for Commercial Customers
- 7 months 4 weeks ago
- Payments
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers.
Standard Chartered Completes Euro-denominated Cross-border Transactions on Partior Network
- 8 months 9 hours ago
- Payments
Standard Chartered today announced the successful completion of Euro-denominated cross-border transactions between Hong Kong and Singapore and is the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure.
Mastercard and Cooperative Bank of Oromia Launch Innovative Solutions to Boost Financial Inclusion in Ethiopia
- 8 months 14 hours ago
- Payments
Cooperative Bank of Oromia and Mastercard have unveiled a groundbreaking collaboration with the launch of the Coopbank Prepaid Mastercard and the introduction of the Community Pass technology in Ethiopia. These initiatives are set to significantly enhance digital and financial inclusion across the country, particularly Ethiopia’s smallholder farmers.
Commerce Bank Goes Live on the FedNow® Service with Temenos
- 8 months 15 hours ago
- Payments
Temenos today announced that Commerce Bank, a top US bank, has gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on a secure, scalable, and continuously updated platform.
PayRetailers Announces its Expansion to Africa Strengthening its Presence in Emerging Markets
- 8 months 15 hours ago
- Payments
PayRetailers, the leading payment processor for Latin America is pleased to announce its new expansion to Africa. With coverage across four countries, the company offers a unified payment solution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth.
Softpay and Visit Group Partner to Digitize Payments in the Travel and Hospitality Industry
- 8 months 1 day ago
- e-Payments
In a significant leap forward for contactless payment solutions within the travel and hospitality sector, Softpay, a tap-to-pay solution provider, is excited to announce its strategic partnership with Visit Group, the comprehensive digital ecosystem for the tourist industry. This collaboration is set to redefine how payments are made, offering seamless, contactless, and innovative payment options to guests and partners across the globe.
Fifth Third Launches New Payables Solution to Solve Clients’ Jobs to Be Done
- 8 months 1 day ago
- Payments
Fifth Third and Bottomline announced the launch of Enhanced Payables powered by Bottomline and its business payments network, Paymode-X. The solution combines the capabilities of Bottomline’s industry-leading business payments technology with Fifth Third’s extensive banking services to provide customers with a comprehensive suite of payment options.
BKN301 Introduces Cutting-edge BaaS Orchestrator Platform to Empower Banks and Fintech Companies
- 8 months 1 day ago
- Payments
BKN301 Group, a leading digital payments and Banking-as-a-Service with a focus on EMEA region, unveiled its cutting-edge BKN301 BaaS Orchestrator solution with the objective of radically transforming financial landscape. The cutting-edge platform seeks to empower businesses of all sizes, particularly fintech companies and traditional banks, with the capability to incorporate financial features into their existing value propositions.