Bahrain-based Fintech IPS Extends its Collaboration with BPC
- 3 years 9 months ago
- Payments
Leading payment solutions provider BPC has extended its collaboration with Bahrain-based International Payment Services B.S.C (closed) (“IPS”), a leading third-party payments processing and payments firm. As part of the agreement, BPC will allow IPS to extend the use of its open system e-payment platform ‘SmartVista’.
Voidu Selects Worldline as Payments Partner to Pursue its Rapid Growth
- 3 years 9 months ago
- Payments
Worldline, a global leader in payments services, has been selected as payment services provider to Voidu, the official online game distribution platform owned by Azerion, the pan-European digital gaming and monetisation company.
Nuvei Acquires Paya for $1.3B
- 3 years 9 months ago
- Payments
Canadian payments firm Nuvei has struck a deal to buy US outfit Paya in an all-cash deal worth US$1.3 billion. The firms have entered into a definitive agreement that will see Nuvei pay US$9.75 a share for Paya, a 25% premium on Friday's closing price. Nuvei says the deal will create a strong player in the global e-commerce, integrated payments and business-to-business markets.
Allianz Trade, Santander CIB & Two partnered to Develop a New B2B BNPL Solution Dedicated to Large Multinational Corporates
- 3 years 9 months ago
- Payments
Allianz Trade, the world leader in trade credit insurance, Two, the pioneering business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), one of the Top Trade Finance banks in the banking sector, have partnered to provide the first global B2B Buy Now Pay Later (BNPL) solution for large multinational corporates.
Alipay+ Promotes QR Code Connectivity, Paving Ways for a Cash-free, Mobile Friendly Travel Experience in Chinese Mainland for Asian Consumers
- 3 years 9 months ago
- Payments
Alipay+, a provider of global cross-border digital payment and marketing solutions, is striving to provide cash-free and mobile-friendly travel experiences for Asian tourists in the Chinese mainland, as it seeks to partner with more merchants and enable greater QR code connectivity.
Fintech Trends in 2023: Banking, Payments, Blockchain, RegTech and More
- 3 years 9 months ago
- Artificial Intelligence, Blockchain, RegTech, Payments, Banking, Security
In recent years, fintech has been on the rise, and with the growing need for digital solutions to handle financial services, this trend is projected to continue through 2023. The increase in demand for digital solutions to manage financial services As a consequence of this, it is anticipated that the entire size of the worldwide fintech market would reach a total of $305 billion by the year 2023.
Tanzanian Fintech Firm NALA Launches in the EU, Adding 19 New Send Countries to Expand its Mission of Empowering Africans Financially
- 3 years 9 months ago
- Payments
NALA, a Tanzanian financial technology company enabling payments to Africa, launches in the EU by adding 19 new Eurozone nations to its list of sending markets. After expanding from the UK to the USA earlier this year, NALA has grown rapidly via geographic expansion and product differentiation. NALA’s US launch hosted 6 members of parliament from Tanzania at the event in New York City.
Autocanteen Recruits Adyen to Help Create a Completely Frictionless Dining Experience to Drive Growth
- 3 years 9 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announces that it has partnered with Autocanteen, the touchless self-checkout solution which improves checkout efficiency for the hospitality industry.
China Mobile Launches New Digital Payments Solution "PayMax" in Pakistan
- 3 years 9 months ago
- Payments
China Mobile, the Parent company of Pakistan’s leading telecommunications network, Zong 4G, showcased its first digital payments solution ‘PayMax,’ during an exclusive product showcasing event at Zong HQ in Islamabad. This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of Pakistan.
FOMO Pay Becomes SWIFT Member and Obtains Dedicated BIC
- 3 years 10 months ago
- Payments
FOMO Pay, the Singapore-headquartered major payment institution, announces that it has become an official SWIFT member and obtained its own Business Identifier Code (BIC), also known as SWIFT Code: FOMPSGSG.
2022 at a Glance – Top Fintech Stories of the Year
- 3 years 10 months ago
- Blockchain, Payments, M&A Deals, People Moves
As the year winds down, reflecting on fintech news' highs and lows is appropriate.
CellPay Announces Partnership With MoneyGram to Expand Bill Payment Options for Consumers Across the U.S.
- 3 years 10 months ago
- Payments
CellPay, a leading telecommunications company that provides services through its telco and bill payment platform, and MoneyGram International, Inc., a global leader in the ev
Payworld, a Bharat-focused Fintech Brand to Enter Neo-banking and Will be Working with Banks, NBFCs and Other System Participants Towards Facilitating Credit Penetration, E-Rupee, UPI & E-KYC
- 3 years 10 months ago
- Payments
Payworld, one of Bharat’s leading fintech platforms is on a mission to bridge the Digital Financial Divide between India & Bharat. In the year 2022, Payworld crossed the milestone mark of being associated with one million retailers across Bharat, who are now serving their communities in semi-urban, rural, and underbanked communities in urban India.
Barclaycard Payments: £229 per Person Set to Be Spent by Brits in Post-Christmas Sales with Reselling Sites Proving Popular Among Shoppers
- 3 years 10 months ago
- Payments
British shoppers plan to spend just four per cent less per person compared to last year, despite rising cost pressures, as the lure of festive bargains means retailers are forecast a busy end to 2022. New research from Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, shows that the average shopper intends to buy £229 worth of items in the post-Christmas sales period, a reduction of £18 compared to... more
MoneyGram Nears Completion of Merger Transaction with Madison Dearborn Partners
- 3 years 10 months ago
- Payments
MoneyGram International, Inc. (the "Company"), a global leader in the evolution of digital P2P payments, today provided an update on its previously announced agreement to be acquired by funds affiliated with Madison Dearborn Partners, LLC ("MDP"), which was approved with over 99% of shareholder votes cast in favour of the merger in May of this year.
