PingPong Secures Indonesian Payments License, Unlocking $1.5 Trillion Market for Enterprises
- 2 weeks 4 hours ago
- Payments
PingPong, a leading global cross-border payments platform, has received a Payment System Service Provider (PJP) license from Bank Indonesia. This new license enables PingPong to facilitate both cross-border and domestic payments in Indonesia, a key market with a projected 2024 GDP of $1.5 trillion USD.
AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets with RTP & FedNow
- 2 weeks 23 hours ago
- Payments
AppBrilliance, a pioneer in real-time payment solutions with its cutting-edge Money API™ platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.
Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card
- 2 weeks 1 day ago
- Payments
In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank, in collaboration with Mastercard, has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. This strategic collaboration aims to cater to the growing needs of international travelers and diaspora communities by providing secure and convenient means of conducting digital payments... more
Payac and Nexi to Deliver Instant Payments to Credit Unions
- 2 weeks 1 day ago
- Payments
Nexi, the European PayTech, signs an historic agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland.
WorldFirst World Account Enables Instant Cross-Border Business Payment Function in Over 200 Markets
- 2 weeks 1 day ago
- Payments
WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially serving SMEs in international trade, has launched a function to enable real-time payment between holders of its flagship multicurrency business account World Account as WorldFirst continues to increase speed and efficiency of secure international business payment.
FINMA Publishes Guidance on Stablecoins
- 2 weeks 1 day ago
- Payments
The Swiss Financial Market Supervisory Authority FINMA today published guidance on the issuance of stablecoins. In it, it comments on default guarantees, the associated risks and discloses its practice on stablecoins. It further draws attention to the increased risks in the area of money laundering.
Popular Polish Payment Service BLIK Arrives in Slovakia
- 2 weeks 2 days ago
- Payments
BLIK SK, formerly VIAMO, has expanded its cooperation with one of the largest banks in Slovakia – Tatra banka. Soon, users of the Tatra Banka VIAMO mobile app will be able to make purchases online even faster, more conveniently, and securely thanks to the new service. Tatra Banka will make the BLIK payment method available to its clients in the coming months.
Qashier Launches QashierPay Soundbox, with Auditory Alert Capabilities to Safeguard Against Payment Fraud
- 2 weeks 2 days ago
- Payments
Fintech startup Qashier today unveiled its QashierPay Soundbox in Malaysia, a revolutionary QR payment terminal designed to elevate the safety and security of digital payments and support businesses as they digitise.
Marqeta Becomes First Issuer Processor in the US Certified to Enable Visa Flexible Credential
- 2 weeks 5 days ago
- Payments
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.
UnionPay International Enhances European Airport Acceptance, Upgrades Payment Services for Summer Travelers
- 2 weeks 5 days ago
- Payments
As the summer travel season heats up, more tourists are flocking to Europe, and UnionPay card acceptance at point-of-sale (POS) terminals in Europe now exceeds 80%. UnionPay International is making strides in enhancing the payment experience at key European airports, including those in France, Germany, and Italy. Using UnionPay cards during international travel has become a popular choice for travelers.
Alt.Bank Migrates Card Operations to Pismo
- 2 weeks 5 days ago
- e-Payments
alt.bank, whose novücard is Brazil’s only credit card with automatically increasing limits, migrated its legacy credit card infrastructure to Pismo in just five months.
Alipay+ Expands to Serve 90 Million Global Merchants in 2024 Summer Campaign Following UEFA EURO Craze
- 2 weeks 5 days ago
- Payments
Alipay+, the cross-border mobile payment and digitalization solutions operated by Ant International, continued its global summer campaign, which was kicked off by UEFA EURO 2024, in preparation for the travel industry's full rebound by the end of 20241.
Airwallex Partners With Float to Deliver Fast, Cost-Effective Bill Payments to Canadian Businesses
- 2 weeks 5 days ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, today announced a partnership with Float, one of Canada’s fastest-growing B2B fintechs, to enable fast and cost-effective bill payments for both domestic and overseas transactions.
BofA’s CashPro® App Surpasses $500 Billion in Payment Approvals
- 2 weeks 5 days ago
- Payments
Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. Corporate payment approvals completed via the CashPro App surpassed a record $500 billion as of the middle of this year – up nearly 40% compared to the middle of last year – and are on pace to reach a trillion dollars by the end of 2024. CashPro app video
