Paxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner
- 2 years 1 month ago
- Cryptocurrencies
Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment token services as a Major Payments Institution. The approval enables Paxos to issue stablecoins in line with MAS' upcoming stablecoin framework.
dLocal and Wakanow Group Partnership Makes Travel Accessible for Millions Across Africa
- 2 years 1 month ago
- Payments
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with Wakanow Group. This partnership aims to streamline and simplify cross-border payments for Wakanow's customers throughout Africa, supporting the company's expansion into new African markets
Revolut’s Revenues Surpass $2.2B, with Record Profits of $545M in 2023
- 2 years 1 month ago
- Infrastructure
Today, Revolut released its Annual Report for the year ending 31 December 2023.
Flexys And Tuum Join Forces to Help Banks Improve Debt Management And Collection
- 2 years 1 month ago
- Banking
Flexys, makers of leading debt management software, and Tuum, an innovative core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks to modernise debt collection with a real-time, customer-friendly approach.
Britons Are Struggling with Financial Language Fluency, and It’s Costing the Nation Over £6B Per Annum
- 2 years 1 month ago
- Payments
Today, Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK.
MultiSafepay Joins Ant International’s Antom to Enhance Digital Payments Services for SMEs in Europe
- 2 years 1 month ago
- Payments
MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services (Antom), a leading payment and digitization services provider under Ant International, announced today that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment solutions and digitalization services to businesses, especially small and...
Fingerprints™ and IN Groupe Through SPS Brand Announce Launch of Its Secure Component Solution for Contactless Biometric Card
- 2 years 1 month ago
- Payments
Fingerprint Cards AB (Fingerprints™) and IN Groupe, through its SPS brand, a leader in contactless and dual interface cards, announce the launch of its Secure Component solution for contactless biometric payment cards, supporting global card manufacturers to scale up production of next-generation payment cards.
Nexi Expands Payment Choice for Amazon.it Customers
- 2 years 1 month ago
- Payments
Nexi, the leading PayTech in Europe, has signed a new collaboration with Amazon.it, enabling customers to make purchases using Bancomat Pay.
Cytora Announces Integration of Autoaddress' Address Capture to Enhance Underwriting Productivity
- 2 years 1 month ago
- Infrastructure
BNP Paribas Champions Innovation in Credit Distribution with CobaltFX’s Dynamic Credit
- 2 years 1 month ago
- Financial
BNP Paribas, an early adopter of CobaltFX's Dynamic Credit, further expands its engagement with CobaltFX, part of United Fintech, to address regulatory and industry concerns, setting a new standard for precision and effectiveness in market operations.
TRIVER Raises Further £2.5m to Expand Instant Access to Working Capital for UK SMEs
- 2 years 1 month ago
- Fundraising News
SME working capital provider TRIVER has secured £2.5m from existing investors to fund further growth.
Fintech Ryft to Remedy Pharmacy Application, Charac, With Strategic Marketplace Payment Platform Partnership
- 2 years 1 month ago
- Payments
British payments fintech, Ryft, has partnered with digital pharmacy platform, Charac, to provide its marketplace payment platform, reducing current processing fees for independent pharmacies by over 30%. The partnership demonstrates and consolidates the significant overall impact Ryft is having on the pharmaceutical industry, enabling independent pharmacies to access innovative payments solutions which are flexible and cost effective.
myPOS Appoints Matt Komorowski as Chief Revenue Officer
- 2 years 1 month ago
- People Moves
myPOS, the UK-based payments provider, is pleased to announce that Matt Komorowski has joined the executive team as Chief Revenue Officer. Matt will lead all aspects of the company's revenue growth and sales strategy.
Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market
- 2 years 1 month ago
- SaaS
Temenos today announced it has signed an agreement with Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe.
APP Scams Are the Most Dangerous Type of Fraud, According to The Payments Association Report
- 2 years 1 month ago
- Fraud Detection
Decision-makers from payments businesses across the UK have identified Authorised Push Payment (APP) fraud as the top threat to both their businesses and consumers. This is according to the first findings of an in-depth financial crime survey by The Payments Association, which champions innovation and collaboration across the industry, due for full publication later this month.
