Category: Wholesale

May 16, 2024

PayRetailers has established a presence in LatAm in over 12 countries as it simplifies the payment process for businesses looking to set up in the region. It is now building upon its portfolio and expanded into Rwanda, Zambia, Uganda, and […]

May 7, 2024

The latest RedCompass Labs report, ‘Time to leave legacy behind? Instant payments in the US‘, surveyed 300 senior payment professionals in US banks to get a better picture of the demand for instant payments, the barriers to implementation, the challenges […]

April 29, 2024

The transaction will merge Paystand’s blockchain-based B2B payments platform with the vendor’s corporate expense and accounts payable (AP) management controls and was partly financed by Stifel Venture Banking, although further terms have not been disclosed. This is projected to result […]

March 28, 2024

Called the World Account, the new solution by the payments platform specifically focused on SMEs in international trade brings down the costs associated with making an international transfer for UK firms. Typically these costs which span compliance, FX and payment […]

March 23, 2024

As much of the global tech industry was left rocked by difficult macroeconomic conditions throughout 2023, Lithuania’s fintech ecosystem enjoyed continued growth – driven by efforts and initiatives targeting the space throughout the last decade. The number of fintechs operating […]

March 22, 2024

Volopa, which focuses on the small and medium-sized enterprise (SME) sector, offers an employee expense management and prepaid corporate card platform for businesses that also enables users to make international payments from the UK to 180 countries globally. The new […]

March 7, 2024

The collaboration will also see the Intesa Sanpaolo group bank leverage its new partner’s technology to further develop its fraud detection tools and cybersecurity capabilities. Mastercard says the deal hopes to modernise the Alexbank’s cardholders’ “payment experience” by expanding the […]

January 12, 2024

Belgium-based fintech start-up Unbox has secured a €12 million Series A funding round led by HSBC Asset Management. The round also saw participation from SFPIM Relaunch, a subsidiary of the Belgian Sovereign Wealth Fund. Founded in 2020 and headquartered in […]

January 11, 2024

Traditional payment methods such as cash are declining in popularity among all age groups. emerchantpay’s Global Payments Outlook revealed Europeans are showing a growing interest in other payment methods. Several European countries are making promising strides towards digital payment adoption. […]

September 1, 2023

Scalable Capital was founded in 2014 and offers neo-advisory, wealth and asset management services from its bases in Munich, Berlin and London. Handelsblatt says that according to sources, the bank is assessing whether the platform could prove beneficial to its […]

August 30, 2023

BC Payments plans to help local fintechs overcome barriers to non-domestic growth. At the centre of these barriers is the current de-risking in the B2B payments space by local incumbents. High-growth, compliant fintechs have often been caught in the crossfire, […]

June 5, 2023

The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimising credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest collaboration aims […]

April 6, 2023

FYST’s exclusive proprietary data, gathered across 10 countries (Turkey, Israel, Qatar, Kuwait, United Arab Emirates, Pakistan, South Africa, Nigeria, Cameroon, and Kenya) shines a light on the proportion of cards, bank transfers, digital wallets and other methods used for online […]

March 29, 2023

EPI Company has expressed its support for the European Commission’s proposed legislation on instant payments, which aligns with the Commission’s Retail Payments Strategy. The proposed regulation would make instant payments available to all European citizens, including individuals and businesses/merchants, on […]

March 22, 2023

The U.S. central bank is preparing to launch the Fednow payment service, and the Fed explains in a recently published blog post that there have been many interested candidates that want to utilize the service. The Fed details that entities […]

March 14, 2023

In February, inflation was consistent with expectations, with the consumer price index (CPI) increasing by 0.4% last month, equating to a 6% annual pace, according to the latest report from the U.S. Bureau of Labor Statistics. “Over the last 12 […]

March 14, 2023

Bahrain-based fintech Infinios has teamed with Mastercard to expedite the digitisation of B2B travel payments between buyers and suppliers with the launch of a wholesale programme. Following this collaboration, the introduction of the Mastercard Wholesale Program within the region is […]

February 15, 2023

Wirex Partners With Visa to Expand to New Markets Wirex, a payments and crypto company based in London, has reached a long-term service agreement with credit card giant Visa. With this move, qualified as a significant milestone by the company, […]

February 3, 2023

BBVA says the AWS platform “provides greater computing power” to make calculations related to financial markets faster and more accurate. The firm says modern corporate banking requires an increasing amount of “complex and precise calculations” to be made to meet […]

January 17, 2023

The banking tech vendor says the newcomer, which opened its virtual doors last summer – is “on-track to revolutionise banking in the Philippines”. The bank is regulated by the Banko Sentral ng Pilipinas and is a joint venture of Singapore’s […]