The global payments industry is experiencing rapid transformation driven by technological advancements and evolving consumer preferences. Despite economic uncertainties, the sector continues to show resilience and growth, with digital wallets, credit cards, debit cards, and emerging payment methods
Digital wallets like Apple Pay, Google Pay, and PayPal have rapidly become mainstream channels for financial transactions, often overtaking traditional payment methods. This shift is evident as, in 2023, they accounted for an astonishing half of all online transactions, significantly reducing
In collaboration with Capco, NatWest is rolling out a new ISO 20022-compliant Bankline Direct Digital solution, a significant evolution of its cloud-based Bankline Direct platform. This development has been tailor-made to streamline payment processing and data reconciliation for more than 500
In a significant move poised to reshape payment operations for small and medium-sized enterprises (SMEs), Melio has successfully secured $150 million in a Series E funding round led by Fiserv. The funding round attracted a remarkable array of investors including Capital One Ventures, Shopify
This week's top fintech news highlights significant developments from industry leaders such as Airwallex, Melio, BNZ, Standard Chartered, and Marygold & Co UK, showcasing their innovative approaches to driving growth through strategic investments and partnerships. Airwallex, a prominent
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for the financial services industry, has announced its financial results for the third quarter of 2024, ending September 30. Despite facing challenges in the financial sector, the company has shown significant
