Tag: Mobile payments

November 7, 2023

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]

November 3, 2023

During her six-year tenure at the FCA, Fulugunya gained specialist experience in transaction reporting (MiFID II) and instrument reference data regimes as part of its markets reporting team. As well as reviewing errors and emissions, her remit for the regulator […]

November 3, 2023

Amazon Business, a B2B e-commerce procurement platform, will now provide its sole proprietor business customers the option to select Affirm at checkout to pay for eligible goods over time. The platform says that it plans to make the payment option […]

November 2, 2023

Beginning in May 2023, Visa took part in the e-HKD CBDC pilot programme focused on simulating two use cases of interbank B2B payment flows — property payments and acquirer-merchant settlement, each tailored to the Hong Kong market. It also demonstrated […]

November 1, 2023

The equity funding round also saw participation from Bluepool Capital, and existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures. Following the fresh fundraise, Tabby claims it has become the region’s first fintech unicorn, ahead of its planned […]

November 1, 2023

The company didn’t identify a reason for the delay. A Global Payments spokesperson said Wednesday the beta version of the platform launched this quarter, and the full commercial release of the platform will occur in the first quarter of next […]

October 31, 2023

As Paymentology receives Visa Cloud Connect certification from Visa, it is now able to better serve its fintech, banking and telco clients by connecting to the global VCC network. The certification is also in line with its cloud-fist strategy. Increasing […]

October 27, 2023

UK digital bank Monese is parting ways with Thought Machine three years after signing up for its Vault core banking platform, with the company instead implementing new core tech developed in-house by the company’s recently launched fintech subsidiary XYB. Monese […]

October 27, 2023

Squeeze, the fast-growing US tech platform helping consumers manage, evaluate, and save on their recurring insurance contracts, has acquired Youtility, a UK technology start-up who partners with banks and financial technology companies to deliver embedded home finance management services. Youtility’s […]

October 26, 2023

US-based commerce technology provider Payoneer has partnered with Etsy to support the latter’s expansion into emerging markets and simplify payments. Through this collaboration, Etsy can streamline payments to sellers and help develop economic opportunities for more entrepreneurs in emerging markets. […]

October 26, 2023

As part of its revised guidance for 2023, Worldline states it now expects 6% to 7% in organic growth with respect to revenue, as opposed to its previous forecast of 8% to 10% growth for the year. It attributes the […]

October 25, 2023

With the new licence, Elavon says it will be able to “grow and provide the right payments and banking solutions for UK clients” including authorisation, settlement, card machines and banking services. The licence also covers the full extent of Elavon’s […]

October 24, 2023

Launching initially for European B2C e-commerce firms, the Paris-based fintech will provide a full-service payment platform enabled via API integrations. Its core suite will include cash-in features such as support for multiple payment acceptance capabilities and cash-out features such as […]

October 18, 2023

Amazon Payment Services, a digital payments provider operating across the MENA region, has been granted a Retail Payment Services licence by the UAE Central Bank. The press release states that this licence enables Amazon Payment Services to unlock a better […]

October 18, 2023

The deployment forms part of the bank’s core banking replacement project ‘Cosmos’. In its first phase, the new cloud-native platform will power all of the bank’s corporate and SME loan operations and will see the migration of about 60% of […]

October 16, 2023

Everything is changing – fast. Economies are being buffeted by macroeconomic headwinds and rocked by geopolitical shocks. Customers are making different demands, societies are shifting unpredictably, and technological disruption is creating new competitors that are posing a potentially serious challenge […]

October 16, 2023

Authorised push payment fraud involves deceiving payers into sending payments to criminals. Here’s a particularly vicious example: a first-time house buyer goes to transfer their deposit to their solicitor to complete the deal, only to find out the solicitor’s email […]

October 13, 2023

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. “The platformization of the world is occurring, and software is getting into places where it never […]

October 12, 2023

India-based InsuranceDekho has raised $60 million Series B funding, a mix of equity and debt, as the startup looks to supercharge its growth. The round was led by Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, […]

October 10, 2023

UK-based retail banking company Lloyds Bank has developed a digital trading solution that aims to support businesses to transact more efficiently. The new solution allows clients to request digital Direct Guarantees or Standby Letters of Credit, aiming to help them […]