Tag: Payments

September 27, 2023

This year, in a departure from traditional ceremonies, we chose to announce the winners exclusively through our dedicated awards website, making it a unique and accessible experience for all. The awards celebrate companies and individuals who have demonstrated exceptional innovation, […]

July 13, 2023

The company will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems and standardise its international commercial payments on a single platform, which Temenos says will allow for “greater efficiencies and an improved customer […]

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 7, 2023

Cryptocurrencies, according to reports, will be widely used as payment methods shortly. According to a recent survey conducted by Ripple and FPC, a payment organization, more than 50% of participants believe that the majority of merchants will begin accepting crypto-poised […]

February 13, 2023

The implementation means that Carrefour’s customers in Deira and Amsaf can now purchase food, essentials and more using PopID’s Face Pay. To make payments using Carrefour’s newest facial verification feature, customers can enrol for the service through the retailer’s mobile […]

January 27, 2023

Former fintech darling Wirecard imploded in 2020, filing for insolvency after disclosing a €1.9 billion hole in its accounts. Its collapse came after EY, its auditor for more than a decade, refused to sign off its 2019 accounts, forcing out […]

January 13, 2023

As one of the fastest-paced regions for innovation, transactions have continuously evolved in APAC, and here deriving figures originally correlated by Singapore news sources, we unpack what the future of the region’s payments might look like. Asia’s BNPL boom The […]

December 20, 2022

Established in 2004, Mumbai-based ISG claims to enable over 17 billion transactions annually for its clients through Genius, its Payments-as-a-Service platform, which the firm says is “secure, scalable and easy to integrate” and offers “seamless” connectivity with various payment methods, […]

October 24, 2022

With the adoption of Fusion Essence, Delta Bank is migrating its core from on-premise to a cloud-native software-as-a-service (SaaS) solution. The bank, which provides international private banking services to South American investors, is also adopting anti-money laundering (AML) and know […]

October 17, 2022

Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers. Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented […]

October 11, 2022

Embedded finance solutions provider Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor. The authorised push payment (APP) fraud is sharply on the rise in the UK, according to UK Finance – from £420.7 […]

October 6, 2022

Calling it a “major milestone”, the experiments demonstrate that it is possible to integrate CBDCs and tokenised assets into the global financial ecosystem. Swift says the findings, which come from two separate experiments, solve the “significant challenge” of interoperability in […]

September 19, 2022

When it comes to Africa and financial empowerment, we must acknowledge that consumers have the same wants and needs as consumers everywhere else in the world. Africans on the continent want to order the latest clothes and electronics and have […]

September 14, 2022

Business payments technology firm Bottomline Technologies has acquired fellow paytech Nexus Systems, a provider of accounts payable (AP) and payments automation software for the real estate and property management industries. Nexus’ flagship procure-to-pay solution, its customers and suppliers, will join […]

September 12, 2022

With more than $1 billion worth of payments volume processed annually, Florida-based One Payment adds “immediate scale” to Aurora’s platform, the company says, thanks to its strong presence on the East Coast of the US. Aurora CEO Brian Goudie says […]

September 12, 2022

Rostec Eyes Russky Island for Trials of Digital Currency Payments The largest Russian industrial and technology conglomerate, Rostec, us preparing to launch a project dedicated to integrating cryptocurrencies into cross-border transactions. The main task will be to limit the negative […]

September 11, 2022

Quick and accurate payments are critical in the modern economy for both consumers and businesses. Both groups relied largely on legacy systems such as wire transfers and paper checks until recently, and these came with a barrel of challenges, including […]

September 10, 2022

Despite being relatively young, mobile payments are quickly becoming the preferred payment system all over the world, even overtaking credit cards. Recent research shows that this growth has only just begun, so it’s worth considering your own digital wallet design […]