Tag: Payments

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 […]

February 14, 2024

Aligning with its strategy to extend its reach into new emerging markets, QuantumFy’s collaboration with the MENA Fintech Association is a step towards leveraging its expertise in the region. QuantumFy specialises in tailored banking, payment, and investment technology solutions. It […]

February 1, 2024

This month, Philip takes an in-depth look at payments. It’s no secret that payments is my favourite aspect of fintech. Judging the PayTech Awards is one of the highlights of my year as I get an early glimpse at how […]

January 19, 2024

The importance of remittances and cross-border payments cannot be understated in Africa. According to the World Bank, remittance flows to sub-Saharan Africa are expected to have increased by about 1.9 per cent in 2023 to $54billion. Onafriq selected Alviere for […]

December 4, 2023

Despite the industry’s constant longing for anything and everything instant, this scenario has struggled to play out in what is still a highly fragmented market. So much so that right now, only around one in 10 of all euro credit […]

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 […]