Tag: PayTech

July 25, 2024

Paysafe has partnered with Alchemy Pay, for the latter to access Paysafe’s suite of payment products for consumers to use their fiat funds to purchase crypto across 130 markets. In the deal’s first phase, Alchemy Pay has integrated with Paysafe to strengthen […]

July 9, 2024

The Switzerland-headquartered company is set to integrate Volante’s Payments-as-a-Service (PaaS) tech into its core banking infrastructure to help ensure compliance with the European Commission’s incoming SEPA instant payments mandate. The cloud-native, API-driven solution allows for real-time payment processing with transaction confirmation […]

July 1, 2024

The system is facilitated by K-Net, which operates as a national payment gateway under the supervision of the CBK. Writing on LinkedIn, Tariq Alusaimi, head of digital strategy and planning at the CBK, says the system is set to provide […]

June 24, 2024

Bitcoin adoption is on the rise, which means an increasing number of people also want to spend their digital currency. That’s why accepting Bitcoin payments is becoming an incredibly interesting prospect for online retailers, especially those who have customers from […]

June 19, 2024

Nium, the real-time global payments firm, will provide travel agents with a private network of trusted UATP authorisation rails and bank transfers to offer lower costs, simplified reconciliation, and faster settlement through its Nium Airline Payments Solution (NAP). NAP eliminates intermediaries from […]

May 29, 2024

DNA Payments has integrated the suite of cross-border mobile payment and digitalisation tech solutions operated by Ant Solutions into its point-of-service (POS) terminals to accept more direct payments. This will greatly improve successful payment transactions with global tourists, especially those […]

May 22, 2024

Renowned cryptocurrency exchange, Binance, has announced plans to delist several margin trading pairs on its platform, according to a recent announcement on its official website. The process will take effect from 6:00 UTC, May 31, 2024. Details of the Delisting […]

May 21, 2024

The report reveals that over the past five years, scheme and processing fees have surged by more than 30 per cent in real terms, without corresponding improvements in service quality. Mastercard and Visa cards account for 95 per cent of […]

May 20, 2024

US-based digital consultancy company Astound Digital has partnered with Shopify to improve customer experiences, reduce costs, and increase conversion rates for retail. Astound Digital, a company creating digital experiences for brands, has established itself as a key player in digital […]

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 14, 2024

PC Financial is set to integrate Temenos’ retail core banking solution as Software-as-a-Service (SaaS) on Microsoft Azure, which Temenos says will enable the firm to “scale products faster and expand its banking proposition” on a “secure, continuously updated service”. Furthermore, […]

May 14, 2024

This is just one trend of many revealed in the Leading Trends in Digital Payments: Driving the Real-Time Economy in MENA report. Based on a study designed and conducted by Davies Hickman Partners and sponsored by Amazon Payment Services, this […]

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 24, 2024

Embedded finance platforms hold the key to ensuring both buyers and sellers feel empowered within online marketplaces. To understand how this can truly be achieved, we reached out to the industry. Finance automation must be adopted Rick Verma, head of […]

April 20, 2024

Laybuy is not the first BNPL whose value has taken a dive. In Q1’23, the Australia-based BNPL Openpay announced it was going into receivership following an all-time high total transaction volume. Additionally, in Q4’23, ZestMoney, the Bengaluru-based BNPL also announced […]

April 19, 2024

UK-based Finastra has rolled out its Solution Store, an online platform that offers customers retail lending solutions. The Solution Store provides customers with the ability to buy retail lending solutions seamlessly, eliminating the necessity for meetings, emails, phone calls, or […]

April 8, 2024

The partnership will see Yabx leverage the business data from PayCliq and use AI/ML algorithms on its cloud-powered digital lending platform. In doing so, it will build credit scores and personalised credit limits for each business which will not only […]

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 25, 2024

US-based Emporia State Federal Credit Union has launched its updated online and mobile banking app powered by Bankjoy, a digital banking provider. Founded in 1937, Emporia State Federal Credit Union (ESFCU) has built its reputation around improving members’ lives with […]

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 […]