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Visa, FIS boost value-added card services

Payments Dive

Justin Sullivan via Getty Images Dive Brief: Visa and Fidelity National Information Services (FIS) have expanded their partnership to provide new value-added services to financial institutions in a bid to level the playing field for smaller regional and community banks competing with bigger banks, the payment giants said Thursday in a press release.

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5 Key Trends Shaping Fintech in India, According to PwC

Fintech News

Another example is the “Campus Power” digital platform by ICICI Bank designed to assist students with their financial needs and provide value-added services for higher education in India and abroad. One notable example is the Union Bank of India, one of the largest government-based banks in the country.

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Worldline Signs Agreement with Banque Raiffeisen for Cloud-Based Instant Payments Processing in Luxembourg

Fintech Finance

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with Banque Raiffeisen , making them Worldline’s first client on its cloud-based instant payments solution in Luxembourg. Using Worldline’s modern cloud infrastructure, Banque Raiffeisen will benefit from smarter and quicker onboarding processes.

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Rethinking CBDCs: Addressing design flaws and privacy concerns

The Payments Association

Tokens are powerful precisely because they represent value independent of identity and enable transactions without reference to some history that will ultimately rely upon records held and maintained by third parties whose involvement invariably carries a price, one that the provision of value-added services might not mitigate.

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Payoneer Review: The Digital Backbone of Cross-Border Payments

Fintech Review

Its revenue model blends transaction fees, FX margins, card fees, and value-added services. These services are charged through custom contracts and volume-based pricing. Payoneer also monetises through prepaid Mastercard usage fees, ATM withdrawal charges, and currency conversion when users spend globally.