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Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.
EuroPA is an alliance of national digital payment champions – 𝗕𝗮𝗻𝗰𝗼𝗺𝗮𝘁(Italy), 𝗕𝗶𝘇𝘂𝗺 (Spain), 𝗠𝗕 𝗪𝗔𝗬 (Portugal), 𝗕𝗹𝗶𝗸 (Poland), 𝗜𝗥𝗜𝗦 (Greece), and 𝗩𝗶𝗽𝗽𝘀 𝗠𝗼𝗯𝗶𝗹𝗲𝗣𝗮𝘆 (Nordics). Wero enables instant, account-to-account (A2A) payments without relying on traditional card networks.
The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. The primary goal of this partnership is to support cross-border transactions and digital asset operations for enterprise clients.
The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli paymentnetwork. Customers can access the service through Airwallexs Business Account, Core API, or EmbeddedFinance solutions, ensuring integration with existing financial workflows.
Embeddedpayments are becoming a staple in the B2C world, and more businesses are also jumping on board, aiming to streamline and automate processes from payroll (automated invoicing) to procurement (trade credit). However, B2B transactions in embeddedpayments are more challenging and don’t flow as easily as B2C ones.
From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. billion payments Coda 2.5 billion payments, gamification Airwallex 5.5 billion insurtech Matrixport 1.05
Following this announcement, the collaboration is expected to enable businesses across the globe to offer Affirm’s flexible, transparent, and secure pay over time options through the use of a single APIintegration.
Partnerships Klarna , the AI powered global paymentsnetwork and shopping assistant, has partnered with Blackhawk Network (BHN), a global branded payments provider, to expand Klarnas Gift Card Store in Germany, Italy and The Netherlands.
PayDo , a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embeddedfinance feature for SEPA, SEPA Instant, FPS and SWIFT transactions. PayDo’s shift to embeddedfinance is a game-changer for businesses and individual clients.
This April, The Fintech Times is focusing on all things embeddedfinance, the integration of financial services into non-financial products and services. As the space rapidly develops, we look to highlight the latest developments, initiatives and challenges embeddedfinance has to offer and overcome across the globe.
We provide products from payments and collection, FX and payout all the way to embeddedfinance to allow or empower any businesses to operate the whole financial and payments stack on top of our platform. Making payments, it’s very expensive and inefficient. We started the company in 2015. It’s also very slow.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
Customers will have access to the Faster Paymentsnetwork in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals. The service will be fully embedded into Wirex’s infrastructure via OpenPayd’s single, developer-friendly API.
Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. Electronic Clearing Service (ECS) ECS streamlines financial transactions by processing bulk payments electronically, saving time and effort.
Stripe has emerged as one of the fastest-growing payment service providers (PSPs) in Asia-Pacific (APAC), expanding its footprint both geographically and through its broadening suite of financial products. It also offers tools for billing, fraud prevention, and financial reporting to help businesses manage their finances more effectively.
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