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Thanks to Adyen Uplift, businesses can optimize the full payments funnel with AI. AI-powered payment optimizations bundled in a single product suite are trained on Adyens global transaction dataset. Adyens AI selects the best routes with the best rates for transactions to help minimize total cost of payment.
Kenyan fintech startup Leja has achieved remarkable growth, processing $2 billion in B2B payments since launching its B2B payments service in Kenya earlier this year. This milestone reflects a 30% month-over-month growth rate and a cumulative 300% increase in B2B transactions within a year.
Since becoming a technology partner in 2022, GoCardless has played a vital role in Aryza’s paymentsolutions. This initiative gives Aryza customers more choice, providing merchants with an effective alternative for instant, one-off payments while reducing the costs associated with traditional card transactions.
trillion across countries annually—around a quarter of global GDP—at an estimated cost of $120 billion in transaction fees annually. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally. Global corporations move $23.5
Thats why you need an eCommerce paymentsolution to ensure the ducks feet paddle calmly under the water and steer it in the right direction. This ultimate guide will teach you everything you need to know about eCommerce paymentsolutions. The eCommerce paymentsolution infrastructure involves several key players.
XMDS Holding , renowned for its flagship company Ximedes, a pioneer in software solutions for FinTech and FareTech, proudly announces the launch of XPP. XPP becomes the umbrella organisation under which the specialised paymentsolutions Vayapay, Ginger Payments, KUARIO, and Pecunda operate.
Fintechsolutions are changing this landscape, offering SMEs tailored tools to overcome these barriers. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets.
Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based paymentsolution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients.
The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money. 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.
To tackle this issue, Edenred PaymentSolutions has launched a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders. Reimbursements can take weeks, but withEdenred PaymentSolutions’ VCN product, this wait time can be cut down.
With the acceleration of digital commerce, both users and companies are demanding faster payments, especially in sectors where payments are a challenge, such as sports betting and online gaming. This is made possible by operating with proprietary infrastructure and direct connections with banks, acquirers, and local payment systems.
Flagright has announced that payment platform HitPay is now using its AI-native transaction monitoring and anti-money laundering (AML) compliance solutions to enhance security and compliance. Aditya Haripurkar “Partnering with Flagright is a crucial step in reinforcing our commitment to security and compliance.
Chargebacks911 , a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt , a leading innovator in cloud-based, remote paymentsolutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse.
Mollie aims to offer a hyper local experience tailored to the specific needs of Italian businesses Mollie offers a range of localised paymentsolutions tailored to the Italian market, including key payment methods such as Satispay and Bancomat Pay. We couldn’t be happier with our decision to partner with Mollie!’
Today, The Clearing House and BNY (NYSE: BK), announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit. The post BNY Sends Largest Instant Payment in U.S.
New Africa Technology (NAT) , a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d’Ivoire, and Benin.
Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind paymentssolution on Bank of Shanghai ’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.
By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant paymentsolution for businesses and consumers. dollar, offering enhanced trust and security as a less volatile and speculative alternative for digital transactions. These stablecoins are pegged to fiat currencies like the U.S.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.
Two , a European leader in B2B payments technology today announces a strategic collaboration with ABN AMRO , a leading financial institution in the Netherlands. Together, they are launching a state-of-the-art Pay on Invoice solution, designed to bring seamless, secure, and flexible payment options to B2B e-commerce transactions.
The company, founded in 2017, specialises in cross-border paymentsolutions tailored to small and medium-sized enterprises (SMEs). With its new license, XTransfer plans to roll out services aimed at simplifying international trade transactions for SMEs in Singapore. said Bill Deng, Founder and CEO of XTransfer.
Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital paymentsolutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform.
Ingenico merchants will be able to manage both traditional and crypto payments through a user-friendly interface accessible on various devices. Beyond facilitating transactions, the collaboration also aims to enhance the customer experience.
Singapore FinTech Festival returned for its ninth annual edition, bringing together policy, finance and technology communities at the Singapore EXPO. Here’s our pick of the announcements made at Singapore FinTech Festival 2024. For online shopping, Visa passkeys replace passwords or one-time codes.
Thunes has won the Thunes Best PaymentSolution Award at the 2025 Asian Banking & Finance Fintech Awards, making its name as a great place to make payments across borders. This award shows how Thunes is becoming more important in building a global payment system that is seamless, scalable, and efficient.
This license enables dLocal to offer a comprehensive suite of regulated paymentsolutions to UK-based merchants, including seamless pay-ins and payouts, cross-border transactions, and advanced fraud controls.
How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. What is this article about? Why is it important?
Mobile PaymentSolutions (MPS), Belgium’s regulated payment institution, has joined forces with open banking leader Salt Edge to launch PSD2-compliant APIs. “If a printer can order its own ink, why shouldn’t a payment system know what value to add at exactly the right time?
Geidea , a leading provider of digital paymentsolutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE.
Fintech Galaxy , a regional leader in Open Banking and financial innovation, and ProgressSoft , a global provider of real-time paymentsolutions, have partnered to fast-track Open Banking adoption and regulatory compliance across MENA. ” — Riyadh Al Zamil, Chairman of Fintech Galaxy’s Board of Directors.
However, these tools lived in capital markets rather than in routine cash management, and their influence depended on large issuances instead of everyday transactions. Banks and Fintechs now add sustainability scores to every payment. They can require ESG criteria in public-sector vendor payments to drive large scale adoption.
Global paymentsolutions provider Checkout.com , has entered a strategic partnership with noqodi , a payment gateway and financial service provider, to elevate the payment experience for businesses and consumers in the UAE.
There is a growing demand for cross-border payments across the globe. Looking to meet this demand, B2B payments organisation, Boost PaymentSolutions has partnered with international payment firm, TransferMate. Leavitt , founder and CEO of Boost PaymentSolutions.
Network International (Network) ( www.Network.ae ), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider.
The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.
At the heart of this transformation is NMI’s advanced payment gateway, which seamlessly powers transactions across 4,000 newly deployed portable and fixed PIN pads. The devices chosen by the ticketing provider provide a seamless solution for on-platform and on-train ticket sales as well as penalty fare payments.
OCBC Bank has partnered with the Land Transport Authority of Singapore (LTA) to pilot a new blockchain paymentssolution for construction projects. This innovative system aims to streamline the disbursement of mobilisation advance payments to contractors, enhancing efficiency and transparency.
Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. BNB Chain’s low fees, averaging US$0.001 on opBNB and US$0.03 technologies. technologies.
Trustly , the global leader in Open Banking payments, is solidifying its presence in Italy with a remarkable 63% year-on-year increase in transactions. As a pioneer in account-to-account payment technology, Trustly leverages Open Banking to offer both consumers and businesses a comprehensive suite of payment and data solutions.
The Pay-to-Card solution provides Thunes’ members with a streamlined, efficient option for cross-border payments, connecting them to a broad range of financial ecosystems through a single connection. This solution complements Thunes’ existing Pay-to-Wallet and Pay-to-Bank services. said Floris de Kort, CEO of Thunes.
Instead, the company is focusing on its wallet business and blockchain platform Base to drive blockchain adoption by enabling local developers to create solutions for baht and peso stablecoins. Pollak highlighted how stablecoins could help bridge this gap, allowing for smoother transactions for tourists and expatriates.
HitPay , a paymentssolution provider for businesses, has partnered with NPCI International Payments Limited (NIPL) to integrate Indias Unified Payments Interface ( UPI ) into its platform, This move will enable Singapore merchants to accept UPI payments for both in-store and e-commerce transactions.
The European Payments Alliance , the initiative aiming to build a pan-European payment service, has taken another step towards achieving its goal, as five firms have agreed to explore a shared cross-border paymentssolution.
The demand for secure, fast, and modern paymentsolutions has been pressing. By introducing the SOMQR standard and establishing the Somalia Payment Switch (SPS) as the scheme manager and operator, CBS aims to reduce reliance on cash, ensure interoperability, and expand financial services across the country.
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