Latvian Startup Handwave Secures €3.6M to Revolutionize Payments and ID with Palm Scan
Having secured sufficient seed funding, Handwave prepares to pilot its palm-based payments and identity platform in Europe and the US.
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Finmo Boosts Payment Fraud Protection with Confirmation of Payee in Australia
Treasury and payments platform Finmo launches Confirmation of Payee safeguard to enhance transaction security in Australia.
PingPong Taps ClearBank’s API-First Platform to Power UK Virtual Accounts and Accelerate European Expansion
By tapping directly into UK payment rails (Faster Payments, BACS, CHAPS) via ClearBank’s API integration, PingPong can settle transactions in near real time and offer lower fees and richer remittance data to its enterprise clients.
UAE’s ADIB Rolls Out Visa Remit! Service, Following Momentum in Saudi Arabia and Qatar
Visa Remit! launch will allow ADIB clients in the UAE to seamlessly send and receive instant cross-border fund transfers.
Why Interoperability Matters in Financial Systems
What happens when the financial ecosystem becomes too competitive? Siloed networks, overreliance on internal databases, and unscalable fintech innovations lead to poor decision-making and a wretched customer experience. Sadly, lack of interoperability still plagues many payments and broader financial systems across the globe.
XData Group Unveils Comcora White-Label BaaS for Banks and Fintechs
Comcora, developed by XData Group, is built to empower banks and fintech startups to launch cutting-edge digital services rapidly, with minimal friction and maximum efficiency.
AllUnity Launches EURAU Stablecoin
As stablecoin adoption grows globally, the new EURAU token from AllUnity aims to power 24/7 seamless cross-border payments.
Adyen to Power Atlas F&B Payment Experiences
The food and beverage (F&B) sector of Singapore faces growing operational and manpower challenges, which Adyen and Atlas have partnered to facilitate.
Visa Expands Stablecoin Support as Regulatory Acceptance Grows
Visa has announced the addition of more stablecoins and blockchains to its platform in an effort to facilitate settlement transactions for issuers and acquirers as the global stablecoin ecosystem is expanding.
From Bottleneck to Backbone: Reinventing KYC/AML in Payment Gateways with AI
To ensure compliance and risk minimization, KYC/AML processes need to be both flexible and automated. How can payment gateways and fintech companies achieve that and keep pace with legal requirements without stifling innovation? Here’s how AI technology can help.
JPMorgan Chase and Coinbase Partner to Simplify Crypto Access and Drive Mainstream Adoption
The strategic partnership of JPMorgan Chase and Coinbase empowers crypto enthusiasts with a direct bank-to-wallet connection, conversion of reward points to crypto, and funding Coinbase trading accounts directly using Chase credit cards.
Klarna Secures EMI License in UK Opening Cashback and Wallet Opportunities
UK subsidiary of the innovative BNPL and fintech service provider, Klarna, has achieved a regulatory milestone, which paves the way for the introduction of cashbank and balance features later this year.
PayNearMe and Emotive Join Efforts to Boost Digital Payment Access for Auto Finance Customers
PayNearMe now enables more convenient ways for Emotive Software customers to pay at auto dealerships.
PayPal Signals Next Chapter for Crypto in Global Commerce
PayPal rolls out Pay with Crypto solution offering near-instant settlement for cross-border commerce.
Bybit and Tether Strategic Alliance Targets Rapid Crypto Adoption in Brazil
Brazil demand for financial inclusion, economic stability, favourable remittance terms, and digital innovation is a natural fit for crypto adoption growth, exactly what Bybit and Tether aim to facilitate.
Cash Out, Phones In: Mobile Payments Dominate in Australia
Mobile wallet usage in Australia has surpassed ATM withdrawals in both volume and value as local consumers increasingly turn to digital payments and digital banking methods.
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