Amazon.com Inc. has started working with Mexican fintech company Kueski, which specializes in the providing of Buy Now, Pay Later (BNPL) service and personal loans, to offer consumers the opportunity to make payment transactions in installments every two weeks in the space of Latin America’s second-largest economy.
PayPal has invested in Mesh, a crypto-friendly embedded finance solution, almost completely funding the investment with PayPal USD (PYUSD) – Ethereum-based stablecoin.
There are many different ways to pay online. Consumers should be aware that there are secure and less secure payment methods. Consumers can be guided by the principle: “First the goods, then the money”.
PayPal has presented new features based on artificial intelligence.
FreedomPay has reached an important milestone of getting integrated certification from Redsys, a Spanish payments processing provider, which enables the company to offer its commerce platform to Spanish merchants.
Razorpay POS has unveiled instant UPI transaction refunds that reduce refund processing time from conventional 5-6 business days to about 2 minutes.
Santander Mexico, a subsidiary of global banking giant Santander, is currently preparing to launch its digital service.
B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).
Mastercard announced the launch of the Mastercard Biometric Authentication Service, a solution designed to enhance security and provide maximum convenience for consumers.
Things have drastically changed in the financial sector, and you can now undertake all financial activities online with only your phone because of Fintech. People are resorting to financial technology applications to help them in budgeting and managing their finances.
The extended multi-year partnership prolongs Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling partners to integrate new instant payment use cases.
Digital bank Revolut has introduced a new cross-border money transfer service called Mobile Wallets that redefines remittance experiences, requiring only receivers’ contacts for transactions.
Canadian fintech company Nuvei has announced the launch of a new global partnership with Adobe to improve the payment transaction process in the sphere of e-commerce.
The Bank for International Settlements (BIS) announced its work program for the year, which includes six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
Sebastian Siemiatkowski, Chief Executive Officer of Klarna Bank AB, during a conversation with media representatives, stated a high level of probability that the initial public offering (IPO) of this Swedish fintech giant in the United States will take place shortly, noting that there is no specific time frame for the implementation of the relevant intention.
The financial industry is witnessing rapid developments in global FinTech market trends that can significantly impact various aspects. Globally, more than 26,000 FinTech businesses are operational, employing nearly 500,000 people. At least one unconventional provider’s money service is used by a third of all banking customers. To help you stay updated on the latest innovation […]
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