Canadian Fintech Nuvei Launches in Australia
Canadian fintech company Nuvei, announced that businesses operating in Australia can now access its full suite of payments solutions, continuing its global expansion strategy
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Innovate Finance Calls For Expanded Open Banking
The British fintech industry organization Innovate Finance has appealed to regulators to expand the scope of open banking services.
CFPB Discloses Typical Consumer Financial Profiles of BNPL Users
The CFPB revealed its recent research which helped the institution create a typical image of a BNPL borrower, who uses the option without signs of stress, but tends to be highly indebted
3 Tips for Optimizing Your Ecommerce Business for Maximum Impact
Global retail ecommerce sales topped $4.9 trillion in 2021 and its forecast to by 50%, to approximately $7.4 trillion by 2025, according to data cited on the Social Shepherd. That’s a lot of money. Where there’s money, there are opportunities. However, with money and opportunities also comes competition.
Modern Treasury Unveils Global ACH Service
Modern Treasury has presented a new cross-border payment network Global ACH, that should provide a cheaper and faster alternative to the SWIFT network and other third-party options with high FX markups
BNPL Provider Zip Exits Markets and Sells Assets in a Rewind of Global Expansion Plans
Australian BNPL firm Zip has reconsidered its plans for international expansion after a 95% stock slump
Fintech myPOS Launches New Products for SMEs
UK-based fintech platform myPOS has launched the next generation of myPOS Go device that allows even micro SMEs to take their business to the new level
Mastercard and Google Launch Google Pay in Kuwait
Mastercard joined Google to strengthen digital payment capabilities in Kuwait with Google Pay offering
Trade Finance Platform Marco Secures $200 Million Credit Facility
Marco announced the receipt of a $200 million credit line from MidCap Financial, a leading mid-market lender and a specialist in private loans based on Castlelake global assets.
Klarna to Introduce Charges for Late Payments
Swedish fintech company Klarna has announced the start of charging late payments from customers in the UK.
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Paysend and Transformify Launch On-Demand Payroll Services
British fintech Paysend and payroll platform Transformify have teamed up to provide seamless payroll on-demand payments for contractors and vendors
PayU Launches 3DS2 SDK for Indian E-Commerce
Indian payment aggregator PayU to offer 3DS2 software development kit (SDK) for all domestic and international transactions to resolve the issues of transaction security and speed
OpenWallet Foundation Announces 37 Backers for Digital Wallet Project
The Linux Foundation Europe’s initiative to create an open-source engine was implemented with the support of 37 private, non-profit, academic, and government organizations.
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