Payments

Fintech & Ecommerce

Western Union Connects Virtual Wallets to eSIM Mobile Service

The company eSIM Go has added Western Union digital wallets to its mobile data service.

Fintech & Ecommerce

Mastercard Reveals Fresh Remittance Insights

The new Mastercard report focuses on key trends and opportunities to digitize remittance transfers in Latin America and the Caribbean where cross-border money transfers grow by 10% annually.

Fintech & Ecommerce

Leading Payment Gateways in Nigeria 2024

Before 2012, Nigeria saw a heavy reliance on cash transactions due to limited access to ATMs and intricate traditional banking systems. This led the Central Bank of Nigeria to introduce the cashless policy and led to the creation of the NIP in 2011.

News

Mastercard Expands Cross-Border Payment Solutions

Mastercard announced the scaling of its solutions designed for international payment transactions.

Fintech & Ecommerce

Revolut Launches Point of Sale iPad App

British neobank Revolut has rolled out an iPad POS application for the hospitality industry which combines payment processing with analytics.

News

Paytm to Be Third-Party UPI Provider

Despite the ban placed on Paytm Bank, One97 Communications, the parent firm of Paytm, received approval to become a third-party service provider on the country’s Unified Payments Interface (UPI) infrastructure.

News

Baanx Raises $20 Million

The Baanx company, which specializes in cryptocurrency payments, raised financing for $20 million.

News

Visa and Western Union Form New Cross-Border Payment Agreement

Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.

News

Flipkart to Allow Transactions With UPI Instant Payments System

The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.

News

JPMorgan to Cooperate With Cartes Bancaires CB

JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.

Articles

WeChat Palm Payments in a Nutshell

Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.

Fintech & Ecommerce

The Future is Now: 5 Reasons Why Your Business Needs a Virtual Payment Terminal

Forget clunky cash registers and limited payment options. The future of accepting payments for your small business is sleek, adaptable, and accessible from anywhere in the world.

Fintech & Ecommerce

Brazil’s Instant-Payment System Pix Expands Activity

The Brazilian instant payment system Pix may start operating globally in the foreseeable future.

News

SumUp Reportedly Aims to Raise $1.1 Billion to Refinance Debt

The media reports that the SumUp payment company, which is based in London, intends to raise €1 billion ($1.1 billion) from private creditors.

Articles

Top Financial Scams in India

Financial fraud is the major type of cybercrime in India. The value of online financial frauds rose twofold last year, highlighting the lack of coordination between different local regulatory bodies on tackling cyber financial scams. Here are the most outrageous scam cases that recently occurred in India. 

Science & Technology

AI and Fintech in Healthcare Financing

Healthcare expenses contribute to a large share of many households’ as well as state budgets. Financing healthcare service needs may be often challenging. However, innovative fintech solutions and artificial intelligence (AI) might make this task a bit easier.