UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
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Generative AI in Payments: Unlocking New Possibilities in Fintech
Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]
Fintech Market Breakthroughs 2024: A Year in Review
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
Visa Direct to Launch Instant Fund Transfers for U.S. Bank Accounts in 2025
Visa Direct is planning to introduce a feature that allows funds to be transferred and made available in U.S. bank accounts within one minute or less.
Klarna Is Available at Checkout on Apple Pay in Canada
Users in Canada checking out with Apple Pay online or in apps can now benefit from the flexible payment options offered by leading European BNPL provider Klarna.
BofA’s CashPro App Reaches $1 Trillion Milestone
Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.
Norway welcomes First Apple Pay Alternative for iPhones by Vipps
Vipps MobilePay launched a mobile wallet payment solution for iPhone, now available for customers in Norway.
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Norway Joins Eurosystem’s Payment Service
Norway has concluded the deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.
GCash Weighs Record IPO
Philippine fintech platform GCash is reportedly considering an initial public offering (IPO) that can potentially raise between $1 billion and $1.5 billion in the second half of 2025.
Best Payment Options for Freelancers
The world of freelancing has opened up unprecedented opportunities for professionals to collaborate with clients across the globe. However, this international scope brings with it the complex task of managing payments from various countries and currencies. For freelancers, selecting an appropriate payment platform is not just a matter of convenience; it’s a critical decision that […]
HSBC Launches New Platform
HSBC has launched a platform for managing domestic and international business payment transactions.
dLocal Becomes Certified PISP for Pix
dLocal achieved a regulatory milestone and became a certified Payment Initiation Service Provider (PISP) in Brazil, able to process Pix payments directly within the Open Finance framework.
Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More
Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.
US Bank and One Inc to Accelerate Instant Insurance Payments
Insurance industry payments network One Inc has launched a partnership with US Bank.
Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies.
Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive.
These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.
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