Payment infrastructure company DECTA has published findings from a study examining two specific failure points in digital banking and payment apps: the frequency with which automated systems block or decline user transactions, and the rate at which AI chatbots subsequently fail to resolve the resulting issues.
On May 26, Alipay, which is an Ant Group digital payments company, introduced two solutions at its AI Payment Ecosystem Conference in Hangzhou: AI Wallet and Token Pay.
Global payments infrastructure provider TransFi has announced that Victor Lucena has been appointed as the company’s new chief executive officer for Latin America, as the company expands its cross-border payments and stablecoin capabilities in the region.
SoFi, a digital financial services provider, has acquired Peach Finance, a lending infrastructure startup. No financial details have been disclosed for this transaction.
PayJustNow, a South African payment solution for merchants that offers a “Buy Now, Pay Later” (BNPL) service, is now fully integrated with Peach Payments’ Digit Pro point-of-sale (POS) terminal solutions.
Africa-focused fintech firm Paystack has introduced a redesigned version of its merchant Dashboard, driven by AI tech, which the company describes as its first full rebuild in approximately 10 years.
Skeptics often view Buy Now Pay Later (BNPL) as a debt risk, but South African consumers use it as a sophisticated budgeting strategy. In the below article, Payflex CMO Tracey-Lee Zürcher-Campbell debunks 5 myths about how local consumers and merchants use BNPL.
Just as people, AI agents have much more possibilities to fulfil their potential if they have money to back their actions. Without the ability to transact, all the search and analysis agentic systems perform remain on theoretical level. To empower AI agents with more practical tasks, they need agentic payment mechanisms that are already emerging […]
Though Vinted is gradually turning from marketplace relying on external infrastructure to a fintech-driven e-commerce hub, it continues its long-standing collaboration with Mangopay that “understands both Vinted history and future”.
Chargebacks911 and acceptcards have announced a strategic partnership to provide chargeback prevention and dispute management services to acceptcards’ merchant clients in the United Kingdom.
For decades, much of the card payments ecosystem has relied on technology originally designed long before the emergence of real-time commerce, embedded finance and global digital marketplaces. Many core processing environments still depend on fragmented integrations, batch-based settlement processes and legacy programming languages that can slow product development and limit operational flexibility.
Mauritius becomes the second African country where local merchants can accept iPhone contactless transactions with the help of Apple Pay functionality in Peach Payments ecosystem.
Xago, a South Africa-based digital payments company, and NGPES, a France-based fintech firm, have announced an integration aimed at supporting instant cross-border payments.
Where rapidly developing artificial intelligence ambushes crypto security, one of the most pressing risks in digital finance arises. Experts warn that AI-driven transactions and other automated financial activities are emerging in such volumes that they’re beginning to overwhelm existing compliance frameworks. What happens next if AI commerce is just starting to bud?
Bizum is preparing to introduce in-store payments in Spain using a new NFC-based feature called Bizum Pay. The launch is scheduled for 18 May.
Poland’s instant payment system BLIK is in discussions to join a European payments interoperability initiative that connects local payment solutions across multiple countries.
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