payments - page 29

Fintech & Ecommerce

UBank and Aeropay to Provide Financial Services for Gaming Industry

The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.

Fintech & Ecommerce

Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers

Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.

News

Visa Partners With ABHI and YellowPepper

Visa announced the establishment of partnerships with ABHI and YellowPepper in order to scale the implementation of payments from account to account (A2A).

Fintech & Ecommerce

Mercedes Pay+ Introduces In-Car Biometric Payments

The partnership between Mercedes and Mastercard enables embedded in-car payments via fingerprint sensor

Fintech & Ecommerce

Mobile Money Increases Financial Inclusion in Tanzania: Report

A consumer survey on Tanzanian financial needs and preferences revealed that formal financial inclusion in the country has increased considerably over the past six years

Fintech & Ecommerce

Tipalti Launches Expense Management and Automation Tool

The Tipalti finance automation platform presented a solution for managing expenses and automation called Tipalti Expenses.

Fintech & Ecommerce

AppFolio Launches AI-Powered Payment Options for Property Managers

AppFolio announced the addition of generative artificial intelligence capabilities and new payment methods to its cloud solutions designed to manage real estate business.

Fintech & Ecommerce

Meta to Expand WhatsApp Payment Service to India

Meta Platforms has announced the launch of its WhatsApp payment function on the Indian financial market.

News

Revolut Launches New Solution for Businesses

Revolut Business has launched a new solution that will allow representatives of the area of entrepreneurship to overcome the problems associated with cross-border payment transactions.

News

Visa and Neopay Cooperate in UAE Payments Market

Visa and Neopay, a subsidiary of Mashreq specializing in the provision of payment financial services, announced the beginning of cooperation with the aim of introducing an installment payment system in the United Arab Emirates.

News

Citi Adds New Payment Solutions

Citi Treasury and Trade Solutions presented a line of new banking products that are intended for use by financial institutions within the scope of their activities related to the execution of payment transactions.

Blockchain & Crypto

Swift Enters Beta Testing of CBDC Connector

Swift continues exploring CBDC interoperability, proceeding to the next testing phase with three central banks / monetary authorities and over 30 financial institutions involved

News

Uber and PayPal Extend Their Partnership

Uber and PayPal announced the expansion of the cooperation program.

Fintech & Ecommerce

Payit by NatWest Launches Payment Links

NatWest Payit users will receive push notifications when a payment link gets paid, fails, or expires. They can also cancel active payment links at any time and resend expired ones.

News

BNY Mellon Launches Payments Service

The American bank BNY Mellon has established cooperation with Trustly in order to launch an open banking service, through which organizations will be able to carry out payment transactions of consumers directly from their accounts opened in financial institutions.

News

JPMorgan Reportedly Considers Using Blockchain for Cross-Border Payments

The media reported that JPMorgan is currently exploring the possibility of using blockchain technology to create a digital deposit token.

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.