Nasdaq to Acquire Financial Services Software Company Adenza
Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.
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PayMate Expands to Chase $68 Trillion B2B Payment Market
PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.
SoFi Debuts Student Loan Tool
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
B2B BNPL Provider Hokodo Acquires European Payments License
The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.
BNY Mellon Partners With MoCaFi on Payments to the Unbanked
The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked
Apple Cash Adds Recurring Payments
Apple Cash users will be able to set up weekly, biweekly, or monthly payments from its Apple Cash digital card
Akurateco Partners with Skrill to Redefine Global Payment Experiences
A global leader in white-label payment software, Akurateco, has announced its strategic direct integration with Skrill, a renowned EU-based digital payment solutions provider and a part of the Paysafe Group.
Australia Wants to End Check Payments
In Australia, the era of paper checks is gradually coming to an end.
Payrails Raises $14.4 Million for Its OS for Complex Payments Flows
Payrails, a startup that has developed a platform for creating and using high-quality corporate payment services, announced on Wednesday, June 7, that it had received funding for $14.4 million.
Unlimit Expands to Kenya
Fintech Unlimit (previously known as Unlimint) expanded its services to the Kenyan market, upon securing a Central Bank of Kenya licence
Swift Tests Use of Its Infrastructure for Transfers Over Blockchains
Swift is currently testing its infrastructure in terms of its suitability for the transfer of tokenized value over blockchain networks.
Spreedly Launches Vault Solution
The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.
Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims
Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers
JPMorgan Turns to Blockchain for Dollar Trades in India Hub
JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.
Standard Life Partners Moneyhub for Open Finance Integration
Standard Life is teaming up with Moneyhub to roll out the open financial instrument Money Mindset.
Worldline and VTEX Partner on Global eCommerce and Payments
Worldline and VTEX have established a partnership to combine efforts to provide e-commerce and payment services at the global level by multinational merchants.
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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