Chinese designer and manufacturer of consumer electronics and related software Xiaomi has filed a patent for a QR code payment technology linked to its wearable augmented reality (AR) glasses
Payment service provider Worldline introduced VABOX – Voice Alert Box, which provides instant payment confirmation, overcoming challenges of visual impairment and encouraging inclusivity
A federal appeals court has approved the settlement of a class action lawsuit against Visa and Mastercard.
The Swiss Bankers Association released a white paper suggesting the digitalisation of the Swiss financial system requires a Swiss franc joint deposit token
PhonePe, India’s largest mobile payment services company, has raised another $200 million in an ongoing funding round.
Xapo Bank, a leading bitcoin custodian, and the licensed private bank announced integration with the Fast Payments system (FPS).
The UK Financial Conduct Authority has sent letters to almost 300 payment companies calling for measures to eliminate unacceptable risks to consumers and the integrity of the country’s financial system.
Flutterwave received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda to deploy a range of new products to the country’s 13.5 million citizens
SoftPOS solution provider Phos added QR code-based digital wallets, such as PayPal, Venmo, and CashApp, as payment methods for retailers
The U.S. Federal Reserve has confirmed its long-awaited instant payments system FedNow, seen as an alternative to CBDCs and stablecoin payments, will launch in July
BNP Paribas is switching to the Buy Now, Pay Later B2B platform.
In South Africa, the process of introducing Payshap, an inexpensive real-time interbank digital payment service, has started.
Lenovo will offer its business customers a BNPL payment method through their Tabit B2B integration
In-store mobile and wearable transaction values in Italy rose by 122% in 2022 to hit $17.5 billion
A payment platform for metaverse economies Tilia has secured a total of $22 million in funding from JPMorgan and Seoul-based fintech Dunamu to scale and provide KYC-compliant micropayments
Fintech company Astra Tech, which is based in Dubai, announced that as a result of a partnership with Mastercard, it managed to expand its payment ecosystem.
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