payments - page 31

Articles

Understanding the Benefits of Opening a Bank Account Online

In today’s digital age, the convenience and accessibility of online banking have made it easier than ever for small to medium-sized business owners to manage their finances efficiently. Opening a bank account online brings many advantages, from saving time and effort to enjoying enhanced security measures. In this article, we will guide you through the […]

Fintech & Ecommerce

Matera to Boost Instant Payments With AI via Cinnecta Acquisition

Matera acquired Cinnecta for an undisclosed amount to enhance its instant payments and QR-code payments solutions with AI capabilities

News

Brex Spend Platform Expands to Enable Corporate Event Management

Brex, a global spend platform, launched a group events feature within its Brex travel solution that enables businesses to create and manage corporate events for employees.

Fintech & Ecommerce

Ant Group Partners Central Retail Corporation to Launch Alipay+ in Thailand

The partnership aims to target Asian tourists travelling to Thailand and shopping at brands under Central Retail, providing them with convenient checkout methods via Alipay+ with their local mobile wallet

News

FinMont to Partner With Chargebacks911

The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.

Fintech & Ecommerce

Marketplace Instacart Expands SNAP Payment Acceptance

Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.

News

RBI Introduces Conversational Payments With AI Involved

The Reserve Bank of India is using innovative fintech developments to strengthen the country’s UPI payment system with AI-powered “conversational” payments

News

Airtel Africa and Mastercard Launch New Remittance Transfer Service

The new service can potentially benefit 100 million mobile phone users across the continent

News

Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins

Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries

Fintech & Ecommerce

NerdWallet Partners upSWOT to Support SMBs

The pilot partnership combines the capabilities of upSWOT data-driven embedded finance tools and NerdWallet Small Business’ financial guidance to empower SMBs with comprehensive solutions

Finance & Economics

Bank of America Says About Importance of Transcontinental Transparency for Cross-Border Payments

Isabel Baransky, director of Global transactional services at Bank of America and head of automatic conversion products in transactional currency payments, said that the lack of transparency is the most characteristic feature of the current state of cross-border payments.

Fintech & Ecommerce

Rajmargyatra App Enables Toll Payments for Indian Highway Users

The National Highways Authority of India (NHAI) has introduced a new app to improve the highway user experience and facilitate FASTag toll payments and related services

Fintech & Ecommerce

Airwallex Collaborates With OurCrowd to Make Startup Investing Easier

Airwallex announced the beginning of cooperation with the venture investment platform OurCrowd.

Fintech & Ecommerce

Tradeshift Raises $70 Million

Tradeshift, a platform for creating B2B payments, procurement in supply chains, and B2B marketplace services, announced that it managed to raise investment funds in the amount of $70 million.

News

Rapyd Acquires PayU to Accelerate Expansion Plans

The $610 million acquisition deal enables Rapyd to continue its global expansion across emerging markets in Central and Eastern Europe and Latin America

Finance & Economics

MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed

The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether

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.