India’s Central Bank Abandons UPI Rival Project
The UPI-alternative project that had attracted interest from major tech and finance industry players, including Amazon, Reliance, Facebook, Tata Group, Google, HDFC, and ICICI, is winding up
The UPI-alternative project that had attracted interest from major tech and finance industry players, including Amazon, Reliance, Facebook, Tata Group, Google, HDFC, and ICICI, is winding up
The customers of the digital wallet Curve in 31 European countries will enjoy a new level of convenience and flexibility with wearable payments powered by Tappy Technologies
The Malaysian company SoftPOS Soft Space has attracted investment funds in the amount of $ 31.5 million following the results of the Series B1 financing round.
PayPal announced a multi-year strategic partnership with the global entertainment company Live Nation Entertainment, becoming the preferred payments partner
The Stripe payment company processed transactions totaling more than $817 billion in 2022.
The South African company Peach Payments, which specializes in providing financial services in the field of online payments, announced the receipt of additional funding in the amount of $ 31 million from Apis Growth Fund II.
Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients
SimplyGo! service allows all citizens of Austria to make contactless fare payments for both single and multi-modal journeys with just two swipes on their smartphone screen
Grubhub is actively implementing new payment solutions to ensure the security of college students’ expenses.
Visa is interested in purchasing the Pismo cloud banking and payment platform.
JP Morgan plans to implement a plan to introduce biometric payments as part of a partnership with retailers in the United States.
Fast food network Panera Bread is introducing the Amazon One palm reading technology to enable seamless payments and access to the loyalty program
The Central Bank of the UAE and the Reserve Bank of India have agreed to jointly explore innovation in financial products and services, especially Central Bank Digital Currencies (CBDC)
Two announced the attraction of investment funds for 18 million euros (about $ 19.4 million).
Qolo, a leading operator of omnichannel payments and card issuance, announced the beginning of cooperation with PayQuicker, a leader in financial technology in the global payment systems market.
EBA Clearing, AusPayNet, and Payments Canada have transformed their payment systems to adapt to the new ISO 20022 data exchange format.
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