Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries
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
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.
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
Airwallex announced the beginning of cooperation with the venture investment platform OurCrowd.
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.
The $610 million acquisition deal enables Rapyd to continue its global expansion across emerging markets in Central and Eastern Europe and Latin America
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
Commerzbank has become the first German Bank to successfully carry out blockchain-based Letter of Credit (LC) transactions for its clients at its Singapore and Shanghai branches on the digital trade finance platform Contour
The standalone GoPay app has officially launched in Indonesia, after being available as part of Gojek and Tokopedia apps
In Italy, the antimonopoly regulator has decided to approve a deal that will eliminate commission fees for payments and simplify the penalty mode regarding financial operations with small cards.
The Nigerian central bank hopes that the addition of NFC technology will improve the adoption rates for the country’s CBDC – eNaira
The media reports that India and Indonesia intend to combine their fast payment systems.
Block, the company behind the Square payment platform, alleges Visa and Mastercard conspired to inflate interchange fees
In the USA, Balance, a company that offers integrated payment solutions to consumers of financial services, announced the launch of a program for charging additional fees.
The British financial app Revolut has been launched in New Zealand.
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