Standard Chartered and Allinpay Enables Instant Cross-Border Payments in Hong Kong
Standard Chartered Bank and Singapore-based Allinpay have made PayNow’s instant cross-border payments feature available to merchants and businesses in Hong Kong.
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Nine Banks Invest $45 Million in Carbon Credit Transaction Network
The banking group, consisting of nine large financial institutions, has directed investments of $45 million to the development of Carbonplace, a global network of transactions on carbon credits based on DLT, founded by them.
Akurateco has announced its certification with Elavon
Global payment orchestration platform and white-label payment gateway provider, Akurateco, has recently announced its certification to an international payment provider and a subsidiary of U.S. Bank, Elavon.
Nepal Introduces in Stores NFC Mobile Payments
Residents of Nepal got the opportunity to make contactless NFC payments by connecting a smartphone to a special reader at a point of sale (POS) without the need for an Internet connection.
Impersonation Scams: What They Are and How to Spot Them
Every day, millions of people encounter scams. Whether they’re anonymous phone calls, phishing emails, or suspicious texts, the intent is the same – to steal your hard-earned money.
Nucleus365 Launches European Instant Payments
Nucleus365 launched a fast payment system for its European customers.
Wink Secures $3 Million Seed Investment
Wink, a US-based biometric identification and payments platform, has reported receiving an additional initial investment of $3 million.
Fintiv and Geoswift Collaborate on Digital Money Transfers to Asia
Fintiv and Geoswift have established a cooperation to enable cross-border money transfers to Asia.
Payment Methods Popular In the UK iGaming Industry
Usually, when visiting an online casino, a player sees a wide offer of payment methods. Some may even be confused, not understanding which one should be preferred. Will it be safe to pay with a regular credit card, or is it better to choose more anonymous deposit methods?
App Strike Expands in Philippines to Grow Cross-Border Payment Solutions
Strike, a bitcoin-based payment network and financial application, is expanding its operations in the Philippines.
Klarpay Expands International Payment Offering With 13 New IBAN Accounts
Swiss business payments platform Klarpay adds 13 new currency IBAN accounts to its cross-border payment offering to empower digital businesses to expand their international reach
BharatX Partners Snitch for BNPL Services
The partnership allowed Indian clothing brand Snitch to enable the white-label BNPL option provided by BharatX on its checkout page
Central Bank of Jordan Doubles Daily Contactless Limit
The Central Bank of Jordan (CBJ) decided to increase the daily limit for individual contactless transactions made without a PIN.
Dutch Rail Network NS to Roll Out of Contactless Open Loop Fare Payments
The Dutch railway operator NS has announced the launch of a contactless open-ended fare payment system as part of its OVpay service.
Montenegro to Create CBDC with Ripple
The southeastern European country has partnered with Ripple to develop its own CBDC.
Interac Vs eCheck – The Best Casino Payment Solution for Canadian Players
Interac is a real-time debit network that allows for quick transactions. eCheck takes somewhile to clear through the Automated Clearing House (ACH) network. Both options have their own advantages. The choice between the payment methods depends on the user’s specific needs and preferences. Interac offers a user bonus system and low-cost money transfers, while eCheck […]
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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