Cashfree Payments Secures $53M to Boost Market Reach
The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.
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Visa Reports Growth in Tokens
Visa’s performance in the first quarter of fiscal 2025 showed a significant increase in the number of payment transactions, carried out in digital format, and a growth in tokens and credentials issued by this payment network.
UPI Transactions Halt for Select Apps
UPI app users are advised to check with their service providers to confirm compliance with the new guidelines, ensuring uninterrupted transactions flow.
ServiceNow Expands Visa Alliance
ServiceNow, a cloud-based platform that automates organisational processes, expands its five-year strategic alliance with Visa to transform payment services, adding dispute management tools to the service package.
Noda Rolls Out AI-Powered Tool for Designing Personalized Payment Pages
Open banking provider Noda has launched a tool that enables gaming streamers and content creators to generate personal payment pages in minutes.
Derivative Path and Wells Fargo to Deliver Enhanced Payment Tools to Regional Banks
The new solution from Derivative Path and Wells Fargo simplifies and speeds up international transactions, allowing smaller regional banks to offer secure and transparent foreign exchange (FX) payment services similar to those provided by big financial institutions.
Why Businesses Struggle to Discover Reasons For Failed Payments
Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]
Bank of America CEO Says Financial Industry to Jump Into Crypto Payments
Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.
Nuvei Brings Omnichannel Payments to UK Gaming
With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.
Digital Payments Surge in Non-Metro Cities of India
The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.
Citi GPS Identifies Agentic AI as a Transformative Force in Finance
A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.
AI Agent Market Cap Sees Tremendous Growth
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
Alipay Tap Debuts in Macao
Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.
Female-Led Fintech: Top Apps Addressing Gender-Specific Issues
While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.
Thailand to Pilot Crypto Payments for Phuket Tourists
Foreign tourists in Thailand might soon be able to use Bitcoin and other crypto to pay for goods and services in Phuket, one of the country’s most popular tourist destinations.
KuCoin Launches Crypto Payment Solution
KuCoin exchange has introduced a KuCoin Pay merchant solution aimed at integrating crypto payments into the retail sector.
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.
