Payments

EU Moves Closer to Instant Payment Ubiquity

Europe is undergoing a profound transformation in its instant payment landscape as the bloc strives to become a leader in payment innovation. Recognizing the need for enhanced adoption of real-time payments, regulatory bodies are driving the push for better instant

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Experts Meet in Davos to Discuss How India’s UPI and Digital Public Infrastructure Has Helped Reduce Inequalities

On 16th January, during the Davos Innovation Week hosted by World Innovation Economics Limited, a panel discussion was held on the above topic. The panel discussion was graced by Mr. Sanjeev Sanyal (Economic advisor to PM Modi), Mr. Phillip Weights

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Commerzbank Forms New Digital Payment Venture Globalpay

Commerzbank and Global Payments, a leading worldwide provider of payment technology and software solutions, announced a joint venture to offer digital payment solutions to small and medium size business customers across Germany. The new entity, Commerz Globalpay GmbH, is expected

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Zurich Based Card Payment Fintech Rivero Raises $7 Million Series A

Rivero, a Swiss Fintech specialising in digitalisation and automation of payment processes, announced that it has raised $7 million in a Series A round. The round was led by 6 Degrees Capital and Inference Partners, with participation from Kraken Ventures,

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Klarpay Simplifies Global Micropayments for Digital Businesses

In the ever-evolving landscape of digital businesses, micropayments have emerged as a pivotal financial mechanism, particularly on platforms hosting freelancers, creators, and gig workers. These small-scale transactions are increasingly vital in a world where digital services and content are monetised

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BNP Paribas Launches Fintech Marketplace Panto

The autonomous fintech was created thanks to the partnership between BNP Paribas and the 321founded Corporate Startup Studio to develop an innovative, secure solution. Co-founded by the entrepreneurial team at 321founded and BNP Paribas, Panto offers a marketplaces with a

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Nuvei and Esenda Collaborate to Offer E-Payments for Education Fees

Nuvei Corporation has partnered with Esenda, a UK-based independent school fee management field, to collaboratively unveil an online platform for tuition fee collection and income management. The collaboration works by fusing Nuvei‘s payment technology with Esenda’s detailed fee management system,

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PayPal Rolls Out Stablecoin Backed by U.S. Dollar

Global payment giant PayPal announced the launch of a U.S. dollar-denominated stablecoin which will be available to consumers, merchants and developers to seamlessly connect fiat and digital currencies. PayPal USD (PYUSD) is backed by U.S. dollar deposits, short-term U.S Treasuries

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BPC Partners With Ellipse to Boost Payment Transaction Security

Swiss payment solution provider BPC announced that it has expanded its partnership with U.S.-based fintech company Ellipse World. The partnership will focus on bolstering security measures and privacy for customers by integrating EVC® (Ellipse Verification Code), Ellipse’s dynamic card security

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SumUp Enables JCB Card Acceptance for Its European Merchants

SumUp, a London-based global payments service provider, has tied up with Japan-based card scheme JCB International to enable the acceptance of JCB Cards across its European merchant network. The enablement of JCB Card will allow SumUp’s merchants in Europe, which

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