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Stripe, the financial infrastructure platform for businesses, today shared that it processed $1.4 trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% of global GDP. In their annual letter to the Stripe community, cofounders Patrick and John Collison attributed the rapid growth to long-standing investments in artificial intelligence…
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that First Community Credit Union, one of the largest financial institutions in Missouri, will power its future growth and success through the award-winning DNA® from Fiserv core processing platform. FCCU chose DNA due to its modern, member-centric platform that enables greater efficiencies, open…
Leading global digital payments company, Checkout.com, today announced its expansion plans in North America, with the opening of a new office in San Francisco to expand its local operations. This strategic move underpins Checkout.com’s continued commitment to the region, which grew the fastest of all its global regions in 2024. Trusted by global enterprises such…
Entrust, a global leader in identity-centric security solutions, has announced the launch of the NFC Issuer Wallet Solution for iOS, allowing European financial institutions to build their own wallet within their banking app, in addition to deploying the Apple Pay Wallet. “Mobile NFC payment, or tap-to-pay, is a preferred payment method for a lot of…
Embedded finance specialist, Weavr, has appointed Jon Burrell as its new Deputy CEO. With extensive experience across banking and fintech, Jon is ideally positioned to drive Weavr’s growth ambitions in 2025 and beyond. As Deputy CEO, Jon joins to accelerate the company’s next phase of growth, using his extensive experience in scaling financial services businesses…
Building on their previous collaboration, Mastercard and Checkout.com will join forces to facilitate seamless disbursements and payouts for individuals and businesses in the UAE. Leveraging Mastercard Move’s money movement solutions, Checkout.com will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range of…
PXP, a leading omnichannel global payment platform, has announced an integration with Snowflake, the AI Data Cloud company, which will combine PXP’s cutting-edge technology platform with Snowflake’s platform capabilities to enable merchants and partners to better analyse business data and enable faster decision-making. With this collaboration, PXP will deliver a next-generation data engine that aggregates, visualises, and enables real-time interaction…
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, today announced that they have entered into an agreement under which…
inDrive, a global mobility and urban services platform, in strategic collaboration with Fingular, a Singapore-based global financial group, and Indonesian licensed Sharia peer-to-peer lending platform Ammana, has launched inDrive.Money in Indonesia, a financial service designed to support drivers. Through the inDrive app, drivers can access cash funding of up to 10,000,000 Rp, funded by Ammana,…
Yuno, the world’s leading payment orchestration platform, has signed a Memorandum of Understanding (MoU) with Snoonu, Qatar’s fastest-growing super app, at Web Summit Qatar today. This strategic agreement will elevate Snoonu’s payment infrastructure, reinforcing both companies’ commitment to innovation, security, and efficiency in digital transactions. The MoU comes on the heels of Yuno’s milestone announcement…
Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay…
MeaWallet, a leader in tokenization and digital payment solutions, announces its partnership with Backbase, the creator of the Engagement Banking Platform. This collaboration aims to deliver innovative tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. The partnership will feature two groundbreaking solutions: Mea Push Provisioning and Mea Card Data. These solutions will…
