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HPS Acquires CR2, an Irish digital banking and payments company

HPS has acquired CR2, a well-established Irish digital banking and payments software company. With offices in Dublin, Dubai, Jordan, India, and Australia, CR2’s flagship platform, BankWorld, is deployed at over 90 banks in more than 50 countries, offering a comprehensive suite of digital banking, digital wallet, and payment functionalities. For the 12 months ending June…

Venture & Investment · 28 مايو 2024 · مدة القراءة: 1 د

Zopa partners with Octopus Energy to enter the UK’s renewable energy market

Zopa and Octopus Energy are joining forces to accelerate the adoption of renewable energy in the UK. This partnership will offer Octopus Energy customers access to Zopa’s suite of fully regulated Buy Now, Pay Later (BNPL) and retail finance products. With this collaboration, Zopa will finance the purchase and installation of solar panels for Octopus…

FinTech · 24 مايو 2024 · مدة القراءة: 1 د

Leap Financial and Mastercard Introduce Integrated Remittance Services

This solution enables Latin American banks, fintechs, retailers, and telcos to improve the digitalization of remittances, reducing costs, strengthen financial inclusion and enhance the consumer’s user experience. Leap Financial, a company at the intersection of fintech, AI, and cultural insight, has partnered with Mastercard to launch an Embedded Remittance service. This comprehensive white-label solution allows…

FinTech · 22 مايو 2024 · مدة القراءة: 4 د

Kudos secures $10.2 million in funding to enhance its AI-driven smart wallet offerings

Kudos, based in Los Angeles and known for its AI-enhanced smart wallet service, has raised $10.2 million in a Series A funding round. Silicon Valley Journals reports that the round was spearheaded by QED Investors, with contributions from Patron, The Points Guy founder Brian Kelly, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype…

Venture & Investment · 20 مايو 2024 · مدة القراءة: 2 د

Wise Launches in the Philippines

Wise announces the launch of the Wise Account and Card in the Philippines, offering an innovative and cost-effective solution for global financial transactions. This new service is tailor-made for Filipinos living international lifestyles, such as freelancers, remote workers, and dependents of overseas foreign workers, simplifying the way they receive and spend money worldwide. The Wise…

FinTech · 15 مايو 2024 · مدة القراءة: 2 د

Swedish Fidesmo Powers Polar’s Wristband with Contacless Payments

Polar Electro, the world leader in personal guidance for fitness, sport, and health, has announced a partnership with the pioneering Swedish tech company Fidesmo to introduce a new collection of sports watch wristbands that are enabled for convenient and safe contactless payments. Simple to adapt and made of soft, durable silicone, these payment wristbands are…

FinTech · 15 مايو 2024 · مدة القراءة: 3 د

Chime Introduces a New Service Allowing Workers Early Access to Their Paychecks

Chime Financial Inc., a leader in the fintech industry known for its no-fee banking services, is introducing a new option for consumers to access up to $500 of their paychecks ahead of schedule. This new offering, termed “earned-wage access,” represents Chime’s debut in this rapidly growing financial service sector. The product, named MyPay, enables users…

FinTech · 15 مايو 2024 · مدة القراءة: 1 د

Amex and Worldpay to Provide Expanded Payment Options and Simplified Processing for SMBs

American Express and payment solutions company Worldpay have signed a new agreement which makes it even easier for small businesses to welcome loyal and high-spending American Express Cardmembers. The agreement is part of a continued strategic approach by American Express to fuel the company’s momentum in the UK and expand the number of locations where its Cardmembers can…

FinTech · 13 مايو 2024 · مدة القراءة: 2 د

Bankart Chooses Diebold Nixdorf to Upgrade its Payment Processing System in Southeast Europe

Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Bankart, the leading payment processing company in Slovenia and the surrounding region, is migrating its payment services by using Diebold Nixdorf’s proven Vynamic® Transaction Middleware. The cloud-native solution will drive modern payment capability for ATMs, point-of-sale (POS) terminals,…

FinTech · 13 مايو 2024 · مدة القراءة: 2 د

Hitachi Payment Services launches India’s first Upgradable ATM

Hitachi Payment Services, India’s leading payments and commerce solutions provider, today announced the launch of the country’s first Upgradable ATM. The Upgradable ATM can be transformed into a high-performance Cash Recycling Machine (CRM) at any point of time. Manufactured under the Make in India initiative, these new Upgradable ATMs provide more flexibility and efficiency to…

Product & Growth · 24 أبريل 2024 · مدة القراءة: 2 د

Volt launches one-click PayTo payments in Australia

Volt, the global real-time payments platform, today announces the launch of its secure, PayTo based, one-click payment solution for its retail customers in Australia. In addition to simplifying the payments experience for customers and eliminating credit card surcharges, this next-generation online digital payment solution allows retailers to receive payments instantly. Volt’s new one-click payment feature integrates with PayTo,…

Product & Growth · 24 أبريل 2024 · مدة القراءة: 2 د

USDt Rolls Out on TON, Embracing True Peer-to-Peer Experience

The world’s largest stablecoin, USDt, is now live on The Open Network (TON), the first blockchain Integrated with Telegram. This launch introduces a groundbreaking Web3 experience for Telegram’s 900 million monthly users, enabling global peer-to-peer payments directly through the app. At the TON Foundation, we view this development as a major leap forward in making…

FinTech · 19 أبريل 2024 · مدة القراءة: 3 د