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FOMO Pay, a leading Singapore-headquartered major payment institution, has announced a strategic collaboration with Mastercard to launch its Tap on Phone payment solution, FOMO SoftPOS. This solution allows merchants to accept contactless card payments directly on their smartphones[1] with the FOMO Pay app from the Google Play Store. This solution provides customers with more payment…
LSEG (London Stock Exchange Group) and IDVerse today announce a new identity infrastructure partnership to scale global coverage and fight digital deception in customer onboarding. The partnership will complement LSEG’s existing suite of digital identity and fraud solutions, allowing businesses to tackle rising threats such as synthetic media, whilst addressing new geographical opportunities as identity…
GFT Technologies is collaborating with NVIDIA to bring advanced AI solutions to the financial services and manufacturing sectors. The collaboration will combine GFT’s deep expertise in digitalising global banks, financial institutions and manufacturers with NVIDIA’s AI software tools and accelerated computing platform for generative AI to drive a new level of innovation and efficiency in both industries. GFT…
Paymentology, the leading global issuer processor, has signed a referral partnership with Zand Bank, the UAE’s first fully licensed, all-digital bank. This collaboration focuses on expanding financial services for fintechs and startups, aiming to accelerate innovation and growth in the UAE. Since 2022, Zand Bank has empowered UAE and global corporate, institutional, and wealth clients to unlock new…
PayRetailers, the leading payment processor for Latin America and Africa, today announced the appointment of Patrick Lemay as Head of Corporate Development. With over 16 years of experience across fintech, financial services, and payments, Patrick brings valuable expertise to PayRetailers’ corporate development team. Throughout his career, Patrick has managed high-profile projects in both the private…
Investment funds managed by Morgan Stanley Expansion Capital announced today an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. The funding is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships. Founded with the mission to redefine financial…
PXP Financial, experts in global acquiring, payment, fraud and data analysis services, today announces a new partnership with North. Founded in 1992, North builds payment technologies that power businesses and organizations – from point of sale to ecommerce and payment APIs, backed by in-house processing. The partnership is a crucial next step in giving PXP Financial…
Fuel Ventures, a leading UK venture capital fund, has led a £1.5 million Seed funding round in Groov, a leader in embedded lending. Supported by Aperture and a select group of industry-focused angel investors, this investment has aided Groov in its commitment to fostering transformative technology that addresses the needs of small and medium-sized enterprises…
A new nationwide survey conducted by research firm Insight Intelligence in partnership with Trustly, Adyen, Swedbank, and PostNord Strålfors, reveals significant changes in the payment habits of Swedes over the past decade. The survey highlights that more than 98% of Swedes now rely on direct payment solutions from the three leading brands in the space….
Yuno, the world’s leading payment orchestrator, announced the launch of Smart Routing, a revolutionary payment solution that uses Yuno’s proprietary data and intelligent algorithms to automatically route payments through the most efficient pathways. The announcement was made at Web Summit, an event focused on the latest in global technology innovation. This groundbreaking feature marks a…
The capital injection came from the same three funds involved in the previous large round: Addition, Greyhound Capital, and Lightrock. The deal recently received the green light from the Italian government under the GoldenPower regulation. These funds will allow Satispay to ramp up acquisitions, expand its consumer base, and support merchants. It also plans to…
Akuna Wallet, a blockchain-powered digital wallet designed for creators, has launched its pilot in Ghana. Created by The Akuna Group, founded by Idris Elba, and developed by Manon Dave and The Stellar Development Foundation, Akuna Wallet removes barriers to Ghanaian creators receiving payment and provides new access to the global creative economy. Working closely with local regulators, Akuna Wallet…
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