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Modulr, the embedded payments platform, has announced the addition of payroll services to its integration with Xero, the online accounting software provider. This enhancement aims to help businesses reduce payroll payment errors and administrative overhead, ensuring that employees are paid accurately and on time, every time. Despite technological advances, payroll errors remain a significant issue,…
Ecommpay, an end-to-end payments platform, is expanding its global reach by introducing three essential Italian Alternative Payment Methods: BANCOMAT Pay, MyBank, and Satispay. This addition is set to enhance the performance of e-commerce merchants both within Italy and those targeting the Italian market, by offering more tailored payment options that improve conversion rates. Moshe Winegarten,…
MANSA, a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa. Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation…
Cleafy, a Milan-based leader in digital banking fraud prevention, has officially launched its UK operations, marking a significant step in its global expansion. Known for its cutting-edge AI-driven technology, Cleafy has protected billions of transactions across over 100 million accounts at top financial institutions worldwide, handling an average annual transaction value of $700 billion. The…
110x Banking, a cloud-native core banking platform, has announced a new strategic partnership with SunTec Business Solutions, the global leader in relationship-based pricing and billing. This collaboration aims to empower banks with the ability to offer highly personalized and contextual products, services, and offers across Corporate, SME, and Retail Banking sectors. As customer expectations continue…
Backed by Fingular, a global neobank renowned for its innovation, AhaPay has unveiled its highly anticipated Buy Now, Pay Later (BNPL) service in Malaysia. Fingular, which launched first-in-Malaysia digital lending business under the Tambadana brand, attracted significant attention in recent months after it announced that it had obtained a digital lending license and that it…
Comun, a digital bank focused on serving immigrants in the U.S., has raised $21.5 million in a Series A funding round, just months after securing $4.5 million in its previous raise. This rapid follow-up highlights the startup’s significant traction in the crowded immigrant-focused banking space. Founded by Andres Santos and Abiel Gutierrez, Comun has grown…
Fiserv clients will soon have a more streamlined way to integrate PayPal, Venmo, and related services, thanks to a new connection point with Fastlane by PayPal. This development aims to accelerate guest checkout flows in the U.S. The enhancement stems from an expanded global strategic partnership between Fiserv and PayPal, as announced in a press…
Grey is taking a major leap forward in simplifying cross-border payments with its new partnership with dLocal, a leading cross-border payment platform for emerging markets. Despite the growth in digital banking solutions, around 1.7 billion people globally remain unbanked, particularly in developing regions. Traditional banking methods often make global transactions expensive and slow, complicating money…
Crown Agents Bank (CAB) and Visa today announced a collaboration to enable fast, efficient and reliable payments and FX, especially across the ‘last mile’ – a term for the final and most complex stage in the payment process. CAB is a UK-regulated bank specialising in FX and cross-border payments for hard-to-reach markets. Visa has historically used…
emerchantpay, a leading global payment service provider and acquirer, has announced the expansion of its strategic partnership with Novalnet AG, a German-based pioneer in all-in-one global payment services, to the United States. Building on their successful collaboration in Europe, this partnership aims to enhance Novalnet’s capabilities and maximise its merchant growth across the US by…
Silverflow, a leading innovator in payment processing technology, has partnered with Halo Dot, a pioneering provider of SoftPOS solutions to supply businesses with a seamless and powerful payments solution, combining Halo Dot’s SoftPOS application and Silverflow’s cutting-edge processing engine. Silverflow is building upon the decades-old payments infrastructure with new technologies fit for 21st-century businesses, making it unique…
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