Category: Uncategorized
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Ant Group partners with PayNet
Introduction Ant Group, a subsidiary of Alibaba Group, has recently announced a strategic partnership with PayNet, a leading Malaysian payment network, to enhance financial connectivity and digitalization in the region. This partnership opened up new avenues for seamless and secure digital transactions between Malaysia and China. Benefits of the Partnership The collaboration between Ant Group…
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N26 to discontinue its operations in Brazil
Breaking news in the banking industry! N26, the popular digital bank, has announced its decision to discontinue its operations in Brazil. Important Notice: After careful consideration and evaluation of our market presence, N26 has made the difficult decision to withdraw from the Brazilian market. This decision was not made lightly, and it comes as part…
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Tide partners with BT
London, 15th September 2022 – In an exciting collaboration, Tide, the leading business banking platform, and BT, one of the world’s largest telecommunications companies, have joined forces to innovate and enhance financial services for small and medium-sized enterprises (SMEs). This partnership will offer a wide range of benefits for small businesses, including access to…
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Visa launches VAU in Asia Pacific
Visa, the global leader in payments technology, has officially launched its Visa Account Updater (VAU) service in the Asia Pacific region. This innovative feature aims to enhance payment security and improve customer convenience by automatically updating card-on-file information with participating merchants. With the rapid growth of online and mobile payments, recurring billing has become…
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Ripple and Onafriq enable cross-border digital payments from Africa
In a significant development for the financial landscape of Africa, Ripple, a global technology company specializing in real-time gross settlement systems and currency exchange, has partnered with Onafriq, a leading digital payment provider in Africa. This partnership aims to revolutionize and simplify cross-border digital payments within the continent. Traditionally, cross-border transactions in Africa have been…
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Italian fintech startup Qomodo raises EUR 34.5 mln
Qomodo, an innovative Italian fintech company, has successfully raised EUR 34.5 million in its latest funding round, securing significant investment from several prominent venture capital firms. This funding marks a major milestone for the startup and reflects the growing recognition of its potential in revolutionizing the financial industry. Founded in 2018, Qomodo has quickly gained…
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Mastercard partners with Worldpay and Travel Tax Free
Mastercard Partners with Worldpay and Travel Tax Free Mastercard, a global leader in payment solutions, recently announced its partnership with Worldpay, a leading provider of payment processing services, and Travel Tax Free, a premier VAT refund provider. This strategic collaboration aims to enhance the payment experience for travelers across the globe, facilitating seamless transactions and…
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Moneyhub research: 1 in 5 now using Open Banking payments
Open Banking is revolutionizing the way we make payments in today’s digital world. According to recent research conducted by Moneyhub, a leading financial technology company, it has been found that one in five people now utilize Open Banking payments. Open Banking allows individuals to securely share their financial data with authorized third-party providers through the…
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Airwallex launches Yield returns account
Airwallex Launches Yield Returns Account Airwallex, a leading global fintech company, has unveiled its latest product – the Yield Returns Account. This new offering aims to provide individuals and businesses with a simple and convenient way to generate investment returns on their funds. With the Yield Returns Account, Airwallex customers will have access to…
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Basware partners with Microsoft to improve customer support via AI
September 30, 2022 Basware, a leading provider of networked purchase-to-pay solutions, has announced a strategic partnership with Microsoft to enhance its customer support capabilities through the power of artificial intelligence (AI). The collaboration aims to leverage Microsoft’s advanced AI technologies, such as Azure Cognitive Services and Azure Machine Learning, to develop intelligent customer support…
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Polani Travel partners with BR-DGE
Polani Travel, a leading provider of travel solutions, is excited to announce its partnership with BR-DGE, an innovative technology company revolutionizing the travel industry. As the world gradually recovers from the global pandemic, the travel industry is experiencing a significant shift. Travelers are seeking safe and flexible options for their much-awaited vacations. The collaboration…
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First Abu Dhabi Bank partners with Mastercard
First Abu Dhabi Bank (FAB), one of the largest banking institutions in the United Arab Emirates, has recently announced a partnership with the global payment technology company, Mastercard. This collaboration aims to bring enhanced financial solutions and digital payment capabilities to customers in the region. First Abu Dhabi Bank and Mastercard logos Through this…
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IDnow partners with IATA
IDnow, a leading provider of identity verification services, is excited to announce its partnership with IATA (International Air Transport Association), the trade association for the world’s airlines. This strategic partnership between IDnow and IATA aims to enhance the travel experience by leveraging the power of digital identification. By combining IDnow’s innovative identity verification platform with…
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Fawry partners with MoneyHash
Introduction Fawry, a leading digital transformation and e-payment platform in Egypt, has announced its strategic partnership with MoneyHash, a prominent fintech company. This collaboration aims to revolutionize the digital payment landscape in the region and enhance financial services for individuals and businesses. About Fawry Fawry is a pioneering Egyptian company that provides a wide range…
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Mint to be integrated within Intuit Credit Karma
Exciting news has emerged from the world of personal finance as Intuit, the company behind popular financial management tool Mint, announced its plans to integrate Mint within Intuit Credit Karma. This strategic integration will undoubtedly revolutionize the way individuals manage their finances. A perfect fusion for enhanced financial management Intuit Credit Karma is well-known for…
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Littlepay offers open payments solution for Peru’s public transit
Peru’s public transit system is about to receive a major upgrade thanks to Littlepay, a leading global provider of open payment solutions. With Littlepay’s innovative technology, commuters in Peru will soon be able to conveniently pay for their public transportation rides using contactless cards, mobile wallets, and even wearable devices. Streamlining Public Transit Payments Traditional…
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LG Electronics partners with Stripe
In a significant move towards enhancing its digital payment capabilities, LG Electronics has announced a strategic partnership with Stripe, a globally recognized online payment processing company. This collaboration aims to offer a seamless, secure, and convenient payment experience for LG customers worldwide. Expanding Payment Options LG Electronics understands the importance of providing diverse…
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Payments Canada partners with Nexi
Payments Canada, the country’s leading authority on payments, has officially announced its strategic partnership with Nexi, a leading European payment services provider. The collaboration between Payments Canada and Nexi aims to enhance the payment infrastructure and systems in both countries, fostering innovative and secure payment solutions on a global scale. “This partnership marks a significant…
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Mollie secures a Payment Institution licence in the UK from the FCA
London, United Kingdom – Mollie, the leading payment service provider in Europe, has announced that it has obtained a Payment Institution licence from the UK’s Financial Conduct Authority (FCA). This licence enables Mollie to expand its operations in the UK and offer its innovative payment solutions to businesses across different sectors. Obtaining the Payment…
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PayPal receives approval for crypto operations in the UK
PayPal Receives Approval for Crypto Operations in the UK Exciting news for cryptocurrency enthusiasts in the UK: PayPal, the renowned global online payments giant, has received approval from the Financial Conduct Authority (FCA) to expand its cryptocurrency services in the country. With this approval, PayPal can now allow customers in the UK to buy, sell,…