Colombia's Fintech Firm Supra Targets SMBs in Latest Funding Round Led by Citi
The global banking giant Citi led a funding round for Colombia's fintech firm Supra aimed at enhancing cross-border payments in the country. Supra plans to empower Colombia's Small and Medium-sized...
View ArticleSumUp Raises over $300M, Defies European Fintech Trend
British payments startup SumUp has raised €285 million ($306.6 million) in a new round of funding led by Sixth Street Growth and Bain Capital Tech Opportunities. Existing investors Fin Capital and...
View ArticleApex Fintech Solutions Renews IPO Plans, Files Documents with the SEC
Apex Fintech Solutions has revived its aspirations for an initial public offering (IPO), according to an announcement shared by the company on Businesswire. The firm has confirmed that it has...
View ArticleExecutive Playbook 2024: Crafting Strategies for Payment Success
In the realm of financial services, the trajectory of payments is experiencing a metamorphosis, and the currents of change are set to redefine the very essence of transactions. It seems as the pulse of...
View ArticleFedNow and the Looming Challenge of Authorized Push Payment Fraud
The advent of FedNow, the Federal Reserve Bank's instant payments network, has ushered in a new era of real-time capabilities. However, alongside this innovation, concerns are mounting about the...
View ArticleUK Contemplates Visa and Mastercard Fee Caps Amid Crypto Disruption
In a strategic move against the backdrop of a rapidly evolving financial landscape, the Payment Systems Regulator (PSR) in the UK has unveiled a groundbreaking proposal to cap interchange fees imposed...
View ArticleUnveiling the Future: The Trajectory of the Payments Industry in 2024
As we anticipate the dawn of 2024, the payments industry stands at the precipice of transformative shifts, paving the way for innovation and adaptation. As such, let’s delve into the diverse facets...
View ArticleCapitolis Sets Sights on Institutions for FX Options Portfolio Automation
The fintech firm Capitolis has released a statement highlighting the expansion of its novations platform. This platform, which aims to optimize investors’ portfolios by automatically replacing existing...
View ArticleWhat Lies Ahead for Amazon Payments?
In a surprising turn of events, PayPal's Venmo will bid farewell to Amazon as a payment option starting January 10, 2024. This unexpected split comes after recent changes, leaving users with questions...
View ArticleThe Shifting Tides of Consumer Credit: A Confluence of BNPL and Traditional...
As the landscape of consumer credit undergoes a dynamic transformation, two narratives converge, reflecting the evolution of payment methods and the associated risks and opportunities. The Office of...
View ArticlePioneering FPS Governance: Crafting the Blueprint for 2027
In the ever-evolving realm of cross-border payments, the integration of fast payment systems (FPS) has emerged as a promising avenue to enhance the speed, affordability, accessibility, and transparency...
View ArticleWorldline Expands Asian Footprint with New Singapore License
Worldline Group's wholly owned subsidiary, GCS APAC, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This license allows GCS APAC to provide domestic...
View ArticleLondon's Ebury Eyes African Market with Prime Financial Markets Takeover
The London-based global financial technology firm Ebury has announced the acquisition of Prime Financial Markets, a financial services firm based in Johannesburg, South Africa. Prime Financial Markets,...
View ArticleEurope Charts a New Horizon with Pioneering AI Regulation
In a groundbreaking move, European Union officials have successfully negotiated a provisional deal, marking the world's first comprehensive laws governing the use of artificial intelligence (AI). After...
View ArticleBanking on the Future: OCC's Roadmap through Risks and Regulations
The Office of the Comptroller of the Currency (OCC) has recently presented its Semiannual Risk Perspective for Fall 2023, delving into the critical challenges facing the federal banking system. The...
View ArticleBeyond Transactions: Crafting Experiences in the Payment Journey
In the realm of payments, weaving a tapestry of value around each transaction hinges on a meticulous understanding of the customer journey and the sales funnel. Let's embark on a journey that delivers...
View ArticleMicropayments vs. Subscriptions: Decoding the Currency of Convenience
In the ever-evolving landscape of financial transactions, the clash between subscription-based payment models and micro-transactions has emerged as a captivating arena of debate and strategic...
View ArticleSEC Charges Dozy Mmobuosi and Affiliated Entities in Fraud Scheme
The US Securities and Exchange Commission (SEC) has filed charges against Mmobuosi Odogwu Banye, also known as Dozy Mmobuosi, and three affiliated entities: Tingo Group Inc., Agri-Fintech Holdings...
View ArticleThe Ripple Effect of Instant Payments on Financial Dynamics
In an ever-evolving financial landscape, the acceleration of transactions has taken center stage, with instant payments becoming a transformative force. As this payment revolution gains momentum, the...
View ArticleRevolutionizing Payments: EPI's wero and Melio's Real-Time Revolution
In a dynamic shift towards accelerated payment solutions, both the European Payments Initiative (EPI) and Melio are pioneering advancements that promise to reshape the financial landscape. With a...
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