Payment processing market to be worth $120.7bn by 2025
New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.
EQT acquires cross-border payments platform Banking Circle
EQT has acquired Saxo Payments Banking Circle from Saxo Bank and other minority investors.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
Medius nabs minority investment from PE firm Advent International
Medius, which offers source to pay solutions, has received a minority investment from private equity firm Advent International.
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.
MYPINPAD enters Australian market with AusPayNet certification
Payment solutions provider MYPINPAD has expanded its presence into Australia after it received certification from the Australian Payments Network (AusPayNet).
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
Invoicing app for creators Lumanu bags $12m in Series A funding
Lumanu has bagged $12m in its Series A funding round to help further the development of its platform that simplify payment collection for creators.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
© Fintech Global © Copyright 2021. All rights reserved.
