Veriff, Monese partner to offer secure digital banking services to Europe
Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.
Klarna’s new app introduces social shopping to UK consumers
Klarna's latest app update is aimed at elevating the shopping experience for its UK customers to offer them more flexibility, control and personalisation while shopping online.
The growing pains: Why payments firms are struggling to scale in 2023
The rise of the digital age has brought a plethora of growth opportunities for FinTechs and non-banking financial institutions (FIs). However, many of these entities find themselves ill-prepared to harness these potential gains fully.
TerraPay and Bancolombia join forces to revolutionise cross-border remittances in Colombia
TerraPay, a global payments network known for its agility and vast reach, has partnered with Bancolombia, Colombia's foremost player in remittances in a bid to revolutionise cross-border remittances in the region.
Card issuing platform for developers Lithic valued at $800m with Stripes-led Series C
NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.
Contactless mobile payment users to exceed 1 billion by 2024
The total number of unique contactless mobile payment users will reach one billion for the first time in 2024, according to a report from Juniper Research.
J.P Morgan partners with ACI to bolster European payments capabilities
J.P Morgan has collaborated with digital payments enterprise ACI Worldwide to help the latter provide its merchants with a more enhanced payment experience.
XTM launches Reverse ATMs enabling people to insert money at the kiosk
Toronto-based mobile banking startup XTM has announced it will begin shipments and installations in early October of its new so-called Reverse ATMs to large venues and stadiums across North America.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.
Nigeria-based payments app Paga bags $10m Series B2
Nigeria-based payments company Paga has raised $10m in a Series B2 round led by the Global Innovation Fund.