Mobile Payments

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 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 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, 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.

NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.

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 has collaborated with digital payments enterprise ACI Worldwide to help the latter provide its merchants with a more enhanced payment experience.

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.

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 company Paga has raised $10m in a Series B2 round led by the Global Innovation Fund.