Zūm Rails unveils new anti-fraud tools to strengthen payment security

September 20, 2021

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Rogue mobile banking app presence records 140% year-on-year hike

September 15, 2021

A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.

Xendit enters unicorn club following Tiger Global-led Series C

September 15, 2021

Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.

Papaya Global snares $250m in Insight Partners-led Series D

September 13, 2021

Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.

pingNpay eyes 2022 launch for global retail micropayments network

September 13, 2021

pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.

BNPL platform Scalapay snags $155m in Tiger Global-led round

September 10, 2021

Italy-based payment solution that enables customers to buy now and pay later (BNPL) without interest Scalapay raised $155m in equity funding as part of their Series A round.

Digital wallets to drive £11bn in online spending by 2026

September 8, 2021

A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.

PayTech Sokin joins Arsenal Football Club as money transfer partner

September 8, 2021

UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.

Late payments can create dangerous ‘domino effect’ across entire supply chain

September 8, 2021

A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.

Amazon to offer BNPL services to its US market through Affirm alliance

August 31, 2021

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.