Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.
Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.
Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.
Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.
Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.