Paytiko – Countering Payment Management Issues
With its all-in-one platform, Paytiko streamlines payment management for online merchants by connecting business to top-notch processors, ensuring security, providing real-time data, and improving end-user checkout experiences. Via the integration of multiple payment methods and the automation of reporting and reconciliation processes, Paytiko helps businesses save time and reduce administrative tasks and expenses. The company […]
Visa teams up AWS Partner Network to simplify global digital payments
Visa, a world leader in global digital payments, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select […]
Konstantin Tserazov: Digital Payments and Financial Inclusion – The Case of Gulf Countries
How are digital payments and financial inclusion transforming the economic landscape of the Gulf countries? Konstantin Tserazov, a renowned economist and former Senior Vice President of Otkritie Bank, delves into the complex interplay of digital payments and financial inclusion in this region. His focus is on how these technological advancements are reshaping the region’s economic […]
TerraPay designates Ruben Salazar Genovez as President
TerraPay, a global money movement company, announced the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President. As a seasoned veteran of the payments industry with experience at Visa, Citibank, Barclays and Mastercard, Mr Salazar Genovez has established himself as a respected leader in the payments industry. Prior to joining TerraPay, he served as […]
Ripple collaborates with Onafriq to facilitate crossborder payments
Ripple, the leader in enterprise blockchain and crypto solutions, and leading payments fintech Onafriq, previously MFS Africa, announced yesterday that they are partnering to facilitate digital asset-enabled cross-border payments between Africa and several new markets, including the Gulf Cooperation Council (GCC), the UK and Australia. Onafriq is utilising Ripple Payments, Ripple’s crypto-enabled payments technology, to open […]
Swift and Wise team up to expand cross-border payments
Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency. Financial institutions seeking to innovate their offerings will be able to route Swift payment messages directly to Wise Platform – Wise’s infrastructure […]
Alipay+ launches the Premier Partner Program to enhance Marketing value
Alipay+, which provides a suite of global cross-border digital payments and marketing solutions, today announced the launch of Premier Partner Program across the world as a major innovation on destination-focused and mobile-native marketing operations. During the launch phase, the program has attracted some 30 top Asian retailers including Daimaru Matsuzakaya Department Store and Shilla Duty […]
Strike introduces its cross-border payment service “Send Globally” in Mexico
Strike, the global money app for Bitcoin and fast, secure payments, yesterday announced the expansion of “Send Globally” to Mexico. With this expansion, it will bring its payment service to the largest remittance market in the US. In 2022, Mexico received $60 billion in remittances from the US alone, about 95% of total remittances from abroad. Today, sending a payment from […]
StoneX Global Payments & TIS partner to offer enhanced FX payment services
Recently, StoneX Global Payments and TIS have formally announced an official partnership agreement. Under the arrangement, StoneX and TIS will combine their extensive experience in cross-border payments and cloud-native payment solutions to create an unparalleled level of global service and coverage for corporate treasury and finance teams. The partnership, which leverages both companies’ comprehensive industry […]
TerraPay raises in excess of USD100 million in series B funding
TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors. The funding will help […]