Fintech

Visa and CARD91 have partnered to enable regulated entities to issue Forex Cards on the Visa network. This collaboration brings together Visa’s digital payments network and CARD91’s issuance platform-as-a-service solutions to improve the issuance experience for both cardholders and issuers, the companies said in a Thursday (Oct. 3) press release. “We are excited to work […]

Innovation in business-to-business (B2B) payments used to be measured in decades, not years. But now, it can be measured in months — even weeks — as B2B payments undergoes profound transformations. “The three main driving forces are a change in demands and expectations on both the buyer side as well as the supplier side, the changing […]

Explore how digital ecosystems are changing fintech, banking, and insurance to offer cutting-edge services Ecosystems, particularly in the context of fintech, are vast, complex, and difficult to define, yet they provide a wide range of benefits to companies across various industries. These ‘ecosystems’ foster collaboration, innovation and new business opportunities by connecting diverse stakeholders such […]

There used to be a mantra for enterprises: “Always accept how your customer wants to pay.” That was easier when four or five payment mechanisms were available to the customer. Now, with payments taking an almost unimaginable number of forms, enterprises are trying to play catch-up, serving their customers and, possibly, making some revenue from […]

FOMO Pay, a Singapore-based major payment institution, has announced a partnership with Visa. Through this collaboration, FOMO Pay will integrate Visa’s QR into the SGQR network, enabling cardholders to scan the QR code and pay with their Visa cards. FOMO Pay will enable SGQR merchants to accept Visa QR payments, enabling the use of Visa […]

Swift wants to let banks test tokenized transactions on its global messaging network. Beginning next year, financial institutions (FIs) will be able to carry out pilot transactions for settling digital assets and currencies, Swift announced Thursday (Oct. 3), in hopes of demonstrating how FIs can transact interchangeably across asset and currency types using their Swift […]

Brazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is set to hire financial firms to help it with an initial primary offering in New York, Reuters reported Wednesday (Oct. 2), citing two sources familiar with the matter. The report notes that PicPay planned to go public […]

Consumers across five major markets — Brazil, France, Germany, the United Kingdom and the United States — are generally familiar and satisfied with the experience of using digital wallets. The penetration of specific platforms, though, varies by country. Google Wallet use ranges from 20% in the U.K. to around 9% in France and Germany, for […]

The world continues to embrace digitalization across multiple industries, with the financial sector being no exception heading into 2025. Digital payments, once considered an emerging technology, have now become a staple of the global economy. Looking ahead, the collision between digital payments with contactless transactions and cryptocurrencies will continue to drive innovation. However, as the […]

The Hong Kong Science and Technology Parks Corporation (HKSTP) has revealed that Hong Kong’s first commercial high-performance computing (HPC) service has officially launched. Within InnoPark, Hong Kong’s technological industrial estate aimed at generating economic output, a HPC service, hosted by HKSTP, is now fully operational. This service provides the industry with computing power, acceleration tools, […]