Fintech

Pine Labs, a merchant commerce omnichannel platform, is partnering with global payments giant Visa to scale digital payment acceptance and advance India’s digital economy ambitions unveiling a new soundbox-enabled device for QR, Near Field Communication (NFC) and card payments: ‘Pine Labs Mini’. Millions of merchants across India currently rely on printed QR codes or other […]

Sweden-based investment platform, SAVR, has implemented instant payments from Brite Payments, an open banking-based instant payments provider, enabling customers to make larger direct money transfers into their accounts more quickly and securely. Through Brite Instant Payments, SAVR customers can now use BankID to authenticate direct transfers of larger sums of money than previously possible into […]

For the second time in three months, the NatWest banking app has suffered technical issues, leaving some customers unable to make payments or fund transfers on Friday morning. More than a thousand disgruntled customers registered problems on the DownDetector site, beginning at around 7:00am, with 67% citing mobile banking as the issue and 20% funds […]

Riyadh, Saudi Arabia – In a significant move to enhance the travel experience for its passengers, Riyadh Air, Saudi Arabia’s pioneering digital-native airline, has announced a groundbreaking partnership with noon Payments, a subsidiary of the Public Investment Fund (PIF) and part of the noon Group. This collaboration aims to revolutionize the airline’s payment processes by […]

Oman’s BankDhofar has selected Entrust to implement its Digital Card Solution (DCS), which will provide customers with digital card capabilities for both the bank’s Islamic and conventional banking applications. BankDhofar is one of the fastest-growing banks in the country. With over 124 branches and a digital banking strategy that enables it to be “closest to […]

Allica – which has been steadily expanding its commercial finance offering for its established business customers – will integrate Tuscan’s team, tapping into its bridging expertise and broker network. Allica has hired Justin Trowse, previously director of structured property finance at LendInvest, to spearhead its move into bridging. The lender plans to further extend its […]

The service is initally being rolled out as a pilot with some of the India’s largest payments players, including payment aggregators such as Juspay, Razorpay and PayU, online merchants such as bigbasket and leading banks such as Axis Bank. Payment passkeys are a response to rising fraud levels in the use of one-time passwords (OTP), […]

KATHMANDU: Digital payment systems are rapidly gaining popularity in Nepal. Young people are increasingly opting for online transactions, making cash less common in daily life. As digital technology continues to evolve, online payments are becoming more prevalent. In Nepal, various platforms facilitate online payments, including mobile banking, digital wallets, Connect IPS, debit cards, credit cards, […]

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational efficiency and improved customer experience. The PYMNTS Intelligence report “Getting Paid: Digital Payments for Improving Cash Flow and Customer Experience” examined how digital payments are reshaping accounts receivable (AR), offering insights into reducing days sales […]

Indonesia has experienced significant growth in recent years – so much so that it is building a completely new capital city to alleviate concerns. But  Boasting a population of over 280 million people, Indonesia is the fourth most populated nation in the world. With a gross domestic product (GDP) per capita of $4,788, the Association of […]