Fintech

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, […]

Global issuer processor Paymentology is joining forces with ViaCarte, a customisable payment platform and issuer, to increase card issuance across Latin America and the Caribbean. Through the new collaboration with Paymentology, ViaCarte will offer BIN sponsorship, enabling SMEs to launch their own card programmes. Clients can go to market quickly and cost-effectively thanks to the combined expertise of […]

Aktionariat AG, a Swiss equity token specialist, and securities firm Taurus SA have partnered to enable selected tokenised Swiss SMEs to trade on Taurus’ Digital Exchange (TDX). This collaboration combines Aktionariat’s nous in tokenising equity with Taurus’ institutional-grade trading platform, offering a potential pathway for companies to access a broader network of investors. Under this partnership, Taurus will support tokenised […]

Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and the United Arab Emirates. The collaboration will see Amazon Payment Services adopt Mastercard Gateway […]

PENNSYLVANIA, USA — On Monday, Pennsylvania Turnpike officials announced that customers can now use Google Pay and Apple Pay as the newest options to pay tolls. “These new payment options deliver what the majority of our customers want: seamless and convenient mobility,” said Pa. Turnpike CEO Mark Compton. “Our customers have a clear preference for […]

Trinidad and Tobago is working with a subsidiary of NPCI, the developer of India’s Unified Payments Interface (UPI), to implement a similar solution in the Caribbean nation. NPCI International Payments Ltd., a wholly owned subsidiary of NPCI that’s devoted to the deployment of UPI outside of India, entered into a strategic partnership with the Ministry […]