payments

Fintech & Ecommerce

Cashfree Payments Secures $53M to Boost Market Reach

The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.

News

Visa Reports Growth in Tokens

Visa’s performance in the first quarter of fiscal 2025 showed a significant increase in the number of payment transactions, carried out in digital format, and a growth in tokens and credentials issued by this payment network.

Fintech & Ecommerce

UPI Transactions Halt for Select Apps

UPI app users are advised to check with their service providers to confirm compliance with the new guidelines, ensuring uninterrupted transactions flow.

Fintech & Ecommerce

ServiceNow Expands Visa Alliance

ServiceNow, a cloud-based platform that automates organisational processes, expands its five-year strategic alliance with Visa to transform payment services, adding dispute management tools to the service package.

News

Noda Rolls Out AI-Powered Tool for Designing Personalized Payment Pages

Open banking provider Noda has launched a tool that enables gaming streamers and content creators to generate personal payment pages in minutes.

News

Ripple Announces Money Transmitter Licenses in New York and Texas

Blockchain payments company Ripple Labs stated that it had secured money transmitter licenses in New York and Texas, US states.

News

Tink, Adyen & Recharge Bring Pay by Bank to Germany

Adyen partnered with Tink and Recharge to introduce Pay by Bank – a payment method that allows customers to pay directly from their bank accounts, simplifying the payment process and reducing delays.

News

Derivative Path and Wells Fargo to Deliver Enhanced Payment Tools to Regional Banks

The new solution from Derivative Path and Wells Fargo simplifies and speeds up international transactions, allowing smaller regional banks to offer secure and transparent foreign exchange (FX) payment services similar to those provided by big financial institutions.

Fintech & Ecommerce

Why Businesses Struggle to Discover Reasons For Failed Payments

Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]

Finance & Economics

Record Number of US Consumers Makes Minimum Credit Cards Payments

The Philadelphia Federal Reserve has published a report showing that consumer stress has increased as the share of cardholders making only minimum payments on their bills grows.

News

Bank of America CEO Says Financial Industry to Jump Into Crypto Payments

Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.

News

Nuvei Brings Omnichannel Payments to UK Gaming

With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.

News

Digital Payments Surge in Non-Metro Cities of India

The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.

News

Citi GPS Identifies Agentic AI as a Transformative Force in Finance

A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.

Blockchain & Crypto

AI Agent Market Cap Sees Tremendous Growth

The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.

Fintech & Ecommerce

Alipay Tap Debuts in Macao

Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.