Fintech Funding Accelerates in Jordan
Fintech funding in Jordan attracted US$26 million between 2018 and 2022, becoming one of the top investment targets.
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SumUp Raises $300M in Growth Funding
British fintech startup SumUp has raised a fresh funding round that brings the company valuation close to $8.6 billion.
JPMorgan Payments Processes Record Number of Operations in Europe
JPMorgan Payments processed a record number of financial card transactions in Europe last Black Friday and Cyber Monday.
Škoda Launches Pay to Fuel Service
Drivers of Škoda ICE vehicles in select European countries are now able to pay for fuel via their in-car dashboard touchscreen using the Pay to Fuel service.
Payment Ring Users Won’t Replace It With Another Payment Method
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
Chinese Borrowers Reportedly Face Ban on Mobile Payments
Media reports that in China, millions of local consumers are faced with the problem of blocking access to mobile payment apps.
How Deepfake Scams Affect the Payment Industry and What Can Be Done
Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology?
Stripe Enables In-App Tap to Pay Acceptance
Fintech Stripe now allows merchants to accept payments with Tap to Pay directly in the Stripe app.
Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical
A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.
Visa Reveals What Extra Benefits Travellers Are Willing to Pay For
Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.
PayGround Raises More Than $19 Million
PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.
Payment Gateway vs. Payment Orchestration: A Comparative Analysis
The payment industry is in a constant state of evolution, driven by technological advancements and changing consumer preferences. As payment service providers (PSPs) seek to stay ahead in this dynamic landscape, they often face a critical decision: whether to stick with traditional payment gateways or embrace the emerging concept of payment orchestration.
PaymentSense Intends to Obtain Irish Money Licence
In the foreseeable future, competition may intensify in the payment sector in Ireland, as the British-based company PaymentSense plans to apply to the Central Bank of the said country for a license for electronic money.
Remittance Inflows Surge in Kenya
In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.
American Express Allows Spending of Rewards on Amazon
American Express has decided that the cash-back cardholders of this company now have the opportunity to spend their reward dollars on the virtual platforms of the e-commerce giant Amazon.
Mastercard JV to Process Domestic Payments in China
Mastercard joint entity in China received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to start processing domestic payments in the country.
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