Search Results for: digital economy

Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Boom Launches its DeFi Ecosystem To Lead the Unbanked Generation
Banking DeFi News

Boom Launches its DeFi Ecosystem To Lead the Unbanked Generation

GlobeNewswire
by GlobeNewswire0
Boom DeFi Ecosystem is a secure, self-custodial platform providing e-commerce solutions and financial autonomy without traditional banking Boom Technologies (“Boom”), a DeFi unicorn and e-commerce provider for the unbanked, has announced the official launch of its decentralised finance market infrastructure, a secure and comprehensive e-commerce solution designed to empower the......
Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya
Digital Payments Fintech News

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

Business Wire
by Business Wire0
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission......
Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
by Prajakta Ayade0
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
TFSF Pulse Launches Global Agent Program to Transform Merchant Payment Solutions
Digital Payments News

TFSF Pulse Launches Global Agent Program to Transform Merchant Payment Solutions

Cision PRWeb
by Cision PRWeb0
TFSF Pulse, an innovative provider of customized payment solutions and a proud subsidiary of TFSF Ventures FZ-LLC is excited to announce the launch of its Global Agent Program, set to begin on October 7, 2024. This strategic initiative aims to onboard up to 25 global agents to lead the distribution and integration......
ACI Worldwide Collaborates with Red Hat to Deliver Enterprise Payments for the Cloud Era
Finance Fintech News

ACI Worldwide Collaborates with Red Hat to Deliver Enterprise Payments for the Cloud Era

Business Wire
by Business Wire0
ACI joins Red Hat partner ecosystem to support cloud enablement for ACI’s industry-leading enterprise payments platform across any cloud infrastructure with Red Hat OpenShift ACI Worldwide, an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world’s leading provider of open source solutions, to make......
Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences
Artificial Intelligence Blockchain Finance Fintech News

Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

Business Wire
by Business Wire0
Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets. Futureverse will enable secure, compliant Know Your Customer (KYC) verified access to DeFi via its self-developed Ottó......
Surge in Cross-Border Payments Fuels 142% Year-Over-Year Growth in Trulioo Remittance Transactions
Digital Payments News

Surge in Cross-Border Payments Fuels 142% Year-Over-Year Growth in Trulioo Remittance Transactions

Business Wire
by Business Wire0
Leading Global Companies Turn to Trulioo Platform and Performance Analytics for Advanced Verification Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, announced a 142% year-over-year increase in remittance-related transaction volume through its platform. As cross-border payment demand reaches new heights, remittance companies continue to turn to......
Banking Digital Payments Finance Fintech Guest Posts

International Payments: Bridging the Gap in a Borderless World

Martynas Bieliauskas
by Martynas Bieliauskas0
By Martynas Bieliauskas, CEO, Klarpay AG As any West Berliner over the age of 40 can attest, you don’t need a coastline to feel like you’re living on an island. Yet, while the Iron Curtain is becoming a distant memory even in the minds of those it once divided, European......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech

How Are Modern-Day Software Companies Shaping the Future of FinTech and Payment Systems?

Prajakta Ayade
by Prajakta Ayade0
The financial technology (FinTech) sector has witnessed explosive growth in recent years, driven by rapid advancements in digital technologies and a shift towards a more connected, cashless economy. At the heart of this transformation are payment systems, the mechanisms by which money is transferred between parties, whether consumers, businesses, or......
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