Search Results for: payment stakeholders

37% Of Users in Nigeria Lost Money from an Incident Involving Digital Payments
Digital Payments News

37% Of Users in Nigeria Lost Money from an Incident Involving Digital Payments

Fintech News Desk
The majority of users (97%) lost up to USD $1,000 equivalent as a result of these incidents, while 3% of the respondents reported a loss of more than USD $1,000 equivalent According to the Kaspersky Digital Payment survey, 37% of respondents from Nigeria experienced financial losses associated with threats when using......
TerraPay Raises $100 Million in Series B Funding to Expand Global Payments Infrastructure
Digital Payments News

TerraPay Raises $100 Million in Series B Funding to Expand Global Payments Infrastructure

PR Newswire
TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other......
Webtel.mobi and WM Holdings Inc. issue Joint Clarification on recent approaches by Digital Currency Group’s Grayscale Bitcoin Trust Stakeholders
Cryptocurrency News

Webtel.mobi and WM Holdings issue Joint Clarification on recent approaches by Digital Currency Group’s Grayscale Bitcoin Trust Stakeholders

GlobeNewswire
The global Cryptocurrency sector is currently undergoing unstable transitionary events. These include bankruptcies and failures of large entities, regulatory action being taken or contemplated within that sector by regulatory authorities, and adversarial postures being taken up by Stakeholders against Cryptocurrency Asset Managing firms. Latest Fintech Insights : AIZEN, the Banking......
Synchrony and Rooms To Go Renew Consumer Financing Partnership To Create Shopping Experience
Business Markets News

2023 Steering Committee Announced By U.S. Payments Forum

Fintech Staff Writer
The U.S. Payments Forum declares its 2023 Steering Committee and Officers. The group serves as a leadership organization within the Forum, fundamental in empowering productive, ideal and compelling execution of arising and existing payment technologies in the U.S. market and then some. The group is comprised of payment pioneers addressing......
US Payments Forum Fall Market Snapshot: Next Steps for Contactless, Fraud in Focus, Alternative Payment Boom
Digital Payments News

US Payments Forum Fall Market Snapshot: Next Steps for Contactless, Fraud in Focus, Alternative Payment Boom

Fintech News Desk
The U.S. Payments Forum released its latest Market Snapshot. It provides an overview of the state of the industry including successes in tap-to-pay and tap-to-phone transactions, up-and-coming payment verticals and growing concerns in the card-not-present (CNP) fraud space. The snapshot also provides an update on global chip supply challenges from a payments......
Juniper Research: Embedded Finance Market to Exceed $183 Billion Globally by 2027
Digital Payments News

Juniper Research: Instant Payment Transactions to Surpass 376 Billion Globally by 2027

Fintech News Desk
A new study from Juniper Research has found that the number of instant payment transactions will exceed 376 billion globally by 2027; increasing from 97 billion in 2022, a 289% growth. It predicts that an increased roll-out of instant cross-border payment schemes in multiple countries will drive this growth by enabling businesses......
Real-Time Payments Could Unlock $271 Million of Additional GDP to New Zealand’s Economy by 2027
Digital Payments News

Real-Time Payments Could Unlock $271 Million of Additional GDP to New Zealand’s Economy by 2027

Fintech News Desk
Exclusive Cebr economic impact study reveals macroeconomic benefits and cost savings for consumers and businesses if real-time payments were to be introduced in New Zealand New Zealand’s economy could benefit from additional economic growth of $271 million, or 0.1%, by 2027 — if the country were to introduce a domestic......
Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier
Digital Payments News

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Fintech News Desk
Providing access to cross-border payments and currency risk management solutions Corpay, a FLEETCOR brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with World Table Tennis Pte. Ltd. (“World Table Tennis”) to become their official Global FX Payments Supplier......
Cashfree Payments Becomes ISO 27017 and ISO 27018 Certified Organization
Banking Digital Payments News

Cashfree Payments Becomes ISO 27017 and ISO 27018 Certified Organization

Fintech News Desk
This is in addition to the ISO 27001 certification received last year Cashfree Payments, India’s leading payments and API banking solutions company, announced that it has secured ISO 27017 and ISO 27018 certifications. ISO/IEC 27017:2015 certification confirms that the company has been found to fulfill the Information Technology Security techniques and......
Flutterwave Secures Switching and Processing License, Nigeria's Highest Payments Processing License
Banking Digital Payments News

Flutterwave Secures Switching and Processing License, Nigeria’s Highest Payments Processing License

Fintech News Desk
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. “Latest......
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