The company said its entry into the market will enable global merchants to better serve Thai consumers. The move allows Worldpay to offer local currency settlements and access to popular alternative payment methods (APMs), including LINE Pay, TrueMoney, PromptPay, and online banking. The firm said Thai merchants will also benefit from the company’s suite of…
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Under the new agreement, Jingle Pay stated that it will serve as a “key partner for Western Union,” supporting the flow of cross-border money transfers directly to bank accounts and mobile wallets. This positions Jingle Pay as a key remittance partner within Western Union's extensive global network. Amir Fardghassemi, Chief Executive Officer of Jingle Pay,…
Read moreUnveiled at Coinbase’s State of Crypto Conference, the card will be issued by First Electronic Bank and provided in partnership with fintech firm Cardless. Coinbase added that it will be available exclusively to U.S.-based members of Coinbase One. The full launch is expected this autumn. Will Stredwick, senior vice president of Global Network Services at…
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In its full-year results, the fintech firm announced that it served 15.6 million active customers over the year, representing a 21% increase from the prior period, with both personal and business segments growing by 22% and 11%, respectively. Wise attributed the growth to infrastructure investments that delivered “lower fees and faster speeds,” with 65% of…
Read moreFurthermore, the company said in a press release that the move enables local merchants to connect with global markets. The payments technology leader already operates in Argentina, Brazil and Mexico. With Colombia now added to its regional footprint. Worldpay stated that it aims to support both local businesses seeking international growth and global brands targeting…
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The move is said to allow Binance users in Brazil to instantly convert over 100 cryptocurrencies into reais to pay merchants or transfer funds to any Pix-compatible account. Transactions are completed within seconds, which Binance says helps to bring “crypto into everyday life and make it easier for users to spend digital assets in real-world…
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The global payments giant said it is aiming to bring digital currencies into the mainstream by enabling transactions from wallets to checkouts. The initiative is part of Mastercard’s broader strategy to integrate blockchain-based assets into traditional finance. The company has partnered with OKX and Nuvei to support stablecoin transactions across its network, allowing consumers to…
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The partnership is expected to enable real-time fund transfers for millions of users in the region. The company explained that the collaboration will let bank and mobile wallet users link their accounts with PayPal and transfer funds seamlessly and securely. Citing Mordor Intelligence, the company said digital payment volumes in the MENA region are expected…
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The collaboration integrates Broadridge’s Distributed Ledger Repo (DLR) platform with Fnality’s Payment System (FnPS), enabling delivery versus payment (DvP) using digital representations of funds held at central banks. Broadridge said in a press release that the initiative is expected to improve efficiency, optimise liquidity management, and reduce operational risk in repo markets. “This leap forward…
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The payments giant said in a press release that it now handles transactions equivalent to 1.3% of global GDP and is used by half of the Fortune 100, including major corporations such as NVIDIA, PepsiCo, and Comcast. In their annual letter, co-founders Patrick and John Collison attributed the company’s rapid expansion to its AI-driven payment…
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