The company said its upgraded Payoneer Checkout, powered by Stripe’s technology, will initially launch in key Asia-Pacific markets, including China and Hong Kong. It will enable merchants to accept a broader range of payment methods, from Buy Now Pay Later (BNPL) services such as Affirm and Klarna to digital wallets including Apple Pay and Google…
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The company, which operates an embedded B2B payments infrastructure-as-a-service platform, said the move will allow partners and customers in Bahrain to access its full suite of services, including payments, receivables and stored funds. TransferMate said the licence would simplify cross-border transactions, enhance cash flow visibility and reduce the need for multiple banking relationships for businesses…
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The Canadian payments firm said the enhancement allows businesses to move fiat currency account to account across borders with same-day or next-day settlement, bypassing slower and more expensive SWIFT transfers. By using blockchain technology on the backend, Nuvei said it can reduce reliance on intermediaries and deliver funds more efficiently. “Our mission is to simplify…
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Under the terms, Western Union will pay $16 per Intermex share, representing a premium of around 50% to its 90-day volume-weighted average price. The transaction, unanimously approved by both companies’ boards, is expected to close by mid-2026 subject to shareholder and regulatory approvals. Western Union said the acquisition would strengthen its U.S. retail platform, enhance…
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The Paris-based payments giant said on Wednesday that its AI routing solution, now live following successful pilot programmes, delivers a more than 2% improvement in authorisation rates, building on the 3% uplift already achieved through rule-based routing alone. They noted that one pilot customer reported a revenue increase of €1.63 million from higher authorisation rates…
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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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