Mastercard Acquires Nets’ Account-to-Account Payment Business

Advances Mastercard’s strategy to capitalize on the vast and fast-growing global Real-Time Payments opportunity Helps meet application, service and payment needs of governments, consumers, and businesses across card and account-to-account payments Further strengthens Mastercard’s existing capabilities with its proven Real-Time and Bill Pay technology and talent Mastercard has announced it has entered into an agreement

Ingenico TravelHub Opens Up New Payments Routes for Travel Companies

Ingenico’s TravelHub enables travel companies to easily connect to payment capabilities in fast growing markets, increasing conversion and online revenue Ingenico Group, the global leader in seamless payment has launched TravelHub, a solution built to connect travel companies with Ingenico’s global end-to-end payment processing capabilities and regional gateways across Asia, Latin America and Europe. TravelHub

PayPal Expands its International Money Transfer Service Xoom to 32 Markets across Europe

PayPal launched Xoom—its international money transfer service—in 32 markets across Europe. People in these markets can now use Xoom to quickly send money, pay bills or top up phones to more than 130 markets internationally. Xoom’s expansion to Europe is a significant milestone and another example of PayPal fulfilling its mission to make the movement

Mobile Money Transfers to Exceed 200 Billion Transactions in 2024, as Domestic P2P Drives Growth

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will drive this growth; accounting for 80% of all domestic transfers in 2024. According to the new research, Digital Money Transfer & Remittances: Domestic

Fiserv Enables Digital Delivery of Consumer Bills Via Mobile Wallet

Mobile Bill Presentment puts bills conveniently on consumers’ smartphones Fiserv, Inc., a leading global provider of financial services technology solutions, is helping companies to stay ahead of changing consumer payment preferences by enabling their customers to receive and pay their bills via seamless mobile-first interactions. Mobile Bill Presentment from Fiserv allows clients to digitally present

PayU Expands its Operations to Southeast Asia and Acquires Majority Stake in Singapore-based Red Dot Payment

PayU, the payments and fintech business of Naspers, has announced the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over

Ithmaar Bank invites Bahrain FinTech and Startups to Explore Open Banking Opportunities

Ithmaar Bank, a Bahrain-based Islamic retail bank announced that it is fully compliant to meet the Kingdom’s open banking standards. To achieve participation of all stakeholders in this path breaking initiative, it is important for the businesses to participate with banks. With the need to on-board the businesses and provide opportunities and possible collaboration, Ithmaar

Visa has announced it has Signed a Definitive Agreement to Acquire Verifi

Expanded chargeback capabilities will deliver greater transparency and insight to help buyers and sellers resolve disputes quickly Visa has announced it has signed a definitive agreement to acquire Verifi, a leader in technology solutions that reduce chargebacks. The combination of Verifi’s best-in-class dispute resolution tools with Visa’s suite of risk and fraud management solutions will

Only Half of Banks Globally Are Making Significant Advancements in Digital Transformation, Accenture Report Finds

Only 12% of banks globally are fully committed to digital transformation; Report recommends that banks pursue digital leadership to drive superior financial performance The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to

Diebold Nixdorf Unveils Next-Generation Banking Solutions Built For The Transforming Financial Services Industry

Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, has unveiled the DN Series, a family of self-service solutions designed to anticipate the needs of a progressively transforming industry. Leading banking brands, including Fifth Third Bank and BNL Gruppo BNP Paribas, are among the 18 financial institutions in 13