Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market

Posted on by kara | 4570 Views | 10 min read

Temenos today announced it has signed an agreement with Tech Mahindra, a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe. By leveraging Temenos composable banking capabilities and Tech Mahindra services,

Paycorp Expands Into Embedded Business Funding in South Africa and the UK

Posted on by kara | 15463 Views | 8 min read

Paycorp, a global leader in payment solutions, continues shaping the future of payments across Southern Africa, Central and Eastern Europe, and the UK. With over two decades of experience, Paycorp stands as an acknowledged innovator, leveraging a collaborative and integrated ecosystem, blending expertise, reliability and agility in transaction processing, cash management solutions, value-added services like

GenAI in Digital Payments: How to Maximize the Benefits? – OpenWay

Posted on by kara | 5900 Views | 3 min read

Financial institutions in EMEA, APAC, and USA agree on the two common barriers to the full potential of GenAI: “too much complex infrastructure” and “data quality and access”. However, both barriers are eliminated for companies that can integrate GenAI with their data-rich, real-time payments processing platform like OpenWay’s Way4. Nexi, the pan-European acquirer serving two million merchants, is positive

Scan to Pay Takes Centre Stage in Spenda’s Fintech Suite

Posted on by kara | 21825 Views | 19 min read

Despite the global move towards digital transacting, 1.4 billion people worldwide remain unbanked. It’s these individuals that payment service providers like Spenda are empowering through the use of innovative payment solutions that address the financial inclusion gap. In its latest move to do so, Spenda has integrated Scan to Pay to launch Spenda Scan to

First CBDC Cards: What Technology Issuing And Acquiring Banks Use – OpenWay

Posted on by kara | 12895 Views | 3 min read

Eurasia’s first CBDC cards, recently launched in Kazakhstan, have provided 20 million consumers with a convenient, tangible way to manage their funds in CBDC (Central Bank Digital Currency). Today, plastic cards in the digital tenge currency are used for both in-store and e-commerce purchases and are accepted globally through the Mastercard and Visa networks. The

Mastercard Women SME Leaders Awards Reveals 2024 Winners

Posted on by kara | 8083 Views | 14 min read

Mastercard has announced the winners of the third edition of its Women SME Leaders Awards, celebrating the achievements of women-owned and led businesses across diverse sectors in the Eastern Europe, Middle East and Africa (EEMEA) region. Launched in 2022, the Mastercard Women SME Leaders Awards is the first initiative of its kind to recognize outstanding

HPS Expands Global Reach and Capabilities in Digital Banking and Payment Software With Acquisition of CR2 Limited

Posted on by kara | 23760 Views | 16 min read

HPS, a leading global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a prominent digital banking and payments software company headquartered in Dublin, Ireland. This strategic transaction underscores HPS’s commitment to enhancing its digital banking and payments capabilities, further solidifying its position as a leading global

Mastercard and Payment24 Collaborate to Boost EMV Adoption in EEMEA’s Fleet Sector

Posted on by kara | 18505 Views | 11 min read

Mastercard and Payment24 are extending their engagement across Eastern Europe, Middle East and Africa (EEMEA) to help bolster security and drive innovation within the fleet and fuel payment industry across the region. The EMV standard, now being implemented in over 80 markets, has dramatically reduced the incidence of counterfeit card fraud associated with magnetic strip

Unleashing Economic Potential: The Soaring Growth of Cross-Border Payments in Africa – Synthesis

Posted on by kara | 40569 Views | 22 min read

By Arthi Narayanan, Lead Payments Consultant at Synthesis The pivotal role of digital accessibility for goods and services has become abundantly clear over the past few years. The global economy, now more than ever, relies on the seamless flow of transactions across borders. Whether it involves individuals, businesses, or financial institutions spanning different countries, the

Over 10 Innovative CBDC Card Services Launched in Six Months on OpenWay’s WAY4 System

Posted on by kara | 43262 Views | 8 min read

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country’s population of 20 million. Altyn Bank, Eurasian Bank and Halyk Bank leveraged the Way4 digital payments software system to swiftly join this CBDC project and onboard 72% of