Latest Results from /payments
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Money transfer fintech Nala has raised $40 million in Series A funding to support its global expansion and enhance the reliability of payments to Africa by laying down its own payment rails.
09 July 2024
Visa has revealed its role in the development of HSBC's money transfer app Zing, with subsidiaries Tink and Currencycloud providing key building blocks.
Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm's self-custodial hardware wallet.
The Hong Kong Monetary Authority is to become the first central banking institution outside of the EU to participate in the European Central Bank's digital euro exploratory project.
08 July 2024
Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.
RBI (Reserve Bank of India) is the latest bank to join the global Project Nexus initiative, designed to enable instant cross-border instant payments.
05 July 2024
On the day that the United Kingdom heads to the polls to vote in the General Election, The Payments Association has issued a plea to the incoming Chancellor to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.
04 July 2024
Germany's Giesecke+Devrient (G+D) has unveiled a token-based system for secure offline payments.
MUFG and the Finnoventure Private Equity Trust I fund have invested $195 million in Thailand-based fintech unicorn Ascend Money.
03 July 2024
The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.
China's Ant Group has acquired Dutch payments firm MultiSafepay as it expands further into Western markets.
02 July 2024
Travel debit card Currensea has raised over £1.7m from 760 investors in just four hours on crowdfunding platform Seedrs.
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