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31 August, 2021A new Juniper Research report has found that the transaction value of B2B cross-border payments of all payment types will exceed $42.7 trillion (€36.10 trillion) in 2026, from $34 trillion (€28.75 trillion) in 2021. The research identified that this growth of over 25% is being driven by the increased popularity of eCommerce marketplaces, which are generally cross-border in nature.
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14 July, 2021Railsbank, the global Embedded Finance platform, has raised US$70 million (€59.40 million) in its latest funding round. The latest fundraise was led by Anthos Capital and attracted a range of investors including Central Capital (VC arm of Indonesia’s privately held bank), Cohen and Company (the founder of Bancorp), and Chris Adelsbach’s new fund Outrun Ventures. Existing investors also participated.
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18 January, 2021CES 2021 – BayPay is a technology company that builds economic infrastructure for blockchain with a promise to offering simple, fast, and safe payments, especially with the anticipated growth in token-based commerce during the COVID-19 pandemic, when people don’t necessarily want to hold physical money. (more…)
06 October, 2020STICPAY has launched its redesigned mobile e-wallet application. The new version of the fintech company’s e-wallet app is now available in the Google Play Store for Android and in the App Store for iOS devices. (more…)
18 February, 2020In a move that is expected to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv, is enabling merchants to use their own devices to accept payments of any amount without any additional hardware. (more…)
12 February, 2020MoneyGram International, Inc., a global provider of cross-border P2P payments and money transfers, announced the launch of MoneyGram FastSend, a new service through which consumers can send money quickly and easily to their friend’s mobile phone number via the MoneyGram website and mobile app. (more…)
19 December, 2019SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card. (more…)
13 December, 2019Visa and the pan-African fintech provider MFS Africa announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments, significantly expanding Visa’s reach and its ability to open up commerce to the region. (more…)
02 December, 2019New data from Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed $1.9 trillion (€1.7 trillion) by 2024, up from $850 billion (€765 billion) in 2019. (more…)
17 July, 2019Visa announced it has acquired Payworks, a Munich-based provider of next-generation payment gateway software for the Point of Sale (POS). (more…)
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