"Amazon has invested Rs 350 crore into Amazon Pay India to strengthen its position in the digital payments market, despite its UPI ranking slipping to eighth place. This investment follows previous capital infusions and comes as Flipkart's Super.money explores new...
PayPal and Coinbase Expand Partnership to Drive Innovation of Stablecoin-based Solutions
"Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases"
Modern Treasury: Formalizing Our Partnership with Blankfactor
"Today marks an exciting milestone for Modern Treasury, as we announce our partnership with Blankfactor, a subsidiary of Globant specializing in financial technology services. By combining Modern Treasury's payment operations expertise with Blankfactor's technical...
New Research Shows U.S. Businesses Resolve Pain Points, Find Solutions With Instant Payments
"U.S. businesses are using instant payments to solve common payment pain points and improve customer and employee experiences, according to a new survey released by Federal Reserve Financial Services. Most businesses (66%) said they were likely to use instant payments...
Project Meridian FX Shows Possibility of Cross-Border Linkages for FX Transactions Between Wholesale Payment Infrastructures
"Project Meridian FX proves that wholesale payment infrastructures, such as real-time gross settlement (RTGS) systems, can be interoperable via new technologies for FX transactions. The joint project between the Bank for International Settlements, Bank of England,...
Capital One Banks on AI for Financial Services
"Financial services has long been at the forefront of adopting technological innovations. Capital One’s strategy centers on a “test, iterate, refine” approach that balances innovation with rigorous risk management. The company’s first agentic AI deployment is a chat...
Milestone for Alipay Tap! QR Code Based Contactless Payment and Customer Engagement Solution
"Alipay Tap!, a QR code-based contactless payment and customer engagement solution introduced by Alipay in China in June 2024, has picked up over 100 million users within an 11 month period. The Alipay Tap! solution now supports over 300 scenarios, including ordering...
10% Rebate: Bybit Card Introduces USDC Cashback
"Bybit now offers cashback in both of the dominant USD-denominated stablecoins for Bybit Card holders. Starting Apr. 18, Bybit Cardholders will be able to diversify their cashback earnings into USDC. Once approved, new users will receive a virtual card compatible with...
Google Pay Rolls Out Integration of eWallets – ShopeePay and TNG eWallet in Malaysia
Google announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay’s first eWallet integrations in Southeast Asia.
BILL Expands Category Leadership, Empowering Businesses to Streamline Procurement and Take Control of Cash Flow
"BILL announced new powerful procurement capabilities and several other meaningful innovations to help businesses and accountants take control of their cash flow and win. BILL is the first company to seamlessly unify robust procure-to-pay workflows with AP, AR, Spend...