The National Payments Corporation of India (NPCI) has postponed the implementation of the market share cap for the Unified Payments Interface (UPI), extending the deadline by another two years. According to NPCI’s compliance mandate, digital payment firms were not to...
FV Bank Adds PayPal’s PYUSD Stablecoin to Direct Deposit and Outbound Payment Options with Real-Time USD Conversion
"FV Bank, the U.S. licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, announced the expansion of its stablecoin capabilities with the integration of PayPal USD (PYUSD) for direct deposits and...
Introducing Adyen Uplift: The Payment Solution Optimizing Every Transaction With AI
"Adyen announced the launch of Adyen Uplift. The AI-powered payment optimization suite will help businesses increase payment conversion, simplify fraud management, and reduce the cost of payments. It has been piloted by 60 enterprise businesses, including Patagonia,...
Transcard Expands into Canada with B2B and B2C Payment Orchestration
"Transcard announced its expansion into Canada, introducing its SMART Suite for payment orchestration to enhance digital payment solutions. The expansion includes partnerships with Canadian businesses, local payment rail integration, and multilingual support,...
NPCI Partners With Metropolitan Transport Corporation To Integrate RuPay for Contactless Payment Solution for Transit in Chennai
"The National Payments Corporation of India (NPCI) partnered the Metropolitan Transport Corporation (MTC) to integrate RuPay on-the-go, a contactless payment solution for transit. Over 3.2 million daily commuters of Chennai MTC will benefit from this efficient transit...
Nium Launches Diners Club International® Card, Expanding B2B Payments Offering for Travel Industry
"Nium, the leading global infrastructure for real-time cross-border payments, announced the launch of the Diners Club International® Card for its travel customers."
Truelayer Partners With Ryanair
"TrueLayer, one of Europe’s largest open banking payments network has formed a partnership with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a major milestone for both companies."
CFPB Approves Application from Financial Data Exchange to Issue Standards for Open Banking
"The Consumer Financial Protection Bureau (CFPB) issued an order recognizing Financial Data Exchange, Inc. (FDX) as a standard setting body under the CFPB’s Personal Financial Data Rights rule."
There is a Rapid Increase in Fraud in the APAC Region. What’s the Solution?
"Fraud in online transactions is rising in the Asia-Pacific region, posing challenges for merchants through increased identity fraud, chargebacks and revenue losses. However, AI tools and proactive strategies can help detect fraud early and mitigate risks."
Thailand to Test Crypto Payments for Tourists with Phuket Pilot Project
"This initiative aims to allow foreign visitors to make payments using Bitcoin and other digital currencies"