CIBC, together with Visa, announced a new installment payment option for online purchases, anticipated to launch for CIBC cardholders in Canada in early 2022. Visa Installments is a new option to convert qualifying purchases into smaller, equal payments made over a defined period of time using an eligible credit card. This new offering will be […]

Frollo, the Australian leader in Open Banking, has announced they’ve made neobank Up available on their Open Banking platform. Users of the Frollo app will now be able to connect their Up accounts using Open Banking and Frollo Open Banking clients will be able to offer the same to their customers via the Frollo CDR […]

Mox Bank and Mastercard has announced another smart new feature called “Flip” on the all-in-one numberless Mox Card. It enables customers with Mox Credit to freely flip between spending on their Mox Card from Mox Account (debit) and Mox Credit (credit), giving them the best of both worlds. Flipping between debit and credit spending on […]

Saudi Payments, owned by the Saudi Central Bank (SAMA) has partnered with the world’s leader in digital payments, Visa, to launch an innovative, low-cost mobile acceptance solution.  The new ‘Tap to Phone’ solution will operate through mada, Saudi Arabia’s innovative national payments network, to enable merchants, particularly small and micro businesses (SMBs) in Saudi Arabia, […]

Deutsche Bank and Fiserv announced a joint venture to create a comprehensive provider of payment acceptance and banking solutions. The joint venture will serve small and medium-sized enterprises (SMEs) in the German market and will be based in Frankfurt am Main, pending regulatory approval. “By combining Fiserv payment solutions with our banking products, we will be […]

Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) launched a cross-border QR payment linkage between Malaysia and Thailand. Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR code payments. The project that commenced in June 2020 will be completed in three phases Under […]

  IXOPAY, partners with Silverflow, the Global payments technology company. This partnership will allow IXOPAY clients to upgrade their card payments process by switching to cloud based acquiring. Through a single API, users can establish or retain an existing commercial agreement with any acquirer without having to connect to that acquirer’s legacy platform. Once the […]

B4B Payments, a leading global prepaid payments provider, has selected Banking Circle to provide payments infrastructure for its corporate banking services. Providing prepaid solutions to businesses for more than 15 years, FCA authorised B4B enables organisations of any size to manage expenses, simplify payroll, reimbursements, and offer employee rewards and incentives. As a leader in […]

Paysafe has announced an expanded partnership with IntelliPay, a Utah-based provider of an intelligent cloud-based payment platform and alternative payment models. IntelliPay, which already leverages Paysafe’s payment processing services, will now add the Paysafecash online cash solution as an alternative payment method to its platform, further promoting financial inclusion by giving consumers without bank accounts the […]

Tonik, the Philippines’ first digital-only neobank has secured a digital bank license from the Bangko Sentral ng Pilipinas (BSP). The development comes after the neobank’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month . In December 2019, Tonik received its initial rural bank […]