The Russian-Belarusian Venture Investment Fund has invested 120 million rubles in APIBank.  The Russian-Belarusian venture capital fund became the first external investor of APIBank. As a result of the transaction, which was carried out in the form of a convertible loan, the startup received 120 million rubles. APIBank creates embedded financial instruments, responding to business inquiries […]

Huawei Pay has announced a new partnership with Aleta Planet and Union Pay International to introduce the mobile payment solution combining Near Field Communication and Quick Response Code payments for Singapore Huawei users. This will provide further improved in-store payment experience to Singaporean Huawei Pay users by offering both NFC and QRC payment methods for […]

IBM has announced that it will acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services. This will further advance IBM’s cloud migration and transformation capabilities, an important aspect of its hybrid cloud platform growth strategy. Leading IT industry analysts estimate the market for cloud professional services will exceed $200 billion by 2024.1 IBM’s open and […]

Mastercard and EnKash entered in an alliance to expand the usage and acceptance of commercial cards in India. This alliance with EnKash, a digital platform and payment solution provider, is to provide a B2B digital payment automation platform. The platform is embedded with supplier enablement services designed to help businesses to pay using the Mastercard […]

Plaid has joined forces with Curve to help give people in the UK a holistic view of their money, make the most of their spending, and improve their overall financial wellbeing. Curve consolidates your entire physical wallet (debit, credit* and loyalty cards) into a single smart card and app. The only card customers need to carry—and the […]

WhatsApp has rolled out payment feature in India. WhatsApp users in India will now able to send money through the app. This payment feature is designed in partnership with the National Payments Corporation of India (NPCI) using the Unified Payment Interface (UPI), an India-first, real-time payment system that enables transactions with over 160 supported banks. To […]

Verizon Business customers will now be able to utilize Fiserv’s Clover Flex point-of-sale a mobile point-of-sale device that can enable touchless payments. In addition, the relationship will allow Verizon customers to utilize Fiserv merchant services, including debit and credit card processing with a range of payment acceptance options, including online, mobile and in-person. TJ Fox, […]

Heal has appointed Checkout.com to serve as its payment provider to future-proof its heritage and capitalize on the boom in e-commerce, particularly on mobile, that it’s seen since the start of the pandemic. During this pandemic Heal has experienced a 100% increase in online purchases with mobile transaction volumes growing even faster (130%). With Checkout.com […]

Danske Bank has announced a partnership with payment solutions company, AltaPay.  Under this partnership, Danske Bank’s business customers will gain access to state-of-the-art payment technology and processing, which will help merchants receive payment from their customers across Europe both online and in-store across Europe. Christian Rasmussen, Founder and CEO of AltaPay A/S, commented: “At AltaPay, […]

EPI Interim Company has announced that PKO Bank Polski and OP Financial Group are joining EPI as founding shareholders of the recently created company. Furthermore, a group of 12 Spanish credit institutions banks has also formed a consortium and are joining EPI as a collective founding shareholder of the EPI Interim Company. Their joining confirms […]