Japan-based international payment provider JCB has entered into a strategic partnership with GHL to expand payment options across Malaysia, Thailand, and the Philippines
Akua, a Latin American payments startup founded by former executives at Mastercard, dLocal, PayU, Jeeves and Pomelo, has secured a $4.3 million seed investment led by Propel and supported by Plug and Play, HTwenty, RallyCap, Flourish Ventures and ICventures.
Stitch has secured ISO 27001 certification in order to ensure that client and customer data will remain secure while working with its suite of services and products
How much choice is too much choice? The second day of AFP in Nashville, Tennessee, saw BNY Mellon's Sumner Francisco, Finzly's Karuna Kathir, PTap Advisory's Peter Tapling and Walmart's Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.
Tokenisation of money has many benefits, but also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential, says the Bank for International Settlements.
“The People's Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People's Bank of China, during the Sibos's opening plenary.
