The exploration by central banks into digital currencies shows no sign of cooling, with 15 retail and nine wholesale CBDCs expected to enter circulation by the end of the decade, according to new data from the bank for International Settlements.
FOO, an award-winning B2B fintech solutions provider headquartered in the UAE, has partnered with the Bahrain-based payment services provider and card processor, Infinios Financial Services B.S.C (C).
Malicious actors exploited a fault in Revolut's payment prcoessing system to steal more than $20 million from the financial super app in 2022, the FT has reported.
The Federal Trade Commission has filed an amended complaint that it says bolsters its case that Walmart allowed its money transfer services to be used by scammers, who fleeced consumers out of hundreds of millions of dollars.
SumUp, the financial partner for over 4 million businesses worldwide, has selected Form3, the cloud-native account-to-account payments platform, to provide direct access into the UK Faster Payments Scheme (FPS) and Bacs Scheme to further enhance its business account offering for UK customers.
India-based fintech PhonePe has rolled out its Point-of-Sale (POS) device aimed at simplifying the checkout process for merchants and provide a seamless experience
