Tazapay, a Singapore-based cross-border payments provider, has partnered with leading global real-time payments gateway Volt to add open banking to its growing stack of payment offerings, as it accelerates its international growth plans across the UK and Europe.
Qatar Islamic Bank (QIB) has partnered with Mastercard to launch the new QIB SoftPOS app that turns an Android smartphone into a POS terminal for contactless payments
Spain's Banco Sabadell has sold an 80% stake in its payments unit Paycomet to Nexi for €280 million and inked a 10-year exclusive distribution deal with the Italian firm.
Sweden-based BNPL company Klarna has announced it will begin to penalise clients for late payments in the UK in March 2023 in a bid to curb loan defaults
Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.
U.S. card skimming grew by nearly 500% in 2022 and is showing signs it will grow even faster this year, according to a recent analysis by credit scoring services firm FICO.