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Dear Customer, We have launched AI powered KYC & KYB facility for New customer account opening.

March 7, 2023
By admin

Wix and Stripe bring tap-to-pay on iPhones to US merchants

Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants. This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware. Using the Wix […]

March 2, 2023
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Banks back ‘Japan Metaverse Economic Zone’

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.   The new open metaverse infrastructure, called Ryugukoku, will use the metaverse construction framework Pegasus World Kit, developed by TBT Lab Group-owned JP Games. Backed by […]

March 2, 2023
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Payoneer appoints John Caplan as CEO

Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ: PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, today announced the completion of its CEO and CFO transitions.   On February 27, 2023, Payoneer’s Board of Directors appointed John Caplan as CEO of Payoneer, effective March 1, 2023. […]

March 2, 2023
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GoDaddy and WorldPay team on omincommerce

As consumers move more regularly between online and in-the-store, small businesses need the latest tools to provide the same type of shopping experiences seen at big brand companies.   To make payments simple and provide small businesses with an easy-to-use portal to manage their website, inventory and marketing efforts – GoDaddy® (NYSE: GDDY) and Worldpay […]

March 2, 2023
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BIS invites comments on ISO 20022 harmonization proposals

The Bank for International Settlements has opened a consultation on proposals to harmonise the use of the ISO 20022 financial messaging standard in cross-border payments transfers.   ISO 20022 provides a common language for payments that allows for richer and more structured data to be shared via standardised messages. At present, the fragmentation and mixed […]

March 2, 2023
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Wise rebrands as customer numbers reach 16 million

Money transfer firm Wise has unveiled a new look and feel as it reaches 16 million customer worldwide.   The complete visual makeover features a fresh green palette and a new font, and draws from global currencies, languages, alphabets and places around the world. Kristo Käärmann, co-founder and CEO of Wise comments: “Our new look […]

March 2, 2023
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Autohero sales worth 1 billion euros

Used cars retailer Autohero.com generated 1 billion euros in sales in 2022. That is an increase of over 80 percent compared to the year before. This is mostly due to raising prices of used cars following supply chain shortages.   Autohero is owned by the German Auto1 Group, which also owns Wijkopenautos.nl in the Netherlands […]

March 1, 2023
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Klarna reports $1 billion loss

Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021. Klarna has been promising investors a pathway to profitability in 2023, with Q4 figures showing steady growth in gross merchandise volume (GMV) and a 19% uplift in revenue. […]

March 1, 2023
By admin

Payments intelligence firm Pagos raises $34m

Pagos, a payments intelligence startup founded by Braintree and PayPal vets, has raised $34 million in a Series A round led by Arbor Ventures. Point 72 Ventures, Infinity Ventures and Underscore VC joined the round, proceeds of which will be used to expand the Pagos engineering team and further develop the platform’s enterprise product suite. […]

March 1, 2023
By admin

Bank of England says digital pound “more likely than not”

Bank of England deputy governor Jon Cunlifffe has told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition. In remarks before the Treasury Select Committe, Cunliffe said that the creation of a digital pound would open up new frontiers for payments innovation, citing possibilities arising from […]