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Africa is often lagging behind when it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many of them under the rubric of the African Union (AU), are seeking to redress that balance and secure a more...
When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were to reduce the cost burden on banks and the country’s dependency on foreign processors. Get the Full Story Complete the...
Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Today in B2B payments, TreviPay and KHI develop a payment platform for the aviation industry, Lendica and Altametrics offer B2B buy now, pay later (BNPL) options for restaurants, and Clear launches an accounts payable (AP) automation tool. Plus, Edenred buys IPS to build a comprehensive...
Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As Kroger and Albertsons gear up for their merger, the former may benefit from the latter’s recent digital growth, with eCommerce transactions and loyalty engagement on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in Europe, the Middle East and Africa, the U.K’s Competition and Markets authority announced that Meta is set to sell Giphy following the authority’s antitrust ruling. Meanwhile, Wise upgraded its outlook for 2022 against a backdrop of increased transaction fees for customers. Get the...
Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....