Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial details of the transaction were not disclosed. KeyBank’s acquisition of XUP is the company’s next step in providing digital innovation...
China’s B2B cross-border eCommerce marketplace DHgate partnered with Google to launch a joint advertisement solution for the 2.3 million exporters selling on its marketplace. “This cooperation with Google is also a significant breakthrough for DHgate in attracting buyers worldwide and enriching marketing scenes for cross-border...
Mastercard partnered with Italian energy multinational firm Enel X to open the FinSec Innovation Lab in Beersheba, Israel, which is dedicated to working with early-stage Israeli startups targeting FinTech and cybersecurity solutions for the payments space and energy sectors worldwide. The lab is focusing on...
Global merchant acquirer and payment processor EVO Payments has turned down an acquisition offer by payment processing solution firm Shift4 Payments, Bloomberg reported on Wednesday (Nov. 17), citing unnamed sources familiar with the situation. It’s uncertain if Shift4 Payments will make another offer for EVO,...
Nigerian payments platform Paga Group has joined forces with proximity verification firm LISNR to enable contactless ultrasonic authentication and contactless payments across Africa, according to a Tuesday (Nov. 16) press release issued by LISNR. The joint effort is LISNR’s first major collaboration within the FinTech...
Newtap Technologies Pvt. Ltd., the investment vehicle of FinTech firm Cred that was founded by Kunal Shah, has acquired Parfait Finance & Investment as part of a plan to expand its FinTech platform into the lending space, sources told Economic Times of India for a...
India-based mobile solutions provider Comviva has joined forces with FinTech firm Strands to offer an integrated suite of digital banking, wallet and payment solutions for customers of banks and financial service providers, according to a Wednesday (Nov. 17) press release. Through the collaboration, Comviva will...
Digital payments and banking technology firm i2c has partnered with online acceptance and payments platform Omise, the companies announced Tuesday (Nov. 16). This partnership will help Omise allow clients to design and deploy virtual card payment programs for Southeast Asia, and the release says local...
Remitter, a digital communication platform which uses artificial intelligence (AI), has partnered with the Visa Ready Fintech Enablement Certification Program, according to a Tuesday (Nov. 16) press release. Remitter’s services are used to help collect late payments, which the company posits are a constant issue...