Visa B2B Connect launches globally
Visa launches the Visa B2B Connect network, giving financial institutions an ability to securely process high-value corporate cross-border payments globally
Global digital remittances forecast to reach US$525 billion by 2024: report
International digital remittances will reach US$525 billion by 2024 as traditional players in the market face fintech challenges, according to a new research report.
A record $117 billion in fintech deals have been done this year as cashless payments soar in popularity
Fintech-targeted mergers and acquisitions has increased rapidly over the last five years, and the value of deals in the space has hit a record high in 2019
Afterpay, Zip propping up sluggish retail sales
In the six months to December 2018, listed buy-now, pay-later providers Afterpay and Zip accounted for about 16% of the growth in retail spending.
Verrency reaches a milestone with over 30 strategic partners
Verrency has secured 32 strategic partners to leverage the company’s enterprise grade, curated API capabilities at financial institutions.
New Payments Platform ropes in QR codes
The New Payments Platform revealed it’s working quickly with banks, merchants payment services providers to hook-up scan-to-pay QR codes to its network.
SendFX launch marks a significant change for global payments
Launched in early May, SendFX has been established with the vision of becoming the go-to destination for making overseas payments.
$22b of bank revenue at risk from smartphone wallets: Morgan Stanley
Smartphone digital wallets offered by Google, Apple and other technology giants will put $22 billion of revenue across the major Australian banks at risk, according to Morgan Stanley
