Papaya Global, the workforce payments fintech, has unveiled its groundbreaking end-to-end workforce platform after investing two years and 864,000 engineering workhours in its development. This significant investment culminated in Papaya’s debut at the Super Bowl, marking a pivotal moment for the company. “Payroll companies without embedded payments and AI technology will simply not survive,” emphasized...
Euronet, a leading global financial technology solutions and payments provider, has announced the expansion of its independent ATM network (IAD) into Belgium and Mexico. This move brings the company’s global ATM footprint to 38 countries across Europe, Asia Pacific, Africa, and the Americas. Belgium marks the 32nd European country in Euronet’s IAD network, reinforcing the...
UnionPay International (“UPI”) and Spring Airlines have announced a strategic collaboration, enabling the official Spring Airlines website to accept UnionPay cards for tourists and business travelers from Southeast Asia, Japan, South Korea, and Hong Kong, SAR. This development comes just in time for the upcoming Spring Festival travel rush, ensuring that every passenger can enjoy...
The Saudi Central Bank (SAMA) licensed “Network International Arabia” to provide payment services through points-of-sale (POS), and “Barraq” to offer e-wallet services. With the addition of these two companies, there are now 27 licensed companies offering payment services in Saudi Arabia. This decision reflects SAMA’s endeavor to support the payments sector, increase efficiency of financial...
Mastercard, a global leader in payment solutions, and Abu Dhabi Global Market (ADGM) have unveiled a strategic collaboration aimed at catalyzing the growth of the burgeoning small and medium enterprise (SME) sector in Abu Dhabi and the broader UAE by digitalizing SME payment flows. This collaborative initiative seeks to empower SMEs, leveraging Mastercard’s cutting-edge technologies...
e& enterprise, a leading player in the digital payments sector, has joined forces with Fils, a cutting-edge fintech platform, in a strategic partnership that sets a new benchmark for sustainability in the realm of digital transactions. e& enterprise announced its commitment to reshape the digital payments landscape by incorporating Fils’s innovative platform into its own...
Qatar Islamic Bank (QIB) takes a pioneering step in digital banking with the launch of a feature allowing customers to manage their Debit Cards digitally through its Mobile App. This advancement enables users to access essential card details, such as the 16-digit card number, expiry date, and CVV, without needing the physical card. The information...
Singapore-based fintech ipaymy has unveiled Fetch, an innovative invoicing platform aimed at empowering Small and Medium Enterprises (SMEs) to expedite and streamline payments in Singapore, Hong Kong SAR, Malaysia, and Australia. SMEs often grapple with delayed invoice payments, with almost 50% of invoices paid late, resulting in an average Day-Sales-Outstanding (DSO) of 100 days, as...
Bahrain’s premier mobile wallet for digital financial transactions, stc pay, has announced a strategic collaboration with global payment innovator Mastercard. This partnership aims to elevate the digital payment experience for stc pay subscribers while introducing enhanced benefits that align with modern lifestyles. The alliance between stc pay and Mastercard is rooted in a shared commitment...
TodayPay Inc., a technology company shaping the future of payments with its innovative Refunds as a Service™, announced the appointment of Mike West, a seasoned Visa executive, as a Strategic Advisor. The announcement was made at the Consumer Electronics Show (CES 2024), marking a significant move for TodayPay as it continues to redefine the refund...