VoPay Launches VoPay Verify, Pioneering Real-time Bank Account Verification in Canada and the United States. VoPay, a trailblazing provider of embedded financial technology solutions, has unveiled VoPay Verify, a groundbreaking Instant Bank Account Verification solution through microtransactions. This marks the first-of-its-kind service in Canada and the United States, setting a new standard for swift and...
Finix, a cutting-edge payments technology provider, has launched Payouts, a standalone product set to transform large-scale money movement for businesses across diverse industries. Payouts streamline the complex landscape of disbursement processes, offering a single, developer-friendly API for efficient fund transfers, whether businesses are leveraging Finix’s broader payments platform or not. The challenges associated with sending...
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has launched “EXCEED,” a groundbreaking digital reward program aimed at recognizing and rewarding customer loyalty. The program provides customers with Exceed Rewards directly to their mobile bank application, allowing instant redemption for various benefits, including utility payments, e-commerce vouchers, retail vouchers, and flight purchases. Under...
Amazon takes another stride in revolutionizing retail convenience with the introduction of “Badge Pay” to its Just Walk Out technology, catering specifically to healthcare settings. Developed to address the universal frustration of waiting in lines, Just Walk Out utilizes computer vision, sensor fusion, and generative artificial intelligence (generative AI) to enable customers to shop seamlessly...
The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi proudly announces the introduction of an innovative service enabling electronic taxi fare payments through the “Alipay+” application. This strategic move aims to offer users flexible and diverse payment options, prioritizing convenience and safety. In collaboration with Abu Dhabi Commercial...
Zebec, the trailblazing fintech startup, proudly unveils its cutting-edge web3 payment and real-time payroll services in Japan. This strategic expansion not only signifies Zebec’s global reach but also highlights its dedication to fostering collaborative financial innovation on a global scale. Japan, renowned for its pioneering regulatory framework in digital finance, provides an ideal backdrop for...
Mastercard is taking a significant step towards supporting small business owners globally with the introduction of Mastercard Small Business AI. This inclusive Artificial Intelligence tool is designed to offer personalized guidance to small business owners, providing them with invaluable assistance as they navigate the unique challenges of entrepreneurship and strive for growth. Recognizing the vital...
AsiaPay, a prominent provider of digital payment solutions in the Asia Pacific, has entered into a Memorandum of Understanding (MOU) with BLOX, an emerging Malaysian Web 3.0 company and creator of the first MYR-denominated stablecoin (MYRC). The collaboration aims to jointly explore and develop cryptocurrency digital payment solutions specifically tailored for the Malaysian market. As...
Visa has achieved a significant milestone with the successful completion of its acquisition of Pismo, a global cloud-native issuer processing and core banking platform. This strategic move positions Visa to provide clients with comprehensive core banking and card-issuer processing capabilities across all product types through cloud-native APIs. With the transaction finalized, the collaboration between Visa...
National Bank of Kuwait (NBK) has recently unveiled an exclusive partnership with X-cite by Alghanim Electronics, a subsidiary of Alghanim Industries, to enhance the banking experience for NBK KWT Visa Infinite Credit Cardholders. This strategic collaboration aims to provide customers with exclusive offers and rewards, ensuring a seamless fusion of cutting-edge technology and top-notch banking...