Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles up to 10,000 transactions per second at any given time; and enables five times faster access to UPI innovations for business, Razorpay said in a Wednesday (April 24) press release. “This […]
Fintech StoneX Financial partners with NatWest to enhance the UK bank’s global payments capabilities and provide clients better cross-border FX services The payments division of StoneX Group, StoneX Financial, has partnered with NatWest to supply it with third-party delivery and international FX payments services, enabling the bank’s corporate clients to transfer money internationally with ease. […]
Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS. The solution will launch first for clients of Standard Chartered […]
FETV HUB NEW YORK, an international fashion TV , has announced that it has formed a strategic partnership with Brendance and Crusaders LTD (BCL), the organiser of Mr & Miss Nigeria International pageant, to make Nigeria a global fashion content hub.
MTN Group is delighted to announce the appointment of M&C Saatchi Abel and Group of Companies, a pan-African marketing services firm, as its new marketing services partner across all MTN Group operating companies, effective 1 January 2025
The management and production firm has been expanding its presence in the music business Source
Grand Cayman, Cayman Islands, April 18th, 2024, Chainwire The annual event is a culmination of Sui’s exceptional debut Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference. At its first-ever annual event held […]
Global Payments Market Global Payments Market Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The "Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029" report has been added to ResearchAndMarkets.com's offering. The Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion. Digital payments are quickly replacing cash in the global payment...
The American Rescue Plan, a landmark legislation, has not only increased the Child Tax Credit but has also broadened its reach, aiming to provide substantial assistance to families caring for children. This expansion, hailed for its potential to significantly alleviate child poverty, has seen several revisions, including increased credit amounts, full refundability, and an expanded scope, particularly catering to families previously excluded from its...
The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.
Nominations Open for the S&P Global Commodity Insights 2024 Platts Global Energy AwardsNEW YORK, April 16, 2024 /PRNewswire/ -- S&P Global Commodity Insights announces the call for nominations for the Platts Global Energy Awards program, now in its 26th year. Nominations will be