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MultiPass Secures Licence to Operate in the UAE

Fintech Finance

MultiPass , a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA).

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Airwallex and McLaren Racing pen multi-year partnership to modernize global payment operations and support the Formula 1 Team

Fintech Finance

Airwallex , a leading global payments and financial platform for modern businesses, today announced a multi-year partnership with the McLaren Formula 1 team , one of the sport’s most iconic brands. Jack Zhang, CEO and Co-Founder of Airwallex, said “There are very few brands that match McLaren’s heritage and global appeal.

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EV Connect and BlueSnap Partnership Delivers Advanced Payment Solutions for the EV Charging Industry

Fintech Finance

To streamline the global expansion of electric vehicle (EV) charging networks in preparation for a projected 1.5 billion charging sessions by 2026 , EV Connect , a leading EV charging business platform, today announced a strategic partnership with BlueSnap , a global payment orchestrator.

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IFX Payments Announces Record Financial Year With 59% Leap in Profits and Revenue up a Quarter as Demand Grows for International Payment Solutions

Fintech Finance

Research from the Bank of England shows the value of cross-border payments is expected to be $250billion (£197billion) by 2027, a $100billion increase since 20171. Moving forward we are committed to expanding into new markets and territories, helping more businesses to streamline their payments.”

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The Long Term Impact of COVID on the Payments Market

Clearly Payments

Recurring Payment Solutions : Payment processors have had to adapt by offering solutions that support automated billing, recurring payments, and subscription management. By 2023, it accounted for over 20% of global e-commerce, with a market value exceeding $1 trillion.

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Revolut Introduces Business Banking Platform to Singapore Market

Fintech News

These plans offer features such as multi-currency accounts, virtual and physical debit cards, real-time spending reports, and support for over 25 currencies and access over 150 currencies at the interbank rate. And beyond financial savings, it’s about enhancing their ability to compete and succeed on the global stage.”

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Payment Fears Putting Businesses Off Overseas Growth

Fintech Finance

Other concerns include payment security (38%) and having to deal with different currencies (37%). HSBC UK has today launched its integrated HSBC Global Wallet payment solution within its digital banking platform for small and medium businesses.