Fintech News

DECEMBER 3, 2024

By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant payment solution for businesses and consumers. Underscoring its global ambitions, dtcpay is the first Major Payment Institution (MPI) in Singapore to join the Luxembourg House of Financial Technology (LHoFT).

Stablecoins 114

Stablecoins Money Laundering Cryptocurrency Payments 114

PYMNTS

JANUARY 19, 2017

Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). 18) that its U.K.

Payments Institute 40

Payments Institute Authorization Cross-Border Cross-Border Payments 40

Fintech News

JUNE 4, 2024

HitPay, a Singapore-based commerce platform for SMEs, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). In the Philippines , HitPay Payment Solutions Inc holds an Operator of Payment Systems (OPS) license from the Bangko Sentral ng Pilipinas.

SDN 83

SDN Security Cross-Border Payments 83

Fintech Finance

DECEMBER 20, 2024

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved the acquisition of Transfeera , a fintech specialised in payment solutions for businesses, by PayRetailers , a leading payments processor in Latin America and Africa.

Central Bank 81

Central Bank Best Practices Risk Management Payments Institute 81

The Paypers

NOVEMBER 11, 2024

FOMO Pay , a payment institution based in Singapore, has partnered with Mastercard to launch a new payment solution named FOMO SoftPOS.

Payment Solutions 36

Payment Solutions Visa Payments Institute Payments 36

Fintech News

APRIL 7, 2024

Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). This expansion is aimed at meeting the increasing demands for efficient and transparent payment solutions in the region and beyond.

Cross-Border Payments 89

Cross-Border Payments Cross-Border Payments Authorization 89

Fintech News

NOVEMBER 4, 2024

Razer Gold has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This development marks a major step for the gaming-focused virtual credit platform as it prepares to expand its payment services in Singapore.

Cross-Border 84

Cross-Border Payments Payments Institute On-Demand 84

Fintech News

OCTOBER 31, 2024

Established in 2021, Tazapay is a leader in cross-border payment solutions, serving small and medium-sized enterprises (SMEs) and business-to-business (B2B) marketplaces from around the world. Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies.

Cross-Border Payments 111

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 111

Fintech News

JANUARY 24, 2024

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued.

Service Provider 96

Service Provider Cryptocurrency Payments Institute Stablecoins 96

Fintech News

JULY 15, 2024

XTransfer, a Chinese B2B cross-border trade payment platform, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Serving over 450,000 enterprise clients, XTransfer has established its presence in China and recently expanded its international services.

Cross-Border 81

Cross-Border Payments Payment Solutions Payments Institute 81

Fintech News

NOVEMBER 6, 2024

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”

Multi-Currency 75

Multi-Currency Cross-Border APACS Financial Inclusion 75

Fintech Finance

JULY 23, 2024

EBANX, renowned for its robust payment solutions and deep market expertise, is at the forefront of this evolution, poised to transform B2B payments in the region. Together, we can offer unparalleled payment solutions that cater to the unique needs of exporters and importers in this dynamic region.”

B2B 84

B2B Facilitators Cross-Border APACS 84

Fintech News

MARCH 31, 2024

Alchemy Pay, a global crypto payment service provider, has invested in UK-based fintech LaPay to expand its global Web 3.o o payment solutions. payment solution provider on a global scale, but today, our investment in LaPay gives us increased reach and new opportunities in the UK and global market.

Web 3.0 77

Web 3.0 Payment APIs and Integration Stablecoins Payments 77

Fintech News

JUNE 11, 2024

money transmitter licenses, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland. The stablecoin, along with XRP, will be integrated into Ripple’s payment solutions to serve enterprise customers globally.

Stablecoins 90

Stablecoins Acquirers Regulatory Compliance Central Bank 90

Fintech News

APRIL 10, 2024

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. It also provides another validation of our steadfast commitment to optimising the payment experience for businesses and consumers throughout this critically important region.”

Cross-Border 90

Cross-Border Security APACS Alternative Payment Methods 90

Fintech News

OCTOBER 7, 2024

Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major Payment Institution license in Singapore. The company’s modular payments platform connects clients with customers in over 200 markets, supporting 716 alternative payment methods and offering acquiring in over 50 markets.

Alternative Payment Methods 87

Alternative Payment Methods APACS Debit Card Volume 87

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. ” said Michael Chan, CEO of Zand.

Cross-Border Payments 106

Cross-Border Payments Cross-Border Gateways Central Bank 106

Fintech Finance

MARCH 28, 2024

Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.

Payment APIs and Integration 80

Payment APIs and Integration API FinTech Security 80

Finextra

NOVEMBER 12, 2024

FOMO Pay, a leading Singapore-headquartered major payment institution, has announced a strategic collaboration with Mastercard to launch its Tap on Phone payment solution, FOMO SoftPOS.

Visa 52

Visa Payments Institute Payment Solutions Payments 52

The Paypers

APRIL 13, 2022

FOMO Pay , a Singapore-based payment institution, has introduced a new cryptocurrency payment solution that lets retailers accept digital payment token (DPT).

Payment Solutions 28

Payment Solutions Payments Institute Cryptocurrency Payments 28

Fintech News

MAY 21, 2024

Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web 3.0 Inspired by Ripple’s cross-border payment model, the Web 3.0 digital bank addresses significant challenges in managing cross-border payments and fiat-crypto transactions. digital bank.

Web 3.0 79

Web 3.0 Cross-Border Payments Cross-Border Alternative Payment Methods 79

The Fintech Times

AUGUST 5, 2024

Pay2All), a licensed payment institution authorised by the Central Bank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence. Brazil’s iGaming market presents significant growth opportunities for Nuvei.

Payments Institute 59

Payments Institute Central Bank Acquirers Issuers 59

The Fintech Times

DECEMBER 3, 2024

Many businesses and consumers need stability to conduct their transactions, meaning that turning to stablecoins and fiat currencies is the more reliable solution. This ties in with one of the commitments of dtcpay has made which is to offer secure, predictable and regulatory-compliant payment solutions.

Stablecoins 69

Stablecoins Cross-Border Payments Cross-Border Cryptocurrency 69

The Fintech Times

DECEMBER 23, 2024

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved PayRetailers , the payments processor in Latin America and Africa, to acquire Transfeera , a fintech focused on payment solutions for businesses.

Central Bank 59

Central Bank Best Practices Risk Management Payments Institute 59

Fintech News

DECEMBER 9, 2024

M-DAQ Global, a fintech specialising in cross-border foreign exchange (FX) and payment solutions, has been awarded a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS). This licence allows its subsidiary, M-DAQ Market Solutions, to deal in over-the-counter (OTC) derivatives contracts.

B2C 74

B2C Cross-Border Settlement B2B 74

Fintech Finance

APRIL 9, 2024

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

APACS 52

APACS Cross-Border Security Alternative Payment Methods 52

Fintech Finance

AUGUST 12, 2024

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. Additionally, Nium is seeking FX authorization in Brazil to enhance its foreign exchange transaction capabilities.

Real Time Payments 85

Real Time Payments Cross-Border Payments Cross-Border Central Bank 85

Fintech Finance

DECEMBER 16, 2024

Under the agreement, Modulr will continue to protect the security of HMRC’s payments to individuals and businesses through its CoP service, which helps prevent fraud by validating bank account details in real-time with receiving banks and payment institutions.

Payee 55

Payee Payment APIs and Integration Security Agreements 55

The Paypers

JANUARY 23, 2024

Singapore-based payment solution provider AXS has partnered with Triple-A , a global digital currency payments institution, to allow for bill payments with digital currencies.

Digital Currency 41

Digital Currency Payments Institute Payments Payment Solutions 41

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. Find out how Currencycloud can help you build your payments infrastructure by speaking to one of their experts today.

Cross-Border Payments 95

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 95

Fintech Finance

APRIL 8, 2024

TerraPay , a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Regulatory Compliance APACS 52

Fintech Finance

JUNE 4, 2024

Episode Six (E6) , a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announces it is expanding its presence in Europe following a new partnership with A-Tono.

Payments 52

Payments Payments Institute Payment Solutions Process 52

The Paypers

JANUARY 23, 2024

Singapore-based payment solution provider AXS has partnered with Triple-A , a global digital currency payments institution, to allow for bill payments with digital currencies.

Digital Currency 36

Digital Currency Payments Institute Payments Payment Solutions 36

Fintech Finance

MAY 30, 2024

one of Europe’s leading PayTechs, announced today its partnership with Zimpler, a leading company in instant bank payment solutions, with one of the highest bank coverages in the Nordics. With the new direct integration to Zimpler, payabl.’s s merchants can now offer customers the option to pay via instant bank transfers at checkout.

Instant Payments 59

Instant Payments Payment APIs and Integration Payments API 59

Fintech Finance

FEBRUARY 2, 2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.

Central Bank 52

Central Bank Payments Financial Inclusion Payment Networks 52

The Fintech Times

SEPTEMBER 30, 2024

It will now bring this expertise to the Moroccan market, assisting local financial institutions in providing more efficient payment solutions and enhancing the user experience for consumers and merchants alike. Reda Helal , group managing director – processing, Africa and co-head group processing, Network International.

Value Added Service 59

Value Added Service Payments Gateways Payments Institute 59

The Fintech Times

JANUARY 29, 2024

Higlobe , a payment solution provider for global businesses and remote professionals, has joined forces Triple-A , the digital currency payment institution, to better support remote workers in the Philippines by providing instant, free payment transfers from the United States.

Instant Payments 59

Instant Payments Cross-Border Payments Cross-Border Payments 59