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FSB: Emerging markets face regulatory challenges from stablecoin circulation

EMDEs may be exposed to macro-financial risks arising from the use of foreign currency pegged global stablecoins (GSC), which can increase financial stability risks by destabilising financial flows and straining fiscal resources.

/payments

TerraPay enables financial institutions to send international account-to-wallet payments using Swift

TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers.

/payments

Sticpay launches forex cashback service

STICPAY, a leading global e-wallet service provider and payment gateway, today announces STIC Cashback, a new cashback service aimed at benefitting customers who trade with Forex and CFD brokers.

/payments

Featurespace and OrboGraph collaborate on cheque fraud detection

Global fraud and financial crime prevention company, Featurespace, has partnered with OrboGraph, supplier of check processing automation and fraud detection software and services, to better protect the financial services industry from check fraud.

/payments

Banking Circle to speed up account opening for fundcraft

Tech-first businesses, Banking Circle and fundcraft, are working in partnership to deliver seamless access to account openings for fund managers.

/payments

Finom launches Sepa direct debit B2B

FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of SEPA Direct Debit B2B (SDD B2B) for its customers.

/payments

Toqio and Visa unite

Toqio, a leading SaaS financial orchestration platform for businesses, has partnered with Visa, a leading global digital payments company, to provide payment solutions to businesses that by their nature do not offer financial services.

/payments

Diamond Trust Bank signs with Network International for card issuance

Diamond Trust Bank (DTB), a tier one Bank that is listed on the Nairobi Securities Exchange (NSE) and has operated in East Africa over 75 years with over 155 branches across Kenya, Uganda,Tanzania and Burundi, and Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), have signed a strategic partnership to provide a sound processing platform for hosting and issuing of cards in support of the bank’s efforts in their exciting phase of digital product innovation and expansion.

/payments

Worldpay extends ACI Worldwide contract

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments solutions, and Worldpay, a leading global provider of payment processing solutions, today announced an extension of their longstanding partnership.

/payments

OMS to implement Instant Bank Pay from GoCardless

Bank payment company GoCardless has announced a partnership with OMS, the seamless single-input enquiry to completion processing platform for brokers, to simplify and accelerate the payment process for its ever-growing user base.

/payments

PayDo selects ClearBank for automated currency conversion

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced it has expanded its partnership with PayDo, an Electronic Money Institution (EMI), offering personalised solutions to businesses and individuals with a suite of financial services.

/payments

XTransfer streamlines B2B payments with Ebanx

XTransfer, China’s top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.

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