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J.P. Morgan to drop UK lawsuit against Viva Wallet
US-based financial institution J.P. Morgan has reportedly been planning to drop its lawsuit in the UK against Viva Wallet, however, it will continue to take legal action in Greece.
PSA and GCash to unify national ID registration and financial services
The Philippine Statistics Authority (PSA) has partnered with GCash to improve national ID registration and financial inclusion in the country.
World Market and Affirm to offer payment options in-store and online
World Market, a retailer of furniture, decor, gifts, and international food, has partnered with Affirm to provide payment options in-store and online.
Ant Group to sell 4% stake in Paytm for USD 242 million
China’s Ant Group has revealed its plans to offload a 4% stake in Indian digital payments company Paytm in a transaction valued at approximately USD 242 million.
Alibaba Cloud partners with LuluFin and Ant Digital Technologies
Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, has entered into strategic partnerships with LuLu Financial Holdings (LuluFin) and Ant Digital Technologies.
Robinhood acquires WonderFi for USD 179.50 million
Robinhood Markets Inc. has entered an agreement to acquire WonderFi, a Canadian provider of digital asset products and services, for USD 179.50 million.
Raiffeisen Bank partners with Wise Platform to optimise cross-border payments
Raiffeisen Bank has announced its partnership with Wise Platform to optimise cross-border payments for customers in Central and Eastern Europe.
iFOREX weighs London IPO to support global growth plans
Online trading firm iFOREX has revealed its interest for a potential listing on the London Stock Exchange in a bid to expand its operations and reach new markets.
Quadient and Nuvei to optimise global cloud payment capabilities
Global automation platform Quadient has partnered with payment company Nuvei to optimise cloud payment capabilities for businesses worldwide.
Mastercard and LankaPay to launch co-branded debit card
Mastercard and LankaPay have partnered to advance Sri Lanka's digital payments ecosystem, focusing on card issuance, secure transactions, and QR payments.