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The Paytech Magazine Issue #18
In this issue of The Paytech Magazine, the financial technology landscape is currently witnessing a […]
Amazon, Emirates Islamic, and Mastercard Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region. Soon to be available exclusively in the UAE, the new credit card is packed with a wide range of lifestyle benefits and offers, making it easier than ever for cardholders to enjoy the experiences they love every day, while unlocking additional savings.
LSEG Introduces World-Check Verify, Powered by AWS: Instant, Embedded Screening for Frictionless Payments and Compliance
LSEG Risk Intelligence has launched World-Check Verify, powered by AWS— a next-generation, cloud-native screening API
Corpay Joins UK’s Elite Faster Payments Service
Corpay announced that its Cross-Border business has officially joined the UK Faster Payment Service (FPS)
BofA's New GenAI Assistant Transforms Global Payments Solutions
Bank of America is using generative AI to transform how its Global Payments Solutions team serves more than 40,000 business clients worldwide
EPAA Report Shows Payments Industry Must Act Now on Quantum Threats
The Emerging Payments Association of Asia (EPAA) today released a report on quantum threats to Asia Pacific payments, highlighting the urgent need for coordinated action before quantum computers crack current encryption.
Sendby Selects Flagright to Strengthen Transaction Monitoring & AML Compliance for Migrant Remittances
Sendby has selected Flagright’s AI-native transaction monitoring and AML compliance solutions to bolster its compliance framework
Forgotten Subscriptions and Frustrating Cancellations Are Fueling Billions in Chargebacks
Subscriptions dominate daily spending, from music to media, news or makeup. They’re also at the center of a growing chargeback storm. According to Chargebacks911, a global leader in dispute resolution and chargeback prevention, its 2025 Cardholder Dispute Index shows consumers spend an average of $2,600 a year on subscriptions, and nearly half admit they’re paying for services they forgot they even had.
Stripe Partners With Mercari To Power Global Expansion of Japan’s Creative Industries
Stripe, the programmable financial services company, has been selected by Mercari, Inc., Japan’s largest consumer-to-consumer marketplace, to power its new “Mercari Global App.”
UnionPay International Drives Global Interoperability via China's Cross-Border Interconnection Payment Gateway
On September 16, it was announced that China's Cross-border Interconnection Gateway (CPG) had officially begun trial operation in late July. UnionPay International contributed to developing the CPG's core elements over a six-month period.
Airwallex Brings Nordic Currencies to Issuing Customers, Further Expanding European Reach
Airwallex, a leading global financial platform for modern businesses, today announced the launch of Nordic currencies for its issuing customers, a key milestone that further enhances customer experience across Europe and marks the company’s first step into the Nordic region.
Stripe Powers Instant Checkout in ChatGPT and Releases Agentic Commerce Protocol Codeveloped With OpenAI
Stripe announced that it is helping OpenAI launch a new commerce experience called Instant Checkout in ChatGPT
Solaris Selects ACI Connetic to Future-Proof Payments Infrastructure
ACI Worldwide announced that Solaris SE selected ACI Connetic to consolidate all SEPA instant payments onto ACI Connetic
Finastra Unveils Intelligent Routing Module at Sibos 2025
Finastra announced its Intelligent Routing Module at Sibos 2025, bringing intelligent, data-driven payment routing to banks and financial institutions
Temenos Launches AI-Powered Money Movement & Management Platform at Sibos
Temenos announced the launch of Money Movement & Management, an AI-powered and pre-integrated platform to streamline payments and account services
Thunes Empowers Banks to Deliver Faster Cross-Border Payments to Bank Accounts via Existing Swift Connectivity
Thunes is transforming the cross-border payment experience by offering its Pay-to-Banks solution to financial institutions through their Swift connectivity
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