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The Paytech Magazine Issue #18
In this issue of The Paytech Magazine, the financial technology landscape is currently witnessing a […]
Airwallex Receives MiFID Licence to Launch Yield in the Netherlands, Paving the way for European Businesses to Generate Income on Idle Funds
Airwallex, a leading global financial platform for modern businesses, today announced it has received its Markets in Financial Instruments Directive (MiFID) licence from the Dutch Authority for the Financial Markets (AFM) and will soon launch Airwallex Yield to enable European businesses to generate returns on idle funds.
ClearBank Announces First Channel Partnership to Offer Innovative Banking and Payments Solutions with Leading Fintech Provider Algbra
ClearBank, the enabler of real-time clearing and embedded banking, today announces its first channel partnership with leading ethical FinTech, Algbra, to provide its trusted technology and services as part of Algbra Labs’ Fintech-As-A-Service offering. Through the partnership, Algbra will be able to offer ClearBank’s agency banking, faster payments and virtual account services to customers on its platform, helping them to expand their reach without having to reinvent backend infrastructure. The new solution will be built into Algbra’s existing offer, providing end-to-end service capabilities to customers that will differentiate it from competitors.
Nuvei Taps Stablecoin Rails to Power Payouts in Emerging Markets
Nuvei has expanded its global money movement capabilities, enabling faster and more cost-effective payouts to bank accounts worldwide
Ryt Bank Taps Episode Six to Power Cards Infrastructure, Bringing Smarter Banking to Malaysians
Ryt Bank, the world’s first AI-powered bank, today announced its partnership with Episode Six, a leading global technology provider of enterprise-grade card issuing and ledger infrastructure. Through this partnership, Episode Six will serve as the technology powering all card transactions at Ryt Bank — enabling secure, scalable, and flexible banking for the next generation of Malaysians.
payabl. Supercharges Growth with Silverflow’s Cloud-Native Processing Platform
Silverflow has partnered with payabl. to upgrade its payments infrastructure and accelerate growth
Western Union to Acquire International Money Express, Inc.
The Western Union Company (“Western Union”) (NYSE: WU) and International Money Express, Inc. (“Intermex”) (NASDAQ: IMXI) today announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all-cash transaction at $16.00 per IMXI share, representing a total equity and enterprise value of approximately $500 million.
Shahbandr and Tamara Partner to Empower Over 18,000 Online Stores with BNPL Solutions
Shahband and Tamara, the region’s leading provider of BNPL solutions, partnered to empower online stores with flexible payment options
Thunes and Ontop Transform Global Freelance and Remote Workforce Payments with Real-Time Payouts
Thunes announced a new collaboration with Ontop to receive instant global local currency payouts to bank accounts
Stripe Users Can Now Accept Pix in Brazil via EBANX
EBANX, a global technology company specialising in payment services for emerging markets, has deepened its four-year partnership with programmable financial services company Stripe to expand coverage of Brazilian payment methods worldwide. Businesses on Stripe can now offer Pix, the popular instant payment method developed by the Central Bank of Brazil. They are now able to process Pix payments from Brazilian customers in Brazilian Reais, with settlements available in the merchant’s domestic currency.
The European Central Bank Collaborates with Diebold Nixdorf for Digital Euro Innovation Platform
Diebold Nixdorf (NYSE: DBD), a global leader in transforming the way people bank and shop, today announced its participation as one of 70 contributors in the European Central Bank's (ECB) innovation platform to explore digital euro payment functionalities and use cases.
Ant International Partners with Abu Dhabi Investment Office and Receives IPA from Central Bank of the UAE to Support Local Digitalisation and Fintech Strategy
Ant International announced two milestones that mark a significant step forward for its expansion in the UAE
Clip Introduces the New Device Clip Ultra, Consolidating Its Position as Mexico's Leading Digital Commerce Platform
Clip has introduced its new device, Clip Ultra joining the company's suite of point-of-sale terminals
Payroc Completes Acquisition of Agilisa Technologies
Payroc today announced the acquisition of Agilisa Technologies, an API-centric payment gateway headquartered in Santo Domingo, Dominican Republic. This strategic move strengthens Payroc's position as a global leader in payment processing delivering unparalleled value to our merchants and partners.
GPT 5.0 Launch Sparks Fresh Concern for Finance Teams Battling AI-Driven Expense Fraud
As the world reacts to the launch of GPT-5.0 Medius, reveals a crisis for finance professionals already struggling to detect AI-generated expense fraud
Brex Secures EU Payment Institution License, Unlocking Next Phase of Global Expansion
Brex, the intelligent finance platform, today announced that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. This marks a significant step in Brex’s mission to serve high-growth businesses across key international markets where they currently operate.
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