The Paytech Magazine Issue 04

Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced that its enterprise-grade, USD-backed stablecoin Ripple USD (RLUSD) is now available to institutions in Türkiye through three new partnerships with BiLira, Bitexen and Bitlo.

Conferma, the leading provider of virtual card technology for business travel, has expanded its global programme to eliminate fax, rolling out a full shutdown across Asia Pacific. From 1st June, hotels across APAC will no longer receive virtual card information via fax – regardless of where the booking originates.

At a dedicated session of the FF News Virtual Arena, industry specialists gathered to discuss […]

Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services, recorded more than 151 per cent increase in the number of companies processing salaries through its Wage Protection System (WPS) platform on 1 June 2026, as UAE private sector employers adjusted payroll processes to comply with new salary payment requirements that came into effect nationwide. The surge coincided with the implementation of Ministerial Resolution No. 340 of 2026, under which all private sector establishments registered with the Ministry of Human Resources and Emiratisation (MoHRE) are required to pay employee wages through the Wage Protection System by the first day of each month.

Hypercore, the AI company disrupting loan administration for private credit, today announced a technology integration with Arcesium, a leading global financial technology provider to the investment industry, to connect all disparate components of the private credit fund process. The integration creates a continuous, automated data flow from loan origination through servicing and lifecycle events into portfolio- and fund-level workflows creating a unified platform purpose-built for private credit. This positions Hypercore not as a standalone tool, but as the loan operations hub eliminating manual processes, improving data consistency, and enabling funds to scale more effectively.

Bankjoy, a leading digital banking provider for community financial institutions, today announced strong and growing adoption of JoyCompass, its personal financial management (PFM) platform built to help members take control of their financial lives. Thirty financial institutions have now signed on, including Ellafi, CommunityWide, Advantage Plus, Statewide, Lewis Clark, OU FCU, and SIU CU, with more joining every month.