Cards & Payments

UAE-based banking-as-a-service (BaaS) solution provider NymCard has raked in $7.6m in a Series A funding round to expand in the Middle East and North Africa (MENA) region. The funding round was led by Shorooq Partners, which was joined by OTF...

PayPoint has signed an agreement to acquire RSM 2000 in a bid to bolster its MultiPay digital payments portfolio. Founded in 1999, RSM 2000 is an UK-based electronic payment service provider. The company offers different digital payment solutions such as...

With Buy Now Pay Later (BNPL) companies popping up all over the place, shoppers have been allowed to opt-out of traditional credit programs and substitute for an interest-free option. This has left many credit card companies floundering while the...

US-based money transfer company MoneyGram International has extended its existing partnership with Qatari telecommunications operator Ooredoo Qatar by five years. The renewed partnership allows MoneyGram customers to continue sending money to family and friends through Ooredoo Money Wallet, in almost...

worldlineWorldline has extended its collaboration with PSA Payment Services Austria, acting as the technical clearing and settlement partner for domestic and international interbank payments. PSA and Worldline aim to lay the groundwork for a new real-time payment platform for...

US-based financial technology services provider Global Payments has entered into a multi-year partnership with Google to deliver advanced cloud-based products and capabilities. Under the partnership, Global Payments will move its merchant acquiring technology to Google Cloud. It would help Google...

UK-based online payments company Paysafe has acquired US-based payment technology company Openbucks, for an undisclosed amount. Openbucks is a payment gateway that enables online merchants to accept retail gift cards as an alternative form of payment to credit cards, which...