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CIMB Niaga partners Liquid Group to support Bank Indonesia’s QR Code standardisation trial for cross-border transactions

PT Bank CIMB Niaga Tbk (“CIMB Niaga”) and Liquid Group announced a strategic partnership to spearhead cross-border QR payment acceptance between Singapore and Indonesia. The partnership was initiated through their joint participation in Bank Indonesia’s Quick Response Indonesian Standard...

J.P. Morgan Launches E-Customs Payment Solution to Digitize Cross-Border Payments in China

The leading global financial institution J.P. Morgan  announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods. The solution solves common...

Denver and Latin America form digital finance collaboration

World Council of Credit Unions (WOCCU) invited a dozen executives from Peru’s Cooperativa de Ahorro y Credito Santo Cristo de Bagazan and El Salvador’s Federation of Savings and Loan Cooperative Associations (FEDECACES) to take part in the three-day Pasantia...

Western Union partners with Visa for faster cross-border payments

Financial services and communications firm Western Union has partnered with payments technology giant Visa to add speed and transparency to the process of sending money across the world. Under the collaboration, Western Union will deploy Visa Direct, Visa’s real-time push...

Revolut launches Apple Pay for customers across Europe

Revolut's 4.9 million customers across the continent are now able to link their accounts to Apple Pay and create a virtual card for their digital wallets Challenger bank Revolut has today launched Apple Pay compatibility for its customers in 16...

MoneyGram, Canada Post launch digital money transfer service

MoneyGram, a provider of money transfer services, and Canada Post have introduced a new digital money transfer service to better serve the customers. The new digital money transfer service will allow money transfer consumers to begin a transaction online and...

PayU to acquire Turkish payment company iyzico for 130m

Fintech company PayU has agreed to acquire Turkish digital payment services provider iyzico for $165m (£129.7m). iyzico enables secure payments to more than 300 marketplaces. Its network includes more than 400,000 personal sellers of varying sizes and about 30,000 online...

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