Company Statements

Citigroup plans to deepen its involvement in China’s financial markets with the launch of an investment banking unit in the country, even as rivals grow more cautious there. The large US bank intends to launch the wholly owned China-based unit...

TreviPay, the most-trusted B2B payments and invoicing network announced the launch of its Universal Acceptance solution to expand supplier access to and faster implementation of TreviPay’s payments and invoicing technology, in partnership with Mastercard. Suppliers who accept Mastercard will...

Visa and RevoluPAY have launched Visa Direct, a new solution that allows RevoluPAY customers to send and receive money instantly from person to person through RevoluSEND. The solution is operational in the European Economic Area via Visa’s global network and...

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, and Huawei, a leading global provider of ICT infrastructure and smart devices, have come together to provide end-to-end card processing and managed...

JP Morgan is set to deepen its corporate banking services in the United Arab Emirates (UAE) with a significant expansion of its operations in Abu Dhabi. The move follows the Financial Services Regulatory Authority's (FSRA) approval of a category...

Mastercard announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to commence domestic bankcard clearing activity...

Nexi, the European PayTech, and Microsoft have strengthened their partnership for the digitisation of payments in Europe, first announced in July 2022. The expanded partnership will see Nexi integrate its digital payment solutions (both in-store and online) within Microsoft solutions,...