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Mastercard JV approved to begin domestic payments processing in China

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 and Microsoft join forces for enterprise digitisation in Italy and Europe

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,...

Visa Accelerates Support for Small and Micro Businesses Across APEC and Globally

Visa and Visa Foundation made several announcements related to their ongoing commitment to support small and micro businesses (SMBs) across APEC and the world. First, Visa Foundation is pledging $100 million to support underserved and women-led SMBs in APEC...

Marqeta and Credi2 Team Up to Provide New Instalment Capabilities for Banks in Europe

Marqeta the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced a new partnership with Credi2 to provide an end-to-end instalments platform designed for banks, helping them deliver instalment payments on cards...

Alkami and Plaid unveil groundbreaking API partnership for enhanced digital banking

Alkami Technology, a provider of cloud-based digital banking solutions in the U.S., has forged a significant partnership with Plaid, a global data network integral to over 8,000 financial apps and services. The partnership aims to offer Alkami’s clients, primarily financial...

New England Federal Credit Union Unveils Lumin Digital’s Advanced Digital Banking Platform

Lumin Digital has officially launched a multi-year partnership with Vermont-based New England Federal Credit Union (NEFCU) to support an enhanced online banking experience for the credit union's 166,000 members and more than $3 billion in assets. Launched on NEFCU's website...

Mastercard and EedenBull Introduce Card and Spend Management Solution for SMEs in APAC

Mastercard and Norwegian fintech company EedenBull have announced the launch of a cards and spend management platform designed specifically to help small and medium-sized enterprises (SMEs) to process their spending and payments more efficiently. As an extension of the two firms’ existing...

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