Company Statements
Cards & Payments
RevoluPAY launches Visa Direct for instant P2P payments
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 Visaβs global network and...
Cards & Payments
Network International and Huawei jointly facilitate digital payments journey for financial services players
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...
Banking
JP Morgan expands UAE operations with enhanced Abu Dhabi presence
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...
Cards & Payments
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 Peopleβs Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to commence domestic bankcard clearing activity...
Company Statements
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,...
Banking
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...
Cards & Payments
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 worldβs 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...
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