Cards & Payments
Ingenico Launches New Payment Platform For Travel Companies
Global payments provider Ingenico Group has launched TravelHub to connect travel companies with end-to-end payment processing across Asia, Latin America and Europe.
With TravelHub, travel companies can access more than 150 payment methods with smart transaction routing capabilities intended to...
Insurance
Edelweiss Tokio Life ties up with MobiKwik to offer insurance solutions
Edelweiss Tokio Life Insurance, a private life insurer, has tied up with MobiKwik, a leading fintech platform, to offer mobile-based group insurance solutions for the latter’s customers.
Through this partnership, Edelweiss Tokio Life will offer life insurance in the variants...
Cards & Payments
Mastercard Inks Bahrain Blockchain Partnership
Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution.
Together, the firms are developing a platform to enable faster, more secure cross-border corporate payments that would allow companies to more seamlessly...
Cards & Payments
WhatsApp Moves Payments From Pilot To Rollout In India
Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India.
The Facebook-owned messaging app is responding to the increased demand for digital payments in its largest market, Reuters reported on Friday (July 26).
“It’s a regulatory approval...
Cards & Payments
SWIFT Readies ISO 20022 For X-Border Payments
Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions.
A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote...
Americas
Starling Bank partners with SumUp to speed up card payments for businesses
Starling Bank will provide SumUp and its card reader merchants access to its API-based banking infrastructure to help businesses receive next-day payments
A partnership between Starling Bank and mobile card reader specialist SumUp will enable faster transaction settlements for small...
Financials
Midland States Bancorp completes acquisition of HomeStar Financial Group
Midland States Bancorp has completed its acquisition of HomeStar Financial Group, the parent company of HomeStar Bank and Financial Services.
As of March 31, 2019, HomeStar Bank had approximately $381.4 million in assets, $216.6 million in loans and $339.3 million...
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