The tie-up will enable Indian startups and SMBs to fold technology into their operations and accelerate digitalization while also maintaining business continuity and preparing for alternatives to cash payments.
The pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.
Mastercard plans to take Juvo’s platform to financial institutions across Latin America and the Caribbean. The companies said the service could potentially help open up banking services to millions of customers.
dLocal is growing its payment network to include three countries in Central America and the Caribbean, while SafetyPay has collaborated with Latin America’s Rappi.
The region’s financial institutions and merchants have needed to work swiftly to support unprecedented levels of digital payments.
Digital accelerated to the forefront amid the COVID-19 pandemic, but it’s become clear as governments lift stay-at-home orders that it’s now many consumers' preferred way of getting things done.
Digital payment software and solutions firm ACI Worldwide will be working with Sri Lanka’s National Savings Bank to implement a new solution for mitigating fraud.
In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July.
TradeCore’s aim is to handle and accelerate the back-end processes and technological integrations, such as regulation compliance, so the emerging fintech can focus on growing its business.
Hong Kong Alt-Lender Oriente Raises $50m as It Looks to Step up Efforts in a Highly Competitive Sector
Oriente will use the money to boost its growth in existing markets and further new developments in places like Vietnam.