All articles by Aninda Chakraborty
Aninda Chakraborty
India considers merchant fees on select UPI payments- report
The proposals relate to amendments to India’s Payment and Settlement Systems Act.
Western Union and Rain launch Stablecard tied to USDPT
The new product, Stablecard by Western Union, combines a digital wallet with a USDPT-backed Visa secured credit card.
Mastercard completes BVNK acquisition to boost stablecoin infrastructure
The transaction was first announced in March, when Mastercard signed an agreement to acquire BVNK for up to $1.8bn.
Visa agrees to buy fraud intelligence provider BioCatch for $2.4bn
Visa said the acquisition “complements” its cyber, fraud, risk and security offering as the threat from scams increases.
GCash to expand payment options with Visa and Mastercard card linking
The feature is scheduled to roll out within August.
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ANZ completes takeover of ANZ Worldline payments joint venture
Around 270 ANZ Worldline employees will transfer to the ANZ Group as part of the acquisition.
Unlimit gains MiCA licence to offer crypto-asset services across EU
Unlimit said the authorisation will allow it to provide crypto-asset services across EU markets “under a single approval”.
Wise gains PayNet access to support DuitNow QR payments in Malaysia
Malaysia is the ninth market globally where Wise gained direct access to a domestic payment system.
TerraPay, HDBank partner to enable outbound payments from Vietnam
The service will enable money transfers to overseas bank accounts and mobile wallets globally.
RBC and TD go live on Swift’s new cross-border payments initiative
RBC and TD will be initially supporting inbound transfers from Australia and Belgium.