All articles by Prasanna Gullapalli
Prasanna Gullapalli
Grab, StraitsX partner for Web3-enabled payments infrastructure across Asia
The partnership will address both technical and regulatory needs for equipping merchants with wallets that are compatible with Web3.
First Abu Dhabi Bank selects Thunes to enable global mobile wallet payouts
Upon full integration of the solution, the customers of the bank will be able to send payments instantly to over 130 nations.
Klarna payment options on Apple Pay expand to Spain, Denmark, and Sweden
This expansion follows similar launches in the UK, Canada, and the US.
Brazil considers taxing crypto-based international payments – report
The Finance Ministry is reportedly reviewing how the IOF could apply to some international transfers involving cryptocurrencies and stablecoins.
JPMorgan to close mobility payments platform acquired from Volkswagen- report
Staff at offices in Luxembourg and Munich will reportedly be affected; some may be offered positions elsewhere within JPMorgan.
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UBS, Ant International collaborate on blockchain-based payment settlement
As per the agreement, Ant International will make use of the blockchain-powered payment platform, UBS Digital Cash.
KKR to acquire up to $75bn of BNPL receivables from PayPal
The agreement, which includes a replenishing loan commitment of up to €6bn, builds on their collaboration, established in June 2023.
Liquid Group, TerraPay partner to boost global QR payment interoperability
The companies are expected to launch pilot projects to assess connectivity between participating providers in Africa and Asia.
Fintech firm Zilch secures $176.7m to fuel growth
The funding raise includes an expansion of Zilch’s securitisation facility with Deutsche Bank.
Pine Labs receives three payment licences from Reserve Bank of India
Pine Labs has secured payment aggregator licences for offline payments, online merchant payments, and for processing cross-border payments.