All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Weavr, Visa partner to provide embedded card solutions for HR tech platforms 

Weavr will enable SaaS businesses to incorporate Visa-supported financial tools into their systems, initially targeting employee benefits.   

OnePay unveils new payment system with Mastercard for cross-border transfers 

Central to the system is Mastercard Move, which supports OnePay users in sending money overseas with traceable transactions and defined delivery times. 

Stitch Group purchases Efficacy Payments 

Launched in 2016, Efficacy was designated a clearing system participant in 2021.  

Beyon Money Business, EazyPay to launch co-branded POS device in Bahrain 

The new POS terminal combines Beyon Money Business’s Flexi Wallet functionality with EazyPay’s established POS infrastructure.   

Mastercard’s Vocalink fined £11.9m by BOE over compliance lapses 

This marks the first instance of the Bank of England penalising a financial market infrastructure firm. 

Worldpay expands embedded payment solutions to Canada and UK 

The service allows software providers to integrate payment processing capabilities directly into their platforms. 

PayJunction integrates with Twilio for AI-driven voice payments 

The move enables PayJunction merchants to utilise AI-driven interactive voice response (IVR) systems for payment processing. 

Dext, Airwallex to launch payments solution for small businesses  

Dext Payments will offer a unified way to handle supplier payments, expenses, payroll, and invoice-based collections.    

Finmo receives electronic money institution licence in UK 

With the EMI licence, Finmo is now permitted to issue electronic money and facilitate both domestic and international fund transfers. 

UnionPay cards link to Alipay, WeChat Pay for Vietnam users in China 

Vietnamese travellers can now use secure QR code payments at various locations in China, such as shops, restaurants, public transport, and tourist sites.