All articles by vidhya munnangi

vidhya munnangi

EBANX adds UPI Autopay for cross-border payments 

The move helps cross-border e-commerce merchants leverage the recurring payments feature of UPI for their clients in the country. 

Borderless.xyz network expands with River.app  

This move aims to provide financial institutions with enhanced capabilities for stablecoin to fiat transactions across a network of over 25 countries. 

XTransfer gains EMI licence from Dutch central bank 

The licence enables the company to officially launch financial services in the Netherlands.  

Stripe unveils AI foundation model for payments and stablecoin accounts  

Payments Foundation Model, trained on tens of billions of transactions, can identify hundreds of nuanced signals for a payment. 

Coinbase rolls out new protocol for stablecoin payments 

x402 is an open standard that revitalises the original HTTP “402 Payment Required” status code to embed stablecoin payments into web interactions.  

PayPal and dLocal expand payments services in emerging markets 

The tie-up leverages PayPal Enterprise Payments, transforming the way merchants approach international e-commerce.  

Payments platform Agree secures $7.2m in seed funding

Using the funds, Agree aims to expand its engineering team and continue its investment in both growth and product development.

TPG and Corpay to take AvidXchange private in $2.2bn deal  

Corpay will investment approximately $500m to takeover 33% equity stake in AvidXchange. 

Visa invests in stablecoin payments firm BVNK  

BVNK offers stablecoin payments infrastructure through a single API platform that connects banks and blockchains. 

PhonePe launches upgraded version of SmartSpeaker 

The latest iteration of the SmartSpeaker is manufactured in India and retains the voice notification feature of the original model.