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DNA PAYMENTS ACQUIRES UK CARD SPECIALIST CARD CUTTERS


Payments provider DNA Payments has acquired Card Cutters, a card acceptance specialist, as part of its strategy to grow in the U.K., the company announced in a news release Wednesday Based in the U.K. and Ireland, Card Cutters provides merchant services and payment technologies to small, independent retailers and larger multi-outlet businesses. London-based DNA says the acquisition will also include

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TIGER GLOBAL INVESTS $15M IN INDONESIAN FINTECH AYOCONNECT


Ayoconnect, Southeast Asia’s largest open finance platform, has closed a $15 million series B financing round led by Tiger Global. The round was joined by PayU, the payments and FinTech business of Prosus, and Alto Partners, as well as individual strategic investors, including Plaid co-founder William Hockey and Jerry Ng, President Commissioner of Bank Jago. Ayoconnect

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CHETWOOD FINANCIAL LAUNCHES FIRST CREDIT CARD, WAVE


Chetwood Financial today announces the launch of Wave, the digital bank’s first-ever credit card, empowering customers to control their spending and manage their finances over the long term. Designed by customers for customers, the Wave credit card offers flexibility and ease for near-prime consumers who typically have fewer credit options available to them, with less functionality.

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FINASTRA PARTNERS WITH HEXAWARE TO ACCELERATE DIGITAL PAYMENTS FOR SELECTED EUROPEAN BANKS


Finastra today announced its partnership with Hexaware Technologies (Hexaware) to provide managed services for Finastra’s payments solutions deployed in the cloud. The move helps Hexaware customers in Germany, Belgium, the UK and Ireland take ownership of their payment infrastructure. The partnership brings together the companies’ industry leading payments and integration experience, to provide mid-sized banks

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HOW J.P. MORGAN IS TRANSFORMING THE FUTURE OF PAYMENTS | J.P. MORGAN PAYMENTS


From embedded payments to digital currency, these are the payments innovations that move everyone and every business forward. J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and

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INTEGRATED GLOBAL PAYMENTS FROM OFX AND CARGOWISE


An integrated multi-currency payment solution from OFX and CargoWise. With OFX’s direct integration to the CargoWise platform, logistics companies can make international payments across 50+ currencies at competitive exchange rates, without juggling different payment platforms.

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FINASTRA INTRODUCES INSTANT ONBOARDING FOR CLOUD PAYMENTS TECHNOLOGY


As Sibos 2021 opened (virtually) today, Finastra announced new instant onboarding capabilities for its Fusion Payments To Go solution. The move enables banks to access the benefits of Finastra’s SaaS solution at speed and with reduced cost, meaning organizations can bring innovative and tailored payments products to their customers with greater efficiency as demands change.

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EXPECTATION VERSUS REALITY FOR PAYMENTS DATA MONETISATION


The concept of payments data monetisation  using payments data to improve either the efficiency of operations, to launch, or to enhance client-facing services  is not a new concept. However, there has been an explosion of interest in recent months as a combination of margin pressure and growing customer expectations, alongside ISO 20022 migration and the