Tagged: digital transactions

October 28, 2025 @ 8:11 am By Omar Faridi  |  

Coinbase  (NASDAQ:COIN) is announcing a collaboration with Citi (NYSE: C) that’s said to be focused on solving a pressing challenge: making it more seamless for Citi’s clients to leverage the potential of digital assets as well as stablecoins to facilitate the transmission of value. The… Read More

October 24, 2025 @ 1:00 pm By Omar Faridi  |  

Payments Canada announced recently that it implemented amendments to By-laws No. 1 and 3. These amendments now aim to reflect key changes to the Canadian Payments Act (CP Act) as well as the introduction of the Retail Payment Activities Act (RPAA). The stated objective of… Read More

October 21, 2025 @ 12:26 pm By Omar Faridi  |  

OpenFx noted that just five months back, they came out of stealth at $8B in annualized payment volume. And this past month, they claim to have crossed $20B. Somewhere along that process and journey, the customer conversation fundamentally changed, the OpenFX team claims. At $8B,… Read More

October 8, 2025 @ 10:29 pm By Omar Faridi  |  

Canada reaches $12.2 trillion in payment transactions in 2024, with credit cards accounting for 1 in 3 transactions. This, according to a recent update shared by Payments Canada. Some of the main research report highlights are as follows: Digital payments represented 86 per cent of… Read More

September 26, 2025 @ 12:18 am By Omar Faridi  |  

In an era defined by geopolitical friction, soaring expenses, and rapid technological upheaval, Hong Kong’s business landscape is teetering on the edge of uncertainty. A new report from global fintech Airwallex reveals a stark reality: 62% of Hong Kong businesses are woefully unprepared for the… Read More

September 22, 2025 @ 6:30 pm By Omar Faridi  |  

In a move to support small and medium enterprises (SMEs), Meta has (NASDAQ:META) integrated a QR code-based payment system into the WhatsApp Business App. The announcement was made during Meta’s recent business summit in Mumbai, India, highlighting the company’s focus on enhancing digital tools for… Read More

August 27, 2025 @ 8:36 am By Omar Faridi  |  

Fintech company Sightline Payments in collaboration with Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, has created a solution for the gaming industry, Sightline Debit. According to the announcement, the solution creates a “frictionless, customer-centric experience that streamlines both spending and… Read More

August 24, 2025 @ 11:55 am By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a significant shift, driven by Payments Canada’s ongoing modernization efforts. At the core of this transformation is the Real-Time Rail (RTR), a new national payment infrastructure set to enable instantaneous, data-rich transactions 24/7. Coupled with the adoption of the ISO… Read More

August 11, 2025 @ 9:30 pm By Omar Faridi  |  

In the evolving financial services sector, payment modernization is often framed as a technological objective and/or target—new platforms, faster transactions, and enhanced security. However, a recent discussion at The 2025 Payments Canada SUMMIT, hosted by Kristina Logue, Chief Financial Officer at Payments Canada, and featuring… Read More

August 5, 2025 @ 9:44 pm By Omar Faridi  |  

Payments Canada has announced the implementation of changes to its bill payment framework, set to take effect on December 1, 2026. These updates, developed through public consultation and collaboration with industry stakeholders, aim to improve operational efficiency, embrace technological advancements, and enhance the bill payment… Read More

July 26, 2025 @ 1:36 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) continues to redefine the digital payments landscape with innovative solutions aimed at empowering merchants and bolstering consumer trust. Recent developments highlight PayPal’s commitment to streamlining commerce and enhancing security: an expanded partnership with Wix to deliver a unified payments experience, the launch… Read More

July 24, 2025 @ 11:43 pm By Omar Faridi  |  

Payments Canada continues to make strides in modernizing Canada’s payment infrastructure, with progress on the Real-Time Rail (RTR) payment system and the appointment of new and returning members to its Member Advisory Council (MAC). These developments underscore Payments Canada’s commitment to fostering tech development, security,… Read More

July 16, 2025 @ 11:08 am By Omar Faridi  |  

IsraJets, a boutique private aviation company operating in the United States, Israel and Cyprus, has partnered with Airwallex, a global payments and financial platform for growing businesses. Through the partnership, IsraJets has adopted Airwallex’s financial infrastructure to “improve the speed and efficiency of its global… Read More

July 8, 2025 @ 11:19 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Pay4You, a self-service payment portal, have announced a new partnership to deliver a tail spend management solution for corporations across Europe. This collaboration leverages Mastercard’s Virtual Card Network (VCN) technology, and guarantees card acceptance, “providing a seamless and efficient way for… Read More

July 8, 2025 @ 4:47 am By Omar Faridi  |  

Curve, the digital wallet, announced deepening its collaboration with Thales, the global enabler of advanced technologies, “delivering secure payment solutions for financial institutions.” This partnership comes on the back of Curve launching Curve Pay on iOS, marking a key moment in mobile payments. This partnership… Read More

June 27, 2025 @ 5:47 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform, announced significant momentum in its Canadian operations, demonstrating rapid growth in revenue and customer base and strong product-market fit among Canadian businesses on the international stage. In the past 12 months, Airwallex has seen a “390% growth in… Read More

June 20, 2025 @ 12:29 pm By Omar Faridi  |  

Anchorage Digital notes that stablecoins represent a foundational shift in how value moves around the world—offering a fast, inclusive alternative to traditional payment rails. From enabling real-time cross-border remittances to powering on-chain commerce and programmable finance, their impact is already “felt across emerging markets and… Read More

June 19, 2025 @ 10:21 am By Omar Faridi  |  

Stake, one of the digital and global real estate investment platforms, has launched Pay to Card, a withdrawal feature powered by global digital payments company, Checkout.com. The new solution enables investors to “receive their dividends and returns directly to their bank cards, often in just… Read More

June 18, 2025 @ 2:45 pm By Omar Faridi  |  

Alchemy Pay, the crypto payment solution provider, has announced a strategic partnership with Ripple to support fiat on-ramp access via Ripple USD (RLUSD), a USD-denominated stablecoin issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. This support enables users… Read More

June 17, 2025 @ 7:17 am By Omar Faridi  |  

JPMorgan Chase (NYSE: JPM), the largest bank in the United States, has ignited widespread speculation in the financial and cryptocurrency sectors with its recent trademark filing for “JPMD.” Submitted to the U.S. Patent and Trademark Office (USPTO) on June 15, 2025, the filing outlines a… Read More