PYMNTS-MonitorEdge-May-2024

digital wallets

Grab Grabs 90 Pct OVO Digital Wallet Stake From Lippo
Grab Grabs 90 Pct OVO Digital Wallet Stake From Lippo
October 04, 2021  |  Partnerships / Acquisitions

Southeast Asia’s super app Grab is upping its interest in the Indonesian digital payments startup OVO from 39 percent to 90 percent after buying the...

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Singapore, Malaysia to Test Cross-Border Payments 
Singapore, Malaysia to Test Cross-Border Payments 
October 01, 2021  |  International

The central banks of Singapore and Malaysia say their customers will be able to conduct real-time cross-border payment transfers via a mobile number starting next...

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AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts
AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts
October 01, 2021  |  Faster Payments

Canadian payment process AptPay is working with NRT Technology and Mastercard to allow casinos and online gaming sites to disperse winnings instantly into guests’ or...

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Account-to-Account Transactions Leapt 60% in 2020
Account-to-Account Transactions Leapt 60% in 2020
October 01, 2021  |  Payment Methods

When consumers were forced to migrate from physical to digital commerce in the first months of the pandemic, account-to-account (A2A) money transfers soared. In fact,...

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Betcris Expands Gaming/Betting Payment Platform With SafetyPay Partnership
Betcris Expands Gaming/Betting Payment Platform With SafetyPay Partnership
September 30, 2021  |  Digital Payments

SafetyPay, Latin America’s largest payment network, has joined forces with Betcris, the region’s biggest sport betting and iGaming company.  The two companies announced the partnership...

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Apple Pay Glitch May Be Exploited for Unauthorized Contactless Payments 
Apple Pay Glitch May Be Exploited for Unauthorized Contactless Payments 
September 30, 2021  |  Apple Pay

Researchers have recently discovered a loophole in iPhones that allows hackers to make unauthorized contactless payments on locked mobile phones by exploiting an Apple Pay...

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Open Banking Firm Vyne Completes $15.5M Seed Round
Open Banking Firm Vyne Completes $15.5M Seed Round
September 23, 2021  |  Investments

Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at...

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eBay Goes Live With Managed Payments Worldwide
eBay Goes Live With Managed Payments Worldwide
September 23, 2021  |  Digital Payments

After three years of rolling out end-to-end payments processing, eBay is now managing payments in all markets worldwide, with most sellers enabling the tool for...

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Circle Partners With Plaid to Drive Bank Verifications for ACH Payments
Circle Partners With Plaid to Drive Bank Verifications for ACH Payments
September 23, 2021  |  Partnerships / Acquisitions

Global FinTech startup and stablecoin issuer Circle is partnering with financial data aggregator Plaid to ease and speed the verification process for ACH payments and...

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