Contactless payments valued at $2.5 trillion after 45% increase on 2020
A new report from Juniper Research has indicated a major boost in valuation for global contactless payments, reaching a massive $2.5 trillion.
SWIFT launches SWIFT Go, a fast, cost-effective service for low-value cross-border payments
The SWIFT Go service builds on the high-speed rails of SWIFT gpi, which have transformed the speed and predictability of high-value payments.
SWIFT to eliminate frictions in international payments
SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent.
Global banks preparing to leverage SWIFT’s new platform for international payments flows
Six leading global banks today announced their endorsement for SWIFT’s new transaction management platform.
Dubai fintech Mamo raises $8 million for its digital wallet and payments platform
Dubai fintech Mamo, a digital wallet and payments platform, raises $8 million in its latest Pre-Series A funding round.
SWIFT and Accenture publish joint paper on central bank digital currencies in cross-border payments
SWIFT and Accenture today published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader digital asset innovation
Fintech start-up Stripe enters the Middle East with UAE launch
Stripe, one of Silicon Valley’s most valuable private fintech companies, has chosen Dubai for its first expansion into the Middle East and North Africa.