Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading chipmaker, has officially entered the elite trillion-dollar market cap club, driven by a global surge in demand for AI-powered computing and semiconductors. This historic milestone places TSMC alongside tech titans like Apple, Microsoft, and Nvidia, cementing its role as a cornerstone of the AI hardware revolution. What’s […]
Category: PayTech
India’s UPI Overtakes Visa in Daily Transactions with 650 Million+ Payments.
India’s homegrown digital payment system, Unified Payments Interface (UPI), has officially surpassed Visa in daily transaction volume—a historic moment in the evolution of global digital finance. According to recent data, UPI is now processing over 650 million transactions per day, overtaking Visa’s global daily transaction count of approximately 639 million. This remarkable feat cements UPI’s […]
Dext and Airwallex Launch Seamless Payment Automation for Businesses.
In a significant move for finance and accounting professionals, Dext, a leading provider of accounting automation tools, has partnered with global fintech platform Airwallex to deliver seamless payment automation. The integration is designed to help businesses simplify and speed up how they manage invoices, expenses, and international payments—all in one streamlined workflow. The Power of […]
Cloudflare Launches ‘Pay per Crawl’ to Help Websites Monetize AI Access.
In a bold move set to reshape the digital content economy, Cloudflare has launched a new feature called “Pay per Crawl”, allowing website owners to monetize access to their content when it is scraped or indexed by AI bots and crawlers. This comes as AI companies increasingly rely on publicly available web content to train […]
Singapore Introduces SPaN to Oversee National Payment Systems.
In a strategic move to bolster the security, efficiency, and innovation of its financial infrastructure, Singapore has established a new entity called SPaN—the Shared Payments and Network. This newly incorporated body will play a central role in governing and managing the nation’s critical payment systems, reflecting Singapore’s commitment to building a future-ready, digital financial ecosystem. […]
FIS-Visa Partnership Unlocks Premium Payment Features for Smaller Banks.
In a move set to level the playing field in digital banking, financial technology giant FIS has announced a strategic partnership with Visa to offer premium payment capabilities to smaller banks and credit unions. The collaboration aims to bring enterprise-grade digital payment solutions to community-based financial institutions, enabling them to better compete in an increasingly […]
Flutterwave Powers Business Growth in Cameroon with Fully Licensed Payment Services.
In a significant step toward financial inclusion and digital transformation in Central Africa, Flutterwave has announced the launch of its fully licensed payment services in Cameroon. With this development, the Africa-focused fintech giant is set to empower businesses of all sizes across the region to seamlessly accept and make payments, both locally and internationally. A […]
Paytech M&As are Redefining Africa’s Payments and Banking Landscape.
Africa’s financial sector is undergoing a massive transformation, driven by a wave of mergers and acquisitions (M&As) in the paytech (payments technology) space. These strategic moves are not only reshaping the competitive dynamics of the industry but also accelerating financial inclusion and digital adoption across the continent. The Rise of Paytech in Africa Africa has […]
Charge Anywhere Certifies for US EMV Payments with Chase Paymentech.
In a move that strengthens secure payment processing in the U.S., Charge Anywhere, a leading payment gateway and mobile POS solutions provider, has achieved EMV certification with Chase Paymentech. This certification enables Charge Anywhere to process chip-based (EMV) credit and debit card transactions through Chase’s payment network, enhancing security and compliance for merchants nationwide. What […]
Walmart’s Credit Cards Return to Synchrony After New Agreement With OnePay.
Retail giant Walmart is bringing its credit card program back under the management of Synchrony Financial, following a new agreement involving fintech firm OnePay. This move marks a return to a long-standing partnership and a shift in Walmart’s strategy around financial services, just a few years after the retailer transitioned to Capital One. The Background […]
