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OneConnect | January 10, 2022
OneConnent Financial Technology and Chengfang Financial Technology Co. Ltd. announced that they are entering into a new strategic partnership. They’ll be working together to address common pain points in the financial industry by bringing about technological innovations and enhanced data processing with proper governance.
OneConnect Financial Technology Co. Ltd. is a leading technology-as-a-service platform for financial institutions and is known to execute outstanding finan...
Financial Management, Fintech
FIS | August 26, 2022
With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster. In response, FIS® has launched its new central infrastructure payment solution, RealNet™ Central, to help central banks transform their markets to digital-first, real-time payment economies.
“The global economy has rapidly shifted toward digital-first mindsets and methods. Whi...
Paya | July 14, 2021
Paya, a leading supplier of integrated payments and commerce solutions, has established a strategic alliance with RECUR360, a cloud-based software and automation solution provider that provides recurring payment, invoicing, and collection capabilities across a variety of B2B sectors. RECUR360 will provide its clients greater capabilities and support for integrated card and ACH transactions as a result of the agreement, while also expanding into new, underserved areas such as wholesalers, distrib...
Facebook, Reliance | April 23, 2020
Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country.
The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...
Financial Management, Payments
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