A new study released today reveals the staggering cost of payment system failures to UK retail and hospitality businesses

Transactility Inc., the company behind the widely used open-source card payments framework jPOS, has announced the release of jPOS 3. This major upgrade introduces ISO 20022 compatibility, improved performance, and enhanced observability features, positioning jPOS at the forefront of the future payment infrastructure.

Payhawk, a platform offering an expense management solution for businesses in 32 countries, has signed a strategic partnership with Novutech, a consulting firm specialising in digital transformation for businesses across Europe and a NetSuite expert. This collaboration is part of a shared commitment to provide customers with more integrated, automated and efficient expense management solutions.

Visa, a world leader in digital payments, is introducing its issuer-offered Click to Pay solution to the market. Military Commercial Joint Stock Bank (MB), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), JSC Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), and Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) have been the pioneer banks in adopting the solution. For Techcombank and VPBank, Visa cardholders can experience the solution starting today. On the acceptance side, Click to Pay has been adopted by Ngan Luong Payment Gateway JSC (Alepay Gateway), and VietUnion Online Services Corporation (Payoo), Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank), and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank).

Navro — the pioneering fintech that simplifies cross-border payments for international businesses — today announces that it has obtained a Delaware Money Transmitter Licence. The licence, which is regulated and issued by the Delaware Office of the State Bank Commissioner, marks Navro’s first licence in the US and the first step in rolling out its payments curation platform and services across the country.

Backbase, the global leader in AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative leap in Bank Muamalat’s journey to redefine Islamic banking, positioning it as a pioneer in Malaysia’s rapidly expanding digital banking landscape. By harnessing Backbase’s AI-powered Banking Platform, ATLAS delivers a faith-aligned digital experience with seamless onboarding, DuitNow integration, Shariah-compliant financing, and personalized servicing — setting a new benchmark for Islamic financial services in the region.

Millennials are increasingly turning to mobile wallets, especially those equipped with multi-currency features for their international transactions, while simultaneously prioritising security above all other factors, according to a new study by PXP, leading omnichannel tech platform.

With the global e-commerce market projected to reach over $8 trillion by 2028[1], inclusive global payments platform, Ecommpay, has published a comprehensive guide, Unlocking Global Growth: How merchants can seize the future of e-commerce payments. Available as a free download from the Ecommpay website, the guide provides businesses with actionable insights and strategies to navigate the complexities of global e-commerce.

Segen, a leading global renewable energy equipment distributor, today announces a strategic partnership with BNP Paribas Leasing Solutions to provide tailored end-to-end financing solutions under the Segen Finance brand.Segen, a leading global renewable energy equipment distributor, today announces a strategic partnership with BNP Paribas Leasing Solutions to provide tailored end-to-end financing solutions under the Segen Finance brand.

Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2025 Anti-Scam Research Report in partnership with blockchain security firms SlowMist and Elliptic. The report reveals that global crypto scam losses surged to $4.6 billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts. The publication marks the official launch of Bitget’s Anti-Scam Month, a month-long initiative dedicated to security education and ecosystem-wide awareness.

Conferma, the leading virtual card technology provider, has expanded its strategic membership in the J.P. Morgan Payments Partner Network to include J.P. Morgan Payments’ industry-leading virtual card solutions as part of its European offerings. This expansion offers European-based businesses the opportunity to issue and manage virtual cards effortlessly, unlocking multi-currency capabilities and providing greater flexibility to streamline payments across the region.

Vistra, a leading provider of essential business services that help organizations to invest, grow, and operate efficiently and compliantly across the world, today announces the completion of its acquisition of iiPay. This powerful combination creates one of the world’s most comprehensive global payroll offerings and is a milestone moment for Vistra.

Nova, the global professional network where access is based on merit and talent, has raised €3.2 million in a funding round led by CDP Venture Capital, through the ServiceTech segment of its Corporate Partners I Fund. The round also saw participation from BY Venture Partners and angel investors from the Doha Tech Angels network. This fund will support Nova’s international expansion and growth, strengthen its operations in Italy and abroad, and accelerate the development of its technology, with a particular focus on artificial intelligence.

Binance, the world’s largest cryptocurrency exchange by trading volume and registered users, can now announce that it played a key role in assisting U.S. and Taiwanese law enforcement in an operation that led to the takedown of Incognito Market, one of the world’s largest darknet drug marketplaces – which facilitated over USD $100 million (approximately NT$3 billion) in illegal drug sales.

LL Global, the parent of LIMRA and LOMA, the leading trade association for the life insurance, annuity, and workplace benefits industry, announced today that it is merging the nonprofit consumer education association, Alliance for Lifetime Income (ALI) into LIMRA and LOMA.