Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.
US-based Splitit has partnered with payment solutions provider Atlantic-Pacific Processing Systems (APPS) to provide an integrated card-based instalment payments solution
Sweden-based BNPL provider Klarna has partnered with Airbnb to provide guests in the US and Canada with flexible payment options when booking their stay
Payment solutions provider PayTabs has announced a partnership with revenue-based financing platform FlapKap to further the growth of UAE ecommerce merchants
Teradata (NYSE: TDC) and FICO, the analytics software provider (NYSE: FICO), today announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together in one environment streamlines the development of solutions for use cases across industries, speeding time-to-delivery and making them available for joint customers sooner. The resulting solutions are part of a new global relationship between the two companies, and are expected to deliver reduced costs, improved profits, increased risk mitigation and greater customer satisfaction for Teradata/FICO customers.