BankingPartnership

Snowdrop Solutions: Extends partnership with Visa throughout Asia Pacific

  • Snowdrop Solutions Ltd. unveiled a partnership with Visa, the world’s leader in digital payments
  • Provide innovative location-enriched services to banks and financial services firms throughout the Asia Pacific region
  • The two companies said they would work together to distribute Snowdrop’s technologies and services to Visa’s existing banking customers
  • By leveraging Snowdrop’s MRS along with Google Maps Platform, these banks can quickly turn confusing transactions into clear merchant names
  • The new services easy and quickly deployed as Application Programming Interfaces (APIs)
  • In Europe, for example, Snowdrop’s MRS has reduced call centre and other operational costs for banks, whilst boosting customer loyalty scores
Previous article
Tourmaline Partners: Hires Two New Managing Directors
Next article
dLocal: Expands executive team with new CTO and CFO appointments
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...
FinTech

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...
FinTech

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...
FinTech

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...