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India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service

PayU, an Indian payment services vendor, has migrated its credit solution LazyPay to Thought Machine's core banking technology, specifically the Vault Core platform. ...

India’s UPI launches in France through collaboration with Lyra Network

The National Payments Corporation of India (NPCI) has partnered with French payment services firm Lyra Network to introduce the Unified Payments Interface (UPI)...

Nepal’s Kumari Bank taps Compass Plus Technologies for payments processing

Kumari Bank selects Compass Plus Technologies as its new payment processor. The transition from local to international processing is seen as a "pivotal...

Paymob lands PSP licence from Oman’s central bank

Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman. Paymob claims to be...

National Bank of Oman partners PayMate to modernise B2B payments

Partnership Overview:The National Bank of Oman (NBO) has signed a Memorandum of Understanding (MoU) with Indian fintech PayMate to modernize its B2B...

Indian fintech PhonePe names Ritesh Pai as CEO of international payments

New Leadership at PhonePe:Ritesh Pai, a banking professional with over 25 years of experience, has joined PhonePe. Pai was previously associated with...

Berkshire Hathaway sells stake in India’s Paytm for $165m

Berkshire Hathaway Sells Paytm StakeBillionaire Warren Buffett's company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for...

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