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Wallyt
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Summary
website
company sizeCompany size: 201-500

Wallyt offers a digital payment and open banking financial technology platform that provides banks with solutions designed to compete with services offerings from fintech firms. Wallyt features digital payment technology, a payment gateway, e-wallet solution, and other services.

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Digital Services
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Wallyt - Recent News & Articles

Credit card debt hits record $1.17 trillion, New York Fed research shows

Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Ba...

Source: CNBC
Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO

Klarna, which is known for its popular buy now, pay later business, said Wednesday it has confidentially filed IPO documents with the SEC. Analysts re...

Source: CNBC
Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement an...

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FTX Sues Anthony Scaramucci to Recover Creditor Funds

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the ba...

Source: PYMNTS
Transak gains Delaware Money Transmitter License and FINTRAC registration

Transak has received its second Money Transmitter License (MTL) from the US state of Delaware, while also gaining registration with the Financial Tran...

Source: Finextra
Fiserv leads $150m funding round for Melio

Melio, an accounts payable and receivable platform for small and medium businesses, has hit a $2 billion valuation in a $150 million strategic funding...

Source: Finextra
Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...

Source: PYMNTS
Payments Industry Growth Slows as Cash-to-Digital Shift Reaches Peak

Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....

Source: PYMNTS
Russia proposes Swift alternative for cross-border payments

In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...