Latest Global Payments News

Klevo Rewards reports a 164% year-on-year jump in Fly Wallet’s processed Gross Dollar Value to $344 million, driven by international transactions. The company sees a $15.2 million opportunity to recapture missed revenue from declined payments due to insufficient funds.

Klevo Rewards has made major strides in Q1 2026, unveiling an Australian dollar-backed stablecoin and securing SWIFT network access through Fly Wallet, boosting its global payments and rewards platform.

Ovanti Limited has partnered with Codebase Technologies to integrate proven open API banking infrastructure into its Super App, accelerating its entry into AI-driven digital asset banking.

EML Payments has appointed Adam Olding as its Global CEO, marking a pivotal step in its EML 2.0 transformation and signalling strengthened leadership to drive growth. Concurrently, regulatory developments around its Australian banking licence application introduce new compliance dynamics.

Klevo Rewards partners with Bybit to launch KLVAUD, an Australian dollar-backed stablecoin integrated with a Mastercard and a global rewards ecosystem. This move aims to transform everyday spending into digital asset rewards accessible worldwide.

Ovanti Limited launches its One Financial Superapp powered by Isentric, combining instant payments, DeFi yields, BNPL, and AI financial advisory in a unified platform targeting underbanked markets.

Klevo Rewards Limited’s subsidiary Fly Wallet has secured key Mastercard compliance and earned over AUD 550,000 in incentives, marking a significant step in its payments platform evolution.

Change Financial Limited has reported a record revenue quarter driven by its Vertexon platform growth and new client wins, prompting an upgrade to its FY26 financial guidance.

Cuscal Limited has completed its acquisition of Indue Limited, targeting significant cost synergies and board refreshment to strengthen its payments business.

OFX Group reported a 5.6% decline in net operating income for 1H26 amid macroeconomic challenges but showcased strong progress in its OFX 2.0 platform transition and strategic investments aimed at long-term growth.

Smartpay Holdings has secured final court approval for its acquisition by Shift4 Holdings, setting the stage for share suspension and delisting in early November. Shareholders will receive NZ$1.20 per share in cash upon completion, pending final conditions.

Smartpay Holdings Limited shareholders are set to vote on a proposed NZ$1.20 per share cash acquisition by Shift4 Holdings Limited, with the Board unanimously recommending the deal. The scheme offers a significant premium amid regulatory and competitive challenges.