Latest news with #globalpayment


Gulf Business
5 days ago
- Business
- Gulf Business
Cartex appoints former Tata Communications executive as new COO
Cartex, a fast-growing fintech specialising in global payment solutions, has named Deepak Gusain as chief operating officer. Bringing over two decades of cross-sector experience in global digital infrastructure, Gusain will lead the execution of Cartex's long-term growth strategy spanning financial services, embedded ecosystems, and digital commerce. In his new role, Gusain will oversee the scaling of Cartex's core business lines, including card issuing, payment gateway infrastructure, telecom services, anti-fraud systems, and embedded financial tools. His mandate includes expanding the company's multi-sector ecosystem to enable cross-border commerce, digital connectivity, and financial inclusion across markets in the GCC, Europe, India, Africa, and Asia-Pacific. Prior to joining Cartex, Gusain spent 17 years at Tata Communications in senior leadership roles, driving large-scale digital transformation programmes and building strategic partnerships across telecom, aviation, manufacturing, government, and media sectors. Recognised for his customer-first approach, he has led several first-of-their-kind initiatives, onboarding complex enterprise clients globally while delivering consistent growth and operational resilience. 'Cartex is building the operating backbone for the digital economy – where fintech and telecom converge to drive real-world impact,' said Deepak Gusain. 'I am excited to scale this vision forward by developing regionally anchored teams, enabling scalable infrastructure, and building partnerships that unlock value for our clients and users worldwide.' Cartex's roadmap focuses on deepening B2B and B2C integration across e-commerce, embedded finance, and the creator economy. The company is investing in vertical-specific solutions that merge payments with connectivity—ranging from virtual cards for travel and creator platforms to enterprise-grade telecom services for sectors such as financial services, travel tech, and hospitality. Under Gusain's leadership, Cartex aims to drive both organic and inorganic growth, including strategic M&A, while strengthening its partner ecosystem and go-to-market execution across regions.
Yahoo
19-07-2025
- Business
- Yahoo
PhotonPay Launches Physical Mastercard Commercial Credit Card for Global Businesses
Mastercard Incorporated (NYSE:MA) is one of the best US stocks to buy according to Billionaires. On July 15, PhotonPay announced the launch of its physical Mastercard Commercial Credit Card. The new offering expands PhotonPay's global payment solution portfolio to provide businesses with a unified and secure payment experience across both online and offline channels worldwide. This physical card addresses challenges faced by enterprises in global expansion, like fluctuating exchange rates and limited offline usability. As a Mastercard issuer in Hong Kong, PhotonPay has integrated its digital financial infrastructure with Mastercard's extensive global payment network to deliver this commercial card solution. A technician inserting a credit card into a point-of-sale machine for identity authentication. The card directly links to PhotonPay's multi-currency account system and is accepted by 150 million merchants in 210 countries and regions through Mastercard's network. It also supports ATM cash withdrawals. PhotonPay enables enterprises to manage their cards efficiently by allowing them to issue, freeze, or cancel cards on demand. Mastercard Incorporated (NYSE:MA) is a technology company that provides transaction processing and other payment-related products and services in the US and internationally. While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos

Associated Press
26-06-2025
- Business
- Associated Press
AEGIS Platform in Singapore Officially Launches USD 15 Billion Flagship Fund — WINAO Global Payment Fund No. 1, with Global Ceremony Held in Shenzhen
SINGAPORE, June 26, 2025 -- AEGIS Wallet, a leading multi-licensed digital financial platform based in Singapore, has officially launched its flagship fund — WINAO Global Payment Fund No. 1, with a total scale of USD 15 billion. The fund, issued by WINAO INC., a U.S.-based global payment company, was formally introduced to the global market during a grand launch ceremony held on June 26, 2025, in Shenzhen, China. This milestone marks a major step forward in AEGIS's mission to democratize access to high-quality global assets and empower investors through intelligent and compliant financial infrastructure. AEGIS Wallet: A Global Hub for Compliance and AI-Powered Asset Management Now officially launched on the AEGIS Wallet platform, WINAO Global Payment Fund No. 1 leverages a globally trusted digital infrastructure. AEGIS Wallet is renowned for its advanced technology, broad regulatory credentials, and robust compliance capabilities. The platform currently holds multiple international financial licenses, including: U.S. MSB (Money Services Business) license Cayman Islands fund license Hong Kong Type 9 asset management license Full financial licenses from Comoros and Australia Financial license from the Monetary Authority of Singapore (MAS) Built on a Real-World Asset (RWA) framework and powered by AI Agent technology, AEGIS Wallet delivers full-spectrum services such as secure asset custody, intelligent risk control, and efficient settlement, ensuring the transparency and safety of investor funds. In addition, WINAO Global Payment Fund No. 1 itself is registered under a U.S. Treasury MSB license (License No.: 31000282653502), reinforcing its regulatory strength in the global financial ecosystem. Fund Highlights: Accessibility, Innovation, and Scale Now live on the market, WINAO Global Payment Fund No. 1 stands out for its inclusive design and high-growth potential: Low Entry Threshold With a minimum investment of just USD 200, the fund lowers traditional barriers, enabling a broader spectrum of individual investors to access premium global assets. Forward-Looking Returns Targeting sectors such as digital assets, the fund offers a projected annualized return of up to 240%, paired with a corresponding high-risk profile. Pan-Regional Support Infrastructure Multiple operational centers across the Asia-Pacific region ensure localized service capabilities, supported by AEGIS Wallet's international backbone. Ambitious Capital Goals Aiming to raise USD 15 billion, the fund sets a new standard for intelligent, inclusive, and secure global asset allocation. Global Launch Ceremony: Leading Voices in Finance and Policy Gather in Shenzhen The official global launch ceremony was held on June 26, 2025, in Shenzhen, China, bringing together over 1,000 registered guests, including leading figures from fintech, government, and capital markets. Key speakers included: The CEO of WINAO INC., outlining the fund's strategic vision Officials from China's National Development and Reform Commission and the Beihang University Low-Altitude Economy Committee, discussing policy direction and innovation trends The Head of AEGIS Wallet (Singapore) and the Founder of 01Capital, sharing insights on global investment opportunities and platform potential The event highlighted WINAO's ambition to redefine how digital asset funds operate in a compliant, secure, and intelligent manner across borders. Event Summary June 25, 2025 – Guest Reception Day June 26, 2025 – Official Global Launch Ceremony Location: Shenzhen, China (Venue details available upon request) Registration: Follow @winao_global on Twitter or Telegram for participation updates Contact Info: Name: JNG ZHOU Email: Send Email Organization: AEGIS FINTECH PTE. LTD. Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89163146 Should any problems, inaccuracies, or doubts arise from the content contained within this press release, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will promptly address your concerns within 8 hours, taking necessary steps to rectify identified issues or assist with the removal process. Providing accurate and dependable information is at the core of our commitment to our readers.