The collaboration allows real-time fund delivery to accounts via card credentials.
Access to Global Visa Direct extends to over 30 countries through this partnership.
Nuvei Corporation, the Canadian fintech company, has
revealed its collaboration with Visa, a well-known figure in digital payments,
to introduce Visa Direct in Colombia. Nuvei becomes the first global payments
provider to extend Visa Direct to its clientele in the country.
Transferring Funds to Financial Account
Visa Direct, a capability within VisaNet processing,
facilitates secure and nearly instantaneous funds transfer directly to
financial accounts via card credentials. This feature caters to various
applications such as person-to-person payments, fund disbursements, bill
payments, or cross-border remittances, directly to eligible debit or prepaid
cards.
Philip Fayer, Nuvei Chair and CEO, Nuvei, Source: LinkedIn
Colombian merchants gain access to Visa Direct through
Nuvei's comprehensive modular payments technology platform. Leveraging Visa
Direct, Nuvei's merchants can offer instant payout services to their customers,
with transactions processed nearly in real-time.
The provision of instant payouts to cards empowers
businesses to furnish a quicker, more secure, and smooth payment experience
across diverse industries reliant on payouts.
"Offering instant payouts through Visa Direct supports
our strategy of providing best-in-class payment solutions tailored to the needs
of each market we serve," commented Philip Fayer, Nuvei's Chair and CEO.
"Colombia is one of the fastest-growing eCommerce markets in Latin
America, and we're proud to deliver innovative ways for our customers to
optimize their payment flows, enhance user experiences, and operate with
maximum efficiency."
Expanding Payment Offerings with Integration
The partnership with Visa to deploy Visa Direct underscores
Nuvei's pioneering role in introducing cutting-edge payment solutions in
Colombia. Recently, Nuvei became the inaugural global payments provider to
offer direct local acquiring in the country, enabling online businesses to
accept card payments sans reliance on intermediaries or third-party payment
processors.
Visa Direct is already accessible to Nuvei's partner
merchants in over 30 European countries, including the UK, as well as in North
America's US and Canada, and in the APAC regions of Hong Kong and Singapore.
The extension of Visa Direct access to Colombian businesses marks the latest
expansion of the global strategic collaboration between Nuvei and Visa.
Nuvei Corporation, the Canadian fintech company, has
revealed its collaboration with Visa, a well-known figure in digital payments,
to introduce Visa Direct in Colombia. Nuvei becomes the first global payments
provider to extend Visa Direct to its clientele in the country.
Transferring Funds to Financial Account
Visa Direct, a capability within VisaNet processing,
facilitates secure and nearly instantaneous funds transfer directly to
financial accounts via card credentials. This feature caters to various
applications such as person-to-person payments, fund disbursements, bill
payments, or cross-border remittances, directly to eligible debit or prepaid
cards.
Philip Fayer, Nuvei Chair and CEO, Nuvei, Source: LinkedIn
Colombian merchants gain access to Visa Direct through
Nuvei's comprehensive modular payments technology platform. Leveraging Visa
Direct, Nuvei's merchants can offer instant payout services to their customers,
with transactions processed nearly in real-time.
The provision of instant payouts to cards empowers
businesses to furnish a quicker, more secure, and smooth payment experience
across diverse industries reliant on payouts.
"Offering instant payouts through Visa Direct supports
our strategy of providing best-in-class payment solutions tailored to the needs
of each market we serve," commented Philip Fayer, Nuvei's Chair and CEO.
"Colombia is one of the fastest-growing eCommerce markets in Latin
America, and we're proud to deliver innovative ways for our customers to
optimize their payment flows, enhance user experiences, and operate with
maximum efficiency."
Expanding Payment Offerings with Integration
The partnership with Visa to deploy Visa Direct underscores
Nuvei's pioneering role in introducing cutting-edge payment solutions in
Colombia. Recently, Nuvei became the inaugural global payments provider to
offer direct local acquiring in the country, enabling online businesses to
accept card payments sans reliance on intermediaries or third-party payment
processors.
Visa Direct is already accessible to Nuvei's partner
merchants in over 30 European countries, including the UK, as well as in North
America's US and Canada, and in the APAC regions of Hong Kong and Singapore.
The extension of Visa Direct access to Colombian businesses marks the latest
expansion of the global strategic collaboration between Nuvei and Visa.
United Fintech Scores Sixth Backer Days After Barclays Deal
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
