Industry Trends

India's Pine Labs partners with Abu Dhabi–based Wio Bank to modernise merchant acquiring infrastructure

Indian fintech firm Pine Labs has announced a strategic partnership with Wio Bank, an Abu Dhabi-based digital financial platform. The collaboration is going to build a modern acquiring infrastructure for Wio Bank with no legacy tech dependency, enabling faster merchant onboarding, real-time settlement capabilities, and seamless multi-mode payment acceptance at scale. As part of the partnership , Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations. Credit+ enables intelligent rule-based workflows, data-driven decisioning, and optimisation of payment acceptance rates, while managing the full merchant acquisition and lifecycle journey through a developer-friendly, tech-first architecture. Designed on a cloud-native, microservices-based framework, Credit+ allows Wio Bank to efficiently scale acquiring volumes with high availability, enterprise-grade security, and regulatory compliance. The platform supports rapid feature...

Industry Trends

Raymond Realty Q3 profit jumps to Rs 67 cr

Raymond Real Estate Ltd on Tuesday reported a sharp jump in its consolidated net profit to Rs 66.79 crore for the third quarter of this fiscal.