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Fintech startups: Hitachi Payment Services launches HPX HPX

Fintech startups: Hitachi Payment Services launches HPX

India Blooms News Service | @indiablooms | 13 Oct 2023, 06:51 pm

Hitachi Payment Services, a payments and commerce solutions provider, on Friday announced the launch of its HPX initiative.

Through the HPX initiative, Hitachi Payment Services will collaborate with disruptors in the fintech and payments segment, and thereby provide superior payment experiences through innovation for businesses and consumers.

This program will bring together a diverse range of entrepreneurs who have been working on technology-led solutions to shape the future of payments.

The HPX initiative offers a comprehensive range of benefits for participants, including access to capital, expedited commercialization of innovative payment solutions, invaluable access to key industry partnerships, and the unique opportunity to extend their influence beyond India's borders.

As a part of HPX, the company will focus on key segments such as Core Banking, Banking as a Service, Embedded Finance, Web 3.0/ CBDC, Issuance, Payments Compliance and AI/GenAI.

Anuj Khosla, Chief Executive Officer – Digital Business, Hitachi Payment Services, said: “With the launch of HPX, Hitachi Payment Services strives to innovate, collaborate and deliver superior payment experiences for merchants and customers. With the startup community’s expertise, we will introduce cutting edge solutions to our stakeholders. With HPX, we will unite evolving technologies, new-age entrepreneurs, and visionaries to implement innovative ideas that drive meaningful change in the payments landscape.”

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