fintech
Argentex Expands Global Reach with AFSL for Currency Risk Management
- The firm expands to offer tailored currency risk solutions to Australian wholesale clients.
- The ASIC-granted AFSL allows managing currency volatility while operating as a remittance provider registered with AUSTRAC.
Thursday, 23/05/2024 | 09:40 GMT by
Tareq Sikder
BaFin Imposes 9.2 Million EUR Fine on N26 for 2022 Compliance Lapses
- The firm faces a fine for reporting failures but has improved its anti-money laundering processes.
- It prepared for a potential fine by setting aside provisions in its 2022 financial statements.
Tuesday, 21/05/2024 | 11:43 GMT by
Tareq Sikder
TerraPay and barq Set the Stage for Swift and Secure Cross-Border Transfers
- This collaboration leverages TerraPay's payments network and supports barq's expansion.
- barq, authorized by the Saudi Central Bank, seeks to impact the fintech sector in Saudi Arabia.
Thursday, 16/05/2024 | 08:45 GMT by
Tareq Sikder
Visa Partners with Worldline on Virtual Card Solution for Travel Agencies
- By 2028, Travel and Tourism are forecasted to dominate online sales, constituting 76% of the total.
- The entire travel industry is anticipated to achieve a volume of USD 1.74 trillion by 2026.
Tuesday, 14/05/2024 | 16:38 GMT by
Tareq Sikder
Cross-Border Banking: Wirex Teams Up with OpenPayd for Virtual IBAN
- Wirex customers in over 30 countries can conduct real-time transfers using OpenPayd's infrastructure.
- The users will receive unique IBANs, facilitating swift transfers to traditional bank accounts.
Tuesday, 14/05/2024 | 08:22 GMT by
Tareq Sikder
American Express and Worldpay Forge Agreement to Empower Small Business
- In the last three years, the UK has seen a notable 46% rise in the acceptance of American Express cards.
- The new agreement enhances operations for Worldpay and merchants, offering simplified processes and centralized support.
Monday, 13/05/2024 | 15:40 GMT by
Tareq Sikder
Adyen and Cover Genius Enhance Payment Security in Insurtech Collaboration
- The collaboration aims to enhance authorization rates by leveraging 3D Secure.
- It aims to bolster payment processing capabilities across continents, spanning the Americas, Europe, and the Asia-Pacific.
Thursday, 09/05/2024 | 13:33 GMT by
Tareq Sikder
“60% of Clients Don't Trust Financial Institutions”: Fintech's Customer-Centric Shift
- A survey reveals 36% of participants have chosen 'Reputation and Track Record' as a significant influencer of trust.
- Fintech firms use data analytics and AI to tailor services, cultivating loyalty through personalized experiences.
Thursday, 09/05/2024 | 10:50 GMT by
Pini Yakuel
Mastercard NetsUnion JV Launches in China for Global Payment Connectivity
- Mastercard is the second foreign bank card clearing institution to enter China following American Express.
- The partnership processes payments in China and accepts Mastercard for both local and global transactions.
Thursday, 09/05/2024 | 09:38 GMT by
Tareq Sikder
The Future of Fintech Summits
- The future of fintech summits is promising, with innovation providing an avenue for growth
Tuesday, 07/05/2024 | 13:10 GMT by
Jeff Patterson
Mastercard and I&M Extend Alliance Enhancing Cardholder Value in Kenya
- The 5-year collaboration benefited customers, businesses, and the economy through technology and a local network.
- Cardholders will get advanced safety controls within mobile and Internet banking applications.
Monday, 06/05/2024 | 16:57 GMT by
Tareq Sikder
Fintech's Fight Against Oversight in the Age of Frictionless Finance
- Is regulation stifling innovation?
Friday, 03/05/2024 | 16:00 GMT by
Pedro Ferreira
Worldpay Rolls Out Tap to Pay on iPhone for Simplifying Payments
- Fullsteam and Autobooks have collaborated with Worldpay to introduce Tap to Pay for merchants.
- The feature accepts contactless payments, including digital wallets and cards, without extra hardware.
Friday, 03/05/2024 | 15:48 GMT by
Tareq Sikder
Mastercard and Checkout.com Collaborate to Transform Online Travel Payment
- The partnership simplifies payment processes for OTAs, fostering relationships in the travel industry.
- The collaboration introduces virtual cards, leading to higher conversion rates for customers.
Thursday, 02/05/2024 | 09:06 GMT by
Tareq Sikder
Mastercard Teams Up with SingleView for Data-Driven Innovation
- The alliance aligns with Saudi Arabia's Vision 2030, driving digital transformation.
- By combining Mastercard's tech prowess with SingleView's offerings, the partnership seeks to facilitate enterprises.
Wednesday, 01/05/2024 | 14:41 GMT by
Tareq Sikder
Nium and Borderless AI Forge Partnership for Cross-Border Payments in EOR
- Borderless AI utilizes Nium’s platform to transfer funds, facilitating global financial management across 190+ countries.
- As part of this partnership, Borderless AI has announced the appointment of Chief Payments Officer and Chief Product Officer.
Wednesday, 01/05/2024 | 14:01 GMT by
Tareq Sikder
Swift and Veritran Team Up to Boost Cross-Border Payment Efficiency
- The collaboration aims to minimize friction, improve customer experience, and ensure compliance with regulations.
- Users will have access to real-time tracking, pre-validation services, and streamlined operational processes.
Tuesday, 30/04/2024 | 14:47 GMT by
Tareq Sikder
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