fintech
Broadridge Expands Digital Distribution with AdvisorTarget Acquisition
- AdvisorTarget's data will enhance Broadridge's market intelligence for asset managers.
- DC Advisory advised Broadridge, while Broadhaven Capital Partners advised AdvisorTarget in the acquisition.
Thursday, 30/05/2024 | 13:32 GMT by
Tareq Sikder
USDC Issuer Circle Announces Entry into Brazil's Fintech Sector
- Partnership with BTG Pactual and Nubank aims to provide access to USDC for Brazilian users.
- Brazil's growing fintech sector, fuelled by initiatives like Pix, presents a favorable market.
Wednesday, 29/05/2024 | 11:31 GMT by
Tareq Sikder
Revolut Enhances International Transfers with African Mobile Wallets
- The international transfer feature has included 14 new payment corridors in nine African countries.
- The feature now supports three digital wallets: Airtel Money, Orange Money, and MTN.
Tuesday, 28/05/2024 | 09:22 GMT by
Tareq Sikder
DNA Payments and SUNMI Join Forces to Enhance UK Card Payments
- The partnership offers payment solutions with SUNMI's Android POS devices and DNA Payments' axept PRO software.
- With enhanced memory, faster processors, and Android OS, card payment devices offer versatility for multiple applications.
Monday, 27/05/2024 | 16:10 GMT by
Tareq Sikder
Mastercard Joins Hands with Access Bank for Cross-Border Payments in Africa
- Cross-border remittances are vital for Africa, with a projected 2.5% growth expected in 2024.
- Customers can now send and receive payments through various channels, including bank accounts, mobile wallets, cards, and cash.
Friday, 24/05/2024 | 10:34 GMT by
Tareq Sikder
Square Taps into the Canadian Market with iPhone Payment Feature Launch
- The feature is included in iOS apps like Point of Sale, Retail, and Appointments.
- Sellers open the app, add the transaction, and buyers complete payment by tapping their contactless method.
Thursday, 23/05/2024 | 16:15 GMT by
Tareq Sikder
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
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