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Payments
EazyPay and Tabby Forge Alliance for Retail Transactions in Bahrain
2024-03-18T19:02:08.792+02:00
Merchants with EazyPay POS systems can offer Tabby's 'Pay in 4' to customers.
This service lets customers split purchases into four interest-free payments at checkout.
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Payments
India's Paytm Secures Approval for Consumer Digital Payments Platform
2024-03-15T14:10:33.660+02:00
The banking partners will enable peer-to-peer transactions and UPI payments.
Before, the firm operated under a license linked to its affiliate, Paytm Payments Bank.
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Payments
SAP Unveils Multipurpose Commerce Cloud Framework for Retail Payments
2024-03-15T10:53:01.059+02:00
Commerce Cloud integrates with third-party payment providers, enhancing retailer flexibility.
The Open Payment Framework enables a flexible payments system with its no-code, low-code approach.
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Retail FX
lemon.markets Teams Up with Banking Giants to Launch Brokerage-as-a-Service
2024-03-14T11:59:26.297+02:00
Berlin FinTech starts a new platform with BNPP and Deutsche Bank support.
In January, lemon.markets received a BaFin license to offer white-label brokerage solutions.
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FinTech
Apex Fintech Solutions Acquires AdvisorArch for Streamlined Portfolio Management
2024-03-12T15:00:00.000+02:00
The acquisition brings automated rebalancing and portfolio management solutions to Apex.
In addition, It enhances Apex's RIA platform with advice tools for wealth management.
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Stripe Drives Transformation in Car Rental Payments with Hertz Collaboration
2024-03-08T11:57:12.344+02:00
The partnership consolidates the most in-person and online payments on Stripe's platform.
The integration of Hertz, Dollar, and Thrifty platforms optimizes online reservations.
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Mastercard and FAB Unveil Partnership to Reshape EEMEA Payments Landscape
2024-03-07T12:48:49.928+02:00
The partnership aims to enhance customer experience and efficiency using AI technology.
The collaboration aims to advance in key markets including the UAE, Saudi Arabia, Oman, and Egypt.
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The Kingdom Bank Scores Partnership with West Ham United
2024-03-06T12:40:09.402+02:00
The multi-season agreement signals collaboration between the bank and the Club in the Eastern Caribbean.
It offers customers to win matchday packages, including flights to London and signed merchandise.
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FinTech
Revolut Warns London’s Fintech Hub Status at Risk amid Rising Global Competition
2024-03-06T10:59:28.406+02:00
The company's new UK boss advocates for pro-startup policies.
Investment in the UK fintech drops 63%, but Revolut considers London for IPO despite challenges.
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FinTech
Currencycloud Teams Up with TangoPay to Revamp Remittance Services
2024-02-29T17:17:35.710+02:00
The collaboration encompasses faster transactions, reduced fees, and real-time exchange rates.
Currencycloud's APIs help TangoPay streamline remittance transactions.
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Payments
Nium Becomes First Global Fintech to Penetrate Japan's Walled Garden
2024-02-29T11:37:46.623+02:00
Singapore's Nium got Japan's first global fintech license for large financial transactions.
The new license allows up to 50M JPY transfers, promising faster, cheaper payments.
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Mastercard and Loop Forge Alliance for Digital Payments in Saudi Arabia
2024-02-29T11:13:39.996+02:00
Loop will enhance its offerings with Mastercard's technology and expertise.
Recently, Mastercard launched a global initiative to enhance opportunities for small business owners.
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FinTech
FCA Grants UK EMI Licence to Volt for Global Payment Expansion
2024-02-29T11:00:00.000+02:00
The license advances Connect, issuing virtual accounts for account-to-account payments.
Research found that 50% of UK businesses struggle with payment processing control and visibility.
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Revolut Launches Mobile Wallets in Singapore for Direct Transfers
2024-02-28T13:37:09.336+02:00
Mobile Wallets streamline transfers without traditional bank details like IBANs or SWIFT codes.
Standard users will incur a 0.4% fee for remittances to Kenya and Bangladesh.
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Payments
Fostering Collaboration: The Role of Data-Sharing in Financial Institutions
2024-02-27T18:00:03.949+02:00
Rethinking collaboration in financial services.
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FinTech
Embedded Finance for Institutions: Transforming Banking Apps into Financial Hubs
2024-02-27T11:00:00.000+02:00
What's next for banking apps?
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FinTech
United Fintech Nets Key Investments from BNP Paribas, Citigroup
2024-02-27T09:46:17.427+02:00
The fintech company gets its first strategic investments from institutional investors.
However, United Fintech hints that it is not the last collaboration in the near future.
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Google Phases Out Google Pay in Favor of Google Wallet for US Users
2024-02-27T08:53:21.175+02:00
The standalone Google Pay app in the US will be unusable from June 4th this year.
Users in India and Singapore are assured that the app will remain unchanged.
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MasterCard and KCB Bank Forge Alliance to Enhance Payment Systems across East Africa
2024-02-26T13:39:28.276+02:00
The collaboration aims to enhance cardholder experiences across Kenya, Rwanda, Burundi, South Sudan, Tanzania, and Uganda.
It facilitates e-commerce payments, cross-border remittances, QR, and Tap on phone solutions.
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Finnish Neobank Saldo Launches Operations in Sweden
2024-02-26T12:23:59.025+02:00
The bank targets the market with up to 5% interest rates on one-year fixed-term accounts.
Fixed-term deposits up to SEK 900,000 are insured under deposit insurance.
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Payments
Nubank Sets Sights on Becoming Latin America's Largest Fintech
2024-02-26T09:57:50.304+02:00
Nubank achieved $1 Billion net profit, marking a significant turnaround from previous years.
The company's customer base reached nearly 94 million across Brazil, Mexico, and Colombia.
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Ebury and Nium Forge Partnership for Cross-Border Payments in Brazil
2024-02-22T16:43:18.933+02:00
Nium's payment network facilitates payouts in over 100 currencies to more than 190 countries.
Ebury utilizes Nium's infrastructure in Europe for payments.
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Automated Investing: Revolut Introduces Robo-Advisor Services in the EEA
2024-02-22T15:52:58.526+02:00
With a 100 Euro minimum investment, Revolut is expanding investing opportunity.
Clients customize their investment parameters for the Robo-Advisor to construct a tailored portfolio.
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Adapting Payment Systems for an Aging Population
2024-02-22T11:00:05.087+02:00
Fostering a financial landscape that empowers every individual, regardless of age.
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FinTech
Ethical Spending: Fintech's Revolutionary Impact on Consumer Choices
2024-02-22T11:00:04.196+02:00
Understanding the fusion of fintech and conscious consumerism.
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