12/04/2023
Qatar Islamic Bank adds carbon emissions trackers to mobile app
The Carbon Emission Tracker feature underscores QIB's leadership in digital banking
Retail Banking
12/01/2023
Mexipay signs with ACI Worldwide
Mexipay will complement the current real-time capabilities in the country with new innovative payment services and an unbeatable time to market.
11/30/2023
N26 eyes profitability in 2024
In preliminary results, the firm says it expects a net loss of €100 million for 2023, on revenues of over €300 million, a 30% rise on the previous year.
11/30/2023
Mastercard joins $65m funding round for Paysend
This significant investment is a testament to the strength of Paysend's vision
11/30/2023
Robinhood launches in the UK
This is the third time the US-based trading app has tried to bring its product to the UK
11/30/2023
Visa joins €8.5 million funding round in Enfuce
The latest investment is designed to set the firm up for its next phase of growth
11/30/2023
Swift connects instant payment systems to bring 24/7 processing across borders
OCT Inst is seen by financial institutions as an opportunity to leverage the benefits of domestic instant payment systems globally, while using existing rails.
11/30/2023
Qred expands to Germany
Qred's savings accounts for individuals are now available through Raisin Bank on the German platform Weltsparen and have generated deposits of over SEK 500 million in October.
11/29/2023
Financial services best for commercial VRPs adoption
Who is going to adopt commercial variable recurring payments (VRPs) is one of the most lucrative questions to help unlock the chapter of open banking payments.
11/29/2023
Stripe picks Everlink for host-to-host Interac debit processing services
Stripe will leverage Everlink's Direct Connector status into the Interac Inter-Member Network
11/28/2023
Lendable upgrades credit card to variable recurring payments via TrueLayer partnership
Long seen as transformative for the payments space, VRPs are finally being rolled out to credit cards.
11/28/2023
PayTabs Enters the Prepaid Card Market with New Issuance Platform
The move comes as the company aims to tap into the global cards market, which was valued at $524.9billion in 2022 and is also projected to reach $1.2trillion by 2032.
11/28/2023
Klarna targets $1 trillion travel sector with Cathay Pacific tie-up
The agreement is the latest in a series of travel tie-ups for Klarna as the company aims to further expand into the travel sector.
11/28/2023
EPC One-Leg Out Instant Credit Transfer (OCT Inst) payment scheme goes live
Under the OCT Inst scheme, PSPs in SEPA can process incoming and outgoing international credit transfers
11/27/2023
Open Banking's impact on ethical lending
An in-depth exploration into how open banking is a catalyst for the evolution in the lending industry. Explore how Yapily’s open banking infrastructure is transforming affordability, customer resilience, and financial support.
11/27/2023
Mashreq Sustainability-Linked Loan Aims to Address ‘Water Scarcity’ and Train Talent in Jordan
Another aim of Classic Fashion is to improve employee engagement and capacity-building.
11/24/2023
ID Finance secures landmark €12m credit line to boost Spain’s consumer lending
ID Finance’s journey to this point has been marked by impressive financial achievements.
11/24/2023
Funding Circle and Atom Bank agree new £150m lending partnership
The bank will use Funding Circle’s technology and distribution platform to deliver the funds to UK businesses and deploy capital.
11/23/2023
Future of Payments Review calls for open banking legislation and reform
The review sets out recommendations to bolster open banking to keep the UK at the forefront of payments technology
11/23/2023
Ebury strikes fintech deal with PSV Eindhoven
Ebury, a global financial service provider with 40 offices spanning 25 countries, offers solutions and services to enable global businesses to trade and grow internationally.