Managers of Wealth Fintech

Alchemy Pay invests in LaPay UK

With its current collection of 6 regulatory licenses spanning 4 continents, by 2024, Alchemy Pay aims to apply and secure over 20 licenses, solidifying its extensive presence worldwide.

EU banks worried about 'unrealistic' instant payment deadlines

The majority of the surveyed banks (76%) also anticipate an increase in their IT budgets in order to meet the new SEPA rules with the average increase amounting to between €1 and €3m per bank.

TreviPay launches new financing option & payment application features

The option to use self-financing (an enterprise uses their capital to fund and support

SWIFT Planning Launch of new CBDC Platform Within two Years

It is expected that SWIFT’s network will launch as and when the first major CBDC currencies are released to the market.

Clip Money Expands Cash Management Suite Through ClipChange

Fintech establishes new solution which enhances modern cash management through the delivery of coins and small banknotes directly to businesses

Mastercard & Zenith Bank introduce new payment cards in Nigeria

This collaboration represents a significant milestone as Mastercard introduces its first domestic card in Africa

Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

The card has no annual or foreign transaction fees.

Visa and Mastercard reach $30bn interchange fee settlement with merchants

In 2012, Visa and Mastercard agreeing to pay up $7.25 billion to retailers over claims they had improperly fixed credit and debit fees.

Bulgaria’s Paynetics acquires UK neobank Novus

Paynetics says the deal will enable the firm to “enhance further such offerings while expanding the environmental, social, and governance (ESG) ecosystem across Europe

71% of Australians Concerned About Shift to Cashless, 42% Expect ‘Cash Nostalgia’, Finds Waave

Research conducted by YouGov in February 2024 revealed that 63 per cent of Australians believe that going cashless will exclude certain population groups and exacerbate economic inequality.

Intellicheck CEO: Digital Banking’s Future Will Be Defined by Security

This convenience factor has played a crucial role in the widespread adoption of digital banking services

CASHIN KSA Partners With Fils to Help Saudi Arabian Merchants Track Environmental Impact

This partnership represents a significant milestone for Fils, which, following its successful ventures with other market leaders in the region, is now expanding its footprint in Saudi Arabia.

ING Partners With Mastercard for Enhanced Shopping CX

Customers are provided with the solution to easily enrol with Click to Pay via the ING app and will have access to Mastercard’s service wherever the Click to Pay logo appears at participating online merchants.

Harmony Bank selects Baker Hill NextGen

Our merger was the catalyst that led us to consider a new loan origination system.

Fils inks deal with Saudi Arabia's Cashin KSA

Through this collaboration, merchants will gain the ability to accurately track their environmental impact, mitigate their carbon footprint with high-quality carbon credits, and transparently report their progress.

Digital Wallets Are Popular in the UK While Demand for A2A Payments to Be Desired Finds WorldPay

Digital wallets emerged in the late 1990s

BofA rolls five apps into one

The app has received a thumbs up from Celent

Nationwide customers hit by payment delays

However, many customers were left unimpressed by the update.

GCash goes international with 16 countries

In partnership with Alipay+, GCash users can now pay to any of the 3 million Alipay+ merchants in these countries/territories.

UK set for soaring digital wallet adoption

Credit and debit card usage outside of digital wallets continues to be strong, accounting for 46% of e-commerce and 74% of POS transaction value in 2023.

Retail Banking