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Retail Banking

12/24/2024

Central Bank of Brazil Approves PayRetailers Acquisition of Transfeera

It says this would strengthen the company’s regulatory and risk management structure in Brazil, and expand its opportunities in open banking.

12/23/2024

Paymob enables Apple Pay acceptance for its merchants in Egypt

Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code.

12/23/2024

Mastercard Completes Acquisition of Recorded Future in US$2.65 Billion Deal

Recorded Future’s technology is expected to help improve AI models and provide actionable insights for smarter threat detection and response

12/21/2024

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

This collaboration marks the start of two industry giants driving innovation, increasing convenience for consumers, and fostering the adoption of digital payments across Africa.

12/21/2024

Alipay+ now has 35 international payment partners

Alipay+ now has 35 international payment partners, serving more global travellers and connecting them to more than 90 million merchants in 66 markets.

12/18/2024

FinTech Two and ABN AMRO partner to modernise B2B Payments

Businesses can now offer 30-day net terms on purchases at the click of a button, enabling better cash flow management and financial flexibility.

12/18/2024

B2B digital payments plaer KEO World expands to Brazil

Through a partnership agreement with BTG Pactual Bank S.A., the largest investment bank in Latin America, KEO World will expand its operations in the Brazilian market.

12/18/2024

Mastercard reveals top Open Banking use cases among businesses, consumers

Mastercard found that 91% believe their firm’s use of Open Banking will grow in the coming five years

12/17/2024

Tranglo enters ten new African countries

At launch, all new markets will support e-wallet transactions between individuals.

12/16/2024

BOV launches SEPA instant payments

Funds are transferred and made available in the recipient’s account in under 10 seconds

12/16/2024

Why financial technology can make global payments a frictionless process

As banks use this technology called correspondent banking network which comes from the fact that not every bank is connected to every other bank in the world so it’s a kind of a chain network in a way.

12/13/2024

Vietnam and Cambodia Launch Cross-Border QR Payment Linkage

Vietnamese and Cambodian visitors can now use their domestic currencies for payments at various merchants in each other's country

12/13/2024

Digital identity in retail banking

Digital identity involves data that uniquely identifies an individual person who is online.

12/13/2024

Visa Direct to deliver faster bank transfers in a minute or less

Visa Direct reaches 99% of bank accounts in the US, and over 11 billion endpoints including cards, accounts and digital wallets around the world.

12/12/2024

ABN Amro pilots 'Pay Later' feature for B2B transactions

ABN Amro is launching a 'Pay Later' debtor management pilot for business clients with the aim of securing trust in online B2B transactions.

12/12/2024

Visa partners with Saudi Awwal Bank and Monsha'at for third edition of She's Next

To empower women fashion entrepreneurs

12/12/2024

Apple Pay Launches in Egypt with Three Partner Banks

This development is expected to simplify digital transactions for millions of users in the country.

12/12/2024

Saga joins Salt Edge to enable Serbian banks with Open Banking regulations

This collaboration follows Salt Edge’s recent expansion into the Republic of Serbia.

12/12/2024

TD Bank upgrades retail card business with Backbase Engagement Banking platform

The bank is the latest in a growing list of global financial institutions

12/12/2024

GoTyme Bank To Reach 5.3 Million Customers by the End of 2024

The bank also plans to expand its services further with cryptocurrency offering in mind, and aims for more profitability by the end of 2025.

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