Managers of Wealth Fintech

India's UPI comes to Nepal

Launched in 2016, the UPI has been central to India's efforts to use digital payments to boost financial inclusion and has now handled well over 100 billion transactions.

Visa & Western Union Collaborate for Cross-Border Transfers

The agreement between Western Union and Visa encompasses card issuance, Western Union’s integration with Visa Direct and additional value-added services such as risk products.

NatWest ditches BNPL

NatWest jumped on the BNPL train in 2022, one of several banks moving into a sector that has been dominated by dedicated providers such as Klarna and Afterpay.

DailyPay connects to Visa+

This empowers the DailyPay user to pay bills, spend, invest, or move money to friends/family on their own schedule.

PayPal Targets Abandoned Checkouts With ‘Complete Payments’ Launch

Small businesses face a wide range of challenges

AlexBank to grow credit card base with new digital tools from Mastercard

The partnership leverages Mastercard’s technologies to advance the bank’s payment solutions strategy and enhance the financial services landscape.

Checkbook and Visa Join Forces to ‘Streamline Global Money Movement’ and Quickly Disburse Funds

The collaboration builds on Visa and Checkbook’s incremental collaboration with Checkbook having participated in the Visa FastTrack programme in 2021 and their Virtual Card programme enabled by Visa.

Paytm Business Bank fined on money laundering charges

The fine comes as Paytm Payments Bank finds itself under scrutiny from the Reserve Bank of India.

OTP Bank partners Iliad Solutions for payments testing platform

To achieve its desired level of payment enhancement, OTP is to leverage its new partner’s browser-based payments testing and certification platform, t3.

Virtual bank applications to open in March

Central bank eager to start the process

Security and Reasonableness of Terms Are Key Factors for Greater BNPL Satisfaction

BNPL brand reputations rise and loyalty starts to emerge

Fiserv looks to buy Shift4 Payments

Shift4, processes over $200 billion worth of annual transactions for more than 200,000 merchants, including restaurants and hotels.

Experian consumer credit reports to include Apple Pay Later information

They argue this will lead to lenders being able to make more informed decisions on whether to extend credit offers.

Buckaroo wins merchant services deal with ABN Amro

This partnership is supported by Keensight Capital, one of the leading private equity managers dedicated to pan European Growth Buyout investments.

American Express Launches ‘Plan It’, Enabling Cardmember to Pay Off Purchases in Instalments

Cardholders can set up the instalment plans via the American Express app, or in their online account.

The Value of Embracing AI in Payments

Recent developments in the technology are seeing a growth in investment in AI

Canadian paytech Helcim completes $20m Series B funding round

The recent cash injection will be used to fuel Helcim’s product development

European Council Rolls Out Instant Payments Regulations, Eyeing EU Single Market for Capital

Improving the possibilities to mobilise cash-flows will also bring benefits for citizens and companies and enable for innovative added value services.

Klarna preps for IPO after narrowing losses

Sebastian Siemiatkowski, CEO of Klarna, says the firm made a conscious decision to invest in growth in the peak shopping season of Q4 as it continues its quest for annual profitability.

American Express adds BNPL twist to credit card bills

Once activated, charges against the plan are automatically included in the ‘minimum due’ payment each month.

Retail Banking