10/12/2023
Japan's interbank payments network goes down, hitting 1.4 million money transfers
The Zengin platform at its peak processes 6.5 million transactions worth $81 billion every day.
Retail Banking
10/12/2023
Instant payment fintech Lopay secures £6m to rival SumUp
Boasting instant payments and lower processing fees, the startup says it expects to process £500m in card payments in the next 12 months
10/12/2023
Fibe and Axis Bank partner to launch India’s first numberless credit card
This pioneering collaboration aims to cater to the tech-savvy Gen Z population and enhance the security and convenience of digital payments.
10/12/2023
NatWest enrolls debit cards in Mastercard's Click to Pay
NatWest has worked with Mastercard to register customer profiles and debit cards for Click to Pay, with the service coming to credit cards in the coming months.
10/11/2023
Pleo launches overdrafts to help business spend management
The fintech is also launching ‘Vendor’ cards to simplify digital payments as it moves towards becoming a holistic business finance platform
10/11/2023
Digiseq and Unlimit bring wearable payments to Rugby World Cup
Digiseq's innovative use of wearable tech is opening the gateway to countless exciting and immersive experiences for millions of sports fans
10/10/2023
Temenos Leads Evolution in Correspondent Banking as Banks Seek to Modernize Cross-Border Payments in the Cloud
Temenos solution supports the rapid addition of new payment rails and payment types, helping banks to stay ahead of market changes and grow profitable cross-border payment services
10/10/2023
Kenyan BNPL player EDOMx taps finbots.ai for credit risk management
EDOMx selected finbotsAI after an extensive evaluation of the solution.
10/10/2023
Revolut 10 launches to help customers use Revolut as a primary account
Plus a refreshed logo and visual identity for the company which now has 35 million customers
10/10/2023
Quant develops central bank-grade key management solution for blockchain transactions
Banks traditionally use key management systems that are unsuitable for blockchain, and connecting these systems to blockchain would be a huge task.
10/10/2023
TrueLayer hits one million variable recurring payments per month
Just a few months ago, the open banking payments network had processed one million VRP transactions in total since launching the feature
10/09/2023
The Payments Association Advocates for Enhanced Innovation and Collaboration in new Manifesto
The manifesto also aims to ensure that the UK successfully strikes the right balance between fostering innovation, encouraging competition and protecting consumers.
10/09/2023
Lloyds Bank Delivers Paperless Guarantee Initiative to Support UK Businesses Clients
It also enables instant delivery to recipients while reducing their carbon footprint.
10/09/2023
Ikano Bank partners with Qlik Cloud to drive digital transformation
The partnership with Qlik has led to a significant increase in the use of data and analytics across Ikano Bank.
10/09/2023
How Mastercard invests in domestic and cross-border payments
MacMullin is constantly evaluating the experiences he receives as a user, and applying those learnings to his role leading the product and platform development for the company’s operations in Canada.
10/09/2023
Future-Proof Banking: Surviving in a World of Digital Ecosystems
Banking institutions that want to stay relevant must transition quickly to a digital ecosystem perspective regarding what banking will be going forward.
10/06/2023
NatWest launches new transaction categorisation service
NatWest has launched a new transaction categorisation service called Enriched Transactions.
10/05/2023
Western Union enables international transfers for Morocco earthquake victims
Zero transfer fees to Morocco applies to money sent from Western Union services across its global network
10/05/2023
Payment expert Numeral publishes new guide to democratise fintechs access to UK payment systems Bacs and FPS
Any fintech addressing the UK market needs to support Bacs and FPS payments.
10/05/2023
Tietoevry partners with the Maldives Monetary Authority
The infrastructure is also set to lay the foundation for expedited fintech innovation in the region and open the potential for cross-border transactions.