03/14/2023
NETS’ Merchants Can Now Accept Mastercard and Visa Payments on Their Terminals
Most existing merchants who already accept NETS can add on Mastercard and Visa as payment options without needing to upgrade their payment terminals.
Retail Banking
03/14/2023
UAE's Astra Tech scores Mastercard principal membership
Additionally, Astra is licensed to act as an acquirer, leveraging Mastercard's suite of products, including Payment Gateway, Tap on Phone, and Fraud & Cyber Security.
03/14/2023
Bank of Africa UK migrates to Oracle Cloud Infrastructure
Our applications running on OCI benefit from a flexible platform that enables us to adapt and scale critical services at speed
03/13/2023
DTB and Mastercard Join Forces to Empower Fintechs with Payment Cards in Kenya
The Bank has also received approval from the Central Bank of Kenya to offer cards-as-a-service using its regulatory licence to tech-enabled approved partners.
03/10/2023
Zywa and Mastercard Join Forces to Empower Gen Z in the UAE
The payments app also provides oversight on their spending and saving habits, to help them build their financial literacy.
03/10/2023
Worldine opens Metaverse shopping mall
Optional add-on packages provide targeted advertising and augmented reality.
03/08/2023
BNPL platform Affirm quits Australia
The company rode the BNPL wave to an IPO in 2021 and has since secured deals with blue chip players including Amazon and Target.
03/08/2023
Mercedes-Benz drivers can now pay for services by onboard fingerprint sensor
Payment from the car by fingerprint will be extended to other services such as fuelling as well as to other European markets later this year.
03/08/2023
Weavr weaves in B2B open banking platform Comma
The deal will see Weavr retain most of Comma's workforce and give small businesses easier access to open banking.
03/07/2023
Mastercard Supports Bahrain Banking Group With a Range of Services
Mastercard also has plans to support AUB in launching value-added services to enhance and differentiate AUB’s card propositions.
03/06/2023
Belvo Open Finance Solution Builds on Brazil’s Pix Offering for Smoother Payments
With this open finance payment solution, users can initiate Pix payments directly inside third-party environments with less friction than traditional Pix methods, such as QR Codes or Pix Copy Paste.
03/06/2023
FOMO Pay Now a Member of Singapore Clearing House Association
It comprises MAS and the commercial banks in Singapore that wish to become members.
03/06/2023
Mastercard partners with Google to bring Google Pay to Kuwait
Fueling efforts to accelerate the adoption of high-security digital payments, the launch aligns with the Kuwait Vision 2035 “New Kuwait” and the country’s ongoing digital transformation journey.
03/03/2023
Innovate Finance calls for expanded open banking to help with cost-of-living crisis
The report also calls for a cap on fees charged to release consumers’ financial data for open banking e-commerce payments
03/03/2023
Starling picks site for new Manchester office
Manchester has also been chosen by the new Centre for Finance, Innovation and Technology (CFIT) to house a financial innovation hub that will drive the government’s ambitions to make the UK a technology and science superpower.
03/02/2023
BIS invites comments on ISO 20022 harmonisation proposals
The ISO 20022 format is being introduced to adress these inefficencies, although its viability as a solution may be undermined by different interpretation of the specification in individual markets.
03/02/2023
Bank of Ireland to hire 100 new tech staff
The Bank processed 366 million contactless transactions, up 41% since 2021. Over 90% of everyday product applications are now digitised.
03/02/2023
Modern Treasury takes on Swift with Global ACH
Payments are in the midst of a massive transformation, and it's critical that we support our customers with an international footprint
03/01/2023
Revolut finally reveals 2021 accounts showing first annual profits
Revenues became increasingly diversified for Revolut in 2021, tripling to £636m compared with 2020.
03/01/2023
Mia-FinTech rolls out Payment Integration Hub
Businesses will be able to offer their customers the opportunity to choose their preferred payment method at the checkout for a better user experience, while a back office application will ensure that every single transaction is monitored in real time.