Managers of Wealth Fintech

Revolut prioritises financial inclusion in expansion into LATAM

Current users in Chile have transferred £1.2 million, with an average transaction amount of £800.

US credit card fintech Petal secures $200m debt facility

VPC is a strong supporter of Petal’s mission to make responsible, modern financial services available to everyone

Making Good on the Promise of Open Banking Requires Technology and Solid Execution

Globally, the open banking market is expected to grow to $43 billion by 2026 from its value of $7 billion in 2018.

Tabit and Jifiti team on embedded lending proposition for Canadian B2B

The solution is powered by Jifiti’s robust embedded lending platform and white-labeled for the merchant.

Mobile wallet top-ups decline by just over $31 million

The regulator further noted that as a result, person-to-person (P2P) transactions contracted by 20.2 percent compared to the same period in 2022.

Banking scam — international crime syndicate targets South Africans using smartphones

The banking ombud, Reana Steyn, has sounded an alert after her office recently received about 124 near-field communication (NFC) fraud-related complaints.

PLS selects Green Dot for emebedded finance

PLS’ ability to offer customers a full range of both traditional and alterative financial services in a single outing provides substantial value to its customers.

First Federal Savings & Loan of San Rafael signs with Bankjoy

The bank plans to implement Bankjoy’s newly enhanced Online Account Opening solution, which will enable a fully automated, secure and streamlined onboarding experience for new customers while helping First Federal grow deposits.

Apple Card Savings reaches $10bn in deposits

The tech giant’s 4.15 per cent savings account in partnership with Goldman Sachs has boomed over the past four months.

Flutterwave Enhances Send App With US and Canada Remittance Support

The app has also added Egypt and Senegal as the newest recipient countries in its network.

Skipify and AmEx partner to ease checkout process

The firm says that customers benefit from not needing to manually enter their payment and billing details

CMC Markets rolls out TrueLayer payments in the UK and Europe

With TrueLayer payments, customer details are also instantly pre-populated and have strong customer authentication (SCA) built in, further reducing friction and the risk of fraud.

KIB launches all-new state-of-the-art corporate online banking platform

customers can tailor their Corporate Online Banking experience to match their role within their organization

European Depositary Bank appointed by Aarna Capital to deliver Digital Banking solutions

Clients such as Aarna Capital can open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated money market sweeps from a single online dashboard.

Plaid to Introduce Instant Payouts with FedNow Support, in Collaboration with Cross River Bank

Cross River will be among the first bank partners to offer support for Plaid’s real-time payment solutions

The collapse of SVB: four months on with Intellias’ Musiy

Further collapses in Europe, notably Switzerland’s Credit Suisse, suggested fragility in the banking economy’s health was global.

PSD3 will bring fairness to payments

There has been little-to-no significant innovation since Visa and Mastercard first introduced

Amazon rolls out palm payment tech to 500+ Whole Food Market stores

They can then complete the enrollment process in seconds by scanning their palm over an Amazon One device the next time they visit a participating store.

GXS Bank Expands Access to Savings Account, Raises Deposit Cap to S$75,000

The GXS Savings Account aims to encourage better saving habits with a feature that allows customers to allocate funds into different Saving Pockets for their savings goals.

Ecolytiq joins Mambu marketplace

The partnership will offer financial service providers more options to engage with sustainable banking.

Mobile Banking