10/03/2022
Traditional Lending Models Not Fit For Purpose, Warns Open Banking Platform
It suggests some people who can afford credit are being excluded because of outdated and blinkered credit scoring models.
Mobile Banking
09/30/2022
Tribe Payments supports Paytend with issuer and acquirer processing services
Due to holding issuer and acquirer licences, Paytend was keen to work with a single partner that supported both sides of the transaction with an API-led and cloud-based technology platform.
09/29/2022
Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years
Central to a bank’s tech operating model, core platforms are a major source of organisational spend.
09/28/2022
Open banking app Sync. goes into administration
The app had raised a significant amount of capital and once had its sights set on European expansion and a Series A.
09/28/2022
Banking app for “global citizens” Bankkit launches in UK
Bankkit also claims to offer a feature “which no UK bank has” – the “easy payment” of overseas utility bills and non-utility bill payments.
09/26/2022
Punks, Apes, & Goblins - hi launches NFT customisable card
The hi debit card can be used to spend fiat, stablecoins and other crypto at any Mastercard merchant worldwide, offering between one and ten per cent cashback.
09/26/2022
Payment Innovations Remain Apple’s Top Fintech Priority
Although Apple has been exploring products such as credit cards, BNPL and checking accounts, it appears that payments still remain the firm’s top priority at this point in time.
09/23/2022
Telcos can now apply for licences to operate 5G mobile services
Once the tenders have been evaluated the Authority will make recommendations for awarding licences for up to three applicants.
09/23/2022
Flutterwave enables Google Pay for African businesses
Google Pay is a safe, simple, and helpful way to make contactless payments in store, and also payments in apps and on the web.
09/22/2022
Why are government and regulators uneasy about fintech's rise?
Rise of the fintech sector is posing a two-fold challenge before regulators and the govt: To turn India into a fintech superpower while ensuring consumer safety by firms.
09/20/2022
Bank CIC launches digital platform
A digital service for the new Swiss bank.
09/20/2022
Maslife partners Thames Technology to deliver cards for customers
The payment cards will be offered as both eco-friendly PVC card and premium metal card options, providing Maslife customers with choice.
09/19/2022
EC competition concerns sees Pivo pull out of merger with Vipps and MobilePay
This has forced Danske Bank and the consortium of lenders behind Vipps to move ahead without OP Financial and Pivo.
09/15/2022
Latin American giant Ebanx moves into Africa
Importantly, a high level of mobile penetration and consumption in African countries positions the region to be the “next frontier”
09/14/2022
CBA switches on PayTo for recurring payments
Users of the system have the ability to view, authorise, pause or cancel payment agreements via their internet banking copnnection or mobile app.
09/13/2022
Coutts bank warns customers not to update their iPhone operating systems or they will lose online banking services
It said they may lose access to their Coutts digital services if they upgraded to iOS 16, Apple’s biggest update to the iPhone since 2020 which was released yesterday.
09/08/2022
Pleo teams with Yapily for open banking
Through Yapily Payments, Pleo users can top up their Pleo account directly from their bank account.
09/07/2022
Alpian partners with Visa to offer innovative, digital, and smart payment solutions for Switzerland
With the partnership made official, Alpian can now issue its premium, intelligent metal debit card offering across Switzerland.
09/07/2022
Liberty Bank to launch new digital bank for small businesses next year
It aims to offer deposits and loans to businesses, along with expense management, invoicing and payment management solutions.
09/07/2022
Starling launches Bulk Payments feature for small businesses
The new feature is available to UK business customers with GBP accounts through Starling’s Online Banking platform for £7 a month.