Managers of Wealth Fintech

MML’s MoMo transactions hit GH¢4.1trn in digital finance surge

The sharp growth in float reflects increasing consumer trust in mobile wallets as a store of value and a key transactional platform in Ghana’s fast-evolving digital payments landscape.

Singapore's MetaComp raises $35 million

This latest round was backed by Alibaba, Spark Venture, and other institutional investors, with existing shareholders co-investing.

Commerzbank partners with Hawk to bolster AI AML capabilities

Through the partnership, Commerzbank, which oversees around €400 billion in assets, is deploying Hawk's AML AI Extended Risk Model.

EBANX to Open New APAC Headquarters in Singapore

Chief Product Officer Eduardo de Abreu will head the new centre as regional CEO, supported by a team of 25 specialists.

Africa's first Islamic neobank Nyla taps Mambu for core tech

Nyla is adopting Mambu's cloud banking platform to power its scheduled launch in Ghana this June.

Mastercard Rolls Out Cross-Border Payments Suite for APAC SMEs

The new suite will first be offered through banks in Hong Kong SAR before expanding to selected markets across the region.

Revolut reportedly set to receive full UK banking licence

The UK-based fintech entered the mobilisation stage, a transitional phase during which new banks operate under restrictions while the PRA assesses their readiness, in July 2024.

Santander tests agentic payments across Latin America

AI agents successfully completed the purchase of books across Argentina, Chile, Mexico and Uruguay, while in Brazil the transaction involved the purchase of chocolates.

Mastercard Launches Virtual C-Suite AI Tool for Small Businesses

The offering is aimed at helping SMEs access business analysis and support that has typically been more available to larger companies.

Thailand Leads ASEAN in Digital Payment Transformation

While digital payments advance in Thailand, cross-border payment fragmentation and financial crime risks continue to intensify.

AAZZUR taps Wallester to strengthen card issuing capabilities

The approach is designed to reduce the complexity typically associated with establishing separate contractual and technical relationships with multiple financial service providers.

Mastercard completes agentic payment pilot in Malaysia

Transactions used tokenized credentials authenticated with Mastercard Payment Passkeys to ensure customer verification and data protection.

myPOS adds Tap to Pay on iPhone in Romania and Slovakia

The rollout adds to existing availability in markets including the UK, France, and Germany, allowing merchants to accept contactless card and digital wallet payments directly on an iPhone without additional hardware.

LemFi secures Bank of Canada registration

The milestone is a key moment in LemFi’s ongoing quest to reinforce trust through compliance, but also serves the company’s mission to build the full stack of financial services that move with people across borders.

Visa Intelligent Authorization modernises payment processing for banks and financial institutions, unlocking 'era of innovation'

Legacy payment authorisation systems can limit acquirers' ability to support emerging payment methods and new forms of commerce

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