Managers of Wealth Fintech

Jifiti releases Tap Now, Pay Later tech

The customer can then simply tap their mobile device to pay, as with a regular card transaction, at any point of sale.

Airwallex branches out into retail investment products with new Australian licence

With this, the minimum investment requirement for the product has been lowered to AUD 10,000, effective immediately.

Cash App quits UK

In a notice on its site, Jack Dorsey's firm says Cash App UK will close in September after a six year run in the country.

MoonPay and Raydium form partnership

Now, for the first time, Raydium users can buy and sell crypto using all major payment methods including debit and credit card, Apple Pay, Google Pay, and bank transfer.

Ecommpay & Mastercard partner to deliver Click to Pay in Europe

Ecommpay merchants are already benefiting from reduced fraud and higher approval rates for their Card on File payments by leveraging network tokens for both online and in-app payments.

Merrco Payments rebrands to KORT Payments with new managing team led by Paysafe founders

The Toronto-headquartered fintech announced this week that it will now be recognised under the KORT Payments brand.

First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite

Terry-Ann Graver, COO at First Global Bank, says the implementation “marks a significant milestone in our digital transformation journey”.

Tiger Global explores $500m Revolut share deal - Sky News

Last month it emerged that Revolut is working with Morgan Stanley to sell about $500 million worth of existing shares, including those held by employees, to reach the $40 billion valuation.

Monzo to launch bank account for children

This is such an important step on our mission to make money work for everyone

Westpac issues dynamic virtual cards for business customers

Westpac’s Dynamic Virtual Card can be used online as well as in-store via digital wallet tap and go transactions.

GoCardless and ICE InsureTech Deliver Improved Digital Payment Experiences for Insurance Sector

The new partnership will allow ICE customers to benefit from automated payment collection and reconciliation.

Payit by NatWest comes to JD Wetherspoon

This new payment option enables customers to complete in-app orders quickly

Real-Time Payments Surge in the Philippines

It highlights continued growth in the Philippines, with 777 million real-time transactions 2023 and a forecasted 1.5 billion instant transactions by 2028.

Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange

Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform

Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering

JKB says the new offering will enable its customers to “gain the opportunity to transfer money swiftly across borders”.

Financial Inclusion and the Rise of QR Payments in Asia

These developments significantly boosted the popularity of QR code payments in China

OpenPayd Enables Clients in Brazil to Use Pix Creating a More Agile Payments Experience

It’s now one of the most used real-time electronic transfer systems in the world, second only to India’s United Payments Interface.

Tonik Financial Customer Deposits Decline as Interest Income Triples

CEO and founder Greg Krasnov told DealStreetAsia that the firm does not need to expand its deposit portfolio and expects it to remain stable this year as the loan portfolio catches up with deposits.

BNP Paribas signs wide-ranging payments deal with Ant International

The two sides also agreed to work together to strengthen WorldFirst’s participation in the Single Euro Payments Area (Sepa) scheme.

Malaysia’s Affin Bank partners ACI Worldwide for business payments platform

ACI is currently lending the same platform to Banco de la República in Colombia

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