Managers of Wealth Fintech

Unlimit and UnionPay International Announce Global Issuing Partnership

The agreement will now allow BaaS clients to add UPI cards as part of their digital offering

Qatar Islamic Bank adds carbon emissions trackers to mobile app

The Carbon Emission Tracker feature underscores QIB's leadership in digital banking

Mexipay signs with ACI Worldwide

Mexipay will complement the current real-time capabilities in the country with new innovative payment services and an unbeatable time to market.

N26 eyes profitability in 2024

In preliminary results, the firm says it expects a net loss of €100 million for 2023, on revenues of over €300 million, a 30% rise on the previous year.

Mastercard joins $65m funding round for Paysend

This significant investment is a testament to the strength of Paysend's vision

Robinhood launches in the UK

This is the third time the US-based trading app has tried to bring its product to the UK

Visa joins €8.5 million funding round in Enfuce

The latest investment is designed to set the firm up for its next phase of growth

Swift connects instant payment systems to bring 24/7 processing across borders

OCT Inst is seen by financial institutions as an opportunity to leverage the benefits of domestic instant payment systems globally, while using existing rails.

Qred expands to Germany

Qred's savings accounts for individuals are now available through Raisin Bank on the German platform Weltsparen and have generated deposits of over SEK 500 million in October.

Financial services best for commercial VRPs adoption

Who is going to adopt commercial variable recurring payments (VRPs) is one of the most lucrative questions to help unlock the chapter of open banking payments.

Stripe picks Everlink for host-to-host Interac debit processing services

Stripe will leverage Everlink's Direct Connector status into the Interac Inter-Member Network

Lendable upgrades credit card to variable recurring payments via TrueLayer partnership

Long seen as transformative for the payments space, VRPs are finally being rolled out to credit cards.

PayTabs Enters the Prepaid Card Market with New Issuance Platform

The move comes as the company aims to tap into the global cards market, which was valued at $524.9billion in 2022 and is also projected to reach $1.2trillion by 2032.

Klarna targets $1 trillion travel sector with Cathay Pacific tie-up

The agreement is the latest in a series of travel tie-ups for Klarna as the company aims to further expand into the travel sector.

EPC One-Leg Out Instant Credit Transfer (OCT Inst) payment scheme goes live

Under the OCT Inst scheme, PSPs in SEPA can process incoming and outgoing international credit transfers

Open Banking's impact on ethical lending

An in-depth exploration into how open banking is a catalyst for the evolution in the lending industry. Explore how Yapily’s open banking infrastructure is transforming affordability, customer resilience, and financial support.

Mashreq Sustainability-Linked Loan Aims to Address ‘Water Scarcity’ and Train Talent in Jordan

Another aim of Classic Fashion is to improve employee engagement and capacity-building.

ID Finance secures landmark €12m credit line to boost Spain’s consumer lending

ID Finance’s journey to this point has been marked by impressive financial achievements.

Funding Circle and Atom Bank agree new £150m lending partnership

The bank will use Funding Circle’s technology and distribution platform to deliver the funds to UK businesses and deploy capital.

Future of Payments Review calls for open banking legislation and reform

The review sets out recommendations to bolster open banking to keep the UK at the forefront of payments technology

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