Managers of Wealth Fintech

PayQuicker ships InstaPay for on-demand earned income access

With Insta-Pay, individuals no longer have to wait for traditional paydays and can instead request access to their hard-earned income in real-time, anytime.

JRNI integrates with Backbase

JRNI’s Self-Scheduling Appointment booking solution will be made available as an out-of-the-box add-on integrated within Backbase’s Digital Assist offering.

Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin

Paraguay continues to crack down on illegal mining activities that siphon power from the country’s electric grid.

Borderline Risk: Four in Five UK SMEs Plan to Increase Overseas Spending

With the extra complexities entailed by trading overseas, from taxation to licensing, small firms looking to expand could be putting their heads above the parapet.

Mastercard pilots Crypto Credential network

Users will also be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses.

HSBC introdcues Omni Collect in the UAE in partnership with Geidea

The partnership was announced at a signing ceremony attended by Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East, and Mr Abdullah AlOthman, founder and Executive Chairperson of Geidea.

Retail: Embracing Digital Wallets, BNPL and POS Systems

This technological leap is influenced by a notable shift in consumer trust, with large tech firms gaining ground over traditional banks, demonstrating a preference for digital-first payment solutions.

Meethaq goes live on Temenos for retail and corporate core banking

Core platform modernization enables Meethaq to offer Shariah compliant banking products and services with increased operational efficiency and business agility

Worldline signs deal with Banque Raiffeisen for cloud0based instant payments

The bank will also benefit from TIPS connectivity and Worldline’s value-added services for transaction sanction screening and stand-in account checks.

CIBC launches digital application for new immigrants

Through an innovative 'two for one' application, newcomers to the country can now apply for two financial products by submitting only one online digital application.

Visa partners with MoMo, VNPAY, and ZaloPay to enhance digital payments in Vietnam

This partnership will allow Visa cardholders to use their Visa cards as a source of funds when making purchases at merchants currently accepting payments via the three e-wallets’ QR codes.

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

At the same time, the credit union is also making use of Tyfone’s loan payment deferral solution Skip-a-Pay as well as its loan repayment solution Quick Pay to provide members with “financial relief and added convenience”.

Real-Time Transactions and Regulations Continue to Shape Payments

Instant payments, pay-by-bank, digital wallets, artificial intelligence and tokenization all have been pushed forward from the supply side.

Raqami Islamic Digital Bank and 1LINK form partnership

The signing ceremony took place at the 1LINK Office in Park Towers, Karachi and was attended by the senior management of both organizations, symbolizing their dedication to innovation with excellence.

Synctera launches Bring-you-own-Bank

Interestingly, the underlying needs remain the same - foundational technology that enables everyone to work together in a profitable, safe and compliant way.

Privat 3 Money opens multi-currency accounts

This innovation simplifies national and international transactions, eliminating the need for multiple accounts and reducing foreign exchange complexities.

Iraqi Fintech ZainCash goes live with Temenos core banking and payments to scale digital payment services

Temenos platform will enable leading Iraqi digital payment provider to scale rapidly, launch new products faster and drive financial inclusion

Payments fintech Vitesse raises $93m Series C funding to fuel US expansion efforts

The round also saw participation from German venture capital firm Hannover Digital Investments and other existing investors.

The Best Banks in Asia 2024, Ranked by Forbes

For its fifth annual ranking, Forbes collaborated with market research firm Statista, which surveyed over 49,000 people in 33 countries in 17 different languages.

Cuckoo renews relationship with GoCardless for direct debits

The GoCardless collaboration continues a list of customer-centric milestones from Cuckoo, with the broadband provider already integrating customers onto the revolutionary customer service platform Kraken.

Retail Banking