Managers of Wealth Fintech

Google integrates Greenlight card into smartwatch for kids

Users of Google's new kid-focused smartwatch will be able to connect a debit card from Greenlight Financial Technology for contactless payments.

Flexys adds open banking technology from Moneyhub to collections process

This collaboration aims to revolutionise the collections industry by integrating Open Banking capabilities into Flexys’s cloud-based software.

Australia moves one step closer to roll out of Confirmation of Payee

Lynn Kraus, CEO of AP+ says the the agreement on the design is an important step forward for the industry in the pursuit of combatting scams and frauds.

Bamboo Payments secures EU licence

With the license officially granted on July 23rd, Bamboo Payment is actively preparing to notify the Malta Financial Services Authority (MFSA) of its intention to passport its services to other EU/EEA countries.

US fintech Octane raises $50m Series E funding led by Valar Ventures

The fintech reports that through its in-house lender, Roadrunner Financial, it has so far originated over $4 billion in loans working with over 30 original equipment manufacturer (OEM) partners.

NerdWallet to cut workforce by 15% as part of restructuring plan to reduce operating expenses

The company revealed the restructuring plan with the publication of its Q2 2024 financial results

PayPal extends Fastlane to all US merchants

Merchants often lose sales due to lengthy guest checkout experiences.

Nacha welcomes Visa as preferred partner

Nacha’s Preferred Partner Program recognizes organizations that contribute to advancing the ACH Network.

Egyptian lending marketplace Qardy secures pre-Seed investment

Qardy, the operator of a digital lending marketplace in Egypt and the Mena regions, has secured a $7-figure pre-Seed round of investment with participation from White Field Ventures and Vastly Valuable Ventures.

E-payment transactions surge: UBA ranked most visited banking website in Nigeria

Nigeria’s e-payment transactions surged to N234 trillion in the first quarter of 2024

Vodeno & Aion Bank partner to offer BLIK services across Europe

Expanding the portfolio of participants in our system within the embedded finance model opens new growth opportunities for us not only in Poland but also globally.

Neobank Ampere inks Mastercard agreement

Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments

Edge computing company inq. prepares for pan-African play

Morgan will drive revenue growth, diversification, marketing, product development, and management, enhancing consultation-based customer engagement and advancing inq.'s competitive position.

Multibank Group and Mashreq team to launch instant payments service

The partnership will involve Mashreq and Profinch collaborating on technology transformation programs

Visa unveils contactless online toolkit for Vietnamese merchants

This is part of Visa’s commitment to empower Vietnamese SMBs and boost the national economy, by accelerating their contactless payment acceptance.

As digital banking grows, Kenyan banks continue to ditch costly ATMs

This is the lowest number of ATMs recorded in the country in half a decade, a notable drop from the peak of 2,573 ATMs recorded in 2019.

Finastra inks collaboration pact with Tech Mahindra

Through the partnership, Tech Mahindra will become Finastra's exclusive global implementation partner

MoneyLion joins American Fintech Council

MoneyLion empowers millions of families to take control of their financial future

Westpac starts offering debit cards to eight-year-olds

Almost three quarters of parents are happy for their child to have a transaction account and three out of five are happy for them to have a debit card.

Monzo banks on Grow with SAP

SAP S/4HANA Cloud will be adopted across the entire business.

Retail Banking