Managers of Wealth Fintech

UK court approves $200m Mastercard settlement

The Competition Appeal Tribunal has now approved the settlement, calling it "just and reasonable" even if "very disappointing" compared to the original claim.

UK government issues £49m tender for payment services provider to underpin GOV.UK Pay platform

GOV.UK Pay supports over 1,000 public sector services, including the NHS, police, and local authorities, in processing payments digitally.

What is Holding Back Innovations in Open Banking?

The UK public’s appetite for intelligent, flexible payment solutions continues to grow, leaving significant opportunities for businesses to capitalise on modern banking technologies

Eurowag Taps Nexi & Visa for Secure Contactless Cards for Fleet Management

Eurowag’s membership of the Visa network brings new benefits to card users, but also various types of new fintech services.

FCA and PSR assesses the usage and impact of digital wallets

In turn, this could expand the range of alternative payment methods on offer, giving consumers more choice.

HSBC to sell Bahrain retail banking unit to Bank of Bahrain and Kuwait

BBK, one of Bahrain’s largest financial institutions, has a substantial retail banking presence and is well-positioned to integrate HSBC’s retail customers into its network.

Commerzbank and Visa expand partnership to boost card business

This partnership aligns with Commerzbank’s strategic focus on payments and ensures access to cutting-edge innovations in the evolving financial landscape.

DLocal and AZA Finance team up in Africa

By combining dLocal’s robust cross-border payment infrastructure with AZA Finance’s foreign exchange capabilities and network of regional licences, customers of both companies will benefit from improved payment processing

Unpopular opinions on consumer protection: a love story

And, rather unexpectedly, we talked about cash.

StraitsX Launches Crypto Payment Card with RedotPay and Visa

StraitsX enables users to convert and spend their digital assets at millions of Visa merchants globally.

Allica Bank Rolls Out Further Rate Reductions

Allica Bank has also reduced asset finance rates by 0.25%

BDO renews remittances partnership with Japan’s Seven Bank

Clients can easily transfer money from Japan to the Philippines using the Seven Bank’s International Money Transfer app on their mobile phones.

Singapore to Consolidate National Payment Schemes Under New Entity

MAS and ABS stated that the move will help financial institutions and payment providers tap into global payment opportunities.

GoCardless selects Form3 for Bacs payment connectivity

Form3 has the reputation of offering fast and resilient payment processing

Wells Fargo launches new commercial banking platform with Q2

Last April, the US “Big Four” bank sought to enhance its commercial banking operations, particularly the efficiency of trade finance, by integrating TradeSun’s Intelligence V4 solution.

South African banking group FirstRand selects Fiserv’s Finxact core banking system

The group specifically aims to accelerate product launches while enhancing its mobile and internet banking capabilities.

Western Union and Penny Pinch Launch International Money Transfer Services

The co-branded service enables customers in the country to send and receive money globally, based on their convenience and needs.

LuLu International Exchange partners with Fintech Galaxy

At the same time, the partnership with Fintech Galaxy provides LuLu Exchange with the possibility to benefit from multiple advantages

Aldermore Bank taps Temenos to upgrade savings operations

Its services include mortgages, business financing, and personal and business savings accounts, with the company managing £20.5 billion in assets.

United Fintech buys Norway’s Commercial Banking Applications

The Oslo-headquartered fintech operates predominantly across Europe and Asia, with Dutch banking giant ABN Amro being one of its major clients.

Retail Banking