Managers of Wealth Fintech

Central Bank of Turkey Successfully Tests Payment Transactions Using Digital Lira

2023 will also see the CBRT select a range of banks and fintech companies to participate in new tests on the Digital Turkish Lira Collaboration Platform.

Visa and Enfuce pilot prepaid cards for refugees in France

The “First Aid” card will come with preloaded funds to help newcomers buy basic necessities when they arrive.

Japan's Smartpay adopts open banking to deliver direct-from-bank payments

While Japan remains the third wealthiest country in the world, it has one of the highest credit card penetration rates in Asia, with over 60% of transactions completed in cash.

Welcome.Place launches refugee 'First Aid' card pilot in France with Enfuce, Epassi & Visa

The economic and social inclusion of newcomers and refugees normally takes 5 years to achieve

Al Salam Bank Launches the First-Of-Its-Kind Digital Self-Service Kiosk

This comes in line with Al Salam Bank's ongoing commitment to staying ahead of the latest trends in digital technology, ensuring the delivery of a refined, transformative client experience.

ECOMMPAY Upgrades Gate2Asia to Extend APAC Reach

ECOMMPAY says it is important for businesses to continue to adapt to rising consumer trends.

Splitit and Worldline Forge North American Instalments Partnership

Worldline and Splitit also share plans to expand next-gen, card-based instalments into additional geographies.

Compliance and Innovation Form the Backbone of Cross Border Payments

While this story of growth is full of possibilities, it is also not without its challenges.

FinWise Bank selects Finastra’s core banking package

FinWise Bank, known for its strategic financing relationships with fintechs nationwide

Podcast: cash in the payments landscape

But in others, such as Japan, despite high technology penetration, most transactions at point-of-sale continue to be in cash.

Skyscend joins Visa Fintech Fast Track programme

Through the Visa Fintech Fast Track Program, Skyscend is now able to expand its offerings and provide faster, more secure and streamlined payments to its customers.

Italy backtracks on pro-cash plans

The climbdown comes after criticism from the European Commission, which had argued that the planned change would not be consistent with efforts to boost tax compliance.

Worldline Unveils BNPL Service With Fly Now Pay Later

“We’re excited to ensure that travel merchants can now benefit from the growing popularity of the buy now, pay later phenomenon,” said Damien Cramer, global head of airlines and travel at Worldline.

Bank-backed consortium wins funding to test payments for EU digital identity wallet

The EU digital identity wallet is a secure app that, when it comes into being, will allow citizens across the continent to verify their ID, access public and private services and store sensitive digital documents in one place.

Secure Trust Bank taps Mastercard for open banking payments

This gives customers a new and convenient way to make payments on retail finance loans with Secure Trust Bank’s ‘Easy Bank Transfer’ payment option.

Starling Bank joins the fintech savings arms race

Rising interest rates have prompted a tougher fintech savings battleground. Consumers are the winners.

Blue to debut a fintech super app for Iraq and the Middle East

It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the Iraqi market.

Visa pledges to invest $1 billion in Africa

The investments will also focus on strengthening the payment ecosystem through new innovations and technologies, supporting digitisation of economies, and investing in upskilling, talent development and capacity building.

American Express Sets up New Innovation Center in Singapore

Over time, American Express said that it will be looking to expand the focus area of the center to develop AI, ML and NLP technology use cases to support its growth.

Bank of England outlines plans to preserve wholesale cash distribution

The Bank says the current system was designed for a world with higher cash usage

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