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Retail Banking

07/17/2024

Tiger Global explores $500m Revolut share deal - Sky News

Last month it emerged that Revolut is working with Morgan Stanley to sell about $500 million worth of existing shares, including those held by employees, to reach the $40 billion valuation.

07/17/2024

Monzo to launch bank account for children

This is such an important step on our mission to make money work for everyone

07/17/2024

Westpac issues dynamic virtual cards for business customers

Westpac’s Dynamic Virtual Card can be used online as well as in-store via digital wallet tap and go transactions.

07/16/2024

GoCardless and ICE InsureTech Deliver Improved Digital Payment Experiences for Insurance Sector

The new partnership will allow ICE customers to benefit from automated payment collection and reconciliation.

07/16/2024

Payit by NatWest comes to JD Wetherspoon

This new payment option enables customers to complete in-app orders quickly

07/16/2024

Real-Time Payments Surge in the Philippines

It highlights continued growth in the Philippines, with 777 million real-time transactions 2023 and a forecasted 1.5 billion instant transactions by 2028.

07/16/2024

Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange

Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform

07/16/2024

Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering

JKB says the new offering will enable its customers to “gain the opportunity to transfer money swiftly across borders”.

07/15/2024

Financial Inclusion and the Rise of QR Payments in Asia

These developments significantly boosted the popularity of QR code payments in China

07/15/2024

OpenPayd Enables Clients in Brazil to Use Pix Creating a More Agile Payments Experience

It’s now one of the most used real-time electronic transfer systems in the world, second only to India’s United Payments Interface.

07/15/2024

Tonik Financial Customer Deposits Decline as Interest Income Triples

CEO and founder Greg Krasnov told DealStreetAsia that the firm does not need to expand its deposit portfolio and expects it to remain stable this year as the loan portfolio catches up with deposits.

07/15/2024

BNP Paribas signs wide-ranging payments deal with Ant International

The two sides also agreed to work together to strengthen WorldFirst’s participation in the Single Euro Payments Area (Sepa) scheme.

07/12/2024

Malaysia’s Affin Bank partners ACI Worldwide for business payments platform

ACI is currently lending the same platform to Banco de la República in Colombia

07/12/2024

Fifth Third introduces direct deposit switch feature

This year, Fifth Third accepted the challenge of delivering new solutions that take the worry out of some of customers’ biggest banking stressors.

07/12/2024

Network International Leverages Mastercard Expertise to Digitise Business Expenses in UAE

The new programme aims to deliver better visibility and efficiency in commercial payment flows

07/12/2024

UK Contactless Payment Issues; Retailers Turn Customers Away

The result is that leading UK retailers have had to resort to cash-only payments.

07/12/2024

UK shoppers frustrated by payment outage

The outage has since been attributed to a service disruption at Worldline.

07/12/2024

GoCardless and ICE InsureTech partner on faster payments for insurance firms

ICE customers will be able to use GoCardless to address their pain points while delivering a high-quality customer experience.

07/12/2024

America First Credit Union picks Loquat for small biz member onboarding

The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business

07/11/2024

Nala bags $40m Series A to scale remittance services

Reports by TechCrunch reveal that the fintech intends to start its international market expansion in Asia.

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