Managers of Wealth Fintech

Visa and Mastercard reach $30bn interchange fee settlement with merchants

In 2012, Visa and Mastercard agreeing to pay up $7.25 billion to retailers over claims they had improperly fixed credit and debit fees.

Bulgaria’s Paynetics acquires UK neobank Novus

Paynetics says the deal will enable the firm to “enhance further such offerings while expanding the environmental, social, and governance (ESG) ecosystem across Europe

71% of Australians Concerned About Shift to Cashless, 42% Expect ‘Cash Nostalgia’, Finds Waave

Research conducted by YouGov in February 2024 revealed that 63 per cent of Australians believe that going cashless will exclude certain population groups and exacerbate economic inequality.

Intellicheck CEO: Digital Banking’s Future Will Be Defined by Security

This convenience factor has played a crucial role in the widespread adoption of digital banking services

CASHIN KSA Partners With Fils to Help Saudi Arabian Merchants Track Environmental Impact

This partnership represents a significant milestone for Fils, which, following its successful ventures with other market leaders in the region, is now expanding its footprint in Saudi Arabia.

ING Partners With Mastercard for Enhanced Shopping CX

Customers are provided with the solution to easily enrol with Click to Pay via the ING app and will have access to Mastercard’s service wherever the Click to Pay logo appears at participating online merchants.

Harmony Bank selects Baker Hill NextGen

Our merger was the catalyst that led us to consider a new loan origination system.

Fils inks deal with Saudi Arabia's Cashin KSA

Through this collaboration, merchants will gain the ability to accurately track their environmental impact, mitigate their carbon footprint with high-quality carbon credits, and transparently report their progress.

Digital Wallets Are Popular in the UK While Demand for A2A Payments to Be Desired Finds WorldPay

Digital wallets emerged in the late 1990s

BofA rolls five apps into one

The app has received a thumbs up from Celent

Nationwide customers hit by payment delays

However, many customers were left unimpressed by the update.

GCash goes international with 16 countries

In partnership with Alipay+, GCash users can now pay to any of the 3 million Alipay+ merchants in these countries/territories.

UK set for soaring digital wallet adoption

Credit and debit card usage outside of digital wallets continues to be strong, accounting for 46% of e-commerce and 74% of POS transaction value in 2023.

China UnionPay Launches Project Excellence in Line with PBOC Payment’s Market Roadmap

China UnionPay will take the lead on Project Excellence as it will be joined and co-funded by other industry participants.

LemFi expands Visa cross-border solutions partnership

The cross-border money movement specialist will also continue as the preferred provider of e-payments

Thredd partners with B4B Payments to launch US debit and prepaid card processing

Ethiopian bank glitch lets customers withdraw millions

The bank has assembled a task force as it seeks to recoup the money, with some students on university campuses already detained, says the BBC.

Zilch plans 2025 IPO

In October, Zilch received an investment from e-commerce giant eBay at the $2 billion valuation it secured during a Series C round in late 2021, a mark it hit just two years after launching in beta.

Mastercard makes new connection to Alipay

The move comes as consumers increasingly look for ways to send money across the globe quickly and securely.

Thredd enters US debit and credit card issuing market

This strategic move underscores Thredd’s commitment to support its clients’ expansion plans in key global markets.

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