05/11/2023
Smoothpay to use open banking tech from DirectID for income verification
Smoothpay will use DirectID’s open banking platform to help provide a stable monthly income to freelancers, contractors, and small business owners.
Retail Banking
05/09/2023
Standard Chartered expands partnership with Tazapay
Driven by growing customer expectations and opportunities to develop new business models, an increasing number of corporates from manufacturing to the service industries are expected to embrace marketplace platforms.
05/09/2023
Bank Nizwa and Buna partner to offer cross-border payments
Bank Nizwa aims to expand its payment capabilities by leveraging Buna’s digital platform.
05/09/2023
Brex adds global capabilities
Brex allows customers to fund easily from their local banks, while keeping track of spend and reporting transactions in local currency - making it easy to monitor spend and reconcile transactions.
05/09/2023
Sagicor Bank Barbados goes live with Mbanq BaaS platform
Sagicor Bank Barbados offers a full suite of banking services, including deposit and savings accounts, virtual and physical cards
05/08/2023
RBI, BIS Kicks off G20 TechSprint Competition Focused On Cross-Border Payments
The 2023 TechSprint is open to developers from around the world and will focus on three problem statements on cross-border payments.
05/04/2023
Monzo hits 250K business customer milestone
Monzo has not provided a breakdown of free and paying customers in the 250K figures.
05/04/2023
How NatWest is building a relationship bank in a digital world
To put it in context, if each interaction were only one minute long, the annual 50 million interactions would equate to 95 years of continuous conversation.
05/03/2023
LHV secures UK Banking Licence from the PRA
The decision to pursue a UK banking licence was made in 2021, and LHV submitted its application in March 2022.
05/03/2023
BaaS to drive profound shift in financial services industry
The experts interviewed for the report think the top three most critical factors to accelerate the adoption of BaaS in Europe are regulatory clarity and guidance, ecosystem collaboration, and more licenced players.
04/28/2023
European Payments Initiative to pilot digital wallet for instant P2P payments in Germany and France
The news comes as the initiative — which was originally set up with investment from more than 30 banks and acquirers — has also confirmed its planned acquisitions of Belgium-based payment solution iDeal and Luxembourg-based payment solutions p
04/28/2023
Sweden's BankID launches digital identity card
Owned by seven banks, BankID is used by more than eight million Swedes an is used by more than 6000 businesses and organisations for identification and document signing.
04/27/2023
JM Financial Enters into a Strategic Collaboration with Google Cloud for Accelerating its Foray into Data Led Digital Customers
This new platform, blinkX, will help JM Financial offer a wide range of products and services to digital retail consumers.
04/27/2023
ConnexPay and Payouts Network launches Push-to-Card technology
The new functionality will be available to all ConnexPay customers and will also help accelerate the company’s expansion to reach more customers across the gig economy, insurance industry, as well as other dimensions of the travel industry.
04/26/2023
Paylink Solutions Makes Numbers Friendlier Than Ever With Latest Embark Review
This review is set to significantly improve the experience of users with low numeracy skills.
04/25/2023
Finaro joins forces with MultiPay to offer unified payment acceptance in the Nordics and UK
With Finaro acting as the acquirer for MultiPay’s certified terminals, the partnership will allow the two companies to launch a new and market-leading solution to drive in-store acceptance of international and local cards, as well as alternative pay
04/24/2023
New Report Labels UK Credit Card Market as ‘Broken’ With Inefficient Access to Data
The findings indicate that as many as 14 million customers could now be paying close to £1,000 in interest each every year.
04/24/2023
Amex Ventures vets launch $78m fintech fund
Based in the US and Israel, Vesey has already made several investments, including in Coast, Cyrus, Grain, Equi and Proper.
04/24/2023
Snap wins Digital category at Customer Service Awards
We are thrilled to receive this award, which is a testament to our team’s hard work and dedication
04/21/2023
Unlimint expands reach to Nigeria
This milestone development authorizes Unlimint to operate as a recognized payment service provider in the region