Managers of Wealth Fintech

FinFit and Salary Finance US merge

FinFit CEO David Kilby will continue to lead the combined company, and Salary Finance’s co-founder Asesh Sarkar as president.

Mukuru Launches Tenth Money Transfer ‘Drive-Thru’ in Zimbabwe

As part of its innovation, Mukuru has also launched a series of services in the past few months to build a diverse product offering for customers.

Finastra’s Swiss Service Bureau connects with Anapaya network

Finastra is one of the largest global services bureaus and has a major presence in Switzerland.

Fiserv Provides Enhanced Support for 150 Million JCB Cardholders

As part of the partnership, Fiserve will support JCB Contactless and J/Secure payment gateways for the European merchant communities.

North American Bancard unlocks insights from payment data with Virtualitics

Partnering with Virtualitics allows us to share the latest data insights to ensure merchants are in the know about hidden patterns and can take action within their industries.

AccessAfrica Remittance Corridors Expanded to Foster Greater Financial Inclusion

AccessAfrica customers will also be able to receive payments from all over the world through MFS Africa partners.

Alchemy Pay Raises US$10 Million to Accelerate South Korean Expansion Plans

The firm has also introduced its NFT Checkout service in addition to its payment services to enable customers to acquire NFTs using fiat payment options.

Bunq applies for US banking licence

With a five-minute account opening process, users will be able to manage their finances from anywhere in the world, earning saving on foreign exchange fees, using multiple currencies, and accessing automated budgeting tools.

Acorns acquires GoHenry

GoHenry was born out of the founders’ personal need to educate their own children on how to manage their money.

How Much Can Digital Card Issuance Grow in the Near Future? Juniper Research Reveals Predictions

Digital card issuing platforms are replacing physical payment cards.

NAB introduces payment prompts to protect customers from fraud

We have more than three million customers using the NAB app and NAB Internet Banking every month.

KPMG launches new product to boost retail analytics

Consumer spending power in the UK has hit historic lows over the last year, as employers refuse to raise salaries in line with the country’s record rates of inflation.

Payment Security and Data Storage Among Top Concerns for UK E-Commerce Consumers

Additionally, 34 per cent of respondents consider data security and payment encryption as the most crucial aspect of a satisfying online payment experience.

Greenlight launches tool to help banks provide youth financial literacy

Greenlight for Banks is a first-of-its-kind solution that enables partners to offer Greenlight’s suite of family banking and education products for free to their customers.

Pinwheel Joins Visa Fintech Partner Connect Program

As a participant of the Visa Fintech Partner Connect Program, Pinwheel will more easily allow customers the unique advantage of leveraging income and employment data for lending decisions, as well as an added layer of security and compliance.

Wise: Big banks continue to hide fees on cross-border payments

This required that “all currency conversion charges are shown in a clear, neutral and comprehensible manner” ahead of making a transfer to another currency in Europe.

Open banking payments more than doubled YoY in 2022

More than seven million customers and small businesses are using open banking-enabled products in the UK.

Visa and Mastercard reportedly in talks to acquire Pismo

News reports state that the firm is working with Goldman Sachs on a potential sale at a reported valuation of $1 billion.

Apple Pay Later launches

Repayments are made in four equal instalments, spread over six weeks with no interest and no fees.

NALA Receives Payment Service Provider License From Central Bank of Tanzania

The company’s $1million investment comes after receiving the licence to power product innovation in Tanzania.

Retail Banking