Managers of Wealth Fintech

ABN Amro's Bux to offer retail investors access to IPOs via PrimaryBid

This move, encouraged by ABN AMRO, is part of BUX’s mission to make investing more accessible and empower retail investors with new opportunities.

Finfra raises $2.5m & announces partnership with Tyme Group

The partnership will support Tyme Group’s expansion into the country as part of its broader Southeast Asia growth strategy following the successful launches in the Philippines and Vietnam.

Only 1 in 3 European Banks ready for Instant Payments Regulation, study finds

The research conducted by Intix uncovers a landscape in which 41% of banks acknowledge limitations in their readiness, and a concerning 25% admit they are not prepared at all.

Postbank generates cash via barcode

Postbank and Deutsche Bank already offer their customers nationwide, free cash withdrawals via their own ATMs and cooperations with other banks, as well as Shell.

Bank of England pressing ahead with preparations for digital currency

The Bank first published a consultation paper exploring the need for a digital pound in early 2023.

Citi unveils Citi Digital Bill, a new trade finance solution

This new solution is an alternative to traditional paper-based Bills of Exchange (BoE) with a comprehensive end-to-end digital platform.

Citi partners with Google Cloud to upgrade tech infrastructure

The banking group will implement Google Cloud's Vertex AI platform to offer generative AI capabilities.

Dutch paytech Online Payment Platform secures EMI licence in the UK

Founded in 2011 and launched two years later, OPP’s payments offering includes services such as multi-split payments, dispute handling, automated mediation and an escrow solution.

Standard Bank picks Volante for Africa-wide payments overhaul

Beyond South Africa, the technology will be expanded across 18 additional African countries

Tappy Technologies launches fitness ring to propel contactless payments

Tappy Fitness Ring can be tokenised with the debit, credit, and prepaid cards of associated card schemes

FinMont Announces Strategic Partnership With Leading Payment Provider, The Payments Group

Combining both payments into a single view will help decision-makers identify and fix inefficiencies in their current payment processes.

Mastercard expands platform to help fintechs launch card programmes

This, says Mastercard, allows them to drastically reduce the time to market and launch card programs in as fast as 15 days.

PayByCar and Global Partners launch E-ZPass-enabled payment services in eight states

At participating gas stations, PayByCar recognizes the vehicle transponder and sends a text message to the driver's phone.

Lloyds launches Link Pay on mobile app

Customers can request up to £150 each time and receive a maximum of £500 per day.

PayPal and Global Payments join forces to simplify checkout with Fastlane

This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions

Dwolla joins Plaid to future-proof Pay by Bank Payments

Looking to the future, the partnership with Plaid could also enable Dwolla’s customers to mitigate ACH return risk and perform enhanced fraud detection and prevention.

HSBC launches virtual EUR and GBP accounts for overseas merchants

The virtual account also enables Chinese businesses trading on platforms to now receive EUR and GBP payments via their local clearing system

Mastercard supports transformation of Saudi Arabia’s digital payment ecosystem with the launch of local technology infrastructure

Mastercard’s new infrastructure aims to support a secure digital payments ecosystem in the Kingdom

Kenya migrates national payment system to ISO 20022

The CBK currently operates KEPSS as a real-time gross settlement (RTGS) system, which it uses to process large-value and time-critical payments, processing approximately $305 billion in the year up to August.

Santander launches Openbank digital brand in the US

Santander has launched its Openbank digital offering across the United States, taking its presence in the country nationwide.

Retail Banking