Managers of Wealth Fintech

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Founded in 2022, Waave specialises in real-time payment solutions that facilitate Pay by Bank transactions between businesses and consumers.

Erste Group in Austria partners Salt Edge for CEE multi-banking services

The bank is leveraging the vendor’s account information solution to enable users to connect third-party bank accounts from Romania and Austria with its retail banking app George.

INDEXO launches banking operations in Latvia with Mambu technology

INDEXO is on a mission to launch extensive and diverse financial products, offering new banking opportunities and more favourable conditions for Latvians.

NuMark Credit Union teams up with NCR Atleos for ATM modernisation

ITM merge the capabilities of an ATM with a broader range of teller transactions, including the option for assistance via a video connection.

GoCardless and Moneybox extend partnership

The renewal will see Moneybox continue to rely on GoCardless for Direct Debit

TerraPay and Fabrick partner on cross-border payments in Europe

It represents a significant milestone in Fabrick’s international growth and consolidation strategy

Santander scoops best ESG initiative in payments prize at Pay360 Awards

The bank has received this accolade alongside Giesecke+Devrient (G+D), its partner in the processing and recycling of bank cards to turn them into street furniture.

BBVA to explore the potential of Visa's new Tokenized Asset Platform

BBVA will use VTAP to create tokens on the public Ethereum blockchain with expected live pilots in 2025.

Visa launches commercial payments hub

Commercial payments represent a $145 trillion market opportunity globally

Digital banking platform Plumery raises $3.3m in additional funding

The company also plans to increase headcount in critical areas, including product, engineering and commercial roles.

HSBC introduces new Embedded Finance venture

In addition, SemFi plans to provide SMEs with increased flexibility and security in their spend management processes via HSBC virtual card solutions.

Saudi Awwal Bank partners Singapore’s PayerMax for digital payment enhancement

This effort is part of SAB’s broader strategy

Cardlay and Visa team on spend management

The commercial card landscape is rapidly evolving, driven by growing demand for digital solutions, contactless payments, digital wallet integration, and embedded finance.

Bank of East Asia and UDPN collaborate on stablecoin and tokenised deposit PoC

In the course of the PoC, BEA tested conducting multiple stablecoin transfers via digital currency wallets on the UDPN.

BB Merchant Services and Ordo team up to cut payment processing fees

For payers, the process is equally straightforward.

Wells Fargo and Fiserv end merchant acquiring JV

In an SEC filing, Fiserv says it expects to receive a cash payment or assets equal to the value of its share in WFMS.

Magnati, RAKBANK partner to launch merchant financing platform

RAKBANK, with its expertise in SME lending, uses the platform’s real-time merchant financial insights to underwrite loans quickly and accurately

South Africa: Standard Bank sees 13% drop in branch transactions due to digital adoption

Over the same period, online transactions increased by 30% to 1.5 billion transactions with Standard Bank clients performing an average of 10,400 digital transactions per month

Trinidad and Tobago to roll out India's UPI payments tech

The NPCI international subsidiary was set up in 2020 to push the UPI, as well as the RuPay card network, outside of India.

BNKA launches new payments function for LATAM migrants in Europe

The development enables users in Europe to pay for basic services, such as electric, water and gas bills, in their countries of origin.

Retail Banking