Managers of Wealth Fintech

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.

Scotaibank expands partnership with Nova Credit

Credit invisibility, or lack of a credit record, can be a huge barrier to credit for those entering Canada, as access to the formal credit system traditionally requires existing local credit history.

UAE customers complain as banks issue credit cards without proper ID verification

Using the replicated ID card and other documents, they approach banks, some of which do not adequately verify the applicant's identity and issue credit cards.

Multitude Bank partners Salt Edge for instant loan repayments

The Bank has already successfully implemented Salt Edge’s solution for consumer lending products.

Bots and beyond: From financial crime to lending, AI can change world of money and finance, says Oracle’s Sonny Singh

India is a great example of digital payments

Mastercard and KaiOS partner to simplify acceptance African SMEs

KaiOS and Mastercard are partnering to help millions of SMEs globally accept digital payments using KaiOS devices.

PayMongo and Brankas Now Offer the Widest Range of Payment Options in the Philippines

Enable seamless, secure, and direct online banking payments with Brankas through PayMongo, featuring top Philippine banks BDO, Metrobank, and Landbank.

Chase UK trials credit cards

JPMorgan Chase is testing a credit card product for customers of its UK digital challenger bank, according to Bloomberg.

OneAZ Credit Union signs with Backbase

This partnership demonstrates the commitment of both Backbase and OneAZ to driving growth

Security Bank Unveils New Platform to Simplify Business Payments

The platform supports a range of payment methods, including credit, debit, and prepaid cards from networks like Mastercard, Visa, and JCB.

Melita expands retail network

Also grows network of exclusive resellers

Axis Bank launches digital solutions for Retail & Wholesale Banking

It will integrate multiple business applications for clients to streamline their accounts, payables, and receivables.

Visa and dtcpay team on crypto-to-fiat card

"By combining Visa's global reach with dtcpay's Web3 expertise, we are empowering consumers and businesses who use dtcpay to convert their digital currencies into fiat and make digital payments seamlessly."

Customers to benefit from NAB collaboration with AWS

The collaboration with AWS is a major investment and is another important step in continuing to embed NAB’s multi-cloud approach.

Contactless takes the lead for Canadian in-store payments

The number of contactless payments in Canada increased by 17% in 2023 to reach 63% of all in-store transactions.

JPMorgan in talks to take on Apple's credit card portfolio from Goldman Sachs

JPMorgan Chase is in discussion with Apple about taking over the computer giant's credit card programme from Goldman Sachs.

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