Managers of Wealth Fintech

Thunes extends its Series C to $72m with Visa backing

The fintech powering global payments initially raised $60m led by hedge fund Marshall Wace.

TrustPay and IXOPAY join forces

TrustPay offers a comprehensive range of payment services

Wise buoyed by rising interest rates and customer growth

Last month Wise reported a tripling in financial profits from £43.9m in 2022 to £146.5m for the year ending March 2023.

Payment Service Provider ‘InstaPay’ to Begin Adding Fees for Transactions in 2024

The application relies on data and encryption security ensuring the restriction of access to any data between the client and their bank.

Fidesmo and Wearonize team up

This collaboration aims to establish a new standard for contactless payments, offering a more scalable solution for both issuers and wearable manufacturers.

Imagin to restore orange coral in Med for every customer that directly deposits their paycheck

The application adheres to the defining traits that have made it the go-to bank for young people.

Payhawk opens office in Lithuania

Payhawk is hiring highly experienced professionals for its new Vilnius office.

Canadian Tire Bank moves to Temenos Cloud

Canadian Tire Bank has a digital-first strategy to enhance customer acquisition

Moss selects GoCardless for UK push

Working with GoCardless will also help Moss on the back end.

Flutterwave Tackles Payment Challenges for African Students to Overseas Schools

High transaction costs, limited access to banking services, currency exchange rates and security concerns are just some of the challenges to contend with when making African payments to overseas schools.

How Small Banks Can Seize Tech Opportunities And Compete

I also see smaller banks as more agile and able to more quickly adapt.

Emirates NBD revamps digital bank Liv with new value proposition targeting Gen Now

It is the first digital bank to introduce The Bonus Multiplier Account, with a gamified structure and rewarding customers for their loyalty, giving them a 3% increment on their salaries every month.

American Express Note ‘Uplift’ in SME Owner Confidence for Future; Despite ‘Challenging’ UK Economy

The annual American Express barometer survey of 1,000 UK SME decision-makers found that 35 per cent think running a business has become harder over the last year.

Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK

This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform.

Evolve and BT join forces to take pain out of payment processing

By aggregating multiple payment transactions, the acquirer or payment processor is presented with a single interface.

Citi Commercial Bank launches digital client platform

Clients can also digitally open accounts and request new products and services.

VR, AR and the future of payments

As a technology, VR - and with it augmented reality (AR) - is still in its relative infancy.

FOO works with Infinios to deliver digital-first card issuing platform

The Digital First Card Platform is designed to enhance digital offerings for businesses across industries, ultimately improving the end user’s customer experience.

Revolut lost $20 million to criminals exploiting payment loophole

The fault was detected in late 2021 by a partner bank to Revolut in the US, and was corrected in Spring 2022.

BofE taps Nuggets for digital pound privacy layer

Now, the firm is being asked by the central bank to design a private and secure system that prevents the tracking and correlation of transactions, as well as stop fraud and money laundering.

Retail Banking