12/16/2022
Blue to debut a fintech super app for Iraq and the Middle East
It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the Iraqi market.
Retail Banking
12/15/2022
Visa pledges to invest $1 billion in Africa
The investments will also focus on strengthening the payment ecosystem through new innovations and technologies, supporting digitisation of economies, and investing in upskilling, talent development and capacity building.
12/15/2022
American Express Sets up New Innovation Center in Singapore
Over time, American Express said that it will be looking to expand the focus area of the center to develop AI, ML and NLP technology use cases to support its growth.
12/15/2022
Bank of England outlines plans to preserve wholesale cash distribution
The Bank says the current system was designed for a world with higher cash usage
12/14/2022
As card use soars, UK retailers demand urgent intervention on interchange and scheme fees
As a proportion of total money spent, cash accounted for just 8% of consumer spend (down from 15%), while credit cards rose slightly to 23%, and debit cards rose significantly to 67%.
12/14/2022
Santander advertises for 750 tech jobs
The hiring spree comes after a 2019 commitment to invest €20 billion in digital and technology over four years.
12/14/2022
Wise plans 250 US hires
The company recently announced that its North America revenue grew 58% to £85.5 million for the first six months of financial year 2023, compared to the same period last year.
12/14/2022
42Flows.Tech, Skaleet to expand offering to Europe
Being a SaaS-based platform, the solution enables flexibility and gives customers the option of creating an efficient ecosystem that can orchestrate interactions between financial services and tech players.
12/14/2022
HSBC partners Extend to enable virtual cards for US SMBs
Thousands of businesses use Extend to easily create, send, and manage virtual cards, and ultimately control spending across their organizations.
12/13/2022
Walmart fintech unit preps BNPL play
In September, Bloomberg reported that the world's largest retailer was gearing up to beta test
12/13/2022
Walmart fintech unit preps BNPL play
In September, Bloomberg reported that the world's largest retailer was gearing up to beta test a digital checking account with employees and customers, with lending and investing products expected to follow.
12/13/2022
Starling and Lloyds join Code First Girls
Technology is only ever as good as the people that build it
12/12/2022
QR code payments firm Matera makes US move
It can even do large batches of codes for a single customer.
12/12/2022
NatWest adds Confirmation of Payee to open banking payments
"Without CoP, these name checks would usually be done manually and result in a time-consuming laboursome process that is open to error. Now through the use of Payit, customers can do these automatically."
12/12/2022
New UK bank Ashman live with Mambu’s core banking tech
We’ll be entirely digital, focused on delivering speed and a personalised service to our intermediary partners and clients.
12/09/2022
Marqeta Announces Integration with Mastercard Track Instant Pay Virtual Card Solution
Marqeta will become the first processor to integrate with Track Instant Pay in the U.S., enabling its customers to authorize supplier payments and manage cash flow more quickly and seamlessly.
12/09/2022
Indonesia’s BI-FAST to Expand Its Real-Time Payment Services and Banks Participation
Additionally, BI-FAST also expects its number of participants to continue expanding including additional multi-tenant aggregators, from the leading national switches of Indonesia.
12/09/2022
Veem partners Finastra to equip banks with digital AP and AR solutions
Veem’s AP and AR services may be accessed directly through Finastra’s Fusion Digital Banking, where users can navigate seamlessly to Veem’s payments network and perform their transactions.
12/09/2022
Art Basel ATM puts balances on leaderboard
MSCHF co-founder Daniel Greenberg told NPR: "ATM Leaderboard is an extremely literal distillation of wealth-flaunting impulses.
12/08/2022
Starling add virtual cards and updated Spending Insights to money management suite
Starling Bank intends to roll out virtual cards to Business Current Account users in 2023.