Managers of Wealth Fintech

JPMorgan Set to Establish Commercial Bank in Singapore

Through this global push, JPMorgan will have a presence in 28 countries by year end with the addition of an Israel office as well.

CVV-free Payments Launch ‘Goes Beyond User Convenience’: Cashfree Payments Brings Feature to India

CVV-free payments also maintain the highest level of security, ensuring compliance with the Reserve Bank of India (RBI) regulations.

Iberbank and CaixaBank launch payment platform partnership

This will help to create a critical mass of users, enabling the widespread adoption of this new functionality and the development of new instant and digital payment solutions.

Lloyds Bank sets up tech centre in Hyderabad

The Lloyds Technology Centre will be based in Hyderabad and will employ 600 tech, data and cyber security specialists by the end of 2023.

Amazon teams up with YouLend to offer SME customers revenue-based financing

UK-based SMEs on Amazon can apply for loans of between £500 and £2m, with repayments tied to future sales.

Wise launches instant access savings account paying 4.12%

Wise has 16 million customers globally and is currently processing c.£9bn in cross-border transactions every month.

Bankable buys embedded finance firm Arex Markets

Early use cases for the combined offering are being rolled out in the B2B wholesale travel sector

GHL Enables Alipay+ for Over 2,600 Thai Businesses

The local businesses to benefit from this initiative come from a wide range of tourism industries, from retail, F&B to hospitality and attractions nationwide.

Virtusa Corporation partners with Icon Solutions

The Icon Payments Framework is a low-code, cloud-native, open-source framework that can be used by banks to create their own payment processing solutions.

Customers Bank Acquires $631MM Venture Loan Portfolio, Recruits Venture Banking Team

The newly recruited team will give clients access to the capital to grow from innovation to maturity and leverage a technology platform to support growth.

BBVA taps AWS for new data platform

AWS Lake Formation and Amazon DataZone will be used for building, managing, and securing access to the data platform, ensuring data governance and compliance.

Space Coast Credit Union increases automated approvals with MeridianLink

With MeridianLink Insight, SCCU was able to identify areas of the loan origination process

Mastercard partners Bankiom to issue virtual prepaid cards across GCC region

This partnership marks a significant stride in Mastercard's ongoing commitment to advancing digitalization in the payments landscape throughout the region.

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

The digital payments group is looking to reach full-year profitability after achieving monthly profitability in the first half of 2022.

Payments Canada further delays launch of real-time payment system

The RTR is part of a multi-year modernisation of Canada’s payments infrastructure.

PayPal Ventures invests in Latin American e-commerce outfit nocnoc

The firm says that it helps addresses the cultural, logistical and financial obstacles on behalf of merchants, allowing global brands and online retailers to easily sell their products in previously inaccessible markets.

Payments fintech Atoa raises $6.5m to rival Mastercard and Visa

The fintech’s seed round was led by Peter Thiel’s Valar Ventures.

Spanish fintech ID Finance launches crowdfunding campaign

The firm has previously carried out two crowdfunding campaigns on Crowdcube, raising nearly €8.9 million.

Most Singaporeans View Cashless Payments as the Most Eco-Friendly Choice, Says Visa

The Visa Consumer Payment Attitudes study highlighted the increased importance consumers in Singapore place on sustainability, environmental values and societal causes.

Banks are becoming "museums of technology" says ex-Barclays boss

Banks often mistake transformation for innovation

Retail Banking