Managers of Wealth Fintech

Apple offers to open up NFC payments access to settle EU antitrust probe

Apple is seeking to resolve the antitrust case brought in 2022 and avoid a fine that could run into the billions of dollars.

Wise lifts 2024 guidance as customer growth accelerates

Active customers rose 30 per cent in the last year to over 7.5 million

Latin American payments startup Pomelo raises $40m

After multiplying its payment volume sevenfold in 2023, Pomelo says it will use the new funding to double the size of its business over the next year.

Paymob secures Central Bank of Oman’s PSP license

With the PSP license in Oman, Paymob further delivers on its mission of enabling MENAP SMEs to thrive in the digital economy via access to a variety of innovative digital payment solutions.

Allied Banking Corporation migrates core banking operations to the cloud with Finastra

Allied Banking Corporation has also gone live with Finastra’s Retail Analytics solution to transform its reporting capabilities.

Iress powers Leeds Building Society’s Direct to Consumer Digital Mortgages

Customers simply need to fill in an online application and then, by leveraging MSO’s industry connectivity

Mastercard Unveils Small Business AI to Offer Unbiased Advice to ‘Diverse Entrepreneurial Needs’

Mastercard explained that modern businesses must adapt, enhance their skills and keep pace with rapidly changing consumer demand.

Adaptive and ADSS launch cloud-based retail broking platform

Adaptive’s role extends beyond the development phase, providing strategic advice, platform and user experience design

Chimoney partners with Corpay to transform global payouts

This partnership allows Chimoney’s customers to access and utilize Corpay’s cutting-edge solutions

NatWest debuts Intellectual Property-based lending for high growth businesses

This has led to a large growth funding gap for fast-growing, asset light businesses which is estimated to be as much as £15 billion annually1.

TrueLayer first to join SEPA Payment Account Access Scheme

SPAA was set up in 2021 to drive ‘open payments’ in the EU

Payments fintech Rivero secures $7m Series A

The Swiss fintech specialises in digitalising and automating payment processes

Elon Musk outlines fintech plan for X with payments launch

The social platform formerly known as Twitter wants to become a financial super-app, among other things

JustGiving taps GoCardless for open banking payments

JustGiving joins Yonder, Nude, Pillar and Plend on GoCardless’ list of open banking payment customers

Kuwait International Bank unveils KYC updates on mobile app

This aligns with the Bank’s comprehensive strategy aimed at keeping pace with digital transformation efforts and continually developing its services and products.

American Express Powers Pay With Bank Transfers for 4 Million OVO Customers

The payment itself is protected by bank-level security and is made in just a few clicks.

Andaria adopts Mastercard for embedded finance proposition

This alliance with Mastercard signifies a major milestone and a pivotal role in Andaria’s mission to enhance the quality of its card and payment solutions under the Principal membership agreement.

German neobroker Trade Republic reached profitability in 2023

A "solid double-digit million euro amount” according to CEO and co-founder Christian Hecker

10x and Mast connect to enable real-time servicing for UK mortgage market

Alongside the partnership comes an API integration guide on 10x Docs, which provides UK mortgage lenders with a quick and simple integration path.

BNPL Remains a “Wild West Unregulated Market” as Users Continue to be Unaware of Risks

Buy Now, Pay Later schemes are a form of short-term financing that allow consumers to pay for their shopping over a period of weekly or monthly instalments, rather than the full amount upfront.

Retail Banking