03/30/2023
Open banking payments more than doubled YoY in 2022
More than seven million customers and small businesses are using open banking-enabled products in the UK.
Retail Banking
03/29/2023
Visa and Mastercard reportedly in talks to acquire Pismo
News reports state that the firm is working with Goldman Sachs on a potential sale at a reported valuation of $1 billion.
03/29/2023
Apple Pay Later launches
Repayments are made in four equal instalments, spread over six weeks with no interest and no fees.
03/28/2023
NALA Receives Payment Service Provider License From Central Bank of Tanzania
The company’s $1million investment comes after receiving the licence to power product innovation in Tanzania.
03/28/2023
Danish fintech Inpay to expand in UK market
Inpay underwent a major transformation during 2022.
03/27/2023
Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
Additionally, the partnership will result in a wide range of digital payment solutions being introduced in Tanzania.
03/27/2023
Western Union Money Transfer Index Reveals Remittance Trends Across Africa
The research found that 62 per cent of Africa’s consumers receive money transfers at least once a month or more.
03/24/2023
B2B spend fintech Qashio launches in Saudi with Alinma Bank
The two firms say it is the first time that a Saudi bank has joined hands with a fintech company to provide solutions to its corporate banking customers.
03/23/2023
Earned wage access platform Rain raises $116m
Rain says that employers have seen up to 80% reduction in turnover among staffers using the app and improved job satisfaction and engagement by 86% of users.
03/23/2023
Fintech launches UK’s first debit card to help people with dementia
Sibstar is the UK’s first debit card and app designed specifically to help people living with dementia.
03/23/2023
GoHenry to issue WWF-approved wild card designs for eco-conscious kids
All cards can be personalised with the child’s name and will be available for one year, with additional designs planned for later in 2023.
03/23/2023
Visa finds more consumers using digital apps for remittances
At the same time, a large share of remittance users consider app-based digital payments to be the most secure method for sending money internationally.
03/22/2023
Merchants National Bank to digitize lending with Teslar
Merchants National Bank has a diverse loan portfolio, offering commercial, real estate and agricultural lending.
03/22/2023
Panera Bread trials Amazon palm reading tech
Amazon One is a great option for guests who want a quick and convenient way to sign up for our MyPanera loyalty program
03/22/2023
Berlin B2B buy now, pay later outfit Mondu launches in the UK
The company is also expanding its C-suite with the appointment of Eric Weijs
03/21/2023
Fiserv combines technology stack with Central Payments' API marketplace
For those with established card programs, this provides access to more comprehensive and regulated core banking and payment services.
03/21/2023
Curve debuts wearable payments tech
Curve’s founder and CEO, Shachar Bialick comments: “Our work with Digiseq will help us bring Curve payments to wearable technology that people already use every day.
03/20/2023
GoCardless integrates with Zapier to automate payment processes
The collaboration adds to GoCardless’ roster of more than 350 partners.
03/17/2023
FCA takes aim at payment firms over 'unacceptable' risks
The letter highlights a number of common failings at payment firms regarding the safeguarding of customers' money in the event of insolvency, including inadequate reconciliation processes and a lack of processes for identifying which funds are '
03/17/2023
PXP Financial, Mastercard and Payall team on cross-border payments
This collaboration offers inclusive payment capabilities that enable PXP Financial's customers to send funds to their partners, employees and suppliers safely, efficiently and more conveniently than ever.