Managers of Wealth Fintech

BNPL platform Affirm quits Australia

The company rode the BNPL wave to an IPO in 2021 and has since secured deals with blue chip players including Amazon and Target.

Mercedes-Benz drivers can now pay for services by onboard fingerprint sensor

Payment from the car by fingerprint will be extended to other services such as fuelling as well as to other European markets later this year.

Weavr weaves in B2B open banking platform Comma

The deal will see Weavr retain most of Comma's workforce and give small businesses easier access to open banking.

Mastercard Supports Bahrain Banking Group With a Range of Services

Mastercard also has plans to support AUB in launching value-added services to enhance and differentiate AUB’s card propositions.

Belvo Open Finance Solution Builds on Brazil’s Pix Offering for Smoother Payments

With this open finance payment solution, users can initiate Pix payments directly inside third-party environments with less friction than traditional Pix methods, such as QR Codes or Pix Copy Paste.

FOMO Pay Now a Member of Singapore Clearing House Association

It comprises MAS and the commercial banks in Singapore that wish to become members.

Mastercard partners with Google to bring Google Pay to Kuwait

Fueling efforts to accelerate the adoption of high-security digital payments, the launch aligns with the Kuwait Vision 2035 “New Kuwait” and the country’s ongoing digital transformation journey.

Innovate Finance calls for expanded open banking to help with cost-of-living crisis

The report also calls for a cap on fees charged to release consumers’ financial data for open banking e-commerce payments

Starling picks site for new Manchester office

Manchester has also been chosen by the new Centre for Finance, Innovation and Technology (CFIT) to house a financial innovation hub that will drive the government’s ambitions to make the UK a technology and science superpower.

BIS invites comments on ISO 20022 harmonisation proposals

The ISO 20022 format is being introduced to adress these inefficencies, although its viability as a solution may be undermined by different interpretation of the specification in individual markets.

Bank of Ireland to hire 100 new tech staff

The Bank processed 366 million contactless transactions, up 41% since 2021. Over 90% of everyday product applications are now digitised.

Modern Treasury takes on Swift with Global ACH

Payments are in the midst of a massive transformation, and it's critical that we support our customers with an international footprint

Revolut finally reveals 2021 accounts showing first annual profits

Revenues became increasingly diversified for Revolut in 2021, tripling to £636m compared with 2020.

Mia-FinTech rolls out Payment Integration Hub

Businesses will be able to offer their customers the opportunity to choose their preferred payment method at the checkout for a better user experience, while a back office application will ensure that every single transaction is monitored in real time.

Retail Banking