10/17/2023
Marqeta and Scalapay partner to expand BNPL across Europe
Marqeta will issue virtual cards for Scalapay’s five million users to get loan approval and instantly make purchases
Retail Banking
10/16/2023
76% of payments providers are frustrated with the lack of VRP progress
Nuapay research suggests that more work is needed for variable recurring payments to live up to their potential
10/13/2023
Axis Bank and Fibe team on Inda's first numberless credit card
The contactless card - which has no joining or annual fee - can be linked to India's UPI and is accepted at offline stores and digital platforms.
10/13/2023
77 Bank digitises branch customer service with Fujitsu tech
Moving forward, the 77 Bank plans to apply the new system to further processes and to promote the digitization
10/13/2023
Accelerated Payments hits €1.5bn business financing milestone
Companies decide which invoices to fund by using a simple, streamlined client portal that allows businesses to upload and select invoices for advanced funding.
10/12/2023
Japan's interbank payments network goes down, hitting 1.4 million money transfers
The Zengin platform at its peak processes 6.5 million transactions worth $81 billion every day.
10/12/2023
Instant payment fintech Lopay secures £6m to rival SumUp
Boasting instant payments and lower processing fees, the startup says it expects to process £500m in card payments in the next 12 months
10/12/2023
Fibe and Axis Bank partner to launch India’s first numberless credit card
This pioneering collaboration aims to cater to the tech-savvy Gen Z population and enhance the security and convenience of digital payments.
10/12/2023
NatWest enrolls debit cards in Mastercard's Click to Pay
NatWest has worked with Mastercard to register customer profiles and debit cards for Click to Pay, with the service coming to credit cards in the coming months.
10/11/2023
Pleo launches overdrafts to help business spend management
The fintech is also launching ‘Vendor’ cards to simplify digital payments as it moves towards becoming a holistic business finance platform
10/11/2023
Digiseq and Unlimit bring wearable payments to Rugby World Cup
Digiseq's innovative use of wearable tech is opening the gateway to countless exciting and immersive experiences for millions of sports fans
10/10/2023
Temenos Leads Evolution in Correspondent Banking as Banks Seek to Modernize Cross-Border Payments in the Cloud
Temenos solution supports the rapid addition of new payment rails and payment types, helping banks to stay ahead of market changes and grow profitable cross-border payment services
10/10/2023
Kenyan BNPL player EDOMx taps finbots.ai for credit risk management
EDOMx selected finbotsAI after an extensive evaluation of the solution.
10/10/2023
Revolut 10 launches to help customers use Revolut as a primary account
Plus a refreshed logo and visual identity for the company which now has 35 million customers
10/10/2023
Quant develops central bank-grade key management solution for blockchain transactions
Banks traditionally use key management systems that are unsuitable for blockchain, and connecting these systems to blockchain would be a huge task.
10/10/2023
TrueLayer hits one million variable recurring payments per month
Just a few months ago, the open banking payments network had processed one million VRP transactions in total since launching the feature
10/09/2023
The Payments Association Advocates for Enhanced Innovation and Collaboration in new Manifesto
The manifesto also aims to ensure that the UK successfully strikes the right balance between fostering innovation, encouraging competition and protecting consumers.
10/09/2023
Lloyds Bank Delivers Paperless Guarantee Initiative to Support UK Businesses Clients
It also enables instant delivery to recipients while reducing their carbon footprint.
10/09/2023
Ikano Bank partners with Qlik Cloud to drive digital transformation
The partnership with Qlik has led to a significant increase in the use of data and analytics across Ikano Bank.
10/09/2023
How Mastercard invests in domestic and cross-border payments
MacMullin is constantly evaluating the experiences he receives as a user, and applying those learnings to his role leading the product and platform development for the company’s operations in Canada.