08/15/2023
IWallet to roll out real-time check deposits via FedNow
The real-time mobile check deposit provides businesses instant payments and peace of mind if a transaction is completed or if it failed.
Mobile Banking
08/15/2023
Mastercard buys minority stake in MTN fintech business
The deal follows an earlier $100 million investment by Mastercard two years ago in MTN's chief rival Airtel Africa.
08/14/2023
Monzo Pension? Digital bank plots move into retirement savings
Monzo currently offers cash savings accounts but has long been rumoured to be building out a fuller suite of wealth products as part of its profitability push.
08/11/2023
UK government advances towards Open Banking payments for public services
A focal point of this expansion is the intention to extend the reach of GOV.UK Pay.
08/11/2023
Yonder partners with Smart Pensions to make workplace pensions simpler for international employers
The partnership with Smart is Yonder’s second workplace retirement offering since it launched earlier in the year.
08/11/2023
Revolut prioritises financial inclusion in expansion into LATAM
Current users in Chile have transferred £1.2 million, with an average transaction amount of £800.
08/08/2023
US credit card fintech Petal secures $200m debt facility
VPC is a strong supporter of Petal’s mission to make responsible, modern financial services available to everyone
08/08/2023
Making Good on the Promise of Open Banking Requires Technology and Solid Execution
Globally, the open banking market is expected to grow to $43 billion by 2026 from its value of $7 billion in 2018.
08/08/2023
Tabit and Jifiti team on embedded lending proposition for Canadian B2B
The solution is powered by Jifiti’s robust embedded lending platform and white-labeled for the merchant.
08/07/2023
Mobile wallet top-ups decline by just over $31 million
The regulator further noted that as a result, person-to-person (P2P) transactions contracted by 20.2 percent compared to the same period in 2022.
08/07/2023
Banking scam — international crime syndicate targets South Africans using smartphones
The banking ombud, Reana Steyn, has sounded an alert after her office recently received about 124 near-field communication (NFC) fraud-related complaints.
08/07/2023
PLS selects Green Dot for emebedded finance
PLS’ ability to offer customers a full range of both traditional and alterative financial services in a single outing provides substantial value to its customers.
08/03/2023
First Federal Savings & Loan of San Rafael signs with Bankjoy
The bank plans to implement Bankjoy’s newly enhanced Online Account Opening solution, which will enable a fully automated, secure and streamlined onboarding experience for new customers while helping First Federal grow deposits.
08/03/2023
Apple Card Savings reaches $10bn in deposits
The tech giant’s 4.15 per cent savings account in partnership with Goldman Sachs has boomed over the past four months.
08/02/2023
Flutterwave Enhances Send App With US and Canada Remittance Support
The app has also added Egypt and Senegal as the newest recipient countries in its network.
08/02/2023
Skipify and AmEx partner to ease checkout process
The firm says that customers benefit from not needing to manually enter their payment and billing details
08/02/2023
CMC Markets rolls out TrueLayer payments in the UK and Europe
With TrueLayer payments, customer details are also instantly pre-populated and have strong customer authentication (SCA) built in, further reducing friction and the risk of fraud.
08/01/2023
KIB launches all-new state-of-the-art corporate online banking platform
customers can tailor their Corporate Online Banking experience to match their role within their organization
08/01/2023
European Depositary Bank appointed by Aarna Capital to deliver Digital Banking solutions
Clients such as Aarna Capital can open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated money market sweeps from a single online dashboard.
07/31/2023
Plaid to Introduce Instant Payouts with FedNow Support, in Collaboration with Cross River Bank
Cross River will be among the first bank partners to offer support for Plaid’s real-time payment solutions