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Biance enters Uzbekistan's crypto-asset market

Cryptocurrencies | 24 Jan 2025 14:50 CET | Uzbekistan

National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP) has authorised Biance, a crypto industry player, to offer services in the country....

Entrust launches new AI-powered face biometric authentication tool

Digital Identity, Security & Online Fraud | 24 Jan 2025 14:16 CET | World

Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity....

MoneyHash secures USD 5.2 million in Pre-A funding round

Payments General | 24 Jan 2025 14:16 CET | World

Egypt-based fintech company MoneyHash has obtained USD 5.2 million in a Pre-A funding round, with the company planning to leverage the funds to further expand its capabilities. ...

Karmen obtains EUR 9 million to support its revenue-based financing solutions

Online & Mobile Banking | 24 Jan 2025 14:01 CET | France

France-based startup Karmen has obtained a EUR 9 million funding round, with the company planning to leverage the capital to optimise its instant financing solutions. ...

Nubank introduces 4% annual returns for USDC holders in Brazil

Cryptocurrencies | 24 Jan 2025 13:31 CET | Brazil

Brazil-based digital bank Nubank has decided to extend a feature that offers a 4% annual return on holdings of the stablecoin USD Coin (USDC)....

Fusion Bank enters commercial cooperation with WeBank

Online & Mobile Banking | 24 Jan 2025 12:41 CET | Hong Kong

Hong Kong-based Fusion Bank has entered into a commercial partnership with WeBank Technology Services, a subsidiary of WeBank. ...

Zumo report highlights gaps in MiCA sustainability preparedness

Cryptocurrencies | 24 Jan 2025 12:33 CET | United Kingdom

Zumo has released a report examining how well crypto-asset service providers are prepared for MiCA, with a particular emphasis on sustainability requirements....

Core Payment Solutions launches new POS system for businesses

Payments General | 24 Jan 2025 12:17 CET | United States

Core Payment Solutions, a provider of merchant services, has launched a new point-of-sale (POS) system designed for restaurants and retail businesses....

UK-based Aslan secures USD 5 mln seed funding

Online & Mobile Banking | 24 Jan 2025 11:59 CET | United Kingdom

UK-based financial wellbeing platform Aslan has successfully closed an oversubscribed USD 5 million seed funding round. ...

Sikoia Partners with Tandem Bank to streamline income verification

Online & Mobile Banking | 24 Jan 2025 11:03 CET | United Kingdom

UK-based fintech company Sikoia has entered into a partnership with Tandem Bank to automate aspects of income verification and document management....

TBC Uzbekistan launches monthly subscription service Payme Plus

Payments General | 24 Jan 2025 10:49 CET | Uzbekistan

TBC Uzbekistan, a digital banking ecosystem in Central Asia and part of TBC Bank Group, has launched Payme Plus, a monthly subscription service that offers access to financial and lifestyle products....

TWINT partners with SWISS to optimise travel payments in Switzerland

Online Payments | 24 Jan 2025 09:27 CET | Switzerland

Switzerland-based payment app TWINT has partnered with airline SWISS to support users in the region to make flight bookings leveraging their preferred options of payment. ...

Cenomi Centers partners with Visa to revamp a loyalty programme

Payments General | 24 Jan 2025 09:27 CET | Saudi Arabia

Cenomi Centers, an operator of retail destinations in Saudi Arabia, has announced a collaboration with Visa, a global provider of digital payment solutions....

Bold Commerce grows PayPal integration to OpenCart and more

Ecommerce | 24 Jan 2025 09:26 CET | World

Bold Commerce, provider of checkout solutions for omnichannel retailers and direct-to-consumer (DTC) brands, has announced the launch of two new checkout integrations with OpenCart and Gravity Forms via PayPal.

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Ally Financial sells credit card business to CardWorks

Payments General | 23 Jan 2025 14:48 CET | United States

Ally Financial has announced the sale of its credit card business to CardWorks, including its wholly-owned subsidiary Merrick Bank....

HSBC shuts down Zing App a year after launch

Payments General | 23 Jan 2025 13:30 CET | World

HSBC, a personal and online banking provider, has closed Zing, its international money app focused on cross-border solutions, a year after its launch....

Pomelo Group acquires Singaporean Arrow Checkout

Payments General | 23 Jan 2025 13:30 CET | Singapore

Pomelo Group has announced its acquisition of the Singaporean fintech company Arrow Checkout, bringing talent and additional technology capabilities to its offering. ...

KakaoPay, Apple Pay fined USD 5.8 mln in South Korea

Digital Identity, Security & Online Fraud | 23 Jan 2025 12:34 CET | Korea, Democratic People's Republic of

South Korea's Personal Information Protection Commission (PIPC) has fined KakaoPay and Apple Pay a combined USD 5.8 million for breaching the country’s Personal Information Protection Act....

Sygnum partners with Societe Generale-FORGE to expand B2B offerings

Cryptocurrencies | 23 Jan 2025 12:20 CET | Switzerland

Sygnum, a digital asset banking group, has partnered with Societe Generale-FORGE to improve its business-to-business (B2B) platform....

FCA and PSR announce next steps for Open Banking in the UK

Online & Mobile Banking | 23 Jan 2025 12:16 CET | United Kingdom

The UK’s Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have outlined their next steps to advance Open Banking in the region....

audax partners with AWS in order to optimise Maybank Islamic's development

Online & Mobile Banking | 23 Jan 2025 12:16 CET | Malaysia

audax Financial Technology has announced its partnership with AWS in order to optimise and accelerate Maybank Islamic’s digital development....

Neonomics Group acquires UK-based Open Banking provider Ordo

Online & Mobile Banking | 23 Jan 2025 11:26 CET | United Kingdom

Neonomics Group has finalised the acquisition of Ordo, a UK-based provider of Open Banking payment and data services....

The Dutch Government aims to prevent BNPL in physical stores

Payments General | 23 Jan 2025 10:16 CET | Netherlands

The Dutch Government has announced its decision to prevent BNPL purchases in physical retail outlets due to the multiple financial risks they pose for clients. ...

TD Bank to sell USD 9 bln in mortgages to meet US asset cap

Online & Mobile Banking | 23 Jan 2025 09:40 CET | Canada

Toronto-Dominion Bank has reportedly decided to sell approximately USD 9 billion in residential mortgage loans to adjust its balance sheet in line with new restrictions....

21X and AllUnity to launch EU-regulated EURC on 21X platform

Cryptocurrencies | 23 Jan 2025 09:38 CET | Europe

Germany-based fintech 21X has partnered with AllUnity, a joint venture between DWS, Flow Traders and Galaxy Digital....

 

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