Payments General

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World Bank approves USD 750 mln loan for India-based MSMEs

Payments General | 08 Jul 2020 12:17 CET | India

The World Bank has approved a loan of USD 750 million to help increase the flow of finance into the hands of MSMEs in India.
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Fintech Wagestream secures EUR 22 mln

Payments General | 08 Jul 2020 11:22 CET | United Kingdom

UK-based Wagestream, a fintech that allows workers to access earned income in real time, has secured EUR 22.
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Payment HSM as a Service available with direct integration to Microsoft Azure

Payments General | 08 Jul 2020 11:14 CET | World

MYHSM, a payments HSM Service provider, has announced that customers of the Microsoft Azure platform can access the MYHSM Payment HSM service.
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Danske Bank extends partnership with Nordic API Gateway to boost banking experience

Payments General | 08 Jul 2020 11:10 CET | Denmark

Nordic API Gateway, a Nordic open banking platform, has extended its partnership with Danske Bank to enable customers to pay from other banks within Danske Bank’s mobile banking app....

SBM Bank to offer smarter payments solutions through Mastercard Send

Payments General | 07 Jul 2020 13:22 CET | India

India-based SBM Bank has partnered with Mastercard to restructure domestic and cross-border payments and remittances through Mastercard Send. 
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Egypt-based banks add IBAN standard for cross-border transactions

Payments General | 07 Jul 2020 13:00 CET | Egypt

Banks operating in the Egyptian market have started using the International Bank Account Number (IBAN) standard to facilitate cross-border transactions.
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Paysafe rolls out online cash payments solution in Bulgaria

Payments General | 07 Jul 2020 12:51 CET | Bulgaria

UK-based payment service provider Paysafe has launched its Paysafecash solution in Bulgaria to enable online retail cash purchases. 
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AMK teams up with EMQ to support cross-border money transfer in Southeast Asia

Payments General | 07 Jul 2020 11:01 CET | Asia

AMK, a provider of microfinance services in Cambodia, and EMQ, a global financial settlement network, have teamed up to facilitate cross-border money transfer across Southeast Asia. 
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moneycorp Americas expands to Canada to offer global payment and FX hedging products

Payments General | 07 Jul 2020 09:02 CET | Canada

moneycorp Americas, a global payments and currency risk management provider, has expanded to Canada to offer global payment and FX hedging products to private and corporate customers....

InstaReM expands fintech solution for SMBs to Australia

Payments General | 07 Jul 2020 08:49 CET | Australia

InstaReM, a consumer and SMB brand under global fintech platform Nium, has launched SMB fintech solution BizPay in Australia.

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Deutsche Bank, Google sign multi-year, strategic partnership

Payments General | 07 Jul 2020 08:41 CET | Germany

Deutsche Bank has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients....

AMTD Digital to acquire Singapore-based digital payments company FOMO Pay

Payments General | 06 Jul 2020 14:37 CET | Singapore

AMTD Digital is set to acquire a controlling stake in FOMO Pay, a Singapore-based digital payments company.
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British fintech ELPASO to roll out banking services in the EU for Ukrainian businesses

Payments General | 06 Jul 2020 10:16 CET | Ukraine

Electronic Payment Solutions (ELPASO) has announced plans to launch banking services for Ukrainian entrepreneurs.

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Britain's accounting watchdog demands Big Four to ring fence auditing

Payments General | 06 Jul 2020 09:49 CET | World

Britain’s accounting watchdog has advised PwC, Deloitte, KPMG, and EY to ring fence auditing as a separate business by June 2024 to improve the quality of auditing....

Lydia announces new partnership with Younited Credit

Payments General | 06 Jul 2020 09:44 CET | France

French startup Lydia has teamed up with Younited Credit, a fintech that enables users to borrow anything between EUR 500 and EUR 3,000 and pay back within 6 to 36 months....

Starling Bank seeks GBP 35 mln in competition funding

Payments General | 03 Jul 2020 13:29 CET | United Kingdom

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.
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BNP Paribas goes live with SWIFT gpi for Corporates Pay and Trace service

Payments General | 03 Jul 2020 12:59 CET | World

BNP Paribas has extended its gpi capabilities with the launch of the g4C Pay and Trace service.
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Japan to review bank transfer fees

Payments General | 03 Jul 2020 10:28 CET | Japan

Japan’s government has announced plans to conduct a review of bank transfer fees.

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LivQuik joins Visa's Fintech Fastrack Programme

Payments General | 03 Jul 2020 09:21 CET | India

LivQuik, a Future Group backed payments technology company, has joined Visa’s Fintech Fastrack Programme in India....

WorldRemit launches remittance services in Somalia

Payments General | 02 Jul 2020 12:40 CET | Somalia

WorldRemit, the global online money transfer service provider, has announced the launch of its remittance services in Somalia.
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RBS rolls out SME payment tool in Scotland

Payments General | 02 Jul 2020 11:47 CET | United Kingdom

Royal Bank of Scotland (RBS) has launched a new payment tool for SMEs in Scotland to encourage digital transactions.
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RBI publishes second edition of CEE Fintech Atlas

Payments General | 02 Jul 2020 11:07 CET | Europe

Raiffeisen Bank International (RBI) has announced the launch of the second edition of its CEE Fintech Atlas....

Fiserv launches conversational banking to assists FIs connect with customers

Payments General | 02 Jul 2020 10:59 CET | United States

Fiserv, a global provider of financial services technology solutions, has rolled out conversational banking solution to support financial institutions engage consumers....

MFS Africa purchases digital PSP Beyonic

Payments General | 02 Jul 2020 10:16 CET | Africa

Fintech MFS Africa has acquired Beyonic, a digital payments services provider for enterprises in Africa.
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O-CITY joins the Visa Ready for Transit Program

Payments General | 01 Jul 2020 13:52 CET | World

BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. 
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