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Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license.
startup, fintech, regulatory sandbox, digital payments, cross-border payments
AI-powered global payments network and shopping assistant Klarna has expanded its partnership with Expedia Group to the US market.
partnership, expansion, artificial intelligence, travel payments
Apple has announced that its offer to open up a tap-and-go tech mobile payments system is to be approved by EU antitrust regulators in May 2024.
compliance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
product launch, BNPL, credit card, payment methods, expansion
Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.
mobile payments, digital wallet, QR code, cross-border payments, e-wallet
Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation phase with eleven of its members.
digital payments, online banking, digital banking, fraud management, fraud prevention, tokenization
Online payment method iDEAL has announced that it introduced profile creation capabilities, which allow accelerated and more secure checkout experiences.
product launch, product upgrade, online payments, checkout optimisation , ecommerce
Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
J.P. Morgan Chase has announced the launch of a new unit entitled Chase Media Solutions, in order to allow advertisers to target customers based on spending data.
product launch, payments , adverse media, banks, online banking, mobile banking, digital banking, financial services, financial institutions
UK-based cashflow management platform multifi has partnered with US-based data network Plaid to support SMEs in the UK.
cash flow, cash management, partnership, SMEs
Alex Volk explores innovative payment solutions tailored for businesses facing legal restrictions or limited bank card use. From P2P transfers to QR codes and crypto wallets, discover how these alternatives enhance transaction success and streamline the customer journey.
QR payments, P2P payments, cryptocurrency, payments , transactions , payment methods, cryptocurrency exchange, merchant, regulation, banks
Yes Bank and IDFC First Bank have implemented an additional charge on utility transactions during statement cycles commencing from 1 May 2024.
credit card, transactions , chargebacks, financial services
Qatar Islamic Bank (QIB) has rolled out the Himyan debit card, a national initiative by the Qatar Central Bank (QCB) to foster a cashless society and facilitate transactions.
debit card, digital payments, contactless payments, product launch, financial inclusion
Hong Kong-based crypto exchange HKVAEX has decided to withdraw its licence with the Securities and Futures Commission.
regulation, compliance, cryptocurrency, cryptocurrency exchange
Intuit QuickBooks has announced the launch of its QuickBooks Line of Credit solution in order to provide small businesses with more options to access capital.
partnership, product launch, funding, banking, online banking, mobile banking, digital banking, financial services, financial institutions
The Bank of Japan has announced its decision to set new short-term rate targets, as well as the overall ending of some of the region’s policies.
product launch, interest rate, banks, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Web3 wallet MetaMask has partnered with CoinLedger to allow its users to export their tax information via the latter’s tax reporting software, with a single click.
tax bill, cryptocurrency, digital wallet, web3, partnership
The UK regulators have announced that they intend to extend the investigation time for payments if fraudulent activity or dishonesty is suspected.
regulation, online security, APP fraud, fraud management, fraud detection
Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe.
banking, product launch, interest rate, digital banking