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British Caribbean Bank Limited (BCB) has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernise its core and transform its back-office operations.
cloud services, cloud, API, banking, financial services, partnership
British Airways has chosen Amadeus as its technology partner and Amadeus Nevio, a suite of AI-based modular solutions, to deliver the airline’s Offer and Order strategic goals.
retail, digitalisation, artificial intelligence, customer experience
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer
US and UK authorities have analysed cryptocurrency transactions exceeding USD 20 billion that flowed through a Russia-based virtual exchange.
cryptocurrency, financial sanctions, cryptocurrency exchange, transactions , compliance, regulation
PayPoint has announced its inclusion as a supplier on the Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.
payments , Open Banking, fintech, expansion
UK-based Lloyds Bank has entered a partnership with British payments company PayPoint Group to become its main card acquiring partner.
partnership, credit card, debit card, banking, financial services
The Paypers sat down with Ezechi Britton, CEO of the Centre for Finance, Innovation, and Technology (CFIT), to discover more about the organisation’s mission to enable Open Finance in the UK.
Open Finance, Open Banking, fintech, marketplace, SMEs, regulation, data privacy, data protection, FCA
Global technology company Wise has obtained a Type 1 licence in Japan to support higher transaction limits.
transactions , fintech, financial services, product upgrade
British multinational universal bank Barclays has decided to sell around USD 1.1 billion worth of credit card debt to private equity firm Blackstone.
credit card, partnership, acquisition, banks, equity
REISS has partnered with Teamwork Commerce to deploy Mobile POS across US stores in a bid to improve in-store efficiency and customer experiences.
POS, partnership, retail, customer experience, mobile payments
Fintech startup KogoPAY has announced a Memorandum of Understanding (MoU) with Siam Commercial Bank
(SCB), aiming to deliver improved cross-border financial services.
cross-border payments, cross-border ecommerce, online payments, mobile payments, travel payments, QR payments
Revolut, the British fintech company, has introduced phone plans in the UK, marking a unique move within the financial sector.
fintech, super app, digital banking, mobile banking, mobile payments
UK-based fintech Atlantic Money has received green light to expand its money transfer services across the US, Canada, and Australia.
money transfer, remittance, expansion, regulation, compliance
Lars Hupel from Giesecke+Devrient reveals the secret technical ingredients that make CBDC wallets achieve their goals, in a safe manner.
digital currency, digital wallet, CBDC, encryption, security token
The Financial Times has obtained documents that showcase Iran’s efforts to evade sanctions by using accounts at two of the UK’s largest banks.
banks, financial sanctions, regulation, compliance
UK-based fintech Kriya has received a new GBP 50 million funding facility from Viola Group to enable it to power over GBP 1 billion of B2B payments by 2026.
B2B payments, funding, fintech, BNPL, cash flow
Netherlands-based neobank bunq has announced its plan to expand in the region of the UK, after submitting an application for an EMI licence in the area.
expansion, banking, online banking, mobile banking, digital banking, neobanks, financial services, financial institutions
Phoebe Zhou, Head of Emerging Payments, Europe at HSBC, discusses how AI, DLT, and APIs are shaping the future of payments by improving efficiency, reducing costs, and fostering innovation for businesses and consumers.
payments , Open Banking, embedded payments, DLT
Toby Evans, Head of Economic Crime at AusPayNet, discusses how private-public collaboration and adopting a toolbox approach can prevent fraud globally.
fraud detection, fraud management, online fraud, Card-not-present fraud, fraud prevention, ecommerce, APP fraud, online payments, payments , real-time payments, digital payments, CBDC, digital currency, generative AI, scam, cybercrime, money laundering, CNP fraud, data sharing
Germany-based B2B BNPL payments provider Mondu has raised EUR 30 million in a debt financing round from Vereinigte Volksbank Raiffeisenbank (VVRB).
investment, B2B payments, BNPL, partnership, online payments, marketplace