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US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.
product launch, ACH, online banking
Rapid Finance has partnered with Galileo Financial Technologies to announce the launch of the Rapid Access Mastercard.
financial services, financial inclusion, partnership, payments , SMEs, MasterCard
Fintech Codat has launched its Supplier Enablement data product for businesses to easily share their spend and supplier data from ERP systems and account software.
virtual card, ERP, data, spend management, B2B payments
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
Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Victims of an investment fraud scheme in China have sought to recover USD 4.3 billion in Bitcoin held by the United Kingdom’s Government.
compliance, fraud management, fraud detection, cryptocurrency, crypto, crypto asset, Bitcoin
US-based modern money movement systems provider Finzly has been certified for compliance with ISO 20022 messaging standards for Fedwire.
ISO 20022, banking, online banking, digital banking, mobile banking, financial services, financial institutions
The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity
Santander has launched a new national, digital offering in the region of the United States under the Openbank brand, aiming to improve customer experience.
Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand.
acquisition, digital wallet, e-wallet, BNPL, credit scoring
Finzly, a provider of money movement systems to financial institutions, has announced the launch of Account Galaxy, a solution designed to equip banks to participate in the embedded banking sector.
embedded finance, fintech, financial services, digital banking
As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.
KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy
Synovus has launched AccelerateTM Pay, allowing commercial banking clients to initiate account payable payments using multiple payment types and reducing reliance on checks.
accounts payable, B2B payments, banking, digital payments
The BIS and seven central banks have partnered with the private sector to explore tokenisation's impact on the monetary system.
tokenization, central bank, distributed ledger technology, cross-border payments
Canada-based fintech infrastructure company Brim Financial has secured USD 85 million in a Series C funding round.
funding, investment, fintech, Open Banking
UK-based LHV Bank has increased its share capital by GBP 21 million in a bid to support its growth endeavours.
investment, funding, banks, expansion
At MPE Berlin 2024, we interviewed Mike Goodenough, Banking Services Consultant at LHV, to learn more about the tech-focused bank and how its solutions are shaping the future of digital banking and payments.
banking, retail banking, digital banking, SEPA, SEPA Direct Debit, online payments, online platform, financial services, financial inclusion, financial data, banking license, instant payments, fintech
Mono has partnered with Mastercard, to introduce Mono's DirectPay Pay with Bank on the Mastercard Payment Gateway System (MPGS).
payment gateway, partnership, account-to-account payment, Open Banking
Bangladesh-based Mutual Trust Bank (MTB) has announced its plans to launch biometric payment cards based on IDEX Pay, IDEX Biometrics’ solution.
biometrics, biometric authentication, credit card, debit card, product launch, payments