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ANEXT Bank secures USD 148 million from Ant Group

News | Online & Mobile Banking | 26 Mar 2024

Singapore-based digital bank ANEXT Bank has secured USD 148 million in added capital from Ant Group, its parent company, as per regulatory filings tracking. 

digital banking, SMEs, SME lending, investment, funding, cross-border payments

ANEXT Bank launches API repository to boost financial inclusion for SMEs

News | Online & Mobile Banking | 13 Nov 2023

Singapore-based digital bank ANEXT Bank has strengthened financial inclusion with the launch of its ANEXT Programme and welcomed three new platform partners.

SMEs, ecommerce, cash flow, API, survey, financial inclusion

Bitwave buys crypto accounting platform Gilded

News | Cryptocurrencies | 15 Sep 2023

US-based digital asset financier Bitwave has acquired Gilded to augment accounting and enterprise solutions amid the improving clarity in accounting and tax regulations in the US.

acquisition, cryptocurrency, digital assets, regulation, payment methods

US reveals new rules for crypto tax reporting

News | Cryptocurrencies | 28 Aug 2023

The US Treasury Department has proposed a new rule that would compel cryptocurrency brokers to report on users' sales and exchanges of digital assets.

cryptocurrency, regulation, tax evasion , digital assets

Bamboo Payment Systems partners with inDrive

News | Payments General | 24 Aug 2023

Digital payments enabler platform Bamboo Payment Systems has partnered with inDrive to improve payment solutions in Latin America.

instant payments, digital payments, payment methods, digital wallet, financial institutions

ChargeAfter partners with Wells Fargo

News | Online & Mobile Banking | 17 Aug 2023

US-based multi-lender point-of-sale platform ChargeAfter has partnered with Wells Fargo to expand its embedded lender network.

partnership, POS, merchants, banking, lending, POS lending, financial services

Tabit, Jifiti to extend embedded B2B lending to Canadian merchants

News | Online Payments | 09 Aug 2023

Canada-based B2B BNPL solution provider Tabit and US-based fintech Jifiti have partnered to extend embedded B2B lending to merchants in Canada. 

partnership, lending, merchant, BNPL, instalment payments, online payments, B2B payments, embedded finance, paytech, fintech

Brazil rolls out phase 2 of Open Insurance

News | Online & Mobile Banking | 01 Mar 2023

Starting with 1 March 2023, Brazil has started the second phase of Open Insurance implementation, which will run until July 2023, according to Susep

Open Banking, regulation

Brazil and Argentina prepare to create common currency

News | Online Payments | 23 Jan 2023

Leaders of Brazil and Argentina have made a joint statement announcing their preparatory work on creating a common currency, inviting other Latin American nations to join the process.

partnership, digital currency, payments , payment methods, ecommerce

Klavi attracts new investors in Brazil

News | Online & Mobile Banking | 23 Nov 2022

Brazil-based SaaS platform for data aggregation, analytics and API services focused on Open Finance Klavi has attracted new investors for its USD 15 million Series A round, according to Finsiders

Open Banking, investment, fintech, SaaS

Bridging the gap between fiat and crypto

Interviews | Cryptocurrencies | 04 Oct 2022

Ivan Ilin, COO of NearPay shares the ABC of crypto on-ramps to enable Web 3.0 projects to reap the benefits of accepting crypto payments.

cryptocurrency, crypto, NFT, online payments, merchants, blockchain

Federal Revenue of Brazil requires tax payments on digital currency transactions

News | Cryptocurrencies | 01 Jun 2022

Brazil’s taxation body, the Federal Revenue of Brazil (RFB), has passed a law that will require investors to pay personal income tax when they exchange one digital currency for another.

regulation, digital currency, cryptocurrency, transactions , crypto

Central Bank of Brazil defines Phase 4 of Open Banking implementation

News | Online & Mobile Banking | 14 Dec 2021

On 10 December 2021, the Central Bank has released the schedule of the new phase of Open Banking in Brazil, according to infomoney.com.br

Open Banking, central bank, Open Finance, regulation

Lydia, Bitpanda partner to launch trading service

News | Cryptocurrencies | 22 Nov 2021

Lydia has agreed to a deal to offer crypto and stock trading to its 5.5 million users through a white label deal with Bitpanda, according to AltFi.

super app, partnership, cryptocurrency, trading platform, cryptocurrency exchange

Fintech startups and ecosystem trends in Romania

Voice of the Industry | Online & Mobile Banking | 30 Jul 2021

Executive Director at ROTSA (Romanian Tech Startups Association), Cristiana Bogățeanu depicts how does the fintech landscape look like in Romania

fintech, startup, COVID-19, blockchain, mobile banking, digital banking

Fighting bank fraud through Active Defense

Voice of the Industry | Digital Identity, Security & Online Fraud | 23 Jun 2021

How a novel strategy is giving banks the upper hand over bad actors by increasing the cost and complexity of online fraud

fraud management, bot attacks, online fraud, behavioural biometrics, artificial intelligence

86 400, Volt Bank, Up cut account interest rates following Reserve Bank cuts

News | Online & Mobile Banking | 20 Mar 2020

Australian neobanks 86 400, Up and Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.

Australia, neobanks, 86 400, Up, Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.

IFFCO Singapore launches trade finance platform with dltledgers

News | E-invoicing, SCF & E-procurement | 05 Nov 2019

Agribusiness company IFFCO Singapore has launched its trade finance blockchain platform developed by blockchain company dltledgers.

IFFCO Singapore, dltledgers, partnership, Standard Chartered, blockchain, trade finance, trade finance platform, Singapore, Asia, APAC, agribusiness, digitized trade documents engine

Benfica to allow crypto payments from next season

News | Cryptocurrencies | 10 Jun 2019

An unprecedented move in the Portugal-based primera liga has been revealed, with Benfica announcing that they will be accepting Bitcoin and Ethereum payments.

Benfica, crypto payments, cryptocurrency, digital assets, Portugal, Bitcoin, Ethereum, crypto currency, UTRUST, Token, payments , launch, volatility, chargebacks, credit card

Digatrade to boost fintech security with Securter

News | Digital Identity, Security & Online Fraud | 08 Mar 2019

Digatrade has executed its agreement with Securer, a company that is developing a patent-pending credit card payment platform to boost security of online credit card payment processing.

Digatrade, fintech, security, CNP transaction, Securter, data privacy