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UK-based payment services provider TerraPay has partnered with Banco G&T Continental to advance cross-border remittances in Central America.
partnership, cross-border payments, remittance, banks
TerraPay and Diamond Trust Bank Uganda have announced a partnership to expand international money transfers and strengthen financial inclusion in Uganda.
money transfer, financial inclusion, credit access, cross-border payments, partnership
Banking-as-a-Service (BaaS) and Embedded Finance enabler Ukheshe has acquired EFTCorp to expand its fintech presence in Africa.
acquisition, fintech, merger, BaaS, embedded finance
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
UK-based global issuer-processor Paymentology has partnered with Moneythor in order to offer banks data-driven personalisation and improved engagement.
partnership, banking, online banking, digital banking, mobile banking, financial services, financial institutions, financial data
Banking-as-a-Service (BaaS) and embedded finance enabler Ukheshe has announced a partnership with Diamond Trust Bank (DTB) to provide a BaaS platform in East Africa.
partnership, banking, fintech, BaaS, embedded finance, API, paytech, financial services, financial inclusion, digital banking
Paymentology, a global issuer-processor company, has announced its partnership with a Kenyan technology company, Boya, aiming to simplify expense management for businesses in Kenya.
partnership, online payments, spend management, fintech
Japan-based payment brand JCB has partnered with the Joint Stock Commercial Bank for Foreign Trade of Vietnam to launch the Vietcombank JCB platinum credit card.
credit card, cashback, product launch, JCB, loyalty programme
Professor Karen Elliott, Chair of Practice in Finance/FinTech, discusses the key role academia plays in accelerating the development and growth of fintech innovation
fintech, financial services, metaverse, financial inclusion
Mastercard has been on fire and we are here to figure out how and why. In the last two weeks alone, the global card scheme made a flurry of announcements coming from quite different parts of the global payments and fintech ecosystem.
partnership, product launch, embedded finance, ecommerce, loyalty programme, cryptocurrency, B2B payments, contactless payments
US-based ride-hailing operator Uber has partnered up with Marqeta, Mastercard, and Branch to launch Uber Pro Card.
partnership, product launch, ecommerce, payment methods, payments
American ride-hailing operator Uber has announced it is shutting down its free loyalty programme, Uber Rewards, with plans to focus on its subscription-based Uber One membership.
ecommerce, mobile payments, loyalty programme, delivery, ride sharing
US-based ridesharing company Uber has launched a driver debit card in tandem with a checking account in a bid to expand its workforce.
debit card, product launch, cashback, loyalty programme, MasterCard
Top banks in Kenya have raised a red flag over an expected significant drop in net earnings of USD 11 mln for the year 2020, due to the rise of mobile money.
mobile money, card payments, COVID-19, telcos, banks, Kenya, mobile payments
elumeo, jewellery market, luxury market, AML, ML, jewellery industry
Viva Wallet has set a definitive agreement for the acquisition of online lender Praxia Bank.
Viva Wallet, Praxia Bank, acquisition, financial services
dLocal, Nigeria, South Africa, merchants, cross-border payments, Africa, emerging markets
dLocal, a fintech company specialising in cross-border payments for emerging markets, has expanded its payments network to include Nigeria and South Africa.
dLocal, South Africa, Nigeria, Africa, merchants, payment methods, cross-border payments
The Wall Street Journal has revealed that Punjab National Bank had been defrauded USD 556 million from a borrower, Bhushan Power & Steel.
Punjab National Bank, fraud, scam, borrower, banks, the Reserve Bank of India, loan, bankruptcy, accounts, scandal, supply chain, liquidity, credit, fraudulent activity
We interviewed Jordan Graison, Limonetik, to learn more about the opportunities that payment companies can benefit from in Africa
Africa, Limonetik, Jordan Graison, ecommerce, payments , fintech, payment method, credit card, Amazon, Jumia, Visa, bank, PSD1, MasterCard, M-Pesa, cash, e-wallet, Central African Economic and Monetary Community