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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
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
Network International has partnered with fintech Souhoola to equip merchants with Buy Now, Pay Later (BNPL) capability on the networkpay POSs in Egypt.
BNPL, merchants, financial inclusion, POS, instalment payments
SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.
financial inclusion, wealth management, digital banking, partnership
KamelPay has partnered with Network International (Network) in an exclusive five-year processor agreement.
partnership, digital payments, fraud detection, financial inclusion
IFC has announced its partnership with DBS in order to launch a USD 500 million facility and promote trade flows in global emerging markets.
partnership, product launch, crypto, trade finance, financial services, financial institutions
Arab Financial Services has announced its partnership with ACI Worldwide in order to drive payment modernisation for FIs, banks, and merchants in the Middle East.
partnership, payments , digitalisation, online payments, mobile payments, digital payments, ecommerce
Netherlands-based financial technology platform for businesses Adyen has entered a collaboration with Adobe Commerce, aiming to provide flexible payment solutions.
digital payments, online payments, partnership, customer experience, financial services
Germany-based fintech Riverty has partnered with Netherlands-based Adyen to launch a 14-day invoice solution in the DACH region.
partnership, product launch, fintech, e-invoicing
Adyen has announced its partnership with Cleeng in order to accelerate the development of subscription payments and retention in the MENA region.
partnership, online payments, mobile payments, digital payments, payments , ecommerce
Coronation Group, Access Holdings, Safaricom, and M-PESA Africa have formed a strategic partnership to provide remittance corridors in Africa.
remittance, financial inclusion, partnership, mobile money, money transfer
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
Network International has partnered with Mastercard to use its AI-powered Brighterion solution to protect merchants from the Middle East and Africa from fraud.
partnership, fraud management, fraud detection, fraud prevention, artificial intelligence, machine learning
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
Global management consulting firm Bain & Company has acquired European provider of artificial intelligence (AI) solutions PiperLab.
acquisition, artificial intelligence, machine learning, data analytics
Payments technology solutions provider Financial Software & Systems (FSS) has expanded the BLAZE platform to the Middle East.
product upgrade, expansion, cloud services, PSP
Craig Ramsey, Head of Real-Time Payments at ACI Worldwide, shares real-time payment trends and predictions for 2024
real-time payments, payment processing, fraud prevention, debit card, credit card
The education platform of Dubai, DIFC has recently announced a new partnership with the Global Cyber Alliance (GCA) to provide professionals and organisations with the necessary tools and knowledge to address cybersecurity problems and risks that impact small businesses.
partnership, cybercrime, cybersecurity, fraud detection, online fraud, fraud prevention, scam, digitalisation, financial crime, fintech, global hub, funding, compliance, regulation
Mesh Payments' co-founder and CEO, Oded Zehavi, discusses their new Travel Management solution and the changing business travel landscape in 2024.
travel payments, spend management, corporate card, digital payments
Egypt-based fintech MoneyHash has raised USD 4.5 million in a seed funding round co-led by COTU Ventures and Sukna Ventures.
payments orchestration, funding, fintech, investment