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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
UK-based used car dealer Walker Car Sales has chosen EchoPay’s Open Banking payment solution to cut card-related costs.
account-to-account payment, Open Banking, QR code, POS, payment processing
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
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
Global payment network provider GLN International has entered a collaboration with SendMn and QPay in a bid to enable cross-border QR payments in Mongolia.
partnership, payments , QR payments, QR code, financial services
Sweden-based fintech 6G Digital has bought a 25% stake in Singapore-based fintech FlexM Global for USD 12.5 million to augment the banking and money transfer landscape.
fintech, acquisition, money transfer, financial inclusion, banking
iDenfy has partnered with SCOPE FinTech Solutions to augment fintech security in response to the expanding European market and rising threat of financial fraud.
identity verification, fraud prevention, digital onboarding, KYC, AML
EU-based payment system operator Tempo France has announced its decision to suspend classical remittance services and exclude them from its product suite.
remittances, money remittance, KYC, stablecoin, web3, DeFi
Latvia-based multi-asset firm Mintos has announced its intentions to introduce a crowdfunding campaign on Crowdcube, a European private market investment platform.
crowdfunding, funding, investment, financial services, wealth management
Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
Global financial technology company FIS has announced its collaboration with Stratyfy, aiming to improve its SecurLOCK card fraud management solution.
fraud management, fraud prevention, credit card fraud, transaction fraud, online security
Digital bank Monzo has engaged in advanced talks to sell a USD 50 million stake to Singapore’s Government Investment Corporation.
funding, digital banking, acquisition, fintech, neobanks
France-based digital payments company Worldline has entered a strategic partnership with payment firm Opn to solidify its presence in the Asian ecommerce market.
partnership, online payments, ecommerce, cross-border ecommerce, cross-border payments
UK-based mobile business account ANNA has announced that it acquired Australia-based GetCape, a fintech company that functions as a business spend management platform.
SMEs, acquisition, debit card, credit card, digital payments, spend management
Open Identity Exchange (OIX) and Daon have released a new UK based research in cross channel identity and biometric solutions.
digital identity, online security, research, biometrics, partnership
The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app.
banking license, online banking, banks, mobile banking, digital banking
To make a CBDC secure, Lars Hupel from Giesecke+Devrient outlines the approach necessary to achieve a high degree of resilience while allowing the CBDC to cater to plenty of use cases.
CBDC, cryptocurrency, digital assets, online security, digital wallet, double-spending, encryption
Banco do Brasil has partnered with Germany-based Giesecke+Devrient in a bid to make offline payments with digital money a reality in Brazil.
partnership, payments , online security, financial inclusion
xpate has announced its partnership with Mambu in order to offer customers in Europe optimised payment solutions by using the latter’s cloud banking platform.
partnership, product launch, payments , online payments, mobile payments, digital payments, cloud, cloud services, cloud payments, cloud banking
Hank Payments has partnered with FinWise Bank in order to optimise customer banking by delivering improved loan management, saving, and credit access services.
partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions