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Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
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
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
UK-based Lloyds Bank has entered a partnership with British payments company PayPoint Group to become its main card acquiring partner.
partnership, credit card, debit card, banking, financial services
The Hong Kong Monetary Authority (HKMA) has revealed a new wholesale central bank digital currency (wCBDC) project.
tokenization, CBDC, digital assets, cryptocurrency
Nina Huelsken, Associate, Frankfurt at Payments Consulting Network, analyses the crucial role of borderless payments in today’s global economy.
cross-border payments, payments , remittance, financial inclusion, B2B payments, P2P payments, supply chain finance
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
MENA-based consumer technology holding group Astra Tech has partnered with Al Etihad Payments to offer support for the Aani instant payments platform.
partnership, product launch, instant payments, fintech
report, romantic scam, fraud prevention, money scam, payment fraud
Úna Dillon, VP of Advocacy at the MRC, discusses the most common ten types of fraud merchants experienced in 2023 and what they should expect for the following year.
fraud prevention, ecommerce, merchants, merchant fraud, cybercrime, chargebacks, first-party misuse, identity theft, phishing, refund fraud, account takeover, bot attacks
Raffaele Brusco of NatWest tackles VRPs in 2023, how the bank’s solutions moved past regulatory recommendations, and what must be done to bring VRPs into the mainstream.
Variable Recurring Payments, Open Banking, Open Banking payments
UK-based Bumper, a fintech company enabling flexible payments for car repairs, has completed a Series B fundraise of USD 48 million.
funding, investment, fintech, payments , digital payments
Swift has tested an interoperability solution with BNY Mellon, Deutsche Bank, and four eBL platforms to promote the adoption of electronic documents for digitising trade.
digitalisation, banks, trade finance, regulation, cross-border logistics, API
Healthcare fintech payment platform PayGround has announced that it secured USD 19.7 million in oversubscribed Series A financing led by SixThirty.
funding, investment, payments , financial services, payment methods
The third quarter of 2023 has brought forth a dynamic and ever-evolving landscape in the fintech mergers and acquisitions (M&A) market. This article will delve deeper into the key trends that are shaping the industry during this period.
merger, acquisition, fintech, banks, payments , financial institutions, partnership, ecommerce, transactions , data
Global digital payments provider Visa and Philippines-based super app GCash have partnered in a bid to drive financial inclusion.
partnership, product launch, financial inclusion, mobile payments, digital wallet, digitalisation, paytech, fintech
Wagestream has announced its acquisition of the UK-based challenger credit card startup Keebo to optimise the financial wellbeing of frontline workers.
acquisition, mobile payments, online payments, digital payments, financial services, financial institutions, financial inclusion
Fintech MonetaGo has planned to integrate with Tesselate’s hive.t to provide financial institutions the ability to detect and prevent duplicate financing fraud.
fraud detection, fintech, e-invoicing, trade finance, data analytics
UK-based startup Apron has raised USD 15 million in a Series A funding round led by Index Ventures.
funding, SMEs, e-invoicing, online banking, digital banking, Open Banking
Open Banking payments provider Trustly has announced the acquisition of recurring payments provider SlimPay to better payments for merchants and consumers in Europe and the UK.
acquisition, partnership, Open Banking, fintech, paytech, embedded finance, SEPA Direct Debit, recurring payments, account-to-account payment, merchants, data