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The Central Bank of Nigeria has halted account opening for new customers for four fintechs, including Kuda Bank, Moniepoint, OPay, and Palmpay.
financial services, fintech, digital onboarding, KYC, fraud management
Russia has decided on a strict ban on crypto circulation to bolster the ruble amidst geopolitical tensions.
cryptocurrency, Ethereum, Bitcoin, digital assets, regulation
Reem Finance (RF), a UAE-based financial services provider, has joined forces with Visa to introduce innovative digital payment solutions.
partnership, digital payments, financial services, contactless payments, e-wallet
HSBC has partnered with PayPal to introduce quantum-safe cryptography in the payments industry to address future cybersecurity threats.
partnership, cybersecurity, quantum threat, payments
UK-based compliance company Sovos has introduced its Indirect Tax Suite, an integrated solution that modernises how companies meet indirect tax obligations.
compliance, e-invoicing, ERP, product launch
The European Banking Authority (EBA) has unveiled a comprehensive Opinion aimed at tackling the evolving landscape of payment fraud within the European Union.
payment fraud, data, regulation, SCA, PSD3
Phos has partnered with cloud platform for global card processing, Silverflow, to help businesses leverage a solution for accepting contactless payments directly to mobile devices.
partnership, SoftPOS, banks, PSP, cloud, financial services
Foreign exchange and cross-border payments provider Crown Agents Bank has partnered with business platform Invest Africa.
partnership, cross-border payments, payments , online payments
SuperUs, an Indian tech Original Equipment Manufacturer (OEM), has introduced a new product called the Dynamic QR Code device, combining the functionalities of a cash terminal and checkout terminal.
digital payments, UPI, transactions , NPCI
Zumo, a digital assets platform, has formed a strategic partnership with the Crypto Carbon Ratings Institute (CCRI).
carbon footprint, digital assets, blockchain, environement changes
US-based ePayPolicy has partnered with US Premium Finance to streamline insurance financing, introducing Finance Connect for seamless online transactions.
insurance, BNPL, checkout optimisation , partnership
Neonomics has announced its partnership with Qvik in order to scale Open Banking services to customers across the region of the Nordics and the UK.
partnership, banking, Open Banking, Open Finance, online banking, mobile banking, digital banking, financial services, financial institutions
Abu Dhabi Islamic Bank (ADIB) and Visa have announced Visa Installments Solution (VIS) is officially live for ADIB covered cardholders in the UAE.
instalment payments, Visa, payments , partnership, Islamic banking, merchants
UK-based payment service provider TerraPay has entered a strategic collaboration with VM Money Transfer Services (VMTS) in a bid to increase financial inclusion in Jamaica.
partnership, financial inclusion, remittance, cross-border payments, online platform, online payments
Joanna Schoneveld, Interac’s Fraud Management Leader, discusses how blending traditional boxing moves with fraud-fighting tips can help Canadians defend themselves against scams.
fraud detection, fraud prevention, online banking, mobile banking, scam
Taiwan-based Advantech has announced its acquisition of France-based POS and KIOSK brand company Aures Technologies, aiming to solidify its global footprint.
acquisition, partnership, expansion, supply chain finance, retail
EdfaPay has obtained a license and approval for its financial payment solutions in the Tunisian market through its arm WePay in cooperation with We-Settle.
payments , financial services, Open Banking, Open Finance, expansion
UK-based alternative finance company Capify has secured a GBP 100 million credit facility for development plans and providing SMEs with working capital.
funding, investment, banking, online banking, mobile banking, digital banking, financial services, financial institutions, SMEs
Microsoft Tier 1 Gold partner Sci-Net has secured a GBP 700,000 loan from NatWest to grow its customer portfolio.
lending, financial services, funding, banking
UK-based neobank Cashaa, which provides banking services for crypto businesses has revealed its intention to shutter its business banking division.
neobanks, startup, cryptocurrency, financial services, banking