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UK-based Zopa has announced its its first full year of profitability, aiming to accelerate its development and to offer current accounts to customers by the end of 2024.
product launch, IPO, banking, online banking, mobile banking, financial services, financial institutions, digital banking
CoinsPaid CEO and co-founder Max Krupyshev highlights the latest trends and developments in the crypto space.
cryptocurrency, merchants, Bitcoin, online payments, MiCA
Temenos has announced the completion of the independent examination into the allegations made by Hindenburg Research, as well as the publication of its new report.
banking, online banking, digital banking, mobile banking, financial services, financial institutions, product launch
US-based security compliance and risk platform Sprinto has raised USD 20 million in a Series B funding round led by Accel.
funding, investment, compliance, risk management
UK-based fintech unicorn Revolut has gained approval from Mexico's National Banking and Securities Commission (CNBV) to establish itself as a bank in Mexico.
banking, super app, expansion, financial services
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech
Gravity Game Vision has announced its partnership with EBANX in order to optimise the Latin American gaming landscape with a modernised gameplay experience.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
US-based payment technology corporation Mastercard has planned to increase fees for credit and debit card transactions by nearly USD 250 million.
digital payments, interchange fee, credit card, debit card, merchant, ecommerce
AI-powered global payments network Klarna has announced the launch of its Wikipink product, a data hub with information on how UK clients use the company’s solutions.
product launch, data sharing, payments , credit scoring, online payments, mobile payments, digital payments, ecommerce
Shaul David, Embedded Finance Advisor: Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.
BaaS, banking-as-a-service, embedded finance, fintech, banks, payments
Enterprise commerce platform Spryker has announced the availability of Stripe on the Spryker App Composition Platform.
partnership, ecommerce, payments , fintech
Sopra Banking Software (SBS) has introduced its cloud-based Instant Payments solution, aiming to facilitate secure instant payments for consumers.
instant payments, product launch, cloud services, fintech
UK-based LHV Bank has increased its share capital by GBP 21 million in a bid to support its growth endeavours.
investment, funding, banks, expansion
Norway-based grocery retailer REMA 1000 has deployed Market Pay’s in-store payment solution across more than 100 stores, through its Pay on Site solution.
POS, retail, Android, payment methods, partnership
Yes Bank and IDFC First Bank have implemented an additional charge on utility transactions during statement cycles commencing from 1 May 2024.
credit card, transactions , chargebacks, financial services
Netherlands-based fintech Adyen has become an acquirer for the mobile payment service provider PayMe by HSBC in Hong Kong.
mobile payments, ecommerce, Acquirer, merchants, local payment method
Nuvei Corporation has announced a definitive arrangement agreement to be taken private by Advent International via an all-cash transaction.
acquisition, payments , fintech, investment
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
Sri Lanka-based Commercial Bank of Ceylon, ComBank, has recently announced a new partnership with the International Finance Corporation (IFC), to develop a supply chain financing (SCF) strategy that will help the bank to lend more to local SMEs.
lending, SMEs, SME lending, partnership, banks, financial services, financial institutions, financial inclusion, cross-border logistics, supply chain finance, funding