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Betterment to acquire digital investing accounts from Goldman Sachs

News | Payments General | 23 Apr 2024

US-based investing and savings app Betterment has announced it reached an agreement with Goldman Sachs to acquire Marcus Invest’s digital investing accounts.

investment, acquisition, digital assets, digitalisation

Splitwise joins forces with Tink

News | Online Payments | 23 Apr 2024

US-based expense splitting software Splitwise has entered a collaboration with Tink in a bid to provide the latter’s Pay by Bank service to its users. 

partner, partnership, mobile banking, online banking, payments , account-to-account payment, Open Banking

Waave launches 'Wallet' with biometric access for Pay by Bank

News | Online & Mobile Banking | 18 Apr 2024

Australia-based fintech Waave has introduced ‘Wallet’ to house its Pay by Bank product, a real-time account-to-account payment method with biometric security access.

Open Banking, account-to-account payment, biometrics, payment methods, fraud prevention

Canada moves forward with Open Banking framework legislation

News | Online & Mobile Banking | 18 Apr 2024

The Canadian government has revealed its plans to introduce a legislation to establish the foundational elements of an Open Banking Framework.

Open Banking, regulation, financial services, data sharing

Frictionless payments: adopting technological advancements to tackle security concerns

Voice of the Industry | Payments General | 18 Apr 2024

Ray Shinzawa, Managing Director at JCB International (Europe), discusses how merchants can adopt technological advances to offer frictionless payments and address security concerns.

payments , credit card, merchants, digitalisation, contactless payments, mobile payments, e-wallet, digital wallet, tokenization, biometric authentication, 3-D Secure, compliance, customer experience

Tencent augments payment experience for China visitors

News | Mobile Payments | 16 Apr 2024

Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.

mobile payments, digital wallet, QR code, cross-border payments, e-wallet

iDEAL introduces profile creation

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

Online payment method iDEAL has announced that it introduced profile creation capabilities, which allow accelerated and more secure checkout experiences. 

product launch, product upgrade, online payments, checkout optimisation , ecommerce

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

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

Revolutionising European payments: Brite Payments interview

Interviews | Online Payments | 05 Apr 2024

Lena Hackelöer, CEO of Brite Payments, explores the rise of Pay by Bank and the future of instant payments, leading the charge in Europe's digital economy.

online payments, mobile payments, payments , instant payments, Open Banking

Xoom allows US users to fund transfers with PYUSD stablecoin

News | Cryptocurrencies | 05 Apr 2024

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

Transforming digital banking and instant payments: the LHV story

Interviews | Online & Mobile Banking | 04 Apr 2024

At MPE Berlin 2024, we interviewed Mike Goodenough, Banking Services Consultant at LHV, to learn more about the tech-focused bank and how its solutions are shaping the future of digital banking and payments.


banking, retail banking, digital banking, SEPA, SEPA Direct Debit, online payments, online platform, financial services, financial inclusion, financial data, banking license, instant payments, fintech

AT and T suffers data breach impacting millions

News | Digital Identity, Security & Online Fraud | 02 Apr 2024

AT&T has suffered a data breach: personal information belonging to 73 million current or former AT&T customers has been exposed online.

data breaches, data protection, dark web, cybersecurity, cybercrime

RBC completes HSBC Bank Canada acquisition

News | Online & Mobile Banking | 02 Apr 2024

Royal Bank of Canada (RBC) has completed the acquisition of HSBC Bank Canada in a bid to expand the country’s international banking capabilities.

acquisition, merger, banks, financial services

Alaan signs a five-year deal with Visa

News | Payments General | 28 Mar 2024

UAE-based corporate card solution Alaan has signed a five-year deal with Visa to digitise expense management processes for businesses.

partnership, product upgrade, fintech, payments

LUXHUB launches Payee Verification Platform

News | Digital Identity, Security & Online Fraud | 19 Mar 2024

Europe-based Open Banking service provider LUXHUB has announced the launch of its Payee Verification Platform, aiming to simplify the implementation of the VoP mandate.  

online security, regulation, PSP, IBAN, digital verification, Open Banking

A balancing act: perfecting customer experience amidst evolving payment regulations

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Mar 2024

LexisNexis® Risk Solutions experts Edward Metzger and Emilio Rocchi discuss PSD3, emphasising innovative fraud solutions for EU payment security while prioritising a balance between customer experience and safety.

PSD3, PSR, regulation, compliance, fintech, Open Banking, PSP, TPP, payments , paytech, data, instant payments, data privacy, APP fraud, fincrime, risk management

FedNow launches user group for collaboration

News | Online Payments | 15 Mar 2024

The Federal Reserve Financial Services (FRFS) has announced the establishment of a FedNow User Group for financial institutions and their service providers. 

product launch, financial institutions, financial services, instant payments

GoCardless to acquire Nuapay

News | Online & Mobile Banking | 15 Mar 2024

UK-based bank payment company GoCardless has announced its agreement to acquire Nuapay, with the transaction being subject to regulatory approvals.  

acquisition, PSP, Open Banking, account-to-account payment, online banking

Klarna to launch Open Banking settlements in the UK

News | Online & Mobile Banking | 14 Mar 2024

AI-enabled payments network and shopping assistant Klarna has announced the launch of an Open Banking-powered settlement in the UK. 

Open Banking, banking, settlement, online banking, mobile banking