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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

Brankas awarded Open Banking bata license by Bank Indonesia

News | Online & Mobile Banking | 22 Apr 2024

Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).

Open Banking, digital payments, bank account, API, settlement

Mastercard launches mobile virtual card application

News | Payments General | 19 Apr 2024

Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure. 

product launch, payments , mobile payments, digital payments, online payments, ecommerce

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

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

Klarna launches Wikipink

News | Payments General | 05 Apr 2024

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

Google files lawsuit against crypto scammers

News | Cryptocurrencies | 04 Apr 2024

Google has filed a lawsuit against a group of crypto scammers for allegedly defrauding more than 100,000 people via the Android app store.

cryptocurrency, online fraud, cybersecurity, cryptocurrency exchange

GrabPay cards discontinued for Singapore and Philippines users

News | Payments General | 04 Apr 2024

From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.

financial services, transactions , e-wallet, digital wallet

GCash partners with PayPal to help freelancer get paid

News | Mobile Payments | 01 Apr 2024

Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.

SMEs, mobile payments, money transfer, ATM, digital wallet

FV Bank announces additional currency deposit options

News | Online & Mobile Banking | 22 Mar 2024

FV Bank, a licensed global digital bank, has announced an expansion in its deposit capabilities that gives clients the option to deposit euros into their USD bank account.  

transactions , FX , banking, bank account, product upgrade

Bybit launches the Bybit Card in Australia

News | Cryptocurrencies | 12 Mar 2024

UAE-based cryptocurrency exchange Bybit has expanded the availability of the Flywallet-issued Bybit Card to Australia.

cryptocurrency exchange, product upgrade, expansion, cryptocurrency

Tech-driven compliance: Insights into sanctions screening and transaction monitoring

Interviews | Digital Identity, Security & Online Fraud | 12 Mar 2024

Adam McLaughlin from Nice Actimize emphasises the crucial distinction financial institutions need to make between efficiency and effectiveness in adopting technology, as compliance goes beyond mere checkbox activities.

compliance, financial crime, financial institutions, transaction monitoring, Sanctions Screening, fintech, data, artificial intelligence, machine learning, risk management

CFPB lowers credit card late fees to USD 8

News | Online & Mobile Banking | 08 Mar 2024

The Consumer Financial Protection Bureau has finalised a rule that bans excessive credit card late fees, lowering typical fees from USD 32 to USD 8. 

regulation, credit card, credit card fraud, payments , online payments, ecommerce, banking

Ahrvo Labs partners with MX Technologies

News | Digital Identity, Security & Online Fraud | 07 Mar 2024

Ahrvo Labs has partnered with MX Technologies in order to provide US-based customers with improved identity verification and transaction risk management solutions. 

partnership, fraud management, identity verification, identity theft, identity fraud, digital identity, transaction fraud, KYC, KYB

Real-Time payments: Driving global economic growth, financial inclusion, and cross-border innovation

Interviews | Payments General | 05 Mar 2024

Craig Ramsey, Head of Real-Time Payments at ACI Worldwide, shares real-time payment trends and predictions for 2024

real-time payments, payment processing, fraud prevention, debit card, credit card

Loyalty fraud in the airline industry – key insights and specificities

Voice of the Industry | Digital Identity, Security & Online Fraud | 01 Mar 2024

Michael Smith, board advisor at Airline Information, dives into the intricacies of loyalty fraud in the airline industry.

fraud management, fraud detection, loyalty programme, account takeover, fraud prevention

How payment orchestration keeps banks at the forefront

Voice of the Industry | Online Payments | 29 Feb 2024

Rob Lincolne, Co-CEO and Founder of Paydock, provides insights into how payment orchestration can help banks remain competitive.

cross-border payments, ecommerce, merchants, payments orchestration, fintech, banks, API, Open Banking, paytech, card scheme, financial institutions

inDrive launches integrated financial services product for drivers

News | Online & Mobile Banking | 28 Feb 2024

Mobility and urban services platform inDrive has launched inDrive Money, offering cash loans to drivers operating on its platform in Mexico.

lending, financial inclusion, product launch, credit card, expansion

Klarpay launches exclusive Entrepreneur Accounts solution

News | Payments General | 28 Feb 2024

Switzerland-based fintech Klarpay has announced the launch of its new Entrepreneur Accounts for business founders, UBOs, and senior management members. 

product launch, payments , online payments, mobile payments, digital payments, ecommerce

Numeral launches Swift payments

News | Payments General | 22 Feb 2024

France-based banking aggregation and payment automation platform Numeral has announced that it now supports Swift payments. 

payments , cross-border payments, SEPA, Bacs payment, platform, financial institutions