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Amazon Pay explores credit services on the UPI platform in collaboration with NPCI

News | Payments General | 18 Apr 2024

Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).

payments , digital wallet, UPI, Amazon, transactions , partnership

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

The threats and opportunities of the AI revolution in compliance

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Apr 2024

Paola Cristina Nunez Ameri, CRCO and AMLCO, at Citibank Europe: ‘Artificial Intelligence has arrived, our job is to implement it ethically and responsibly.’

compliance, artificial intelligence, banks, AML, KYC, transaction monitoring, risk management

Nium becomes a Financial Service Provider in New Zealand

News | Payments General | 17 Apr 2024

US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.

regulation, financial services, payments , PSP

BIAN expands its network

News | Online & Mobile Banking | 17 Apr 2024

Independent not-for-profit standards association BIAN has announced the development of its network, as well as its commitment to optimising its banking solutions. 

expansion, banking, online banking, mobile banking, digital banking, financial services, financial institutions

WSFS Bank launches Early Pay

News | Online & Mobile Banking | 17 Apr 2024

US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.

product launch, ACH, online banking

EBA, EIOPA and ECB establish a common governance framework

News | Digital Identity, Security & Online Fraud | 17 Apr 2024

The EBA, EIOPA and ECB have established a common governance framework to collaborate on the DPM 2.0 Standard.

partnership, regulation, online security, compliance

Orange Money and Jordan Post join forces

News | Payments General | 17 Apr 2024

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

Rapid Finance joins forces with SoFi's Galileo

News | Payments General | 17 Apr 2024

Rapid Finance has partnered with Galileo Financial Technologies to announce the launch of the Rapid Access Mastercard. 

financial services, financial inclusion, partnership, payments , SMEs, MasterCard

Tuum expands in the Middle East and launches Regional HQ at ADGM

News | Online & Mobile Banking | 17 Apr 2024

Tuum has announced its expansion into the Middle East, as well as the development of a Regional HQ at ADGM in the region of Abu Dhabi. 

expansion, product launch, banking, online banking, mobile banking, digital banking, SaaS, financial services, financial institutions

RBI to issue an additional licence framework

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

The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem. 

payments aggegator license, KYC, fraud management, fraud prevention, POS

Mastercard partners with VoPay

News | Payments General | 16 Apr 2024

Mastercard has partnered with Canadian fintech VoPay in order to provide customers with the possibility to move money quickly and securely with Mastercard Move. 

partnership, cross-border payments, cross-border ecommerce, payments , online payments, mobile payments, digital payments, ecommerce

UK Finance proceeds with RLN experimentation phase

News | Online & Mobile Banking | 16 Apr 2024

Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. 

digital payments, online banking, digital banking, fraud management, fraud prevention, tokenization

Smart Transfer to be launched for Brazilian customers

News | Online & Mobile Banking | 16 Apr 2024

The Brazilian Open Finance has gained access to Smart Transfer to optimise adherence to the data-sharing system between FIs created by the Central Bank. 

product launch, Open Finance, Open Banking, online banking, digital banking, mobile banking, financial services, financial institutions

Nubank to introduce its mobile operator services

News | Online & Mobile Banking | 16 Apr 2024

Brazil-based financial services platform Nubank has announced its plans to go beyond providing banking services and launch its own mobile phone operator company. 

mobile banking, online banking, mobile payments, fintech

German bank LBBW to offer crypto custody services with Bitpanda

News | Cryptocurrencies | 16 Apr 2024

German federal bank Landesbank Baden-Württemberg (LBBW) has set to offer crypto custody services through a partnership with Austria-based exchange platform Bitpanda.

cryptocurrency, Bitcoin, Ethereum, digital assets, cryptocurrency exchange

Worldline and RiskQuest partner

News | Payments General | 16 Apr 2024

Worldline, a global provider of payment services, has announced a partnership with RiskQuest, a Netherlands-based risk consultancy firm and part of the Zanders Group.

partnership, Open Banking, SMEs, API, banks

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

MTS Bank announced IPO in push for development

News | Online & Mobile Banking | 16 Apr 2024

Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process. 

product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Mastercard expands partnership with Equity Bank

News | Payments General | 15 Apr 2024

US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users. 

partnership, cross-border payments, transactions , financial services, expansion, remittance