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Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.
card scheme, financial inclusion, cybersecurity, digital payments
US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.
product launch, ACH, online banking
M&S and HSBC UK have partnered to augment credit, payment, and loyalty solutions for customers, aiming for a seamless digital shopping experience.
credit card, loyalty programme, shopping, lending, digital payments
Finzly, a provider of money movement systems to financial institutions, has announced the launch of Account Galaxy, a solution designed to equip banks to participate in the embedded banking sector.
embedded finance, fintech, financial services, digital banking
TD Bank Group has partnered with Google Cloud to enhance banking experiences and streamline innovation, leveraging Google's secure infrastructure.
banking, cloud, data analytics, trading platform, partnership
The Monetary Authority of Singapore has launched its COSMIC platform to combat money laundering, terrorism financing, and proliferation financing around the world.
product launch, partnership, fraud management, fraud detection, fraud prevention, identity fraud, financial crime, AML
Germany-based payment processor Micropayment has partnered with Sweden-based Open Banking platform Tink to add Pay by Bank to its payment offering.
Open Banking, payment methods, account-to-account payment, merchant, payment processing
US-based payment processor Elavon has partnered with BMO to provide a payment solutions platform to the bank’s clients.
partnership, payment processing, banks, transactions
Germany-based railway company Deutsche Bahn has announced its partnership with Tink in order to offer customers optimised direct debit setups.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Singapore-based B2B embedded finance startup Fairbanc has received USD 13.3 million in debt financing to expand operations in Indonesia.
BNPL, debt facility, expansion, credit scoring, SMEs
NPCI International Payments Limited has signed an MoU with the Greek-based Eurobank in order to optimise cross-border payments using a UPI platform.
partnership, banking, payments , cross-border payments, cross-border ecommerce, ecommerce, UPI
The Reserve Bank of India has directed the National Payments Corporation of India (NPCI) to review a request from Paytm.
banks, payment processing, compliance, digital payments
Sweden-based payment services and data enrichment platform Tink has entered the register to join the SPAA scheme.
SPAA, Open Banking, instant payments, SEPA Payment Account Access Scheme
India-based digital payments app Paytm has partnered with private sector financial institution Axis Bank to support settlement of merchant payments.
partnership, payments , banking, KYC, settlement
The National Payments Corporation of India has launched a new initiative to implement a real-time payment link between India and the US.
real-time payments, cross-border payments, partnership, online payments
Al Baraka Bank has teamed up with Mastercard to introduce a range of digital payment solutions in Egypt.
tokenization, digital payments, partnership, mobile banking
India-based Yes Bank has announced its partnership with fintech startup LeRemitt in order to deliver optimised cross-border transactions for MSMEs.
partnership, product launch, payments , online payments, mobile payments, digital payments, cross-border payments, cross-border ecommerce, ecommerce
Austria-based VakifBank International has selected Intellect Global Consumer Banking’s (iGCB) Intellect Digital Core and Digital Lending to transform its overall banking experience.
digital banking, API, artificial intelligence, lending, expansion
Middle East-based payments solutions provider Magnati has partnered with AI Etihad Payments (AEP) to offer merchants an instant digital payment experience in the UAE.
partnership, digital payments, payments , SMEs, QR code
The US bank regulator OCC has imposed a USD 65 million fine on RBC’s American unit, the City National Bank, over its risk management and internal controls.
regulation, banking, online banking, mobile banking, digital banking, financial services, financial institutions