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Ethiopia passes law to Open Banking to foreign competition

News | Online & Mobile Banking | 18 Dec 2024

Ethiopia's parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment.

regulation, Open Banking, banking, Open Finance

Onramp Funds teams up with SHOPLINE

News | Online & Mobile Banking | 18 Dec 2024

Onramp Funds, a funding provider supporting the growth of ecommerce businesses, has partnered with SHOPLINE, a platform offering commerce services.

banking, fintech, cash, ecommerce, financial services

DeepTarget introduces AImail

News | Online & Mobile Banking | 18 Dec 2024

DeepTarget has announced the launch of its full-service solution AImail, aimed at enabling community banks and credit unions to achieve optimised marketing tools.

product launch, banking, financial services, financial institutions

MTN awaits SARB approval for banking licence acquisition

News | Payments General | 17 Dec 2024

MTN, a communications company operating across Africa, has planned to acquire a banking licence once the SARB (South African Reserve Bank) allows fintechs and NBEs independent access to its national payments system.

payments , fintech, financial institutions, banking, banking license

Tietoevry Banking integrates Visa B2B Connect into its payment hub

News | Payments General | 17 Dec 2024

Tietoevry Banking has announced the integration of Visa B2B Connect, a Visa Direct offering, into Tietoevry Payment Hub.

partnership, B2B payments, cross-border payments, financial services, banking

Publicis Sapient teams up with OneSavings Bank

News | Online & Mobile Banking | 16 Dec 2024

Publicis Sapient and OneSavings Bank have joined forces to launch a digital savings platform, released to the public in October 2024, with the move supporting OSB's digital advancement.

banking, fintech, partnership, fintech solutions, financial services

Upbound Group to acquire financial inclusion app Brigit for up to USD 460 million

News | Online & Mobile Banking | 16 Dec 2024

Upbound Group has announced it has entered into a definitive agreement to acquire Brigit, a financial health technology company, for up to USD 460 million.

acquisition, banking, financial services, financial inclusion

CFPB adjourns overdraft loophole to decrease fees for US residents

News | Online & Mobile Banking | 13 Dec 2024

The Consumer Financial Protection Bureau (CFPB) has announced the removal of an overdraft loophole that made overdraft loans immune to lending regulations.  

scheme fee, regulation, banking, banks, financial services

equipifi partners with Synergent to expand credit union access to BNPL platform

News | Payments General | 13 Dec 2024

equipifi has announced its partnership with Synergent in order to expand credit union access to its BNPL platform and optimise the member experience.

partnership, payments , BNPL, banking, credit access

Beacon partners with BMO to improve money transfer services

News | Online & Mobile Banking | 12 Dec 2024

Beacon, a financial services provider focusing on immigrants to Canada, has begun using services from Bank of Montreal to streamline cross-border money transfers.

financial inclusion, financial services, banking, cross-border payments

FirstOntario Credit Union partners with Temenos for an optimised digital experience

News | Online & Mobile Banking | 11 Dec 2024

FirstOntario Credit Union has announced its partnership with Temenos in order to enhance the digital experience for its members and customers.

partnership, banking, financial services, financial institutions

AB Bank reintroduces its internet banking app, AB Direct

News | Online & Mobile Banking | 10 Dec 2024

AB Bank has relaunched its internet banking application, AB Direct, and four new offerings: AB Ilham, AB Amani, and the Kotipoti Deposit Scheme.

banking, fintech, financial services, banking services, banking app

BitOasis receives a full Virtual Asset Service Provider licence from VARA

News | Cryptocurrencies | 09 Dec 2024

BitOasis, a broker-dealer platform for trading virtual assets in the MENA region, has acquired a full Virtual Asset Service Provider (VASP) licence from VARA.

cryptocurrency, fintech, banking, financial services, financial institutions

EQT and Financial Technology Partners look into selling Banking Circle

News | Online & Mobile Banking | 06 Dec 2024

EQT, together with Financial Technology Partners (FT Partners), has announced its plans to sell Banking Circle, a tech-driven payments bank. 

online banking, digital banking, cross-border payments, financial services, banking

SBS partners with Red Hat to support digital transformation

News | Online & Mobile Banking | 06 Dec 2024

SBS, a financial technology provider, has partnered with Red Hat to support banks and financial institutions' digital transition.

banking, fintech, partnership, strategy, financial data

Sage Intacct boosts SMB growth with new features and upgrades

News | Online & Mobile Banking | 06 Dec 2024

Sage, a provider of accounting and financial technology, has announced the launch of Sage Copilot in the US and UK on the Sage Intacct platform.

banking, fintech, online bank, financial institutions, generative AI

Zopa raises USD 85 million in equity funding

News | Online & Mobile Banking | 06 Dec 2024

UK neobank Zopa has announced the raise of USD 85 million in equity funding, aiming to accelerate its development journey and meet the expectations of clients.

funding, investment, banking, IPO, financial services

Snowdrop Solutions partners with BigPay to optimise banking experience in Thailand

News | Online & Mobile Banking | 05 Dec 2024

Snowdrop Solutions has announced the expansion of its partnership with BigPay in order to improve the banking customer experience in Thailand.

partnership, banking, customer experience, financial services

Revolut launches eSIMs in Singapore

News | Online & Mobile Banking | 05 Dec 2024

Revolut has launched eSIMs in Singapore, aiming to offer customers a secure and efficient way to avoid unexpected data roaming charges while traveling in the region. 

product launch, expansion, banking, travel payments

WPS Advisory partners with Moneyhub to launch financial advice app

News | Online & Mobile Banking | 05 Dec 2024

WPS Advisory has announced its partnership with Moneyhub to launch an app that will make financial advice accessible and cost-effective for customers and employees.

partnership, product launch, banking, financial services