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New Zealand-based Payments NZ has submitted a request to the Commerce Commission for authorisation to work with API providers and third parties.
authorisation, Open Banking, API, banking, regulation
German-based fintech company NAGA has recently announced its merger with multi-asset trading platform Capex.com.
merger, investment, trading platform, fintech, trading app
Sweden-based fintech Brite Payments has announced the raise of USD 60 million in funding round in order to accelerate instant bank payments across Europe.
funding, investment, Open Banking, Open Finance, expansion, account-to-account payment, mobile banking, online banking, digital banking
Sweden-based fintech Brite Payments has announced a partnership with digital auction platform Auctionet to provide its users with instant account-to-account (A2A) payments.
partnership, fintech, paytech, account-to-account payment, instant payments, Open Banking, banking, reconciliation, online authentication, marketplace
A recent Juniper Research study has found that the market revenue for Banking-as-a-platform is set to grow 1,125% by 2028, reaching USD 49 billion globally.
digital banking, banks, online banking, embedded finance, payments
The UAE Ministry of Finance has launched the third phase of its Digital Procurement Platform to improve government spending efficiency and digitise the procurement process.
product launch, ecommerce, e-procurement, digitalisation, SMEs, merchants, retail, report, data aggregation, shopping, online shopping, fintech, spend management, ecommerce platform
Bankrupt US-based crypto lender BlockFi has received court approval to sell its crypto mining assets in order to be able to repay its creditors.
cryptocurrency, crypto asset, mining, lending
Starling Bank has partnered with Settld, an end-of-life admin service, to simplify account administration for those who handle the affairs of a customer who passed away.
partnership, digital banking, banks, report, SaaS
Starling Bank has agreed to acquire a mortgage book worth about GBP 500 million, as the digital challenger attempts to broaden its assets beyond COVID-19 loans.
banks, COVID-19, acquisition, challenger bank, digital banking
Worldline, acquisition, merchants, POS, online payments
ecommerce, online shopping, loyalty programme, marketplace
Mastercard, prepaid card, regulation
Goldman Sachs, GM, General Motors, credit card, WSJ, Wall Street Journal, banks, credit card business, Wall Street, bank, Barclays, credit card issuer, Capital One Financial, investment banking, trading, consumer banking, JP Morgan, Citigroup, Apple, US, COVID-19, pandemic
Trade Finance Global, BCR, financing platform, Banking Competition Remedies, Metro Bank, Nationwide, grants, Starling Bank, Coconut, Equifax
Asia Digital Bank Corporation (ADBC), which is bidding for a wholesale digital banking licence in Singapore, has signed an agreement with regtech and payment companies Austreme and Acqra.
regtech, payment company, Austreme, Acqra, Asia Digital Bank, partnership, banks, compliance
Indian cryptocurrency exchange, Shiftal, has teamed up with digital ID and credential management company, Yoti, for identity verification.
India, crypto exchange, Yoti, identity verification, digital identity, cryptocurrency, P2P payments
RBI, monetary penalty, HDFC Bank, KYC, norms, compliance, banks, due diligence, accounts
The Lagos State Public Procurement Agency has disclosed that it would commence the implementation of several modules of its e-Procurement Solution.
Lagos State Public Procurement Agency, Lagos, Nigeria, Africa, MENA, e-procurement, e-Tendering, e-Publishing/Notification, e-Bidding and e-Award
Estonian officials have indicated their intent to participate in the bidding for the Philippine Identification System (PhilSys).
digital identity, identity platform, Philippines, PhilSys, Estonia, biometrics, user data, national ID
The National Marketing Center of the Belarusian Ministry of Foreign Affairs has announced working on a model of a small-scale e-procurement platform.
Belarus, The National Marketing Center of the Belarusian Ministry of Foreign Affairs, National Marketing Center, product launch, e-procurement, e-procurement platform