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The AFM has raised concerns about minors accessing BNPL services, despite a Code of Conduct by Billink, In3, Klarna, and Riverty to prevent such access.
BNPL, regulation, age verification, payments , financial services
International remittance company Viamericas Corporation has launched international bill pay in Guatemala to streamline cross-border bill payments.
remittance, product launch, expansion, cross-border payments
Royal Bank of Canada (RBC) has completed the acquisition of HSBC Bank Canada in a bid to expand the country’s international banking capabilities.
acquisition, merger, banks, financial services
Australian Payments Plus (AP+), a provider of digital identity solutions via ConnectID, has announced and welcomed the passage by the Senate of the Digital ID Bill.
digital identity, identity verification, identity fraud, identity method, fraud prevention
Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.
Issuer, banks, fintech, payment methods, prepaid card
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa.
product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion
Hank Payments has partnered with FinWise Bank in order to optimise customer banking by delivering improved loan management, saving, and credit access services.
partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Egypt-based digital transformation and fintech platform Fawry has partnered with PayMe to support e-payments for Egyptian expatriates.
partnership, online payments, digital payments, fintech, digitalisation
Lloyds Bank has joined the WaveBL electronic trade documentation platform, to unlock new trade efficiencies and sustainability benefits for its clients by using eBLs.
banking, digital banking, digitalisation, partnership
Nigeria-based digital bank FairMoney has entered discussions to buy Umba, another Nigeria-based digital bank Umba, in a USD 20 million all-stock deal.
acquisition, expansion, digital banking, lending, financing
Billhop has announced its partnership with Eurocard in order to streamline the payables processes for businesses and clients within the Nordic region.
partnership, accounts payable, payments , online payments, mobile payments, digital payments, B2B payments, ecommerce
API-first fintech Monite has secured a EUR 6 million seed round, in order to optimise its Embedded Finance solutions and expand in the US.
funding, investment, banking, online banking, mobile banking, digital banking, financial services, financial institutions, embedded finance
Bahrain-based mobile wallet for digital financial transactions stc pay has announced its collaboration with the Electricity and Water Authority (EWA).
payments , mobile payments, partnership, digital payments, financial inclusion
US-based financial technology provider Fiserv has announced the expansion of its CheckFreePay network for in-person bill payments to NCR Atleos’ ATM network.
digital payments, cash, ATM, payments , merchant
Kavita Kovvali, Worldpay: In 2023, gaming thrived; for 2024, operators face tougher competition, requiring a focus on fraud prevention, mergers, innovation, and optimisation amid cyberattacks and changing payment methods.
fraud prevention, gambling, payments , Augmented Reality, payment methods, digitalisation
MENA-based consumer technology holding group Astra Tech has partnered with Al Etihad Payments to offer support for the Aani instant payments platform.
partnership, product launch, instant payments, fintech
PayTabs Group has announced its partnership with Nearpay in order to provide customers from the region of Jordan with an optimised Soft POS payment experience.
partnership, payments , SoftPOS, online payments, mobile payments, digital payments, ecommerce, digital wallet
India-based Paytm has suffered a significant dip in its market valuation following an order issued by the Reserve Bank of India.
banks, compliance, regulation, payments
Financial technology platform for businesses Adyen has announced a partnership with financial operations platform BILL.
partnership, fintech, financial services, financial institutions