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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
Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
UK-based regulatory compliance platform Global Screening Services (GSS) has announced that it secured USD 47 million in a Series A2 funding round.
investment, funding, financial institutions, compliance, regulation
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Australia-based foreign exchange brand Travelex has relaunched online foreign exchange (FX) cash services for the Commonwealth Bank of Australia (CBA).
travel payments, currency, currency exchange, cash management, online money
The UK and Japan have established a new partnership to strengthen their commitment to cybersecurity.
partnership, cybersecurity, cybercrime, online security, digital identity
Commonwealth Bank (CBA) and Vodafone have announced a new intelligence sharing pilot designed to help protect customers from rising SMS scams.
scam, fraud management, fraud detection, phishing, partnership
Mambu, a cloud banking platform, and Aldermore Bank, a UK-based retail bank and specialist lender, have partnered to modernise the latter's technology.
cloud services, digital banking, lending, financial services, partnership
Institutional payment orchestration platform Paydock has partnered with Australia-based Commonwealth Bank to launch the PowerBoard payments offering.
partnership, product launch, banks, payments orchestration
Australia-based Commonwealth Bank has announced that Bendigo Bank and fraud monitoring company Satori are set to pilot its NameCheck tech to protect Australians from scams and mistaken payments.
partnership, fraud prevention, payment fraud, scam, cybersecurity, compliance, regulation, risk management, banking, fintech
Financial Market Infrastructure (FMI) for cross-border settlements RTGS.global has partnered with Alif Bank, Bank Arvand, and Universal Capital Bank to simplify cross-border payments.
cross-border payments, payments , partnership, financial inclusion, growth markets
UK-based transit payments processing company Littlepay has announced the launch of contactless payments on Australia’s Skybus.
public transportation, contactless payments, mobile payments, payments , partnership
Netherlands-based SaaS cloud banking platform Mambu has announced the availability of its solutions on AWS Marketplace.
cloud services, SaaS, cloud banking, financial services, marketplace
Australian Payments Plus (AP+) has announced the launch of ConnectID for Australia's businesses and consumers aiming to reduce fraud and identity theft.
fraud prevention, fraud management, fraud detection, identity verification, digital identity, identity fraud
Switzerland-based additiv has entered a strategic partnership with SELISE to accelerate the delivery and integration of its Wealth platform.
partnership, online banking, online platform, digital banking, financial services, financial institutions, API
The Commonwealth Bank of Australia has partnered with technology solution provider NextGen in order to deliver Open Banking for mortgage brokers in the region.
partnership, Open Banking, Open Finance, mobile banking, online banking, digital banking, financial services, financial institutions
Commonwealth Bank of Australia (CBA) has entered an agreement to acquire cloud-based lending platform Waddle to provide working capital for Australian businesses.
acquisition, lending, banking, digital banking, cash flow
UK-based payment orchestration platform Paydock has raised GBP 25 million in Series A funding from Silverstripe Investment Management.
payments orchestration, funding, ecommerce, merchants, digitalisation
Praful Morar, Global Expansion Manager at Nuvei, talks about the expansion of Nuvei in Australia and the benefits of payment processors for accessing new markets, given the locals’ high appetite for online shopping.
expansion, ecommerce, online shopping, online payments, shopping, platform, payments , payment processing, BNPL, credit card, checkout optimisation , customer experience, cross-border payments, cross-border ecommerce
Australia-based bank Westpac has announced its entrance within the buy now, pay later (BNPL) space with a product designed to withstand regulatory scrutiny.
product launch, BNPL, instalment payments, financial services, online banking, credit card, credit scoring, regulation, fintech, interest rate