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Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million.
investment, funding, financial services, financing , customer experience, expansion
American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
Brazil-based financial services platform Nubank has integrated the NuInvest platform into the Nubank application.
product upgrade, banking, financial services, investment
SWIVEL’s Transaction Enablement Platform has enabled Alkami’s clients to provide a seamless, self-serve loan payment experience to their account holders.
lending, payment methods, digital banking, financial institutions, payment processing
Financial services company BNP Paribas has revealed its intention to launch the Tap to Pay on iPhone system for its users in France.
product launch, mobile payments, financial services, banks, Tap-to-Pay
Equifax UK has announced a collaboration with free-to-use platform Homely to help first-time buyers become mortgage-ready.
partnership, financial services, Open Banking, data analytics
US-based fintech Galileo Financial Technologies has expanded its Buy Now, Pay Later solution to include post-purchase instalment payment options.
BNPL, product upgrade, instalment payments, fintech
British multinational universal bank Barclays has decided to sell around USD 1.1 billion worth of credit card debt to private equity firm Blackstone.
credit card, partnership, acquisition, banks, equity
Froda has announced the expansion of its partnership with Visa in order to optimise the lending processes for SMEs across the regions of Europe.
partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
India-based private bank Bandhan Bank has partnered with Oracle to modernise its core banking system and expand its digital services.
partnership, digitalisation, product upgrade, digital banking
Scott Farrell and Max Allan of King & Wood Mallesons elaborate on some of the biggest developments of Australia’s Consumer Data Right in 2023.
Open Finance, data sharing, Open Banking, CDR, banking, banks, regulation
UK-based embedded finance partner for brands, Aro has announced its collaboration with Equifax in order to deliver a new data-driven marketplace.
partnership, product launch, data, payments , online payments, mobile payments, digital payments, credit access, lending
Deloitte Africa explores how Africa's financial sector navigates Open Banking's rise, leveraging tech partnerships, overcoming regulatory gaps, and ensuring data security for inclusive, innovative finance.
Open Banking, Open Finance, regulation, report, fintech, banks
Mexico-based financial company Grupo Financiero Banorte has launched its new digital bank product, Bineo.
product launch, digital banking, online banking, financial services, mobile banking
Amazon has partnered with Mexico-based Kueski Pay to launch Pago en Quincenas, a payment method that allows users to defer their purchases into biweekly payments.
partnership, product launch, mobile payments, mobile money, online platform
Phoebe Zhou, Head of Emerging Payments, Europe at HSBC, discusses how AI, DLT, and APIs are shaping the future of payments by improving efficiency, reducing costs, and fostering innovation for businesses and consumers.
payments , Open Banking, embedded payments, DLT
Carl Slabicki, Co-Head of Global Payments for BNY Mellon’s Treasury Services, explores Open Banking’s development in the US, how it is transforming B2C payments, and what more can be done to maximise its potential.
Open Banking, Open Finance, API, KYC, fintech
Akash Sinha, CEO and Co-founder at Cashfree Payments, discusses the numerous use cases of embedded payments for both businesses and end-users, as well as what customers should expect in 2024.
embedded finance, Open Banking Ecosystem, Open Banking payments, ecommerce, Gen Z, financial data, financial services, tokenization, data protection, API, fintech, cybercrime, SMEs, SaaS, BNPL
The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive overdraft fees charged by large financial institutions.
regulation, banks, financial institutions, lending, compliance
TrueLayer has officially joined the SEPA Payment Account Access Scheme (SPAA), an initiative dedicated to redefining the landscape of A2A payments in Europe.
SEPA Payment Account Access Scheme, SEPA, Open Banking, Open Finance, banking, online banking, digital banking, mobile banking, financial services, financial institutions, SPAA