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TransferGo, a UK-based fintech specializing in global remittances, has secured a USD 10 million growth funding round from investor Taiwania Capital.
fintech, financial services, remittances, funding
HSBC has reached an agreement to sell its banking operations in Argentina to Grupo Financiero Galicia.
acquisition, banks, transactions , financial services
HSBC has launched its Venture Debt offering in Singapore and a USD 1 billion investment in the ASEAN Growth Fund to scale up digital platform businesses in the region.
product launch, investment, funding, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Germany-based corporate payment company AirPlus International has partnered with Sweden-based payment platform Billhop.
partnership, payments , credit card, bank transfer
US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.
cross-border payments, online payments, digital payments, expansion, financial inclusion
Mastercard has announced Smart Subscriptions, an Open Banking powered subscriptions management solution.
Open Banking, banks, financial institutions, payments , product launch
US-based Ocrolus has entered a collaboration with Envestnet | Yodlee to embed its technologies into the latter’s platform.
partnership, banks, fintech, financial services, financial data, Open Banking
Portugal-based Bison Bank has launched a new Visa debit card in partnership with Spain-based fintech Pecunpay.
debit card, digital payments, digital banking, virtual card, fintech
UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology.
API, SaaS, lending, cloud, fintech
Payit by NatWest has conducted a survey involving 150 business leaders from UK organisations with an annual revenue of GBP 2 million or more.
Open Banking, survey, financial services, payment processing
American Express Saudi Arabia has signed an agreement with travel company Almosafer Business to centralise payments through its Corporate Travel Account.
credit card, travel payments, partnership, corporate card
Edonys, the new official brand of VIREO, has partnered with LUXHUB to develop cashback technology to serve employers, employees and merchants.
Open Banking, cashback, payments , partnership, product launch
In the dynamic realm of payments, the shift to SaaS is transforming the strategies of banks and fintechs. Dmitry Yatskaer, CTO at OpenWay, underscores the significance of dedicated SaaS, making it a cornerstone for innovative business strategies worldwide.
SaaS, banks, fintech, payments , startup, digital payments, payment methods, compliance, credit card, BNPL
Netherlands-based neobank, bunq, has launched Finn, a GenAI-driven platform that aims to reshape user-centric banking and is available to all users.
artificial intelligence, product launch, neobanks, banking, generative AI
Envestnet|Yodlee has partnered with New Zealand-based credit bureau Centrix in order to provide it with live bank data feeds in readiness for Open Banking.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Fintech EedenBull has teamed up with Mastercard to launch an AI-backed a card and spend management platform for SMEs.
SMEs, Issuer, digital payments, cash flow, spend management, fintech
France-based Embedded Finance platform Swan has partnered with Lucca to enhance expense management with embedded payment methods.
embedded finance, embedded payments, online banking, mobile banking, digital banking, partnership
Global data and analytics company LexisNexis Risk Solutions has released a report that shows a rise in financial crime compliance costs.
financial crime, financial institutions, compliance, regulation, online security, customer experience, artificial intelligence, machine learning
Elavon, a wholly owned subsidiary of U.S. Bank, has launched the next generation of talech software aiming to help small business owners run their businesses efficiently.
product upgrade, payment processing, POS, ecommerce, financial services, contactless payments
India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment