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Revolut, a prominent fintech firm headquartered in London, is considering strategies to capitalize on customer data by potentially sharing it with advertising partners.
prepaid card, authorisation rate, banking license, financial inclusion, mobile banking
IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.
fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency
South Africa’s central bank (SARB) has revealed a roadmap that would improve the country’s adoption of digital payment technologies.
digital payments, report, cryptocurrency, CBDC
Fintech Galaxy has announced its partnership with Singapore-based FinbotsAI in order to launch Open Banking credit scoring capabilities for its customers.
partnership, product launch, banking, Open Banking, Open Finance, online banking, mobile banking, digital banking, financial services, financial institutions
UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
UK-based fintech company Revolut has announced the introduction of its Joint Account service in Australia, allowing individuals to share their finances in a single place.
product launch, expansion, financial inclusion, payments , financial services
OnePay, a Colombian fintech startup, has introduced a novel payment processing method via WhatsApp, aiming to simplify transactions for users.
mobile payments, funding, partnership, digital payments
The Central Bank of Azerbaijan has announced its partnership with Visa in order to drive payment sector optimisation and modernisation.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, digitalisation
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.
card scheme, financial inclusion, cybersecurity, digital payments
UK-based charity Foundation 92 (F92) has partnered with Tandem Bank to deliver financial inclusion across UK’s Greater Manchester.
financial inclusion, charity, digital banking, partnership
Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.
digital payments, digital wallet, financial services, financial inclusion, partnership, transactions
Mastercard has partnered with pan-African payments provider Onafriq to provide payment solutions to consumers and SMEs in Africa.
partnership, payments , SMEs, cross-border payments
CoinsPaid CEO and co-founder Max Krupyshev highlights the latest trends and developments in the crypto space.
cryptocurrency, merchants, Bitcoin, online payments, MiCA
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
Mexico-based financial services provider Pago Confiado, a branch of the Fiado conglomerate, has been authorised as an Electronic Payment Funds Institution in the region.
fintech, regulation, EPI, online payments, digital payments
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
The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity
Kueski, a prominent player in the buy now, pay later (BNPL) and online consumer lending sector in Latin America, has announced the forthcoming launch of the in-store version of Kueski Pay.
fintech, financial inclusion, mobile payments, retail
US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.
mobile payments, money transfer, remittance, financial inclusion, fintech