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Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).
Open Banking, digital payments, bank account, API, settlement
UAE-based online payment gateway Telr has been granted in-principle approval for the Retail Payment Services & Card Schemes License from the Central Bank of UAE (CBUAE).
digital payments, ecommerce, central bank, payment gateway, fintech
From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.
financial services, transactions , e-wallet, digital wallet
Germany-based SAP has announced a new composable payment solution to help retailers keep up with changing customer expectations.
product launch, retail, payment methods, financial services
The UK Government has decided to implement new measures granting law enforcement agencies increased powers over cryptocurrency assets.
cryptocurrency, digital assets, financial crime, regulation
Traderoot and Wemvula have announced a partnership to bring PayedNow instant payment solution to the South African market.
payment methods, partnership, real-time payments, online security
PayRetailers shares insights regarding the importance of localisation in ecommerce and cross-border selling in LATAM.
ecommerce, cross-border payments, cross-border ecommerce, local payment method, expansion, payments , credit card, cash, online payments, financial inclusion, QR code
Pakistan-based fintech platform NayaPay has partnered with China-based Alipay+, a cross-border digital payments and marketing platform operated by Ant International.
partnership, digitalisation, online platform, transactions , financial inclusion
Embedded fintech solutions provider VoPay has partnered with GiveWise to launch a new approach to charitable giving and simplify the donation process.
charity, donation, online payments, online platform, partnership
The European Council and the Parliament have reached a provisional agreement on the establishment of a new European authority.
regulation, AML, fraud prevention, money laundering
Full-cycle verification platform Sumsub has entered the Singapore FinTech Association (SFA) to further solidify its commitment to improving the fintech landscape in Singapore.
online fraud, fraud management, deep fake, fintech, identity verification, digital identity
Visa and Oxfam America, a humanitarian assistance organisation, have announced intent to scale the B-READY project to provide preventative financial aid in four high-risk locations.
real-time payments, expansion, payments , financial inclusion, partnership
International banking group Standard Chartered has become the banking partner of payments service provider Checkout.com in MENA.
partnership, payments , expansion, banking
UK-based retail banking company Lloyds Bank has enabled its customers to support their bank account application by scanning the chip in their passport via the bank’s app.
digital onboarding, NFC, identity verification, product upgrade, mobile banking
The Money Service Lab has completed its certification with Mastercard, becoming a processor with direct connectivity to the Mastercard Cloud in Europe.
credit card, debit card, prepaid card, remittance, Acquirer, certification
Global spend management solution Payhawk has received principal member status from Visa, advancing its mission to simplify business payments.
payment processing, EMI licence, regulation, debit card, credit card
UK-based data intelligence platform Bud Financial (Bud) has partnered with Blackbullion to enhance the latter’s financial well-being solutions for higher education students.
partnership, artificial intelligence, financial data, financial services, Open Banking
UK-based fintech Uncapped has announced the successful closure of a GBP 200 million debt facility from Fortress Investment Group.
lending, funding, debt facility, fintech
Qatar Central Bank has issued instructions for the Loan-Based Crowdfunding Regulation, for the purpose of licencing and regulating activities and services in Qatar.
crowdfunding, lending, banking, financial services, regulation
Singapore-based payment platform for small and medium-sized enterprises (SMEs) HitPay has partnered with Philippines-based super app GCash.
partnership, payment methods, payments , SMEs, paytech, fintech, online platform, digital payments, mobile payments