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US-based digital identity solutions provider Prove Identity has added several of its solutions on the AWS Marketplace to improve customer access and product availability.
product upgrade, digital identity, identity verification, marketplace
The Unicorn Council for UK FinTech has published six core recommendations for policy-makers, deemed critical to maintaining the region’s position in the landscape.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process.
Provider of loaner and car rental software TSD has announced a strategic partnership with universal API for insurance data Axle.
partnership, insurance, API, payments
Financial software provider Linedata has announced the acquisition of France-based AI-platform developer DreamQuark.
acquisition, startup, artificial intelligence, financial services
Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand.
acquisition, digital wallet, e-wallet, BNPL, credit scoring
Salt Bank has announced its expansion on the Romanian market, aiming to accelerate the digitalisation of Banca Transilvania Group’s suite of services.
partnership, product launch, neobanks, banking, digital banking, mobile banking, online banking, financial services, financial institutions
Shaul David, Embedded Finance Advisor: Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.
BaaS, banking-as-a-service, embedded finance, fintech, banks, payments
In February 2024, Piermont Bank and Sutton Bank each became subject to consent orders issued by the Federal Deposit Insurance Corp.
BaaS, fintech, consent, regulation, AML
A new study from Juniper Research has revealed that the Embedded Finance market is expected to surpass USD 228 billion by 2028.
research, embedded finance, study, report
Yes Bank and IDFC First Bank have implemented an additional charge on utility transactions during statement cycles commencing from 1 May 2024.
credit card, transactions , chargebacks, financial services
Rakuten Group has unveiled its plans to consolidate its fintech operations into a unified group in a bid to expand its customer base across various sectors.
fintech, merger, expansion, banking
FinCEN has announced its decision to issue an RFI related to the requirements for banks under the CIP Rule to collect a TIN from a client before opening an account.
regulation, fraud management, fraud detection, online fraud, fraud prevention, AML, financial crime, cybercrime
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
Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service.
FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection
The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments
instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance
Belgium-based insurtech Qover has partnered with UK-based credit card fintech Yonder to improve travel insurance experiences for members.
partnership, insurtech, fintech, credit card
Germany-based payment management platform NX Technologies has raised EUR 22 million in series B funding to augment its market position in Europe and product suite.
fintech, instalment payments, expansion, embedded finance, digital payments
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
US-based insurtech Buddy has teamed up with Stripe to launch new ecommerce capabilities designed for the insurance industry.
partnership, ecommerce, insurance, insurtech, payment processing