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XTransfer, a B2B cross-border trade payment platform, has partnered with OCBC, a financial services group from South Asia to provide SMEs with cross-border solutions. The Memorandum of Understanding was signed on 18 December 2024.
cross-border payments, SMEs, trade finance, banking, partnership
Visa has announced its acquisition of Featurespace, a developer of real-time AI payments protection technology, aiming to optimise its fraud protection capabilities.
acquisition, banking, ecommerce, fraud management
Community Bank of Louisiana has selected Q2, a provider of digital transformation solutions, to help accelerate its digital banking offering.
financial inclusion, financial services, digital banking, banking, partnership
D360 Bank has secured approval from the Saudi Central Bank (SAMA) to launch its digital banking operations, aiming to offer clients Shariah-compliant financial services.
product launch, banking, financial services, financial institutions
Financial technology company Chime has submitted a confidential filing with the US Government for the development of its Initial Public Offering (IPO).
banking, financial services, IPO, financial institutions
ASX-listed MONEYME has secured USD 78 million in a strategic funding partnership with one of Australia-based asset investment platforms, iPartners.
investment, funding, banking, financial services
Ethiopia's parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment.
regulation, Open Banking, banking, Open Finance
Onramp Funds, a funding provider supporting the growth of ecommerce businesses, has partnered with SHOPLINE, a platform offering commerce services.
banking, fintech, cash, ecommerce, financial services
DeepTarget has announced the launch of its full-service solution AImail, aimed at enabling community banks and credit unions to achieve optimised marketing tools.
MTN, a communications company operating across Africa, has planned to acquire a banking licence once the SARB (South African Reserve Bank) allows fintechs and NBEs independent access to its national payments system.
payments , fintech, financial institutions, banking, banking license
Tietoevry Banking has announced the integration of Visa B2B Connect, a Visa Direct offering, into Tietoevry Payment Hub.
partnership, B2B payments, cross-border payments, financial services, banking
Publicis Sapient and OneSavings Bank have joined forces to launch a digital savings platform, released to the public in October 2024, with the move supporting OSB's digital advancement.
banking, fintech, partnership, fintech solutions, financial services
Upbound Group has announced it has entered into a definitive agreement to acquire Brigit, a financial health technology company, for up to USD 460 million.
acquisition, banking, financial services, financial inclusion
The Consumer Financial Protection Bureau (CFPB) has announced the removal of an overdraft loophole that made overdraft loans immune to lending regulations.
scheme fee, regulation, banking, banks, financial services
equipifi has announced its partnership with Synergent in order to expand credit union access to its BNPL platform and optimise the member experience.
partnership, payments , BNPL, banking, credit access
Beacon, a financial services provider focusing on immigrants to Canada, has begun using services from Bank of Montreal to streamline cross-border money transfers.
financial inclusion, financial services, banking, cross-border payments
FirstOntario Credit Union has announced its partnership with Temenos in order to enhance the digital experience for its members and customers.
partnership, banking, financial services, financial institutions
AB Bank has relaunched its internet banking application, AB Direct, and four new offerings: AB Ilham, AB Amani, and the Kotipoti Deposit Scheme.
banking, fintech, financial services, banking services, banking app
BitOasis, a broker-dealer platform for trading virtual assets in the MENA region, has acquired a full Virtual Asset Service Provider (VASP) licence from VARA.
cryptocurrency, fintech, banking, financial services, financial institutions
EQT, together with Financial Technology Partners (FT Partners), has announced its plans to sell Banking Circle, a tech-driven payments bank.
online banking, digital banking, cross-border payments, financial services, banking