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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
UK-based property lender Together has partnered with US-based cloud banking company nCino to improve the former’s lending business.
partnership, lending, cloud services, cloud banking
Sopra Banking Software has announced its partnership with Paymentology in order to optimise global card issuing services for customers and clients.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions
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
Emerging Markets Global Advisory LLP (EMGA) has partnered with Banco Improsa to secure a USD 15 million line of credit.
partnership, funding, investment, SME lending
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
British Caribbean Bank Limited (BCB) has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernise its core and transform its back-office operations.
cloud services, cloud, API, banking, financial services, partnership
Join Ikano Bank, Dr. Smile, and Jifiti, as they share how leading banks and merchants are cultivating ‘happily-ever-after,’ mutually beneficial relationships through customised POS financing programmes.
BNPL, lending
Reuters reports that the European Central Bank (ECB) has decided to instruct Italy-based UniCredit to scale down its business activities with Russia.
compliance, regulation, financial sanctions, financial services
After meeting the Optty team, we sat down with Natasha Zurnamer, CEO/Founder of Optty, to learn more about the company's approach to global payments, commitment to sustainability, and its future trajectory.
Global Payments, payment methods, payments , merchants, API, sustainability , banks, PSP, online payments
Worldline, a global provider of payment services, has announced a partnership with RiskQuest, a Netherlands-based risk consultancy firm and part of the Zanders Group.
partnership, Open Banking, SMEs, API, banks
The AFM has raised concerns about minors accessing BNPL services, despite a Code of Conduct by Billink, In3, Klarna, and Riverty to prevent such access.
BNPL, regulation, age verification, payments , financial services
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
Empower Finance, a player in alternative credit underwriting has announced the definitive agreement to acquire Petal and the completion of its acquisition of Cashalo.
acquisition, partnership, financial inclusion, fintech
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
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
AI-powered global payments network Klarna has announced the launch of its Wikipink product, a data hub with information on how UK clients use the company’s solutions.
product launch, data sharing, payments , credit scoring, online payments, mobile payments, digital payments, ecommerce
nCino has launched new upgrades to its Consumer Banking Solution, aimed at providing bankers with the needed tools to interact with clients securely and efficiently.
product upgrade, product launch, banking, online banking, mobile banking, financial services, financial institutions
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.
Issuer, banks, fintech, payment methods, prepaid card