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NEC launches three digital finance solutions for Thai fintech challenges

News | Online & Mobile Banking | 15 Sep 2023

NEC Corporation has introduced three modern digital finance solutions that aim to enable the financial industry in Thailand to cope with fintech challenges.

fintech, blockchain, embedded finance, product launch, SaaS

Finmo gets In-Principle Approval for Major Payment Institution license from MAS

News | Payments General | 07 Jul 2023

Finmo has announced its Singapore launch plans after receiving In-Principle Approval for a Major Payment Institution license from the Monetary Authority of Singapore.

money transfer, digital payments, MPI licence, expansion, real-time payments

Inpay secures EMI license

News | Online & Mobile Banking | 04 Jul 2023

International payments firm Inpay has obtained an Electronic Money Institution license from the Danish Financial Supervisory Authority (FSA).

banking license, EMI licence, PSP, TPP, mobile banking, online banking, digital banking

Brankas develops Brankas Open

News | Online & Mobile Banking | 24 Nov 2022

Brankas, an Open Finance technology provider, has developed ‘Brankas Open’, an open-source license for the Banking-as-a-Service and Open Finance software.

BaaS, Open Finance, digital banking, fintech, startup

6 out of 10 banks are demanding BNPL regulation, Credi2 study shows 

News | Mobile Payments | 01 Sep 2022

Austria-based Credi2 has released an embedded finance study, for which 120 decision-makers from banks were interviewed.

study, report, BNPL, payment processing, mobile payments

Central Bank of Cuba to license virtual asset service providers

News | Cryptocurrencies | 27 Apr 2022

The Central Bank of Cuba (BCC) has announced it will issue licenses for virtual asset service providers.

blockchain, digital assets, banking license, virtual asset

The Saudi cabinet approves the licencing of a new digital bank

News | Online & Mobile Banking | 16 Feb 2022

The Saudi cabinet has approved the licencing of a third digital bank, called D360 Bank, with a capital of USD 440 million.

digital banking, banks, regulation, funding, cybersecurity

Airwallex launches international payment services in Singapore

News | Online Payments | 13 Jan 2022

Australia-based fintech Airwallex has announced its official launch in Singapore after receiving its grant of a Major Payment Institution license by the Monetary Authority of Singapore.

Airwallex, Monetary Authority of Singapore (MAS), product launch, expansion, cross-border payments, online payments, money transfer

Saudi Arabia to grant operating license to more digital banks

News | Online & Mobile Banking | 29 Nov 2021

Saudi Central Bank (SAMA) Governor Fahd Al-Mubarak has announced that the Kingdom will grant operating license to more digital banks.

digital banking, financial inclusion, banking, banking license

Buy Now, Pay Later Series II: regulations and risks

Voice of the Industry | Payments General | 26 May 2021

The second article in the Buy Now, Pay Later series outlines the regulatory context in the UK, the US, Australia and Europe, along with the risks that come with the partnerships between merchants and providers

BNPL, regulation, partnership, merchants, FCA, Afterpay, Klarna, fraud management, risk management

Allevo and Bakken & Bæck kick-off the Whizzer project

News | Payments General | 23 Jan 2020

Allevo has kicked-off the Whizzer project, as per the 2018/115906 contract.

Allevo, Bakken & Bæck, Whizzer project, balance sheet, salary payments, invoicing, money flow automation, accounts payable and receivable, cash reporting, banks, financial service providers, SMEs, financial inclusion

Grab partners with Singtel to apply for a full digital banking license

News | Payments General | 03 Jan 2020

Singapore-based tech company Grab has partnered with Singapore Telecommunications (Singtel) to apply for a full digital banking license, according to South China Morning Post.

Grab, partnership, Singtel, digital banking, license, payments

Instarem seeks banking licence in Singapore

News | Payments General | 03 Jul 2019

Singapore cross-border payments startup Instarem is preparing to apply for a digital banking licence in Singapore, according to Henry Vilar from FinTech Futures.

InstaRem, banking licence, Singapore, MAS, payments , digital banking

Interview with Marius Jurgilas on the Bank of Lithuanias fintech strategies

Interviews | Interviews | 28 Nov 2017

Marius Jurgilas, Member of the Board of the Bank of Lithuania, discusses the fintech strategy of The Bank and how Lithuania paves the way for new innovative players to enter the European market 

interview, Marius Jurgilas, Bank of Lithuania, fintech, banking, Europe, Nordics

Cegedim, CIC extend EU partnership

News | E-invoicing, SCF & E-procurement | 09 Feb 2015

Communication Intelligence Corporation (CIC) has unveiled the expansion of its partnership with Cegedim.

Cegedim, CIC, Communication Intelligence Corporation, EU, electronic invoicing, electronic signatures, SEPA, payment, workflow

Nigeria: eTranzact invests USD 350,000 into mobile money project

News | Mobile Payments | 02 Sep 2014

eTranzact International has unveiled the investment of USD 350,000 into a mobile money activation project in collaboration with EFInA, a financial sector development organisation.

eTranzact, mobile, money, project, EFInA, financial, pocketmoni