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Reem Finance (RF), a UAE-based financial services provider, has joined forces with Visa to introduce innovative digital payment solutions.
partnership, digital payments, financial services, contactless payments, e-wallet
Standard Chartered has launched its new Open Banking Marketplace, a one-stop platform that enables clients to discover, identify, and test APIs.
Open Banking, API, product launch, banking, online platform
Apple has announced that its offer to open up a tap-and-go tech mobile payments system is to be approved by EU antitrust regulators in May 2024.
compliance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Paola Cristina Nunez Ameri, CRCO and AMLCO, at Citibank Europe: ‘Artificial Intelligence has arrived, our job is to implement it ethically and responsibly.’
compliance, artificial intelligence, banks, AML, KYC, transaction monitoring, risk management
EBA CLEARING has announced its plan to provide Verification of Payee services to its users at a pan-European level starting from December 2024.
identity verification, fraud prevention, instant payments, payments
Multinational payment card services company Visa has announced the launch of Subscription Manager, a service for tracking subscriptions conveniently.
recurring payments, online payments, financial institutions, product launch, API
Online payment method iDEAL has launched a profiles pilot in collaboration with Dutch multinational banking and financial services company Rabobank.
partnership, product launch, banks, online payments
HR startup Deel has announced the acquisition of South Africa-based payroll and HR software and services company PaySpace.
acquisition, expansion, cloud services, compliance
The Hong Kong Monetary Authority (HKMA) has revealed a new wholesale central bank digital currency (wCBDC) project.
tokenization, CBDC, digital assets, cryptocurrency
We interviewed Alex Morgan-Moodie, Vice President and Head of Vertical Growth at Worldpay, about the importance of an optimised payment experience and the role of payment orchestration as a catalyst for businesses to boost customer conversion.
cross-border payments, ecommerce, merchants, payments orchestration, marketplace, checkout optimisation , customer experience
Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.
AML, fraud detection, fraud prevention, payment fraud, fraud rings
Multinational payment card services company Visa has announced a 7-year collaboration with US-based financial services corporation Western Union.
partnership, payments , financial services, money transfer
Mesh Payments' co-founder and CEO, Oded Zehavi, discusses their new Travel Management solution and the changing business travel landscape in 2024.
travel payments, spend management, corporate card, digital payments
Finix, a payments technology provider, has announced that its suite of unified payment offerings is now available in Canada.
payments , expansion, omnichannel payments solution, ecommerce, merchant
British multinational universal bank Barclays has decided to sell around USD 1.1 billion worth of credit card debt to private equity firm Blackstone.
credit card, partnership, acquisition, banks, equity
Pat Patel and Matthias Kröner from Elevandi provide insights into key trends shaping fintech and payments in Asia Pacific and Europe.
fintech, digital assets, payments , artificial intelligence, financial inclusion
Lloyds Bank has joined the WaveBL electronic trade documentation platform, to unlock new trade efficiencies and sustainability benefits for its clients by using eBLs.
banking, digital banking, digitalisation, partnership
Nina Huelsken, Associate, Frankfurt at Payments Consulting Network, analyses the crucial role of borderless payments in today’s global economy.
cross-border payments, payments , remittance, financial inclusion, B2B payments, P2P payments, supply chain finance
UK-based HR platform HiBob has announced the acquisition of cloud-based payroll automation company Pento, with the transaction being subject to closing conditions.
acquisition, banking, fintech, cloud services, cloud banking
US-based Visa partnered with Egyptian Banks Company for Technology Advancements (EBC) to support remittances for Egyptians living abroad.
partnership, remittances, cross-border payments, financial institutions, financial inclusion