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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 fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
Zilvinas Bareisis: At Celent, we define Embedded Finance as the discovery and acquisition of tailored financial services products at the point of need within the digital experience curated by a non-bank third party.
embedded finance, digital wallet, embedded payments, digital payments
Moldova-based mobile network operator Moldcell has entered the financial services market by launching a digital wallet supported by digital financial solutions provider Comviva.
product launch, partnership, digital wallet, digital payments, online payments, e-wallet, payments , financial services, digitalisation, fintech, platform, money transfer
FintechCashier, a UK-based payment gateway and solution provider, has released a ‘Lite Label’ Banking-as-a-Service (BaaS) subscription.
fintech, product launch, BaaS, payment gateway, merchant
India-based fintech Uni has temporarily suspended its card services in South Asia following the local central bank’s guidelines on digital lending.
regulation, BNPL, lending, credit card, fintech
The Paypers delves into some regulatory updates happening in the US and Canada that financial institutions need to consider, plus highlights the regtech, IDV, and blockchain analytics kings in the Americas region.
digital identity, financial crime, regtech, blockchain analytics, cybercrime, fraud prevention, identity verification
India-based digital credit provider LazyPay has temporarily stopped support for its Buy Now, Pay Later (BNPL) payment product amid rising regulatory concerns.
BNPL, regulation, fintech, lending
India-based fintech Mufin Finance has been granted in-principal RBI approval for issuance of semi-closed prepaid payment instruments.
RBI, fintech, digital payments, lending, digitalisation
The Reserve Bank of India (RBI) has issued a notification disallowing non-bank prepaid wallets and prepaid cards from loading credit lines into these platforms.
banks, prepaid card, regulation, fintech, credit card
Global payments company BPC has announced that Chilean fintech Klap will use its technology to support payment processing requirements in the country.
partnership, payment processing, BPC Banking Technologies
We caught up with CEO Brion Bonkowski to learn more about Tern, the benefits of Banking-as-a-Service, and what the future of this industry will look like
BaaS, fintech, embedded finance
SCA, PSD2, exemption strategies, ecommerce, fraud prevention, TRA
Paytm has received scheduled bank status from Reserve Bank of India (RBI), helping shares of One 97 Communication recover and jump 6% after falling about 2%.
banks, Reserve Bank of India, digital payments, fintech
The changes with regards to AMLD5 on prepaid card transactions represent key information for the payments ecosystem, especially on the way it could impact the payment acceptance rate. Using his expertise in the field of legal consulting, Timelex's Niels Vandezande sheds light on the new rules and exceptions around this law
AML, prepaid card, money laundering, regulation, CDD
India-based food-tech giant Zomato has announced entering fintech with a digital payments entity called Zomato Payments.
delivery, product launch, payment gateway, ecommerce
online payments, BNPL, account-to-account payment, debit card, credit card
The Payment Methods Report 2021 – Latest Trends in Payment Preferences presents a comprehensive overview of the payment methods in scope for 2021, as well as best practices for checkout optimisation and customer conversion by addressing digital transformation, security, and localisation.
BNPL, account-to-account payment, QR code, mobile payments, direct carrier billing, debit card, credit card, online payments
India-based fintech unicorn Razorpay and Mastercard have launched Mandate HQ, a platform dedicated to secure recurring payments.
partnership, Mastercard, fraud prevention, recurring payments
Nets, fraud prevention, online payments