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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
UnaCash, a service provided by UnaFinancial in the Philippines, has introduced Instalment Loans.
instalment payments, fintech, credit access, digital banking
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
Ad-subsidised payments network (ASPN) Zilch has partnered with digital payments solution provider Checkout.com.
partnership, digital payments, fintech, payments
City Bank has announced its partnership with bKash in order to launch Pay-Later, a collateral-free digital nano loan solution for customers and clients.
partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce
France-based business finance solution Qonto has launched its in-house financing solution ‘Pay later’ to extend its business banking products offering.
BNPL, instalment payments, financing , lending, SMEs
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
US-based fintech Galileo Financial Technologies has expanded its Buy Now, Pay Later solution to include post-purchase instalment payment options.
BNPL, product upgrade, instalment payments, fintech
UK Finance’s Business Finance Review has revealed that SME lending reached GBP 3.5 billion in the fourth quarter of 2023.
report, SME lending, SMEs, financial services
Viva.com has announced the launch of its Merchant Advance in Europe in order to solve critical cashflow issues for multiple businesses in the region.
product launch, payments , digital payments, mobile payments, online payments, cash flow
Propel has announced the launch of its Embedded Finance offering, with a BNPL feature that will provide accessible financial options for African users.
product launch, embedded finance, embedded payments, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Custom Credit has announced its partnership with Open Banking fintech Ordo in order to improve financial literacy and make credit accessible with disruptive VRP solutions.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Open Banking-enabled payments services provider Ordo has joined the Crown Commercial Service's Open Banking Dynamic Purchasing System.
partnership, Open Banking, payments , payment methods
Netherlands-based financial services provider Mollie has announced the launch of Mollie Capital in the UK to provide retailers with up to GBP 250,000 in financing for growth.
lending, funding, expansion, SMEs, retail
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
Singapore-based Tonik Digital Bank (Tonik) has announced a strategic partnership with financial technology company Xendit.
partnership, fintech, neobanks, payment gateway
Social lender Moneyline has expanded its collaboration with Ordo to include Variable Recurring Payments (VRP), aiming to advance financial inclusion for lenders and borrowers.
recurring payments, Open Banking, Variable Recurring Payments, financial inclusion, financial services
US-based payments credit union service firm PSCU/Co-op Solutions has announced the launch of its new BNPL tool across the legacy Co-op Payments Ecosystem.
product launch, BNPL, payments , online payments, mobile payments, digital payments, ecommerce
Australia-based EML Payments has announced it is winding down its Irish subsidiary, PCSIL, stating the business is no longer commercially viable and sustainable.
paytech, payments , prepaid card, digital banking, financial services
Nigeria-based startup Zilla has announced its decision to halt its BNPL service in order to focus on the development of cross-border payment solutions.
product launch, product upgrade, payments , online payments, mobile payments, digital payments, cross-border payments, cross-border ecommerce, ecommerce