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Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).
Open Banking, digital payments, bank account, API, settlement
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
Intuit QuickBooks has announced the launch of its QuickBooks Line of Credit solution in order to provide small businesses with more options to access capital.
partnership, product launch, funding, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Mobility and urban services platform inDrive has launched inDrive Money, offering cash loans to drivers operating on its platform in Mexico.
lending, financial inclusion, product launch, credit card, expansion
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
UK-based payments technology company Zilch has launched a ‘Pay over 3 months’ product to offer more flexibility to customers.
product launch, fintech, instalment payments, payments
Jack Wilson, VP at TrueLayer, explores the potential of Open Banking to transform UK payments through cost-effective, instant retail experiences.
Open Banking, Open Banking payments, retail banking, report
Salmon has received regulatory approval from the Monetary Board of the Bangko Sentral ng Pilipinas to acquire the controlling interest in the Rural Bank of Sta. Rosa.
acquisition, banking, digital banking, online banking, mobile banking, financial services, financial institutions
A study performed by the UK-based Centre for Financial Capability has found that almost one-quarter of UK BNPL users have been charged late repayment fees.
study, BNPL, payments , financial institutions, credit
UK-based credit card company Yonder has extended its collaboration with bank payments company GoCardless through the integration of Variable Recurring Payments (VRPs).
recurring payments, Variable Recurring Payments, Open Banking, Open Banking payments, payment methods
FedFinancial Federal Credit Union has announced that it has added SpendFlex, a BNPL solution, to its suite of online banking products.
BNPL, SaaS, financial institutions, partnership
Experian has announced its partnership with NeuroID in order to optimise the manner in which customers combat fraud rings and AI-enabled fraud.
partnership, fraud management, fraud detection, online fraud, fraud prevention, artificial intelligence, fraud rings
The Australian government has announced a delay on its BNPL laws until 2024, due to resourcing pressures on the federal government’s legislative drafting teams.
BNPL, payments , online payments, digital payments, mobile payments, ecommerce
International banking group Standard Chartered has started offering exchange services for China’s CBDC, the digital yuan.
digital currency, CBDC, banks, digital wallet
Visa and Standard Chartered have entered a regional partnership to expedite the delivery of instalment payment options to credit cardholders in APAC using Visa Instalment Solution.
partnership, payment methods, fintech, paytech, credit card, BNPL, instalment payments, retail, ecommerce, digital banking, financing
UK-based fintech Cashflows has launched the Cashflows Advance service to help eligible merchants access funding in a frictionless way.
SME lending, product launch, fintech, payments
Virgin Money announced its plan to buy back a further GBP 150 million of its shares in order to boost the development process of its overall business.
investment, acquisition, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Financial technology platform for businesses Adyen has launched Capital, a solution that allows platform customers to access funding for their SME users in Australia.
SMEs, funding, embedded finance, financial services
Rudy Gunawan, Managing Director of OpenWay Asia, and Lana Konakova, Global Product Marketing Manager, Regional Marketing in North and South America, share insights on payment processing technology that is required to meet BNPL customer expectations for on-POS, ecommerce and in-app checkouts.
payment methods, BNPL, customer experience, KYC, ecommerce, digital wallet, banks, carding
Experian, a global information services company, has announced its partnership with what3words to optimise retail deliveries.
ecommerce, retail, delivery, partnership, data sharing