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Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
Travel technology company Amadeus has announced that Travel4Impact, the network supporting sustainable SMEs in travel and tourism, expanded globally, launching in the Americas.
SMEs, sustainability , financial inclusion, expansion, travel payments
Frédéric Viard, Head of Commercial Product Management – Financial Messaging at Bottomline, discusses SEPA Instant Payment’s` impact on European payments, outlining challenges and opportunities for PSPs.
instant payments, SEPA, PSP, cross-border payments
UK-based Nationwide Building Society has reached a preliminary agreement to acquire Virgin Money for GBP 2.9 billion.
acquisition, merger, financial services, banks
Authorities from Thailand have decided to accept applications for virtual banks in a bid to support people with limited access to financial services.
online banking, digital banking, financial inclusion, financial services
Ethereum Layer 2 scaling solution provider Taiko has raised USD 15 million in a recent Series A funding round.
cryptocurrency, Ethereum, blockchain, funding
Estonia-based cryptocurrency payment gateway CoinsPaid has partnered with auto parts retailer ALVADI to enable crypto payments for its customers.
cryptocurrency, survey, partnership, digital assets, digital payments
Serena Sebastiani from PwC Middle East embarks on a journey through innovation in the GCC's financial sector with a focus on Open Finance. Discover the region's strategic evolution.
Open Banking, Open Finance, regulation, report
Colombia-based financial technology company Bold has raised USD 50 million in a Series C funding round led by General Atlantic.
funding, investment, fintech, financial services
James Butland, VP of Payment Network at Mangopay, discusses the future of cross-border payments, and how they can be processed seamlessly by companies to boost conversion rates.
cross-border payments, Global Payments, marketplace, online platform, FX
Turkey-based financial services provider Garanti BBVA has launched the Request Payment feature through its mobile and online banking services.
product launch, mobile banking, financial services, payments
YouLend, a global finance platform, has finalized a private securitisation deal with JP Morgan, a major financial services firm, and Castlelake.
financing , funding, SMEs, partnership
National Australia Bank (NAB) has partnered with Microsoft to provide a free cyber assessment tool to help Aussie small businesses prepare for and recover from a cyber-attack.
partnership, cybersecurity, cybercrime, data protection, scam
VOXI by Vodafone has expanded its collaboration with Moneyhub to provide customers with 12 months of free access to its financial wellness app.
mobile banking, financial services, personal finance management, financial inclusion, partnership
Cryptocurrency payment gateway CoinsPaid has encountered its second security breach within a span of six months.
cryptocurrency, digital assets, hacking, cybersecurity
Bahrain-based ila Bank, a digital mobile-only bank powered by Bank ABC, has joined the Arab payment system BUNA.
cross-border payments, financial services, transactions , digital banking, mobile banking
Raffaele Brusco of NatWest tackles VRPs in 2023, how the bank’s solutions moved past regulatory recommendations, and what must be done to bring VRPs into the mainstream.
Variable Recurring Payments, Open Banking, Open Banking payments
Japan-based Mitsubishi UFJ has announced its plans to acquire Australian pension administration company Link Group in a USD 802.7 million deal.
acquisition, financial services, investment, financial institutions, digital banking
We interviewed Eric Shoykhet from Link Money to discuss the company’s key product, Pay by Bank, and the significant prospects within the realm of Open Banking in the US.
Open Banking, account-to-account payment, Pay by Bank
The CJEU has issued a new set of rulings in order to simplify the manner in which data protection supervisory authorities of the EU member states sanction legal entities.
regulation, banking, online banking, digital banking, mobile banking, financial services, financial institutions