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Ageras, a Danish fintech platform specialising in accounting, banking, and administrative software for small businesses in Europe, has acquired Storebuddy.
acquisition, ecommerce, partnership, online payments
Sweden-based BNPL credit company Klarna has targeted a US IPO with a strategy to unveil its listing plans in April, with a valuation totaling up to USD 15 billion.
IPO, payments , online payments, ecommerce
‘Traditional rails won't disappear, but they'll become utilities underneath a Stablecoin layer.
Web 3.0, cryptocurrency, Bitcoin, stablecoin, blockchain, merchants, MiCA, report
Swedish Buy Now, Pay Later (BNPL) provider Klarna is exploring the sale of its US ‘pay-in-four’ instalment loan portfolio to raise capital for future growth.
instalment payments, lending, BNPL, fintech
HSBC has lost its appeal against a EUR 31.7 million fine imposed by the European Commission for participating in a cartel to manipulate benchmark Euribor rates.
regulation, financial services, financial institutions, banks, fraud management
Société Générale has gone live on CLS’s cross-currency swaps service, aiming to leverage the CCS tool in order to improve liquidity and mitigate settlement risk.
partnership, banking, FX , financial services, financial institutions
The European Payments Initiative (EPI) has announced the launch of the Wero instant account-to-account payment service in France.
product launch, digital payments, digital wallet, account-to-account payment, instant payments
The European payment solution Wero has announced its partnership with Computop in order to deliver cross-border payment methods to its customers and merchants.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
Romania-based leading end-to-end financial product management platform FintechOS has obtained USD 60 million in a Series B+ funding round.
funding, investment, fintech, financial services, embedded finance
The United Arab Bank has announced the expansion of its partnership with Network International to include debit card processing within the Network One network.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Axway has announced that it entered an exclusive discussion to acquire most of Sopra Banking Software activities, to develop a new enterprise software house.
acquisition, banking, online banking, mobile banking, digital banking, financial services, financial institutions
France-based Credit Agricole Bank has announced that it acquired a 7% stake in payments company Worldline.
partnership, aquisition, banking, strategy, investment
Egypt-based MIDBANK has entered the Instant Payment Network (IPN) to enable cash transfers between banks.
instant payments, online banking, COVID-19, mobile banking, digital banking
Santander CIB and Komgo, a multi-bank trade finance network, have partnered to accelerate the digital transformation of several Trade & Working Capital products.
partnership, investment, digitalisation, trade finance, banks
Israel-based Nilos has partnered with embedded payments platform Modulr to launch virtual EU IBANs for companies dealing with crypto in Europe.
Virtual IBAN, partnership, product launch, cryptocurrency
Daniel van Delft, CEO, Currence sat down with The Paypers to discuss the latest EPI acquisition announcement, what it means for iDEAL, and for the future of instant payments in Europe.
real-time payments, EPI, instant payments, instant settlement, SEPA, SEPA API Access Scheme
EPI Company has announced acquisition plans of iDEAL and Payconiq International, new shareholders and the upcoming launch of its instant payment solution.
acquisition, shareholders, payments , instant payments, account-to-account payment, digital wallet, P2P, omnichannel, merchants, ecommerce, payment methods, EPI, banks, Acquirer, platform, fintech, e-wallet, digital payments, digitalisation, European Payments Initiative, partnership, transactions , retail, financial services
French authorities have conducted multiple raids on five major banks in the country as part of an investigation into possible fiscal fraud and money laundering, according to Finbold.
banks, money laundering, tax evasion
SWIFT has announced the completion of a sandbox test for its API-based central bank digital currency project in collaboration with 18 banks.
CBDC, regulatory sandbox, banks, API
Atos, Société Générale, OpenWay, and Thales are among the payment-oriented companies on the list of 120 western brands that have divested from Russia.
banks, payments , payment processing, Russia Ukraine War, fintech