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The African Export-Import Bank (Afreximbank) has collaborated with Sterling Bank to introduce a new supply chain finance product 'Payables Finance' in Nigeria.
partnership, digital payments, KYC, trade finance
UK-based digital investment platform Wealthify has selected ClearBank as its embedded banking provider to roll out a new savings account.
investment, bank account, embedded finance, product launch, banking
UK-based fintech Fnality has announced its intention to expand its blockchain-based payment system in the US after its launch in the UK.
expansion, blockchain, payment system, crypto, banks
Lars Hupel from Giesecke+Devrient reveals the secret technical ingredients that make CBDC wallets achieve their goals, in a safe manner.
digital currency, digital wallet, CBDC, encryption, security token
TrueLayer has announced its partnership with Worldline in order to offer instant payouts, deposits, and signups through the Worldline Payment Orchestration.
partnership, product launch, banking, online banking, digital banking, mobile banking, financial services, financial institutions, Open Banking, Open Finance
UK-based digital identity company Yoti has announced that it received GBP 12.5 million in debt funding from HSBC and GBP 7.5 million from existing shareholders.
funding, investment, identity verification, digital identity, fraud prevention
Amnon Samid, CEO of BitMint, an AI-Powered Cyber-Innovation Hub, tackles current cryptography-based digital currencies, that cannot serve as a means of better financial fairness and inclusion.
CBDC, payments , cash, digital currency, quantum computing, digital wallet, central bank, stablecoin, tokenization
As the digital sterling is a once-in-a-generation change in the way that money works, David Birch strongly advises all stakeholders to take the time to work out exactly how it should work and make sure that it is implemented correctly.
wholesale CBDC, CBDC, online payments, banks, cash, API, digital currency, digital euro, digital dollar
UK-based blockchain-based wholesale payments firm Fnality has raised USD 95 million in a funding round led by Goldman Sachs.
funding, investment, blockchain, payments
Central Bank of Nigeria has signed two memorandums of understanding (MoUs) with the Central Bank of Egypt and the London Institute of Banking and Finance (LIBF).
fintech, investment, central bank, banking, payments
Cryptocurrency exchange Binance has officially joined the FIDO Alliance and is gearing up to implement passkey technology.
cryptocurrency exchange, partnership, online authentication, online security, passkeys
Saskia Devolder, Strategic Programme Director Cross-border Payments at SWIFT: To connect payment systems worldwide, regulations need to be standardised and systems need to communicate effectively.
cross-border payments, ecommerce, marketplace, regulation, CBDC
Binance has informed its users in the United Kingdom that it will suspend deposits and withdrawals due to an issue with Skrill Limited.
cryptocurrency exchange, cryptocurrency, digital assets, transactions
The Central Bank of Nigeria has approved the operational guidelines to Open Banking in Nigeria kickstarting a new era in the banking industry in Nigeria.
Open Banking, Open Banking Ecosystem, Open Finance, digital banking, digitalisation
Railsr, an embedded finance platform, has been purchased and re-capitalised by a consortium, led by D Squared Capital.
fintech, embedded finance, acquisition, banks, AML
India-based In-Solutions Global (ISG), a payment solutions provider, has announced a strategic investment by J.P. Morgan.
partnership, investment, funding, payment methods
Austria-based mobile payment provider Bluecode has announced launching plugins for all web shops based on the "Magento" and "WooCommerce" shop systems.
product launch, mobile payments, payment processing, API, bank account
UAE-based Al Fardan Exchange has joined hands with JPMorgan to offer transfers in multiple currencies to corporate customers.
blockchain, money transfer, Ripple, XRP, cross-border payments
Bank of England has announced a temporary and targeted intervention against the backdrop of an unprecedented reprising in UK assets.
banks, regulation, financial services, risk management
Fintech credit and payment company MarketFinance has secured GBP 30 million from Viola to expand its B2B Pay Later embedded finance offering for SMEs.
funding, investment, B2B payments, embedded finance, embedded payments, payment methods