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Nigeria and Togo have announced the decision to require their biometric digital ID systems in the process of managing government loan schemes.
identity verification, biometrics, biometric authentication, identity theft, digital identity, fraud management, fraud detection, online fraud, financial inclusion
Carl Slabicki, Co-Head of Global Payments for BNY Mellon’s Treasury Services, explores Open Banking’s development in the US, how it is transforming B2C payments, and what more can be done to maximise its potential.
Open Banking, Open Finance, API, KYC, fintech
US-based fintech engine Vestwell has secured USD 125 million in a pre-empted round of funding led by Lightspeed Ventures.
funding, investment, expansion, acquisition
UK-based TrueLayer has partnered with Lendable to integrate its Account Information Services (AIS) and Variable Recurring Payments (VRP) products into the latter’s financial ecosystem.
personal finance management, banking, customer experience, lending, financial services, underwriting
Brazil-based financial services provider QI Tech has raised USD 200 million in a Series B funding round led by General Atlantic.
funding, investment, financial services, fintech
Fintech Earnest has partnered with consumer debt guidance tools provider Payitoff to provide financial enabling by launching Student Loan Manager.
partnership, product launch, financial services, personal finance management, online platform
Kenya-based communication solutions company Safaricom has partnered with EABL and Vivo to launch the Bar and Shell apps on the M-PESA application.
partnership, payments , online payments, digital payments, mobile payments
US-based fintech MPOWER has received USD 150 mln in funding from Goldman Sachs and intends to spend it on education loans to international students.
funding, investment, expansion, fintech
Kenya-based communication solutions company Safaricom and the Higher Education Loans Board (HELB) have partnered to launch the HELB mobile wallet and HELB M-PESA mini app.
product launch, mobile payments, lending, digital wallet, partnership
Bank of America has decided to expand its Hope Inside financial counselling programme in the context of rising inflation.
financial services, banks, bank account, personal finance management
partnership, BNPL, ecommerce, credit card, online payments
US-based financial automation company Tally has raised USD 80 million in series D funding.
fintech, funding, financing , credit scoring
ICICI Bank has partnered with National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.
banks, partnership, credit card, product launch, BNPL
With the banking & fintech market in the CEE region growing significantly in the past few years, The Paypers went to Unchain Fintech Festival in Romania to find out why
fintech, banking, cryptocurrency, mobile banking, CBDC, central bank, BNPL, lending, cloud, artificial intelligence
ICICI Bank, an India-based private sector lender, has launched a digital platform to address the needs of the students aspiring to pursue higher education.
banks, product launch, digital banking, financial services, payments
Germany-based Gen Z neobank OWWN has announced launching in beta phase.
product launch, neobanks, Gen Z, financial services, financing , mobile banking
US-based employment and income verification provider Truework has added instant pre-approvals and embedded payroll data for higher conversion and better user experiences.
credit scoring, lending, product upgrade
Australia-based fintech ZeeFi has announced that it specialises in payments for education providers, with an offering called ‘Study Now, Pay Later’.
startup, BNPL, product launch, instalment payments, financial inclusion
US-based Splash Financial, a student loan refinancing marketplace and technology platform, has raised USD 44.3 million during an investment round.
lending, funding, fintech
partnership, banks, data