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The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have launched a national payment card aimed at boosting financial inclusion in the region.
product launch, partnership, payments , card scheme, payment methods, financial inclusion, transactions , FX , banking
The Reserve Bank of India (RBI) has ordered SBM Bank India to stop all transactions under Liberalised Remittance Scheme (LRS) till further orders.
central bank, banks, remittance, transactions , digital currency
Deutsche Bank’s Blue Water Fintech Lab has developed a robotic process automation platform for processing and matching data in several banks.
banks, product launch, data, fintech, transactions
The ClearScore Group has launched a B2B business unit to offer UK lenders a comprehensive Open Banking connectivity and transaction categorisation intelligence.
product launch, Open Banking, data, B2B payments, transactions
Scotiabank has announced it will introduce a USD 1.50 fee for digital transfers to other banks starting with February 10, 2023.
banks, digital banking, online banking, digitalisation, transactions
Vilja, a Nordic cloud-native core banking platform vendor, has deployed Finshark’s Open Banking technology in order to expand its banking platform.
expansion, Open Banking, cloud, fintech, transactions
Oman Air has partnered with HSBC Oman for an international payments process, that aims to increase efficiency and security.
partnership, cross-border payments, transactions , banks, travel payments
ACI Worldwide, a payments-software provider, has been rumoured to be in talks with private equity firms about a potential sale.
payments , banks, merchants, transactions , fraud detection
World Bank Group’s International Bank for Reconstruction and Development (IBRD) has provided Indonesia USD 250 million to help strengthen the country’s civil registration.
investment, digital identity, banks, biometrics, transactions
The Bangko Sentral Pilipinas (BSP) has extended the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System (PhilPaSSplus).
banks, COVID-19, transactions , payments , ATM
Switzerland-based mobilezone has announced taking over the mobile virtual network operator Digital Republic and thus entering the IoT market.
IOT, acquisition, partnership, transactions
Italy's parliament has approved a measure in the 2023 budget that will impose a levy on payments firms and banks if they fail to agree lower fees on electronic transactions with shopkeepers.
regulation, central bank, transactions , payment methods
Sweden-based robo advisor Lysa has announced expanding to Germany.
expansion, investment, banking, mobile banking, transactions , wealth management
Private equity firm Thoma Bravo has announced it is scooping up business spend management software company Coupa for a total of USD 8 billion.
acquisition, e-invoicing, spend management, transactions , fintech
Trovata and J.P. Morgan Asset Management, have partnered to help joint customers tap into Morgan Money’s services to access higher yields on corporate investing.
partnership, investment, trading platform, cash flow, transactions
The Bank of London has joined the Bankers’ Automated Clearing Services (BACS) payment network, allowing account-to-account (A2A) payments between banks in the UK.
account-to-account payment, banks, transactions , credit card, debit card
Curve, a UK-based financial app, has closed a deal to fund its first USD 1 billion in loans with a facility provided by Credit Suisse.
funding, transactions , merchant, credit card, BNPL
Fraudsters and scammers don’t take a festive break, says Callsign’s Sarah Whipp. That’s why it’s important to start new year’s resolutions in December.
scam, fraud detection, account takeover, COVID-19, financial institutions, two-factor authentication, transactions , biometrics, banks, payments
Transferlink, an Estonia-based payment tracking tool, has partnered with Nordigen to access their Open Banking services.
partnership, Open Banking, financial data, transactions , banks
Fintech Society Pass (SoPa) has partnered with Stripe to integrate its payments platform and power transaction settlement services for merchants and consumers.
partnership, payments , online payments, payment processing, digital payments, ecommerce platform, online platform, settlement, transactions