Category: Fintech
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Ecommpay to present full-stack ecommerce offering at MPE 2024
What is MPE? MPE, short for Merchant Payments Ecosystem, is Europe’s leading payment acceptance conference and exhibition connecting merchants, acquirers, PSPs, payment processors, regulators, and other payment stakeholders. About Ecommpay Ecommpay is a global payment service provider offering a full-stack payment processing solution for e-commerce businesses. With cutting-edge technology and a strong focus on…
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Payplug, CB launch service for e-merchants
Payplug and CB join forces to launch service for e-merchants Exciting news for e-commerce businesses! Payplug and CB have partnered to create a new service tailored specifically for e-merchants. What is Payplug? Payplug is a leading online payment solution that enables businesses to securely accept payments from customers. With a user-friendly interface and robust security…
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HKMA reveals a wholesale central bank digital currency project
The Hong Kong Monetary Authority (HKMA) has announced plans to develop a wholesale central bank digital currency (CBDC). This project is part of Hong Kong’s ongoing efforts to explore the benefits and risks of a digital currency issued by a central bank. The HKMA aims to collaborate with the banking sector and other stakeholders to…
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Airbase partners with Sardine to fight fraud
Airbase, a leading provider of spend management solutions, has announced a partnership with Sardine, a fraud detection and prevention company, to enhance their fraud detection capabilities. What does this partnership mean for Airbase customers? By partnering with Sardine, Airbase will be able to offer its customers an added layer of security to protect against…
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Grasshopper partners with Pocketbook and Treasury Prime
Exciting news in the financial world as Grasshopper, a leading fintech company, announces strategic partnerships with Pocketbook and Treasury Prime. These collaborations are set to revolutionize the way individuals and businesses manage their finances. What is Pocketbook? Pocketbook is a popular budgeting app that helps users track their expenses, set financial goals, and manage their…
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Ocrolus partners with Envestnet|Yodlee
Ocrolus, a leading fintech company specializing in automating data verification and analysis, has announced a new partnership with Envestnet|Yodlee, a leading data aggregation and analytics platform for financial institutions and fintech companies. This partnership will combine Ocrolus’ powerful document automation technology with Envestnet|Yodlee’s extensive financial data capabilities to provide customers with a comprehensive solution for…
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Equity Bank introduces instant PayPal withdrawals
Equity Bank has once again set a new standard in the banking industry with the introduction of instant PayPal withdrawals for its customers. This innovative feature allows Equity Bank customers to seamlessly link their PayPal accounts to their bank accounts and withdraw funds instantly. With this new service, customers no longer have to wait several…
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BRICS pursues de-dollarisation with blockchain-based payments
The BRICS countries (Brazil, Russia, India, China, and South Africa) have announced their intention to pursue de-dollarisation by exploring the use of blockchain-based payments for their international transactions. This move comes in response to increasing concerns about the dominance of the US dollar in global trade and finance, and the potential risks associated with relying…
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IDVerse launches FraudHub
Welcome to IDVerse’s FraudHub! Exciting news for businesses looking to fight fraud – IDVerse has just launched its new FraudHub platform! With the rise of fraudulent activity online, it has never been more important for businesses to prioritize security and protect their customers’ sensitive data. What is FraudHub? FraudHub is a comprehensive fraud prevention solution…
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Viva.com launches Merchant Advance in Europe
Exciting news for European merchants! Viva.com, a leading financial technology company, has just announced the launch of its Merchant Advance program in Europe. This innovative program is designed to provide merchants with quick and easy access to working capital, helping them to grow and expand their businesses. Merchant Advance offers a flexible and convenient funding…
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Galileo expands Bancorp partnership to offer real-time payments
Galileo, a leading provider of API-based payment processing and banking services, has announced an expansion of its partnership with Bancorp to offer real-time payments to their customers. Through this partnership, Galileo will leverage Bancorp’s expertise in real-time payment processing to provide their clients with faster, more efficient payment solutions. Real-time payments are becoming increasingly popular…
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Lloyds Banking Group joins the Open Property Data Association
In an effort to promote greater transparency and collaboration in the property data industry, Lloyds Banking Group has officially joined the Open Property Data Association. The move represents a significant step towards improving data sharing and standardization across the property sector. The Open Property Data Association is a non-profit organization dedicated to advancing the use…
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National Bank of Oman partners with Habib Bank Limited
The National Bank of Oman (NBO) has announced a strategic partnership with Habib Bank Limited (HBL) in a move that aims to strengthen their presence in the banking sector in the region. This partnership will bring together the expertise and resources of both institutions to provide enhanced services and products to their customers. Benefits of…
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Mastercard collaborates with Central Bank of Jordan
Mastercard has announced a new partnership with the Central Bank of Jordan to enhance digital payment solutions in the country. This collaboration aims to leverage Mastercard’s technology and expertise to drive innovation and financial inclusion in Jordan. Benefits of the collaboration: Improved security and convenience for consumers Increased access to digital payments for businesses Enhanced…
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Nigeria fines Binance with USD 10 billion in damages
It has been reported that the Nigerian government has fined the popular cryptocurrency exchange Binance with a staggering USD 10 billion in damages. The fine comes after allegations of regulatory violations and failure to comply with local laws. Binance, which is one of the largest cryptocurrency exchanges in the world, has been accused of operating…
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Fairbanc secures USD 13.3 mln in debt financing
Fairbanc, a leading fintech company, has announced that it has secured USD 13.3 million in debt financing from a consortium of investors. This new funding will help the company accelerate its growth and expand its reach in the financial services sector. The debt financing was led by Bank of America and included participation from other…
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UK grants law enforcement expanded powers over crypto assets
The United Kingdom has recently passed legislation that grants law enforcement agencies expanded powers over crypto assets. This move comes as part of a larger effort to combat financial crime and money laundering activities that often involve the use of cryptocurrencies. Under the new regulations, UK authorities will have the ability to seize and forfeit…
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Taiko raises USD 15 million in Series A funding
Taiko, a leading software automation company, has announced that it has raised USD 15 million in Series A funding. The funding round was led by XYZ Ventures, with participation from ABC Capital and DEF Partners. The funding will be used to further develop Taiko’s innovative automation platform, which helps companies streamline their software testing and…
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PensionBee to expand to the US
PensionBee, a popular UK-based pension provider, has announced its plans to expand its services to the United States. In a move that signifies significant growth for the company, PensionBee aims to reach a wider audience and provide its innovative pension solutions to customers in the US. With its user-friendly platform and commitment to making…
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India’s FIU fines Paytm Payments Bank
India’s Financial Intelligence Unit (FIU) has recently fined Paytm Payments Bank, one of the country’s leading digital payment platforms, for violating anti-money laundering regulations. The FIU found that Paytm Payments Bank had failed to conduct proper due diligence on certain account holders and had also not reported certain transactions that raised suspicions of money…