Fintech, Banking, News.
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Mastercard partners with Octopus to improve travel payments in Hong Kong
Mastercard has announced a new partnership with Octopus, Hong Kong’s leading payment service provider, to enhance the travel payment experience in the city. With this collaboration, Mastercard users will now be able to use their existing Mastercard cards to pay for public transportation in Hong Kong, including buses, trams, ferries, and the MTR subway system.…
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OneID partners with SurePay
Exciting news in the world of digital identity verification! OneID, a leading provider of secure identity solutions, has announced a new partnership with SurePay, a trusted payment platform. By joining forces, OneID and SurePay will revolutionize the way users verify their identity online, making it easier and more secure than ever before. This partnership will…
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Robinhood launches retirement programme for independent workers
Robinhood Launches Retirement Programme for Independent Workers Robinhood, the popular investment app, has announced the launch of a new retirement programme specifically designed for independent workers. This programme aims to help freelancers, gig workers, and other self-employed individuals save for retirement in a simple and cost-effective way. Key Features of the Retirement Programme: Low…
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Socure partners with Trustly
Socure, a leading provider of digital identity verification solutions, has announced a strategic partnership with Trustly, a global leader in online banking payments. This partnership will enable Socure to enhance its identity verification capabilities by incorporating Trustly’s secure payment services into its platform. Benefits of the partnership: Improved security: By leveraging Trustly’s payment services, Socure…
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Orum goes live with the Federal Reserve
Exciting news for Orum, a leading technology company in the financial services industry – they are now live with the Federal Reserve! This collaboration marks a significant milestone for Orum and highlights their commitment to innovation and efficiency in the world of banking and payments. Orum’s partnership with the Federal Reserve will enable them to…
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ABN AMRO and Buckaroo join forces
ABN AMRO, one of the largest banks in the Netherlands, has announced a strategic partnership with Buckaroo, a leading payment service provider. This collaboration aims to enhance the payment solutions offered to businesses and consumers, providing a seamless and secure payment experience. Benefits of the partnership Increased security: By leveraging ABN AMRO’s robust security measures…
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Nium secures Type 1 FTSP licence from JFSA
SINGAPORE: Nium, a global payments platform, announced today that it has secured a Type 1 Financial Instruments Business Operators licence from the Japan Financial Services Agency (JFSA). This licence allows Nium to offer its services in Japan and marks a significant milestone for the company’s expansion in the region. Nium’s CEO, Prajit Nanu, commented on…
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Wedge launches programmable payment solution for banking
Wedge, a leading financial technology company, has unveiled its latest innovation – a programmable payment solution designed specifically for the banking industry. This new offering promises to revolutionize the way financial institutions manage their payment processes, making transactions faster, more secure, and more efficient than ever before. What is programmable payment? Programmable payment is an…
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Kraken launches Kraken Institutional brand
Kraken Launches Kraken Institutional Brand Leading cryptocurrency exchange, Kraken, has announced the launch of its new brand specifically tailored for institutional clients – Kraken Institutional. This move comes as part of Kraken’s ongoing efforts to expand its services and cater to the needs of a wider audience. With the cryptocurrency market gaining more mainstream acceptance,…
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CRB Group unveils Investment Banking strategy
The CRB Group, a leading financial services firm, has announced its new Investment Banking strategy aimed at providing innovative solutions for its clients. The group’s focus on investment banking comes as part of its commitment to delivering comprehensive financial services to its customers. With its extensive experience in…
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Volt obtains EMI licence in the UK
London-based fintech company Volt has recently announced that it has obtained an Electronic Money Institution (EMI) license from the Financial Conduct Authority (FCA) in the UK. This milestone achievement allows Volt to offer a wider range of financial services to its customers, including the issuance of electronic money, payment services, and other related activities. With…
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Treasury Department to develop financial inclusion strategy
Treasury Department to Develop Financial Inclusion Strategy The Treasury Department announced today that it will be developing a new financial inclusion strategy aimed at expanding access to and usage of financial services for underserved communities. This initiative comes at a time when many Americans are facing economic hardships due to the ongoing COVID-19 pandemic, highlighting…
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Green Dot faces Fed’s proposed consent order
The Federal Reserve Board recently announced a proposed consent order that could potentially have a significant impact on Green Dot, a leading fintech company. The order stems from alleged deficiencies in Green Dot’s anti-money laundering processes and compliance with the Bank Secrecy Act. In response to the proposed order, Green Dot has stated that they…
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One Inc forms technology integration with Sapiens
One Inc, a leading provider of digital payment solutions for the insurance industry, has announced a new technology integration with Sapiens, a global provider of software solutions for the insurance industry. This integration will combine One Inc’s advanced payment capabilities with Sapiens’ innovative insurance software to deliver a seamless and efficient experience for insurance companies…
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Experian’s credit reports to include Apple Pay Later loan info
Experian to Include Apple Pay Later Loan Information in Credit Reports Experian, one of the major credit bureaus in the United States, has announced that it will be including information about Apple Pay Later loans in its credit reports. This move is seen as a significant step in recognizing the importance of alternative credit data…
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CFIT offers recommendations on UK Open Finance
The Consumer Financial Data Right (CFDR) Implementation Trust (CFIT) has recently offered recommendations on the implementation of UK Open Finance. Open Finance is an initiative aimed at giving consumers greater control over their financial data and enabling them to securely share this data with third-party providers. CFIT has recommended that the UK government should establish…
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ACI Worldwide, Kuvasz Solutions extend partnership
ACI Worldwide, a leading global provider of real-time electronic payment solutions, has announced an extension of its partnership with Kuvasz Solutions, a pioneering financial technology company. Under the expanded agreement, ACI will continue to provide Kuvasz Solutions with its industry-leading payments platform, ACI Speedpay. This platform enables Kuvasz Solutions to offer its customers a wide…
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Šiaulių Bankas selects Temenos to modernise core banking platform
LITHUANIA – Šiaulių Bankas, one of the leading banks in Lithuania, has announced that it has selected Temenos, the banking software company, to modernise its core banking platform. The partnership will enable Šiaulių Bankas to enhance its digital capabilities and offer its customers a more efficient and seamless banking experience. With Temenos’ advanced core banking…
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Yapily partners with Uncapped
Yapily, a leading open banking provider, has announced a new partnership with Uncapped, a fintech company that provides revenue-based financing solutions for e-commerce businesses. This partnership will allow Uncapped to leverage Yapily’s open banking technology to more efficiently assess and underwrite financing for e-commerce merchants. By accessing real-time financial data through Yapily’s API, Uncapped will…
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Fiserv ponders M&A
Fiserv, a leading global provider of financial services technology, is reportedly considering potential mergers and acquisitions (M&A) in the near future. The company, which offers a wide range of solutions to help financial institutions streamline their operations and enhance customer experience, is looking to expand its market presence and drive growth through strategic partnerships. With…
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