European Fintech Payhawk to Enhance Spend Management with Product Update

Payhawk has launched a new service called Link & Control. This  services aims to allow users to link their bank-issued corporate cards to the platform and add real-time spend controls to the business credit cards they use. This update comes as Payhawk doubles down on… Read More

Abyan Capital Introduces Shariah-Compliant, Self-Directed Access to US Markets with Alpaca

Abyan Capital, a robo-advisory1 investment platform in Saudi Arabia, announced the launch of their new self-directed trading service. The service will reportedly enable users to trade US equities as well as open high-yield savings accounts in compliance with Shariah law. Supporting this offering is Alpaca,… Read More

Openbank and Santander Consumer Finance to Integrate Services in Europe

Openbank and Santander Consumer Finance announced that they will integrate in Europe, expanding their range  of products and services to customers. Banco Santander (NYSE: SAN) noted that it will merge Openbank and Santander Consumer Finance (SCF) into a single legal entity and will gradually operate its… Read More

Revolut Now Approved to Introduce Digital Banking Operations in Mexico

Digital bank Revolut, which enables a global fintech platform with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to commence operations as a Multiple Banking Institution… Read More

European Fintech TrueLayer to Acquire Nordic Pay By Bank Network Zimpler

TrueLayer says it has signed an agreement to acquire Zimpler, a Pay by Bank network in the Nordics. The acquisition will now aim bring together two of Europe’s Pay by Bank providers, further strengthening TrueLayer as a key player in the crowded European payments industry…. Read More

Payroll Platform Bitwage Reports AWS Outage Issues Being Resolved

Bitwage, an international payroll platform that gives workers the flexibility to receive their earnings in various currencies, is reporting that service disruption caused by the AWS outage have now been resolved. According to the update from Bitwage, most payment processes are now “back to normal.” Still,… Read More

ASEAN Signs MoU To Unify Instant Payments

Six national payment networks from five Association of Southeast Asian Nations (ASEAN) countries have signed a memorandum of understanding to form a common standards body for non-card instant retail payments, aiming to make cross-border transactions faster and safer while preserving national control. The George Town… Read More

Sony Bank‘s Connectia Trust to Focus on Crypto Sector, Submits Request to OCC for National Trust Bank Charter

Sony Bank‘s wholly owned subsidiary, Connectia Trust, has submitted a formal request to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This application, submitted earlier this month, signals Sony Group’s commitment to blockchain tech advancements and breakthroughs, aiming… Read More

OpenFX Explains Why Settlement Speed Is the New Infrastructure Moat

OpenFx noted that just five months back, they came out of stealth at $8B in annualized payment volume. And this past month, they claim to have crossed $20B. Somewhere along that process and journey, the customer conversation fundamentally changed, the OpenFX team claims. At $8B,… Read More

EWA Firm Rain Integrates With HR Platform Paylocity

Rain, a provider of earned wage access (EWA) solutions, this week announced the launch of a new integration with HR, payroll and spend management platform, Paylocity. Paylocity clients will now have access to a streamlined earned wage access solution directly through the company’s integrations marketplace. This… Read More

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