July 29, 2024 @ 5:26 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is poised to significantly advance the digital payments landscape in the country with the upcoming introduction of its Request to Pay (RTP) and Direct Debit facilities. Announced by BSP Deputy Governor Mamerto Tangonan… Read More

 Tagged bsp, digital payments, payments, Philippines

July 28, 2024 @ 11:43 pm By Omar Faridi  |  

Zafin, the provider of SaaS core modernization and transformation solutions for banks announces that Rabobank a multi-national banking and financial services company, headquartered in the Netherlands with more than 9.1 million customers has selected the Zafin platform to optimize its pricing, billing and invoicing capabilities… Read More

 Tagged europe, netherlands, rabobank, Zafin

July 28, 2024 @ 10:42 pm By Omar Faridi  |  

Businesses in the UK can access Lightyear’s new business accounts and start putting their money to work through cash interest and investments on the platform. This comes as the neobroker releases analysis “on new Bank of England data highlighting the increase in the total amount… Read More

 Tagged cash, investments, lightyear, uk

July 28, 2024 @ 9:24 pm By Omar Faridi  |  

Late payments to UK small businesses surged over the last three months, with payments delayed by more than a week on average, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform. Payments to small businesses were “made… Read More

 Tagged data, payments, small businesses, uk

July 28, 2024 @ 8:19 pm By Omar Faridi  |  

The Ireland card payments market is forecast to grow by 5.4% to reach EUR95.2 billion ($102.9 billion) in 2024, supported by growing consumer preference for electronic payments, forecasts GlobalData, a data and analytics company. GlobalData’s Payment Cards Analytics reveals “that card payment value in Ireland… Read More

 Tagged card payments, data, ireland, payments

July 28, 2024 @ 6:46 pm By Omar Faridi  |  

Galileo Financial Technologies, a financial technology solutions provider and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement helps clients protect against card-not-present (CNP) debit and credit card fraud, projected to escalate… Read More

 Tagged access control server, financial technology, galileo financial technologies, sof

July 28, 2024 @ 5:18 pm By Omar Faridi  |  

UniCredit S.p.A. has announced that it has entered into a binding agreement for the acquisition of the entire share capital of Vodeno Sp. z o.o. and Aion Bank NV/SA. The companies combine an innovative, scalable, and flexible cloud-based platform with banking services based “on Aion’s… Read More

 Tagged acquisition, aion bank, unicredit, vodeno

July 28, 2024 @ 5:10 pm By Tony Zerucha  |  

Kasheesh, a digital payment platform that allows anyone to split payment for online purchases across multiple credit cards, this week launched Multi Use Card. Kasheesh’s Multi Use Card offers one, reusable card that can split purchases across up to five debit, credit cards, and gift… Read More

 Tagged Kasheesh, Kevin Kim, payment splitting, Sam Miller

July 28, 2024 @ 5:01 pm By Omar Faridi  |  

Embedded finance provider Weavr has obtained an Electronic Money Institution (EMI) License from the Maltese Financial Services Authority (MFSA) to support its European embedders. Weavr announces that it has “acquired a European e-money license.” The license is significant for both Weavr and the embedded finance… Read More

 Tagged embedded finance, malta, mfsa, weavr

July 28, 2024 @ 4:39 pm By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Semi-Annual Report: UK FinTech H1 2024. The report, based on Tracxn’s extensive database, “provides insights into the United Kingdom (UK) FinTech space.” The UK FinTech ecosystem was “the second highest globally in terms of… Read More

 Tagged fintech adoption, research, uk, united kingdom