March 30, 2024 @ 7:01 am By Michael Wong  |  

MOVE Digital, the digital arm of Malaysia-listed aviation group Capital A, announced a strategic collaboration with Singapore’s fintech powerhouse, Ant International. This partnership aims to diversify payment methods, enhance digital marketing efforts, and foster sustainable finance practices for the micro, small & medium enterprise (MSME)… Read More

 Tagged AirAsia, AirAsia Move, ant international, fintech, malaysia, payments

March 29, 2024 @ 12:38 pm By Michael Wong  |  

Pacific Island nations are poised to harness the digital money revolution to enhance their financial systems, improve financial inclusion, and counteract the decline in correspondent banking relationships, according to research conducted by the International Monetary Fund (IMF). The geographic isolation, small size, and distinct challenges… Read More

 Tagged central bank digital currencies, digital money, imf, international monetary fund

March 29, 2024 @ 11:43 am By Omar Faridi  |  

HID, a worldwide enabler of trusted identity solutions, in partnership with Temenos, a global provider of banking software solutions, announces a collaboration with Santander International to provide robust and flexible customer authentication for its digital banking platform. Santander International, like all modern financial institutions, “faces… Read More

 Tagged digital identity, hid, santander, temenos

March 29, 2024 @ 11:03 am By Omar Faridi  |  

PhonePe App users traveling to the UAE can now make payments using UPI at Mashreq’s NEOPAY terminals, available across a wide array of retail stores, dining outlets, as well as tourist and leisure attractions. They simply need to “scan the QR code for seamless and… Read More

 Tagged digital payments, india, phonpe, uae, upi

March 29, 2024 @ 9:00 am By Omar Faridi  |  

NewRetirement, a comprehensive, digital-first financial planning platform for consumers and enterprise partners, announced that it has closed its Series A round with $20 million in funding. The funding round was “led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture… Read More

 Tagged funding, funding round, newretirement, retirement

March 29, 2024 @ 8:20 am By Tony Zerucha  |  

The National Association of Industrial Bankers (NAIB), the American Financial Services Association (AFSA) and the American Fintech Council (AFC) filed a lawsuit in federal court this week, challenging a new Colorado statute they claim violates federal law by imposing interest-rate and fee caps on loans… Read More

 Tagged American Financial Services Association, american fintech council, Bill Himpler, colorado, Frank Pignanelli, National Association of Industrial Bankers, Phil Goldfeder

March 29, 2024 @ 8:13 am By Omar Faridi  |  

Alchemy Pay has invested in LaPay UK Ltd, a Fintech dedicated to facilitating international business growth for companies. LaPay holds an Authorised Payment Institution (API) License in the UK “with reference number 914920 and is regulated by the UK Financial Conduct Authority (FCA).” The strategic investment… Read More

 Tagged alchemy pay, digital payments, uk, united kingdom

March 29, 2024 @ 8:09 am By JD Alois  |  

Monzo, a UK-based digital bank, says it now can accept accounts from Limited Companies owned by other firms. These firms may now apply for a business account. In a blog post, Monzo explains that many Limited Companies are owned by individuals, but as the company… Read More

 Tagged banking, digital bank, monzo, uk, united kingdom

March 29, 2024 @ 7:34 am By Michael Wong  |  

Bavest, a Frankfurt/Munich-based business-to-business fintech firm, has announced raising €1.1 million (about $1.2 million) in a pre-seed funding round, signaling strong market confidence in its innovative financial infrastructure solutions. The investment round draws support from a notable group of backers, including Bitpanda co-founder Christian Trummer,… Read More

 Tagged B2B Fintech, Bavest, funding round, germany, Startup Funding

March 28, 2024 @ 5:14 pm By Omar Faridi  |  

FusionIQ, a firm focused on the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial advisors and institutions, announced the launch of its FIQ Market One on the FusionIQ One platform. The product marks a significant shift in the wealth management… Read More

 Tagged digital financial services, fusioniq, wealth management