Pakistan based Freelancers to Begin Accepting Payments Indirectly via PayPal as Part of Pilot Program

Pakistan’s Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif said that there are some positive developments to look forward to this year. During an event called Tech Destination Pakistan, Dr. Umar Saif revealed that starting in February of this year, a pilot project should… Read More

Social Impact Fintech Prodigy Finance to Support International Students with Pursuing Educational Programs in Australia

In a move to foster global education and support aspiring students, Prodigy Finance has announced that it is now financing international master’s students “to pursue their studies in Australia.” Prodigy Finance, a social impact-driven FinTech and an international student loan lender is committed “to breaking… Read More

Fintech ClearBank, the Enabler of Embedded Banking for FIs, Announces Key Appointments

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances. Paul has reportedly had “a 20-year career in banking, and building… Read More

Financial Industry Report Examines Competitiveness of European Finserv Sector Against Peers in the US and Asia

Defining “competitiveness” in financial services is not a simple task, according to an extensive industry report. The aim of the report, produced by Luxembourg for Finance (LFF) in partnership with OMFIF, is to consider “the relative competitiveness of the European financial services industry against their… Read More

Fintech Professional Shares Feedback After Testing Digital Bank bunq’s AI Features, which Need A Lot of Improvement

bunq, a Dutch digital banking platform, has started describing itself as “the first AI-powered bank in Europe.” However, like most firms that claim to leverage AI, there is more hype than actual value being delivered to consumers. During the past few years, artificial intelligence has… Read More

UK’s NatWest Introduces Intellectual Property-based Lending to Support “High Growth” Businesses

High growth businesses generally own few tangible assets, but can be rich in IP and intangible assets, according to an update shared by NatWest Group. These businesses can find it difficult “to use their assets as collateral to secure growth funding, especially when compared with… Read More

Chargeback Management and Prevention Firm Chargebacks911 Releases Findings of Cardholder Dispute Index

Chargebacks911, an international chargeback management and prevention company, released the highly-anticipated findings of its 2024 Cardholder Dispute Index. This comprehensive research study compiles insights “from more than 4,000 consumers who have engaged in chargeback processes with their issuing banks in the past year.” Released in… Read More

UK Retailer Co-op Moves Payments and Fraud Prevention Tech Software into ACI Worldwide Cloud Platform

ACI Worldwide (NASDAQ: ACIW), a global enabler of mission-critical, real-time payments software, announced that a UK retailer Co-op has successfully moved its full stack of payments and fraud prevention technology software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure. As a strategic technology partner… Read More

Europe’s CaixaBank to Support Construction Financing of PPP Project Frankfurt Judiciary Center

CaixaBank and KfW IPEX-Bank are jointly providing HOCHTIEF financing for the interim construction financing of the PPP project Frankfurt (Germany) judiciary center. The project volume is in the low three-digit million range and “includes the parallel construction of two new judicial buildings in the Frankfurt… Read More

Fintech Startup Salmon Acquires Rural Bank in the Philippines

Southeast Asian Fintech company Salmon said it has secured approval from the Monetary Board of the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, to acquire a majority stake in the Rural Bank of Sta. Rosa (Laguna), a Filipino financial institution established in… Read More

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