The Central Bank of Kuwait (CBK) announced that Kuwait Clearing Company (KCC) has now joined the Real Time Gross Settlement System (KASSIP), “effective Sunday 24/12/2023 upon completion of automated linking and passing the technical tests.” The system would thereby “execute final settlements for financial transactions… Read More
Tagged central bank of kuwait, mena, middle east, real-time transactions
Pakistan’s Fintech firm SadaPay recently explained how retaining your earnings in USD with SadaBiz change the game for your freelancing career. With this feature, the Fintech company explains that it is turning your most requested need into a reality, reshaping how you interact with your… Read More
A new Surfshark study finds several Fintech apps do more than provide advice and service – they also collect and share user data. The research highlights that fintech apps collect significant user data, particularly Paypal and Robinhood. Mint shares 70% of collected data. One in… Read More
Tagged Agneska Sablovskaja, surfshark
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced it has expanded its services with Walmart in order to “bring Affirm’s transparent and flexible pay-over-time options to self-checkout kiosks at over 4,500 Walmart stores in the United States.”… Read More
Tagged affirm, bnpl, checkout, flexible payments, pay over time, united states, us, walmart
Tuum is pleased to announce that Foke Burmeister has joined as the new Sales Director for the DACH (Germany, Austria, and Switzerland) and CEE (Central and Eastern Europe) regions. With an extensive track record in core banking and payments at EY and Accenture, Foke is… Read More
Tagged austria, dach, europe, foke burmeister, germany, switzerland, tuum
2023 marked Nubank’s (NYSE:NU) tenth anniversary with further innovation from one of the world’s largest digital financial services platforms. Over the past 12 months, the company has “launched over 45 new solutions to give people more autonomy and security in managing their finances.” With significant… Read More
Tagged banking, brazil, digital banking, latam, latin america, nubank
Smart Pension, which claims to be one of the UK’s leading workplace pension providers, has signed an open letter urgently “calling for more asset managers to offer pass-through voting on pooled funds.” Collectively representing pension schemes, endowments and wealth managers stewarding approximately £250bn assets under… Read More
Tagged pensions, smart pension, uk, united kingdom
Medius, a global provider of autonomous accounts payable (AP) automation and spend management solutions, announced that it has entered into a series of partnerships with several UK-based value-added resellers (VARs) and consultants for ERP solutions including those for Sage, IFS, Infor, OpenAccounts, Access, and eBIS…. Read More
Tagged doug embleton, Medius, uk, united kingdom
AU10TIX, a global technology provider of identity verification and management services, this week released its Q3 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from July to September 2023, the report uncovers significant trends in the world of… Read More
Tagged au10tix, dan yerushalmi, fraud, identity, mica
Digital bank Revolut has shared some important financial updates. Revolut reveals that its revenue has reportedly “increased to $1.1bn (£923m) in 2022, up 45% from $786m (£638m) in 2021.” Revolut added almost 10m customers last year “with a 71% increase in deposits and 55% increase… Read More
Tagged banking, digital bank, martin gilbert, nik storonsky, revolut, uk, united kingdom
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