December 17, 2023 @ 6:17 am By Michael Wong  |  

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has urged for tougher regulations in the fintech sector and the operations of Bureaux de Change. This call was made by ACAEBIN Chairman, Prince Akamadu, during the association’s 57th quarterly general meeting in Lagos…. Read More

 Tagged Auditors, fintech, nigeria, regulations

December 16, 2023 @ 6:32 pm By Tony Zerucha  |  

Repay, a provider of vertically-integrated payment solutions, this week announced a new technology integration with Akuvo, a provider of cloud-based software that elevates how financial institutions collect and manage their portfolios. The Repay integration with Aperture, Akuvo’s collections management software, enables financial institutions to accept digital… Read More

 Tagged Akuvo, digital payments, integration, jake moore, Mike Ruggiero, repay

December 16, 2023 @ 5:31 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced a partnership with Zenni Optical, the online eyewear retailer. Now, eligible shoppers can pay over time for their favorite items “from Zenni’s extensive selection of fashionable and high-quality prescription and… Read More

 Tagged affirm, bnpl, david ting, financial services, pat suh, payments, zenni optical

December 16, 2023 @ 5:30 pm By Tony Zerucha  |  

Twilio, a customer engagement platform that drives real-time, personalized experiences, and Jack Henry this week announced Jack Henry is leveraging a suite of Twilio products to enable banks and credit unions to communicate better and engage with their customers across digital channels. Jack Henry uses… Read More

 Tagged Chad Killingsworth, David Lowes, digital enggagement, jack henry, SMS, twilio

December 16, 2023 @ 5:28 pm By Omar Faridi  |  

EBANX, a global fintech company specializing in payment solutions for rising economies, announced the direct integration of Botón Bancolombia, a payment method created by Bancolombia bank, to be part of its array of available payment methods in Latin America. This strategic partnership aims “to streamline… Read More

 Tagged colombia, digital financial services, digital payments, ebanx, latam, payments

December 16, 2023 @ 5:26 pm By Omar Faridi  |  

Visa (NYSE: V), an enabler of digital payments, announced it has entered into a definitive agreement to acquire a majority interest in Prosa, a payments processor in Mexico, to accelerate “the adoption of secure and innovative digital payments in the country.” Under the agreement, Prosa… Read More

 Tagged fintech adoption, fintech trends, investments, latam, latin america, mexico, payments, prosa, visa

December 16, 2023 @ 5:25 pm By Omar Faridi  |  

Revolut, the financial global super app with over 35 million customers worldwide, has announced that its customers have raised over £1 million in order “to support refugees around the world through UK for UNHCR, the UN Refugee Agency’s national partner for the UK.” The milestone… Read More

 Tagged digital banking, emma cherniavsky, financial services, fintech apps, revolut, unhcr, vlad yatsenko

December 16, 2023 @ 5:24 pm By Omar Faridi  |  

“Who’s calling now?” has become a “ubiquitous” question and a “sign of the times” for mobile users as fraud and spammers repeatedly target consumers through their phones. New research from TransUnion (NYSE:TRU) reveals that “around one-third of consumers experience fraud attempts multiple times per week,… Read More

 Tagged financial crime, fraud, fraudulent activities, mobile devices, research, Research Report, transunion

December 16, 2023 @ 5:22 pm By Omar Faridi  |  

In a key development for wholesale finance and digital asset markets, the initiation of the Sterling Fnality Payment System (£FnPS) brings together the institutional quality of central bank funds in a systemic wholesale payment system with the functionality and resilience of blockchain tech. Lloyds Banking… Read More

 Tagged blockchain adoption, central banks, digital assets, dlt, financial services, fnality, sterling fnality payment system, wholesale finance

December 16, 2023 @ 8:44 am By Michael Wong  |  

The online lending sector in India is witnessing a significant upswing, as highlighted in a recent report by the Fintech Association for Consumer Empowerment (FACE). The report details a notable annual growth of 39% in digital loan disbursement volumes and a 43% increase in value,… Read More

 Tagged digital lending, Digital Loan, fintech, Fintech Association for Consumer Empowerment, india