Fintech: Dubai 10X Initiative Propels City a Decade Ahead in Innovation

Dubai’s ambitious journey towards becoming a global leader in innovation and sustainability is gaining momentum, as highlighted by the emirate’s forward-thinking initiatives and investments in futuristic technologies. At the heart of this journey is the Dubai 2040 Urban Master Plan, aimed at making Dubai the… Read More

Mangopay, a Payment Infrastructure Fintech, Selected by Maisons du Monde, a Home Decor and Furniture Retailer

Mangopay, a platform-specific payment infrastructure provider, today announces that it has been selected by Maisons du Monde, a home decor and furniture retailer, to offer seamless payment experiences to its marketplace customers. The integration of Mangopay’s modular payment infrastructure “marks a significant step forward in… Read More

Australia and New Zealand’s Business Lender ScotPac Teams Up with Financial Services Firm Ebury

Australia and New Zealand’s non-bank business lender ScotPac, and global financial services firm Ebury have announced a new partnership aimed “at making trading on a global scale faster and more accessible for all businesses.” The collaboration will provide clients of both businesses “with ready access… Read More

Expected “Record Breaking” UK Inheritance Tax Receipts Demonstrate Need for Financial Planning – Report

HMRC recently announced the latest Inheritance Tax (IHT) receipts. (HMRC tax receipts and National Insurance contributions for the UK (monthly bulletin) – GOV.UK.) For April 2023 to October 2023 these “are £4.6 billion, which is £0.5 billion higher than the same period last year.” This… Read More

Regtech AMLYZE Teams Up with Digital Banking Platform Plumery

AMLYZE, a RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, and Plumery, a digital banking solution provider, have joined forces in a partnership in order “to reshape the landscape of financial technology.” With a commitment to combating financial crime, AMLYZE offers… Read More

Digitt+, an Agri-Fintech Firm, Granted Full Commercial Approval by State Bank of Pakistan (SBP)

Digitt+, an agri-fintech company, has been granted with a full commercial approval by the State Bank of Pakistan. This recent achievement marks “the culmination of an exciting journey that began with pilot approval, during which they onboarded 10,000 customers, facilitated transactions of worth PKR 400… Read More

Mastercard JV Approved to Begin Local Payments Processing in China

Mastercard (NYSE: MA) announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) in order “to commence domestic bankcard clearing activity in China.”… Read More

India: Fintech Innovator Scapia Raises $23m for Travel Payments

Scapia, an India-based fintech company focused on making travel more accessible, has successfully raised $23 million in its Series-A funding round. The round was led by Elevation Capital and 3STATE Ventures, with participation from existing investors Matrix Partners India and Tanglin Venture Partners. Scapia said… Read More

Indonesia: Central Bank Issues Ethical Guidelines on AI for Fintech

Indonesia’s central bank, the Financial Services Authority (OJK), has partnered with the country’s fintech associations to issue what it describes as ethical guidelines on artificial intelligence (AI) use in the context of the fintech industry. The guidelines were formulated in collaboration with four leading fintech… Read More

India: Micro-lender Arohan Financial To Expand Digital Lending Operations

India-based micro-lender Arohan Financial Services is reportedly planning to expand its digital lending operations as part of its overall goal of revolutionizing microfinance with digital push. Arohan said it will leverage its ‘Apna Arohan’ app for more efficient loan disbursements and improved repayment compliance. Launched… Read More

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