September 24, 2023 @ 10:24 pm By Omar Faridi  |  

Metro Bank’s ‘Scam of the Month’ for September 2023 is a warning to drivers about the influx of second-hand car scams “as approximately a million drivers take possession of their new 73 licence plate cars from September.” Purchase scams can take many forms; “with the… Read More

 Tagged banking, baz thompson, digital banking, financial services, fraud, fraudulent activities, metro bank, online banking, scammers, scams, uk, united kingdom

September 24, 2023 @ 10:23 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, announces its investment in the AMX-DWS Global Low Carbon Stewardship Fund. The fund is a new low-carbon global equity index strategy that “offers innovative stewardship voting capabilities, being one of the first pooled funds to offer… Read More

 Tagged carne, europe, investments, paul bucksey, pensions, smart pension, uk, united kingdom, workplace pension providers

September 24, 2023 @ 10:21 pm By Omar Faridi  |  

Starling Bank is raising the interest rate on its 1-Year Fixed Saver from 5.25% to 5.53% AER/Gross. Effective from Thursday 21 September 2023, Starling Bank customers “choosing the Fixed Saver will receive a return of 5.53% on balances of £2,000 – £1 million locked in… Read More

 Tagged digital banking, digital financial services, europe, fintech adoption, fintech trends, fixed saver accounts, interest rates, savings, starling, starling bank, uk, united kingdom, virtual banking

September 24, 2023 @ 10:19 pm By Omar Faridi  |  

Mastercard (NYSE: MA) wrote to several members of the U.S. Congress to highlight the harms the Credit Card Competition Act would “bring to consumers, businesses of all sizes and financial institutions. Today’s payments ecosystem enables consumers “to make purchases safely and securely while gaining access… Read More

 Tagged credit, credit cards, financial institutions, financial services, mastercard, Payment Cards, united states, us

September 24, 2023 @ 10:16 pm By Omar Faridi  |  

TreviPay, the global B2B payments and invoicing network, today released a new capability to support cross-currency sales between businesses, showcasing its commitment in “orchestrating choice, convenience and efficiency in B2B payments to merchants around the world.” TreviPay, which operates “in 32 countries and in 20… Read More

 Tagged b2b, b2b payments, Brandon Spear, invoicing, payments, trevipay

September 24, 2023 @ 10:02 pm By Omar Faridi  |  

Payhawk, the global spend management platform, announces ‘Payhawk Green’, the new platform features to help companies make more sustainable decisions related to company spending. The features are “available to all customers at no additional cost.” Payhawk Green will help companies make more sustainable decisions related… Read More

 Tagged financial services, fintech adoption, fintech trends, hristo borisov, payhawk, spend management, spending, sustainability

September 24, 2023 @ 8:11 pm By Omar Faridi  |  

In order to support innovation, financial inclusion as well as the emerging digital financial services ecosystem, the State Bank of Pakistan (SBP) has reportedly issued In-Principle Approvals for launching five digital retail-focused banking platforms. Pakistan’s newly approved online banks reportedly include HugoBank, KT Bank Pakistan… Read More

 Tagged digital banking, financial inclusion, financial services, fintech adoption, fintech trends, karachi, pakistan, State Bank of Pakistan, virtual bank

September 24, 2023 @ 8:07 pm By Tony Zerucha  |  

The Payments Association, a United Kingdom-based payments organization, presented its report, Navigating the rising cost of living: Payments innovation as a game-changer at Parliament last week. The report identifies three groups of people newly at risk of financial exclusion and provides recommendations for building a… Read More

 Tagged neil harris, parliament, payments association, Pooja Bhachu, tony craddock, united kingdom

September 24, 2023 @ 3:47 pm By Michael Wong  |  

Nagad, a Mobile Financial Service (MFS) provider in Bangladesh, is on the verge of launching a digital bank. The company expects to receive its license from the Bangladesh Bank, the country’s central bank, in the coming months. Sadaf Roksana, co-founder and executive director of Nagad… Read More

 Tagged bangladesh, banking, digital bank, fintech

September 24, 2023 @ 7:24 am By Omar Faridi  |  

The BBB Institute for Marketplace Trust, the educational foundation of the International Association of Better Business Bureaus, is pleased to welcome PayPal (NASDAQ: PYPL), a BBB Accredited Business, as a new member of its Corporate Trust Council. The Council is a coalition of select companies… Read More

 Tagged bbb, paypal, paypal holdings