September 4, 2023 @ 11:29 am By JD Alois  |  

FCA-licensed payments platform Clear Junction has acquired crypto firm Altalix, according to a company statement. Clear Junction states that the acquisition makes it one of the few companies that possess both an EMI (e-Money) license and a crypto-asset registration. Altalix is a UK-based Fintech company… Read More

 Tagged clear junction, dima kats, payments, uk, united kingdom

September 4, 2023 @ 10:45 am By Tony Zerucha  |  

ACE Money Transfer, a Fintech company based out of Manchester, United Kingdom, has announced an enhanced partnership with Pakistani commercial institution Bank Alfalah. The union will enable overseas Pakistanis to remit money back home. ACE Money Transfer allows expatriates to send money from 28 countries… Read More

 Tagged ACE Money Transfer, Bank Alfalah, money transfer, pakistan, remittances

September 4, 2023 @ 10:09 am By Omar Faridi  |  

As more countries implement real-time payments rails (including the U.S. in July with FedNow), the next big frontier in the industry is the race to develop the best real-time cross-border payments solutions. ACI Worldwide (NASDAQ: ACIW), a global provider of real-time payments solutions, can speak… Read More

 Tagged aci worldwide, cross-border payments, fednow, fintech adoption, fintech trends, instant payments, real-time payments, real-time transactions, women changing finance

September 4, 2023 @ 9:59 am By Omar Faridi  |  

MoonPay –a Web3 infrastructure company – announced the launch of its investment arm, MoonPay Ventures. The new division enables MoonPay “to collaborate with and support trailblazing startups to drive industry-wide value and onboard the world to Web3.” MoonPay Ventures will engage “with early-stage companies across… Read More

 Tagged moonpay, Web3

September 4, 2023 @ 9:55 am By Tony Zerucha  |  

The Securities Commission Malaysia this week has announced the first group of award recipients for its Digital Innovation Fund. The Digital Innovation Fund was established to co-fund innovative projects that demonstrate the use of technology to allow new and competitive propositions in the Malaysian capital market. It… Read More

 Tagged malaysia, securities commission malaysia

September 4, 2023 @ 9:51 am By Michael Wong  |  

International Finance Corporation (IFC), a member of the World Bank Group, and Nepal Rastra Bank (NRB) formalized an agreement to strengthen the fintech ecosystem in Nepal, focusing on increasing the adoption of electronic payments and fostering innovation in digital financial services. This collaboration is part… Read More

 Tagged digital financial services, electronic payments, fintech, ifc, international finance corporation, nepal, nepal rastra bank, world bank

September 4, 2023 @ 9:43 am By Tony Zerucha  |  

Alkami Technology (Nasdaq: ALKT), a cloud-based digital banking solutions provider for American financial institutions, announced this week that it has partnered with Atomic, a provider of payroll connectivity. The two firms will provide financial institutions with a direct deposit switching solution that allows account holders to connect their… Read More

 Tagged adam craig, alkami, jordan wright

September 4, 2023 @ 9:36 am By Tony Zerucha  |  

Banca AideXa, a Fintech founded in 2020 by Roberto Nicastro and Federico Sforza, had a booming third quarter, the company said this week. In the third quarter of 2023, officials say the bank strengthened its positive growth trends in figures, business, and saver confidence. The… Read More

 Tagged italy, roberto nicastro

September 4, 2023 @ 9:24 am By Tony Zerucha  |  

Utimaco, a global provider of IT security solutions, has released new consumer research that indicates a low level of trust around Internet of Things (IoT) devices. This has highlighted the need for more education from the industry into how smart devices are secured with the… Read More

 Tagged digital trust, internet of things, iot, stefan auerbach, utimaco

September 4, 2023 @ 9:17 am By Omar Faridi  |  

Plend‘s ‘Financial Inclusion Report notes that the impact of a cost of living credit crunch’ is far-reaching. The update touches on the effects of “the cost of living crisis, personal and household finances, and the resulting impacts on access to financial services in the UK.”… Read More

 Tagged cost of living crisis, europe, financial inclusion, financial services, Opinium, plend, research, robert pasco, uk, united kingdom