UK-based TerraPay, a Payments Infrastructure Firm, Obtains Authorization as Electronic Money Institution in Italy

TerraPay, a global payments infrastructure company, today announced that it has secured authorization as an Electronic Money Institution (EMI) in Italy. Having obtained approval from the Bank of Italy, TerraPay is set “to expand its operations within the country and subsequently, throughout the European Union.”… Read More

Climatize, Vertalo to Expand Access to Climate-focused Investments in Renewable Energy Initiatives

Vertalo, the digital transfer agent that connects and enables digital asset ecosystems, is excited to announce its most recent partnership with Climatize Earth Securities, a mobile app that allows users “to invest in renewable energy projects.” As of today, Climatize has integrated with the Vertalo… Read More

Atome Financial, HSBC Singapore Expand $100M Debt Facility to Include Philippines Market

Atome Financial has announced that it has renewed and expanded its partnership with HSBC Singapore to include the Philippine market to its US$100m debt facility. At the moment, Atome has reportedly “disbursed more than US$4b in loans.” Atome Financial and HSBC Singapore had “entered into… Read More

Sustainability: Singapore’s DBS, TÜV SÜD to Help SMEs Get ESG-Ready

DBS (SGX:D05) and international certification body, TÜV SÜD, announced a year-long partnership to provide comprehensive training, testing, verification, and validation activities “for sustainability assurance and certifications to mid-cap firms as well as small and medium enterprises (SMEs).” Both parties will also “conduct joint outreach activities… Read More

Global Fintech Adyen Releases H1 2023 Financial Results

Adyen (AMS: ADYEN) displayed continued growth and remained in investment mode, scaling the Adyen team to further position itself to capture its long-term opportunity. As mentioned in the announcement by Adyen, the key H1 2023 figures are as follows: Processed volume was €426.0 billion, up… Read More

DLT Adoption: Nubank Connects its Infrastructure to Brazilian Central Bank’s Blockchain Network to Begin Testing with Drex

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the start of practical tests as part of its integration into the pilot project of Drex, the Brazilian digital currency formerly known as Real Digital. The start… Read More

UK’s Payment Systems Regulator (PSR) Seeks Views on APP Fraud Reimbursement Limit

The Payment Systems Regulator (PSR) has launched two consultations in the lead up “to the implementation of its new authorised push payment (APP) fraud reimbursement requirements. ” In June, the PSR set out its final position on “tackling APP fraud, which will mean the vast… Read More

Turkish Fintech Param Accelerates European Expansion with Twisto Acquisition

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

London’s Ecommpay Announces US Local Acquiring with Insurance from Chargebacks

Ecommpay, an international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America. Additionally, Ecommpay will offer protection “from fraud-related chargebacks to ensure merchants do… Read More

UK’s Nottingham Building Society Announces Updates to Mortgage Products

Nottingham Building Society has announced further updates to its mortgage products, designed to support both residential and Buy-To-Let mortgage applicants. The new products, launched this week, “offer advantages for a broad spectrum of borrowers against a volatile economic backdrop.” Amongst the latest offerings is a… Read More

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