Fintech

As much as two in three European banks may not be prepared to meet the EU’s instant payment deadline, a new survey by the transaction data management firm, Intix, has revealed. Intix reveals that while only 33 per cent of respondents said they are ready to meet these deadlines, a further 41 per cent also claimed […]

HSBC is expanding the trade financing solutions it offers for businesses trading on e-commerce platforms in mainland China and Hong Kong, in partnership with Dowsure Technologies. The partnership aims to benefit SMEs facing challenges in securing trade finance by integrating an e-commerce data solution from Dowsure with HSBC banking solutions. By streamlining the credit assessment process for Amazon merchants […]

Afin Bank, a new digital bank planning to serve the African diaspora living and working in the UK, is set to begin lending next year, after securing a banking licence from the Prudential Regulation Authority (PRA). Afin Bank plans to help people from Africa who find it difficult to get mortgages because of their nationality, […]

TerraPay, a facilitator of cross-border money movement, has announced a strategic partnership with Tenpay Global, Tencent’s cross-border payment platform, to enable international transfers directly to Weixin Pay users in China. According to the World Bank, global remittances are projected to reach $913 billion by 2025, with a significant portion directed towards developing nations. China, being […]

We’ve all heard the story: someone at work or on a podcast shares how they—or perhaps a friend, or a friend of a friend—forgot their wallet at home one morning yet managed to navigate the day, buying lunch, commuting, and making purchases, all with just their phone. The moral is clear: the world is filled […]

MeaWallet, a digital payments company, has announced its partnership with Toqio, a technology platform focused on B2B Embedded Finance solutions. The collaboration aims to improve digital card services for corporate clients in the UK and Spain, and it allows Toqio to expand its tokenization services and integrate push provisioning technology into its card offerings. As […]

Often regarded as one of the most stable economies in the world, the conditions in New Zealand appear ripe for fintech to step up its role and enhance the region’s economic development. But can the island overcome its challenges? Historically, the Pacific Island nation of New Zealand has often been regarded as a safe, easy place to […]

Core banking provider Tuum is launching foundational Islamic banking and finance solutions, focusing on the key principles of Islamic banking, laying the groundwork for a full end-to-end platform designed to support the needs of Islamic financial institutions. With the launch, Tuum is creating the infrastructure required for Islamic deposits and asset-based lending, two critical components of a […]

Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMEs, is now partnering with bank payment company GoCardless to reshape capital access for UK businesses. Through a new partnership, GoCardless will make a capital offering from Pipe available on its platform, providing simple and seamless capital access for its UK customer base. The […]

Global payments giant Visa is introducing a “new and supercharged” Visa Direct, by combining four previously standalone money movement capabilities into a single portfolio.  In a move to improve the way individuals, businesses and governments move money, Visa is combining the reach, expertise, acquisitions and technology of Visa B2B Connect, Currencycloud, YellowPepper and Visa Direct into one […]