Fintech

Reetika Grewal, head of digital, commercial bank and corporate and investment bank, Wells Fargo, and Sarah Lamont, investor, F-Prime Capital, joined Nikhil Lele, banking and capital markets, EY, to discuss the uptake of AI and progress in back office use cases, the importance of partnerships and user-centred design and the rebound of fintech valuations post-2022. […]

Reuters reports Wise said access to the system will allow it to bypass intermediary banks that process and settle funds in Japan, lowering fees and processing times. If Wise does as it aims, this could increase pressure and competition within the Japanese payments market. According to World Bank data, the cost of remittances in Japan is the […]

This move marks the modernisation of Kenya’s national payment systems, and will bring with it numerous benefits for the speed, security, efficiency, and convenience of payments for financial institutions in the country. The standardisation that ISO20022 brings with it will boost KEPSS into processing international transactions and improving liquidity management. KEPSS is Kenya’s Real-Time Gross […]

According to a recent study, there is no single touchpoint to reach Gen Z, although a significant 86 per cent of the generation believe that cashback and loyalty rewards play an important role when making a purchase. These findings, based on the ZBD ‘Gen Z Payments Study‘, a survey of over 2,000 18 to 27-year-olds in the […]

PLAY, a platform integrating Web3 technologies into gaming, has partnered with TapNation, in a move hoping to bring mobile games to the forefront of the Web3 movement. Through the new partnership, PLAY plans to expand its ecosystem by integrating blockchain features into popular TapNation mobile games. With 60 million monthly active users and 1.4 billion […]

The Central Bank of Brazil is set to launch a recurring transaction capability to Pix, the country’s instant payment method, in partnership with global tech firm EBANX. Dubbed Pix Automático, the new capability is aiming to significantly enhance recurring payments in Brazil, positively impacting Latin America’s largest digital commerce market. EBANX is taking the lead for the new […]

HSBC is the first major bank to launch such an initiative, allowing international mortgage applicants to retrieve their credit history for a UK mortgage application. This provides non-resident customers from eligible regions  – Australia, Switzerland, the Philippines and the USA – and those who have recently relocated to the UK a more streamlined process, eliminating […]

Eligible Apple Pay users in the US and UK will have first access to Klarna’s  payment offerings, including pay later in three or four installments with no interest or over longer periods. The global expansion will continue with Canada slated to launch in the coming months. “Consumers around the world have been asking for Klarna […]

The Government has launched a consultation on its proposals, which will bring companies under the supervision of the Financial Conduct Authority (FCA) and apply the Consumer Credit Act, ensuring users receive clear information, avoid unaffordable borrowing, and have strong rights when issues arise. Economic Secretary to the Treasury Tulip Siddiq says: “We promised to take […]

G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]