Fintech

Open banking technology provider, Ozone API, has provided an updated UK open banking model bank for Open Banking Limited (OBL), the implementation entity tasked with building the UK’s open banking standard to drive competition, innovation and transparency in UK retail banking. Ozone API explained that by updating the model bank, it is supporting the rollout of the latest […]

In a move to offer accredited investors the ability to capitalise on Bitcoin’s long-term growth while ensuring capital preservation, the National Bank of Bahrain (NBB) has launched a new Bitcoin-linked investment product, developed in partnership with digital asset financial services firm ARP Digital. During an unveiling at Fintech Forward 2024, an industry fintech event held in Riyadh, Saudi Arabia, the […]

Artificial intelligence (AI) can help accelerate banks’ productivity however it can be challenging to integrate. Looking to make this process more seamless, Backbase, the engagement banking platform, has introduced its Intelligence Fabric layer. Intelligence Fabric will allow banks to embed a powerful set of data and AI infrastructure and development into their platforms. Backbase will enable banks to implement Agentic […]

Global wallet provider Curve has launched a new foreign spending scheme, increasing fee-free spending limits and cashback on international spend, in a move to eliminate foreign transaction fees. As part of its ongoing mission to reshape the mobile wallet experience, Curve has increased fee-free spending limits up to £100,000, saving travellers up to three per cent on […]

The UK Pensions Dashboard Programme (PDP), a project aiming to create the infrastructure required to help over 16 million people plan for retirement and connect with lost pension pots all in one place, has been hit with delay after delay.  In an effort to help launch commercial pensions dashboards for consumers more quickly, four new firms […]

British universal bank, HSBC has partnered with B2B global trade network, Tradeshift to launch a new embedded finance solution that will help its business clients called SemFi by HSBC. SemFi by HSBC has been created to help SME suppliers on e-commerce venues to access digital invoice financing from HSBC. Furthermore, it aims to offer SMEs greater flexibility and security in […]

Fledgling fintech startup OpenBB is revealing the next step in its plans to take on the heavyweights of the investment research world. The company is launching a new, free version of a product that will open its arsenal of data and financial tooling to more users. OpenBB is the handiwork of software engineer Didier Lopes, who launched the […]

HOUSTON – Imagine you’re at the checkout line, ready to pay for your groceries, when you realize—you’ve left your card at home. Sounds like a hassle, right? Well, those days are coming to an end as one of Texas’ favorite grocers goes digital! H-E-B is rolling out its long-awaited tap-to-pay services across all its stores. […]

It’s increasingly common for consumers to pay at the point of sale using Apple Pay or Google Pay. This transaction is made possible by two emerging payments technologies: contactless payments and digital wallets. If a customer has integrated a buy now, pay later option into their digital wallet, that single transaction could include three payments […]

If you’ve shopped online or in stores recently, you’ve likely encountered the ‘buy now, pay later’ (BNPL) option, tempting you to split your payment into smaller installments. BNPL is projected to grow 12.3% year-over-year in 2024. It’s not surprising — if you’re on a tight budget, paying for your purchases over time can seem like a great plan. These […]