Experian, the multinational data analytics and consumer credit reporting company, is partnering with Paylink, an affordability software and payments provider, to address affordability restrictions with debt consolidation loans. Through the new partnership, Experian will leverage the ‘ReFi’ product by Paylink, expanding access to credit for a wider range of consumers through the Experian Marketplace. This collaboration […]
Fintech
Tabby Acquires Saudi Wallet Tweeq With a View to Empower Customers and Promote Cashless Transition
Tabby, the shopping and financial services app for the MENA region, has agreed to acquire Tweeq, the Saudi-based digital wallet licensed by the Saudi Central Bank. Announced at 24 Fintech, Saudi’s flagship fintech event, Tweeq will partner with Tabby following the acquisition, pending regulatory approval, to expand its services within Tabby’s ecosystem and consumer scale. By offering accessible savings and […]
A Step in The Right Direction: 36% More Filipinos Have Bank Accounts in 2024 Than in 2021
In 1851, the Bank of the Philippine Islands was established, making it the first bank in the Southeast Asia region. But how has the Philippines developed its financial ecosystem since then? With over 7,000 islands and a population of over 115 million, the Philippines saw poverty rates decline from 23.3 per cent in 2015 to 18.1 per […]
Seamless Europe Gears up for Return in Munich to ‘Explore the Next Wave’ of Digital Commerce
Seamless Europe, the digital commerce event uniting the payments, fintech, retail, and e-commerce industries under one roof, is gearing up for a return this year in Munich, Germany at Messe München. Building on the success of last year’s launch, this year’s event hopes to explore the future of a range of industries, bringing together industry […]
10x Banking Looks to Help Banks Overcome Legacy Challenges and Embrace Personalisation With SunTec
10x Banking, the cloud-native core banking platform, is partnering with SunTec Business Solutions, a relationship-based pricing and billing provider, enabling banks to offer personalised and contextual products, services and offers to their customers, across corporate, SME and retail banking. Through the new partnership, 10x Banking and SunTec will look to deliver flexible, tailored banking capabilities to […]
Numeral and HSBC Innovation Banking UK Partner to Bolster Payment and Account Services
Although it may not seem front and centre to customers, corporate payments and treasury operations are a key part in ensuring a good customer experience. To ensure this aspect of a firm’s infrastructure can continue to play a pivotal role in retaining users, paytech Numeral has collaborated with HSBC Innovation Banking UK to embed its […]
Multiple UK banks hit by app outage spikes
Online outage monitor Down Detector received over 600 reports from Lloyds Bank users from 8am this morning with many complaining that they could not see any transactions in the app. Lloyds acknowledged the issue in a post on Twitter. The problem follows a technical glitch with NatWest’s banking app on Friday that left some customers […]
Google Pay Introduces UPI Circle, ClickPay QR, Other Features
On the final day of the Global Fintech Fest (GFF) 2024, Google Pay announced the introduction of six new features set to enhance user experience and expand the app’s capabilities. These features, expected to roll out later this year, include UPI Circle on Google Pay, UPI Vouchers (eRupi), ClickPay QR scan for bill payments, prepaid […]
Visa’s Digital Payments Data Reveals Asian Travel Trends
Nearly 80% of people across Asia don’t want to travel with any cash to their destination, according to Prateek Sanghi, head of Visa Consulting and Analytics for Asia Pacific. Safety, security, and speed are driving this shift. “Digital payments offer convenience and specific rewards tailored for travelers,” according to Sanghi. Visa’s latest study highlights this […]
Marqeta: Credit Cards Reimagined
Marcin Glogowski, SVP, Managing Director for Europe and UK CEO at Marqeta, discusses transformation in the credit card space Today, the credit card industry is moving beyond its traditional role as a mere financial instrument to become a dynamic digital platform. This shift promises to revolutionise how consumers interact with their finances, blending social media […]