Fintech

The UK-based firm has briefly stopped accepting new customers in India as it revamps its infrastructure after getting a license from the Reserve Bank of India that permits the app’s users to send more money overseas. Previously, outbound payments from India via Wise were capped at $5000 per transaction. The new licence means that Wise […]

The new card enables customers to earn rewards on everyday spending, which can be redeemed for gift cards on Amazon.co.uk. Amazon Barclaycard customers earn 1% rewards on all Amazon purchases, 0.5% rewards on everyday spending outside Amazon for the first 12 months, and 0.25% after that. Amazon Prime members also get 2% back from all […]

The now bankrupt FTX and Alameda Research are required to pay $8.7 billion in restitution and $4 billion in disgorgement. The order comes after FTX founder Sam Bankman Fried was sentenced to 25 years in prison in March and another FTX executive Ryan Salame was sentenced to seven and a half years in May. CFTC also found the FTX […]

Launched in 2022, Advancing Cities was designed to invest in more than 400 companies led by Black, Hispanic and Latino, Indigenous American and Pacific Islander entrepreneurs across nine US cities, including Oakland, New York and Miami. However, the programme will not continue once JP Morgan’s sponsorship finishes at the end of the year. According to […]

The deal includes an additional $20 million of future payments in cash and equity, contingent upon performance and tenure milestones. Payoneer says the acquisition accelerates its strategy to become a business-grade financial stack for SMBs that operate internationally, with many existing customers already using their Payoneer account for payroll. A quarter of Payoneer’s B2B customers […]

Taishin Bank has partnered with OneDegree Global, a cybersecurity and risk management solutions company, to test and validate its artificial intelligence system, positioning itself as the first in Taiwan’s financial sector to establish a responsible AI framework. This initiative is timely as global attention on AI compliance intensifies, with new regulations in Asia as well as Europe highlighting the […]

Supporting the gaming industry and developers in Quebec, Xsolla, a global video game commerce company has opened its first Canadian office in Montreal. The expansion has been made possible due to a collaboration with GameAddik, the video game advertising firm. This stemmed from the successful cross-service opportunities explored with GameAddik’s dedicated marketing solution, GameRebellion, creating a robust […]

Checkout.com can now offer biometric authentication from Google Pay to brands that looking to increase their digital payment performance and speed up authentication for customers. By integrating with the secure payment authentication service from Google Pay, Checkout.com will offer device biometric checks like a PIN, password and facial recognition to speed up the checkout process […]

Two US financial institutions have inked deals with Banking-as-a-Service (BaaS) start-up Unit to extend their embedded finance offerings. The first deal has been struck with Vantage Bank, a Texas-based full service community bank with $4.2 billion in assets. The bank has selected Unit’s financial infrastructure platform and technology to enable it to embed its financial […]

Texans Credit Union, which serves more than 120,000 members across North Texas in the USA, has gone live with the direct deposit switching solution of Atomic Financial through Alkami Technology’s cloud-based digital banking platform. The $2.2 billion-asset credit union says the launch will enable members to “manage and transition their direct deposits with enhanced efficiency […]