Opn, the one-stop financial solutions company, has announced a partnership with BigPay, a mobile wallet and e-money platform from Malaysia. This collaboration aims to facilitate seamless digital payments as BigPay expands its services into the Thai market. Following its success in Malaysia and Singapore, BigPay has forayed into the Thai market to meet the increasing […]
Fintech
Revolut Receives UK Banking Licence
Revolut has entered the PRA’s ‘mobilisation’ stage after receiving authorisation with restrictions to complete the build-out of their banking operations Revolut, the global fintech company with over nine million UK customers and 45 million globally, has entered the Prudential Regulation Authority’s (PRA) ‘mobilisation’ stage. This development follows Revolut receiving a UK banking license with restrictions, a significant […]
Cybersecurity Challenges for Financial Firms
The rising threat of cyber breaches is a pressing issue for financial services, according to Mayer Brown’s recent study. A study by Mayer Brown titled “The Next Organization” surveyed 197 leaders in the financial services sector, revealing cybersecurity as crucial for future-proofing businesses. Nearly 80% of financial services leaders feel unable to plan due to […]
SEC Approves Ether ETFs
While the Ethereum ETF’s approval by the SEC marks a significant regulatory shift towards digital assets, its performance remains uncertain The US Securities and Exchange Commission has approved the first spot Ethereum exchange-traded funds (ETFs). Trading for these ETFs began on July 23, 2024. This follows the successful launch of Bitcoin ETFs earlier this year, […]
Billie Becomes First B2B BNPL on Stripe’s EU Platform
Billie, the BNPL business solutions provider has integrated with Stripe to make its services available on Stripe’s European platform The business-to-business (B2B) payments provider Billie has integrated with Stripe, making its B2B Buy Now Pay Later (BNPL) services available on Stripe’s platform in Europe. This new service is the first of its kind available on […]
DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts
DoorDash has reportedly hired an ex-Amazon executive to help its continued expansion beyond restaurant deliveries. Parisa Sadrzadeh, who has also worked as Flexport’s vice president for small and midsize business and omnichannel fulfillment, will be DoorDash’s new vice president of strategy and operations, The Information reported Friday (July 26), citing a company spokesperson. The report […]
The Rise of Crypto ETFs: How to Invest in Digital Currency Without Buying Coins
The introduction of spot crypto ETFs provides a new and easy avenue for investors to gain exposure to digital currencies. For much of crypto’s existence, those interested in buying digital assets would have to do so via cryptocurrency exchanges. But now, this is beginning to change. If you have been hesitant to dive into crypto […]
Alipay+ Capitalises on EURO 2024 Success: Preparing for Greater European Expansion
Alipay+, the cross-border mobile payment and digitalisation solutions operated by Ant International, has had a very successful summer. Having been the official; payment partner of UEFA EURO 2024, the company is now looking at how it can capitalise on this momentum. Tourists across Europe will be able to pay with their preferred payments apps via Alipay+ at more than 90 […]
Sunbit Launches Co-Branded Visa Credit Card and Customer Loyalty Programme
Ollie’s Bargain Outlet, the US-based chain of discount closeout retailers, has partnered with fintech company Sunbit, to launch a co-branded Visa credit card. After joining forces with Sunbit, Ollie’s cardholders will earn points for purchases at the outlet and everywhere else that accepts Visa. Cardholders will also receive access to exclusive offers and events. Among the fastest-growing companies […]
Revolut Partners With Paysafe to Launch Cash Deposits for all UK Customers
Revolut, the fintech with over nine million UK customers, has joined forces with payments platform Paysafe, to launch cash deposits for all UK customers, just one day after securing a banking licence from the PRA. By introducing cash deposits, Revolut ensures that its customers can deposit their money into their Revolut accounts seamlessly for the […]