Fintech

e& UAE, the telecom arm of e&, has unveiled a suite of AI-powered solutions designed to support SMEs in partnership with tech giant Microsoft. Through the solutions, which include Microsoft 365, Dynamics 365, Azure, and AI Copilot, e& UAE and Microsoft are aiming to help equip SMEs with the capabilities required to boost productivity, elevate […]

Bangladesh-based bank, Mutual Trust Bank PLC, has successfully migrated its e-commerce acquiring services to a payment gateway from UK-based paytech Compass Plus Technologies.  Mutual Trust Bank has upgraded its service capabilities with the migrational, which has also enabled it to achieve 3DS 2.2 certification, ensuring secure, seamless transactions. The Dhaka-based bank explained that, driven by an […]

Tap-to-pay transactions have become an integral part of the payments landscape, but they represent only half of the mobile payments equation. The same contactless payment chip that smartphones use to transmit payment data can also receive payments through tap-to-phone technology. That functionality turns any mobile device into a payment terminal, and there are a multitude […]

Over the summer, some users of the social media app TikTok said they had discovered a “glitch” in the workings of Chase Bank. They found that they could deposit sizable checks into Chase ATMs, then withdraw the money in cash before the bank realized the checking accounts could not cover the amounts. They tended to […]

In the increasingly complex and competitive world of commercial payments, the benefits of automating the accounts receivable (AR) and accounts payables (AP) functions continue to grow. Automation allows companies to maintain tighter control of their spending, take better advantage of price breaks, and use their financial and human resources more efficiently. Organizations can benefit from […]

Citi, the banking partner for institutions with cross-border needs, has forged a new partnership with Google Cloud, the global AI, infrastructure, developer, data and security service provider, to modernise its technology infrastructure and enhance employee and client experiences on cloud-based applications. Through a strategic, multi-year agreement, Citi will migrate multiple workloads and applications to secure and […]

Fintechs Bizcuit, Valerian Capital and tilt are among the 10 recipients of Mastercard’s Strive EU Innovation Fund, each awarded €500,000 to develop solutions that address the unique challenges facing small businesses across Europe. The Mastercard Strive EU programme, part of Mastercard’s global Strive initiative, is designed to strengthen and grow Europe’s small business community by supporting innovations that help businesses […]

Sibstar, the debit card and app for people living with dementia in the UK, has launched a new campaign calling on banks and governments to work closer together to ensure safer spending for financially vulnerable people. Dubbed ‘Safe Spending for All’, the Sibstar campaign has received backing from two investors from the BBC’s Dragons’ Den; Deborah […]

It’s common to think about the importance of cash at the onset of weather emergencies like Hurricanes Helene and Milton. At the same time, people who are evacuating in anticipation of natural disasters or working to repair homes and neighborhoods in the aftermath also need digital access, as reinforced by the Atlanta Fed’s Katrina’s Classroom curriculum. In […]

Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment providers Klarna and Affirm and payments platform Branch, Marqeta said in a Monday (Oct. 28) press release. “Marqeta Flex is about building upon the transformational […]