OpenWallet Foundation Announces 37 Backers for Digital Wallet Project
The Linux Foundation Europe’s initiative to create an open-source engine was implemented with the support of 37 private, non-profit, academic, and government organizations.
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Investment Banks Approach Monzo Over IPO
Investment banks have approached the British bank Monzo about a potential initial public offering of shares.
DBS Bank India to Enhance Financial Solutions for MSMEs
DBS Bank India partnered with the eSamudaay network to offer better cash management solutions to MSMEs which conduct business through Open Network for Digital Commerce (ONDC)
Western Union and Beforepay Launch ‘Send Now Pay Later’ in Australia
Global remittance provider Western Union has partnered with the Australian ethical lending fintech Beforepay to offer consumers an innovative credit solution ‘Send Now Pay Later’
TransferMate Launches Embedded Solution for Cross-Border Payments
TransferMate has launched a built-in solution for making cross-border payments.
Binance Loans Launches Flexible Loan
Binance Flexible Loan will allow users to complete loan orders by collateralizing cryptocurrencies in existing Simple Earn Flexible Product subscriptions
Revolut Launches In-App Cashback Feature
Revolut, a global financial superapplication launches a new way of shopping, in which customers receive cashback from their favorite retailers.
FTX founder Hit With Further Criminal Charges
The U.S. attorney’s office has filed new charges against FTX founder Sam Bankman-Fried.
Embedded Payments Revenue to Surpass $59B Globally by 2027
A new study from Juniper Research found that the global revenue from embedded payments will reach $59 billion in 2027, up 84% from $32 billion in 2023
Noventiq Closes Acquisition of Saga Group
Noventiq, a global provider of solutions and services in the field of digital transformation and cybersecurity, announced the completion of the acquisition of a controlling stake in .
South African Mobility Fintech Planet42 Raises $100M for International Expansion
Planet42, a mobility fintech providing affordable vehicle financing options in South Africa through a subscription model, has raised $100 million to expand its services internationally
Wise Joins G-P to Power Global Contractor Payments
Wise collaborated with the global employment platform G-P to deliver flexible payment options for businesses that work with international freelancers and contractors
Plaid Launches Portal to Ease Access to Cybersecurity-Related Information
Plaid simplifies access to information that is requested during a cybersecurity check.
Santander Bank Enlists SigFig for Digital Investment Tools
Santander Bank, N.A. announced the expansion of cooperation with SigFig to create investment and advisory solutions for its clients through Santander Investment Services.
Wells Fargo Launches Digital Platform for Wealth Management Customers
Wells Fargo has announced the imminent launch of a digital platform for money management and money tracking.
NatWest and NAB Recommend Australia to Create Organization Modeled on OBIE
NatWest Bank and National Australia Bank (NAB) of Australia announced the need to consider the possibility of creating an organization in the Australian financial system like the British OBIE, which would help ensure the maximum level of efficiency of interaction between industry representatives and regulatory authorities.
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