Meta Launches Partnership With India’s ONDC
Meta announced the beginning of cooperation with the Indian Open Network for Digital Commerce (ONDC).
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Uber for Business Adds Integrations With Expense Management Providers
Uber for Business has integrated with Brex and Ramp cost management service providers.
Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China
The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.
Xero and Flinks to Enhance Banking Data Access
Xero, a global platform for small businesses, has announced the start of a partnership with Flinks, an open banking company.
Robinhood Pulls Customers From Larger Brokers
Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.
Salv Raises $4.3 Million
Salv, an Estonian-based provider of solutions to combat financial crimes, reported that it was able to raise financing for 3.9 million euros ($4.29 million).
UnionPay International Partners With Trip.com
UnionPay International (UPI) has established a partnership with Trip.com, a global virtual travel agency.
First Bank Launches Backbase’s Engagement Banking Platform
Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.
Banking Platform Kapital Raises $165 Million
Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.
TD Bank and Plaid to Simplify Access to Apps
TD Bank Group and fintech company Plaid have announced a joint effort to eliminate the need to provide login credentials to third-party apps for customers of the mentioned financial institution in the United States and Canada.
PayPal and SAP to Simplify Digital Payments for Businesses
PayPal and SAP have announced the launch of advanced integration.
GBank to Expand Gaming Solutions With BankCard Services
GBank Financial Holdings and BankCard Services (BCS) have announced that they have managed to reach a final merger agreement.
LTK Rolls Out AI Solution to Match Brands and Creators
LTK announced the launch of a new artificial intelligence-based solution, through which brands can interact with creators and plan marketing campaigns.
ConnexPay Adds Acquiring in Canadian Dollars to Its Virtual Card Offering
The ConnexPay payment platform has announced the addition of acquiring in Canadian dollars to its offer for issuing digital cards.
UK Regulator Proposes Cap on Mastercard, Visa Interchange Fees
A proposed cap on cross-border interchange fees charged by Visa and Mastercard aims to avoid businesses overpaying after Brexit eliminated fee limitations applied in the EU.
What European Sustainability Reporting Standards (ESRS) Mean for Fintech
The adoption of the first set of European Sustainability Reporting Standards (ESRS) became official in the European Union on October 21, 2023. What changes do the new standards bring for businesses, particularly those operating in the fintech industry?
Fintech & Ecommerce
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