Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
By the end of this year, up to 20 countries can join the pan-African payment system.
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Nevada Introduces Regulatory Standards for Wage Access
Joe Lombardo, the 31st governor of Nevada, signed the first law in the United States to introduce regulatory standards for companies that offer access to wages (EWA).
Mexico and Peru to Develop Real-Time Payments
Currently, in Latin American countries, a significant part of non-bank households does not demonstrate either the desire or any readiness to switch to real-time payment in their actions related to handling finances, but experts believe that in the near future in some parts of this region, the corresponding service will be scaled.
Plaid Launches Tool for Cash Flow Underwriting
Plaid has introduced a new solution called Plaid Link, which will facilitate consumers’ access to real-time data on the movement of money.
Alibaba to Bring Tmall eCommerce Site to Europe
Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.
Backbase Acquires Digital Wealth Platform Nucoro
Backbase, a global provider of banking software, has acquired London-based firm Nucoro.
Blackbird.AI Raises $20 Million to Fight Market Manipulation
Blackbird.AI, a company specializing in the analysis of narratives and risks with the help of artificial intelligence, announced that it managed to raise investment funds in the amount of $20 million following the results of the Series B funding round.
Shopify and Volt Forge Open Banking Partnership
E-commerce company Shopify has announced the beginning of an open banking partnership with Volt.
Visa Launches Africa Fintech Accelerator
The new Visa initiative will support up to 40 Africa’s fintech start-ups and entrepreneurs each year, with training, connections, technology, and investment opportunities
Triple and Prizeout Team for Digital Gift Card Offering
The Prizeout company, which operates in the field of advertising, announced the beginning of a partnership with the Triple offer platform, which is linked to cards.
DJUST Raises $12.9 Million for B2B eCommerce SaaS Platform
The B2B DJUST SaaS e-commerce platform, which is based in Paris, announced that following the results of the Series A financing round, it managed to raise investment funds for $12.9 million.
Nasdaq to Acquire Financial Services Software Company Adenza
Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.
Access Bank Unveils Amex Cards in Nigeria
Nigeria-based Access Bank rolls out two new credit cards for local consumers: the Access Bank American Express Gold card and the Metal Platinum card
PayMate Expands to Chase $68 Trillion B2B Payment Market
PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.
HSBC Launches Startup and Tech-Focused Innovation Banking Unit
HSBC rebrands and expands previously acquired SVB UK as the HSBC Innovation Banking unit to provide banking services to the startup, investor, and broader tech community
Nike Renews Relationships With Retailers in Shift From D2C Focus
Nike products will be available again in the warehouses of designer shoes.
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