Purpl Joins Remitly to Bring Affordable Remittances to Lebanon
The new partnership between two fintechs will enable remittances to Lebanon at a lower cost despite providing a better user experience
Fintech & Ecommerce - page 67
Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE
Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK
Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.
Mastercard Customizes Solutions for Female Entrepreneurs
Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean
How Fintech and Crypto Transformed the Sports Sponsorship Landscape
In a few short years, fintech and crypto have had an unprecedented impact on sports sponsorship. From elite athletes to small-market teams, organizations across all divisions are starting to embrace these new payment options as they look for inventive ways to add value and increase revenue streams for their fanbase.
Network International in Talks Over £2 Billion Bid
Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.
Yonder Secures £62.5 Million in Series A Funding
Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.
Lloyds Bank Launches PayMe for Instant B2B Payouts
Lloyds Bank has announced the launch of a new service through which businesses can make one-time payments in cases where there is no information about the details of the recipient.
Apple Introduces Apple Card Savings Account
With the new offering, American users can set up and manage a savings account directly from Apple Card in their dedicated Wallet
ETAP Launches Socially Responsible Car Insurance in Africa
An insurtech ETAP has introduced a digital car insurance service that redistributes funds to policyholders and supports social good in local communities of Africa
Worldline and SignCatch Launch Merchant Digitization Program in India
The media reported that Worldline and SignCatch have established a partnership relationship.
Zoom to Acquire Workvivo
Zoom acquires Workvivo in order to further expand its platform for interaction in a digital-focused workplace.
Instagram Debuts Gift Offerings for Creators
Meta has announced the expansion of its Instagram gift program.
UK FinTechs Seek Government Support After SVB Collapse
In the UK, local startups that operate in the field of fintech express concern that the country is losing its position in the global financial system.
U.S. Lawmakers Set to Examine Future of US Stablecoins
In the United States, hearings are due to take place this week, according to the results of which local legislators will decide on the future of stablecoins.
Lithuanian Supermarket Chain Opens Another Contactless Store
The AI-powered sensor and camera-based technology at the IKI Express 24/7 contactless store on Vilnius’ White Bridge enables customers to shop with a few taps
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