Qatar Central Bank to enable instant payments with new Fawran service
Fawran is due to launch in March and forms part of the bank’s Third Financial Sector strategy, announced last year.
PayTech
Fiserv reportedly in the running to acquire Shift4 Payments
According to a recent Reuters report, final bids for a potential takeover are due to arrive in the coming weeks.
US paytech Spreedly appoints Peter Dougherty as new president
Dougherty will oversee the firm’s go-to-market operations, including sales, marketing, and partnerships.
Deel acquires Africa-based payroll company PaySpace
Deel says it has also surpassed $500 million in annual recurring revenue since its inception in 2019.
Banking Technology Magazine March 2024 issue out now
Cover story: CREATIVE THINKING – How a borefest could lead to the best ideas.
PayPal extends payment options for online SMEs with new solution
PayPal Complete Payments launches this week to online sellers in 22 markets worldwide.
UK payments platform Thredd appoints Edwin Poot as new global CTO
Poot joins directly from Dayrize, where he has been serving as chief product and technology officer.
OTP Bank partners Iliad Solutions for payments testing platform
The Budapest-based bank is to leverage its new partner’s payments testing and certification platform, t3.
ABN Amro partners Dutch paytech Buckaroo for merchant payment services
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
ICYMI fintech funding round-up: Embat, Slice, NayaOne, MoneyHash and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Real-time payments platform Volt lands UK EMI licence from FCA
With the new licence, Volt plans to enhance its cash management offering Connect to include virtual accounts.
Stax Payments announces Mark Sundt as new chief technology officer
Sundt succeeds Chris Staymates, who will return to his role as Stax’s chief innovation officer.
Finnish fintech Basware names new CIO and head of AI
Barrett Schiwitz joins as CIO and Anssi Ruokonen as director of AI research and enablement.
Canadian paytech Helcim completes $20m Series B funding round
The recent round adds to the company’s $12.7 million Series A funding raised in 2022.
Quaint Oak Bank taps Finzly to modernise payments infrastructure
Quaint Oak aims to realise its modernisation ambitions by leveraging Finzly’s Payment Galaxy platform.
Diamond Trust Bank Uganda partners TerraPay to enhance cross-border transfer processes
TerraPay says the union will enable the bank to “facilitate direct account deposits from any part of the world”.
CAB Payments CEO to step down, former Vanquis Banking Group CFO Neeraj Kapur set to take over
Bhairav Trivedi is stepping down as CEO of CAB Payments after three years in the role.
PayComplete appoints former co-president Simon James as new CEO
The firm says James will be responsible for the “ongoing centralisation process of the PayComplete brand”.
ICYMI fintech funding round-up: Zūm Rails, Pulsate, Monite, Spektr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Dayforce selects Green Dot as BaaS partner for on-demand pay solution
Green Dot will facilitate all banking services for Dayforce Wallet customers in the US.
Colombia’s Simetrik secures $55m Series B round led by Goldman Sachs
The recent cash injection adds to Simetrik’s $24 million Series A raised in 2022.
Case study: Italy’s Credem Banca migrates to ASEE Security Cloud
Learn how Italy’s major banking group Credem migrated all its clients to the ASEE Security Cloud.
Erica Gee appointed new COO of US payment solutions vendor NXTMoves
Gee has previously held senior manager positions at Moov Financial, Dime Bank and Geezo.
US hospitality fintech Toast to cut 550 jobs as part of restructuring plan
The fintech says the restructuring plan is intended to “promote overall operating expense efficiency”.
Former head of Visa Direct Ruben Salazar Genovez appointed new TerraPay president
Salazar Genovez joins TerraPay directly from a 10-year tenure at Visa Direct.
New Aussie financial wellness app Subi launches from beta
Subi’s partners at launch include BambooHR, KeyPay, MYOB and Xero.
Checkout.com’s UK business posts $126.3m loss for 2022
The latest results mark an increase of over 400% on the $24.5 million loss it posted for 2021.
ICYMI fintech funding round-up: Fordefi, Mia Share, Kema, Coba and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Trustly expands leadership team in preparation for European expansion
The appointments follow Trustly’s recent acquisitions of SlimPay and Ecospend.
2024 Document Fraud Report
From first-party fraud to fraudulent templates available online, here are the most critical risks teams who fight fraud should be aware of.
SME banking tech start-up Finom lands €50m Series B to power product expansion
The Amsterdam-based start-up has now raised over €100 million to date.
Payments Canada in search of new CEO after Tracey Black announces departure
Payments Canada’s board has now initiated a “comprehensive search” for Black’s successor.
Successful AI driven marketing strategies are inextricably linked to high quality data and efficient delivery thereof
Is your data strategy up to the challenge? Learn how artificial intelligence can help you reinvent marketing ops.
TransferGo hires former Western Union compliance head Simon McFeely as chief compliance officer
The UK-based fintech says the hire marks its latest effort to “spearhead rapid global expansion”.
European Parliament authorises new regulations for instant money transfers
The new regulation was approved with 599 votes in favour, 7 against, and 35 abstentions.
ICYMI fintech funding round-up: Navro, Finally, Cashinvoice, SUMA Wealth and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
India’s Juspay acquires LotusPay to enhance payment capabilities
Juspay plans to enhance its offerings for the banking, financial services and insurance industries.
Nepal Clearing House selects ACI Worldwide to power National Payment Switch service
Nepal Clearing House expects to launch its NPS service in Q4 2024.
India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree
The deal joins Fat Zebra’s payments platform with Adatree’s CDR-compliant open data capabilities.
