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Somalian mobile money app Waafi contracts with Paymentology for tap-to-pay companion card

Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn of Africa- a first for the region.

/retail

Berlin-based PropTech Myne raises €40 million in equity and debt financing

Europe's leading managed co-ownership provider for premium vacation homes, MYNE, today announced the completion of its €40 million Series A funding round in equity and debt financing.

/retail

Macquarie invests in Hawk

Hawk, the leading provider of AI-powered technology for fraud prevention and anti-money laundering (AML), today announced a further extension of its Series B financing, with Macquarie Capital having agreed to join existing investors Rabobank, BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition.

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EBA consults on technical standards for uniform reporting under Sepa regulation

The European Banking Authority (EBA) today launched a public consultation on its draft Implementing Technical Standards (ITS) for uniform reporting templates in relation to the level of charges for credit transfers and share of rejected transactions under SEPA Regulation.

/retail

Nium expands cross-border payments network

Nium, the global leader in real-time cross-border payments, today announced the expansion of its local funding and collection capabilities to more than 40 countries and 15 currencies, with more to come.

/retail

Nova Credit Limited exits Hong Kong

The Hong Kong Monetary Authority (HKMA) has been informed by the Hong Kong Association of Banks, the Hong Kong Association of Restricted License Banks and Deposit-taking Companies, and the Hong Kong S.A.R. Licensed Money Lenders Association Limited (collectively as the Industry Associations) that one of the consumer credit reference agencies under Credit Data Smart, namely Nova Credit Limited (Nova) had decided to cease its operations and exit Credit Data Smart due to its own circumstances.

/retail

Visa unveils contactless online toolkit for Vietnamese merchants

Visa, a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions.

/retail

Sticpay launches card payment service

STICPAY, a leading global e-wallet service provider and payment gateway, today announces the integration of Visa and Mastercard debit and credit card payment processing into its platform, affording it’s more than 5,000 merchant and corporate clients greater flexibility and convenience in handling payments.

/retail

MoneyLion joins American Fintech Council

The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced that MoneyLion has joined the AFC as its newest member.

/retail

ANZ completes acquisition of Suncorp Bank

ANZ today confirmed it has completed its acquisition of Suncorp Bank.

/retail

RBC embarks on multi-million dollar programme to reduce carbon emmissions at bank branches

While you may not see it, your local RBC bank branch is working towards being powered differently in the coming years.

/retail

Sygnum posts profits and sets stage for MiCa-compliant expanded EU market entry

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, today reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD).

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