Business

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers.Highlights: Truist launches pilot program for Zelle bill payments.The program aims to simplify and speed up the billing...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks.Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services.Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...

NatWest Strengthens Venture Banking by Partnering with AWS

Collaboration will enhance digital services for startups and scale-ups.Highlights: NatWest partners with AWS to launch a new venture...

UK Authorities Tighten Regulations on P2P Crypto Trading

New measures aim to enhance security for crypto traders in the peer-to-peer market.Highlights: UK authorities introduce new regulations...
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FCA greenlights Klarna for payment and credit services in the UK

The Financial Conduct Authority (FCA) authorizes Klarna to regulate payment and credit services in the UK. The authorization covers Klarna's credit products (Term...

ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more

Kiwi Raises $13MIndian credit card fintech Kiwi secures $13 million in a Series A funding round. Led by Omidyar Network India, with...

UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank

Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA Pilot aims to integrate simulated CBDC and tokenized real...

Mexican fintech start-up Trafalgar taps Thought Machine for core banking technology

Partnership: Mexican fintech start-up Trafalgar partners with Thought Machine for core banking technology. Technology Leap: Trafalgar aims to be Mexico’s first fintech using cloud-native core...

UK fintech Triver secures £20m debt facility from Avellinia Capital

London-based fintech start-up Triver secures £20 million debt facility with Avellinia Capital. Triver plans to offer over £200 million in funding annually to...

Mastercard’s joint venture receives approval to commence domestic payments in China

Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments. In February 2020, Mastercard NUCC received...

Fils launches as digital ESG infrastructure for payments sector

Fils, a new venture by MFTA chairman Nameer Khan, is launching ahead of COP28. With offices in Dubai and London, Fils is an...

Blue Ridge Bank set to trim BaaS fintech partnerships down to a “limited number”

Blue Ridge Bank, founded in 1893 in Virginia, is a community bank operating in the mid-Atlantic states. The bank plans to reduce its...

Klarna prepares for SEPA instant payments with Form3 partnership

Klarna, a Buy Now, Pay Later (BNPL) firm, has partnered with UK paytech Form3 for payment connectivity in the Single Euro Payment Area...
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