FinTech

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment institution license.The license aims to enhance the Kingdom's fintech landscape.This initiative...

Visa Direct Expands Nordic Reach with Moonrise Partnership

Collaboration aims to enhance payment solutions in Northern Europe.Highlights: Visa Direct partners with Moonrise by Lunar.Expansion targets the...

Solaris Cuts 20% of Staff Amid AI Native Bank Transition

Restructuring plan aims to enhance efficiency and adapt to new technologies.Highlights: Solaris Bank announces a 20% workforce reduction.The...

Revolut Strengthens Presence with Indian Hiring Spree

The financial technology company seeks to expand its team in India.Highlights: Revolut is launching a significant hiring campaign...

Visa Strengthens Subscription Management Service for Businesses

New solutions aim to simplify recurring payment management for companies.Highlights: Visa has launched a new subscription management service.The...
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UK agriculture-focused challenger Oxbury Bank lands £100m from British Business Bank

Oxbury Bank, a UK-based challenger in the agriculture sector, secures a £100 million ENABLE Guarantee deal with the British Business Bank. Launched in...

Regulators of UK, Singapore, Switzerland and Japan launch collaborative effort to explore digital asset use cases

Policymakers from Singapore, the UK, Japan, and Switzerland collaborate on digital assets. The Monetary Authority of Singapore (MAS) leads Project Guardian with support...

The US Federal Reserve proposes new single cap on interchange fees

The US Federal Reserve proposes a new cap on debit card interchange fees for transactions. The proposal aims to assess whether interchange fees...

The Clearing House names Margaret Weichert as new chief product officer

Margaret Weichert has been appointed as the new Chief Product Officer (CPO) at US payments company The Clearing House (TCH). Weichert brings over...

Kasikorn Bank snaps up 97% stake in cryptocurrency exchange Satang for $103m

Kasikorn Bank (K-Bank), Thailand's fourth largest bank, acquires a 97% stake in Satang Corporation, the parent company of cryptocurrency exchange Satang, for $102.8...

Chloé Mayenobe joins paytech Thunes as chief operating officer

Chloé Mayenobe was appointed as COO of Thunes, a B2B cross-border paytech. Mayenobe is a seasoned tech leader with expertise in transforming and...

UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”

Ajman Bank partners with Codebase Technologies to launch a new retail "super-app." The bank also implements cloud solutions from Cloud4C and Microsoft Azure...

IndusInd Bank taps Viamericas for digital inward remittance offering

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India. US-based Indians can use the Indus Fast Remit...

Stax Payments expands tech stack with APPS acquisition

Stax Payments is set to acquire Atlantic-Pacific Processing Systems (APPS) in a bid to expand its payment processing platform. Stax Payments, founded in...
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