Al Etihad Payments prepares to launch new domestic card scheme in UAE this month
Launch of Jaywan Card Scheme by CBUAEOverview:The Central Bank of the UAE (CBUAE) is launching a domestic card scheme named Jaywan through...
Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000
Summary of Finseta's Sale of Capital Currencies:Transaction Overview:Finseta (formerly Cornerstone FS) sold its non-trading subsidiary, Capital Currencies, for £150,000 in cash.
The...
Peru becomes first South American country to adopt NPCI’s UPI tech
Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International Payments Limited (NIPL).
Aim: Create...
Lydia selects Marqeta to power its new digital banking app Sumeria
Lydia Solutions and Marqeta Partnership Expansion:Partnership Overview:Lydia Solutions: French fintech behind the Lydia financial services app
Marqeta: California-based card issuing platform
New...
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
FinTech Futures Weekly ICYMI Funding Round-Up:re:Funding: $14.6 million Series A
Investors: Entrée Capital, Project A, Felix Capital
Use of Funds: Expand alternative...
Allpay and The Bank of London partner to streamline payments for the UK social housing sector
Allpay Signs Multi-Year Partnership with The Bank of London:Partnership Goals:Simplify and expedite payments using prepaid cards.
Target both banked and unbanked individuals....
PSR names David Geale as new interim managing director after Chris Hemsley steps down
PSR Leadership Transition:Outgoing Managing Director:Chris Hemsley to step down on 7 June after five years as managing director.
Hemsley will join Fingleton,...
CSG acquires Florida-based paytech iCG Pay in $17m deal
Acquisition Overview:CSG, a Colorado-based provider of customer engagement, revenue management, and payments solutions, acquired iCheckGateway.com (iCG Pay) for an initial $17 million.
...
Banque Raiffeisen selects Worldline for cloud-based instant payments solution
Partnership Announcement:Banque Raiffeisen, Luxembourg's sole cooperative bank, partners with French paytech Worldline.
Banque Raiffeisen becomes Worldline's first Luxembourg-based client for instant payments....
