Nepal’s Kumari Bank taps Compass Plus Technologies for payments processing
Kumari Bank selects Compass Plus Technologies as its new payment processor.
The transition from local to international processing is seen as a "pivotal...
Paymob lands PSP licence from Oman’s central bank
Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman.
Paymob claims to be...
Encompass Corporation snaps up CoorpID and Blacksmith KYC from ING
Acquisition Move: Encompass Corporation acquires CoorpID and Blacksmith KYC from ING to enhance its corporate Know Your Customer (KYC) services.
Specialization Focus: Encompass, a UK-founded...
JP Morgan Chase-owned WePay reportedly offboards a number of business clients
JP Morgan Chase's WePay reportedly offboards long-standing business clients.
The move suggests a potential shift in the bank's strategy away from competing with...
Commerzbank forms joint venture with Global Payments for SME payment solutions
Commerzbank and Global Payments form a joint venture, Commerz Globalpay, for digital payment solutions in Germany.
Ownership split: 51% Global Payments, 49% Commerzbank;...
Social media platform X aims to deliver P2P payments this year
X (formerly Twitter):Social media platform X, formerly known as Twitter, has announced plans to launch peer-to-peer (P2P) payments this year.
Elon Musk, who...
Thunes makes leadership changes, appoints Floris de Kort as new CEO
Leadership Changes:B2B cross-border paytech company Thunes has announced leadership changes with the promotion of current CEO Peter De Kaluwe to deputy chairman...
National Bank of Oman partners PayMate to modernise B2B payments
Partnership Overview:The National Bank of Oman (NBO) has signed a Memorandum of Understanding (MoU) with Indian fintech PayMate to modernize its B2B...
Ant Group reportedly nearing deal to acquire Dutch payments firm MultiSafepay
Ant Group's Acquisition Plans:China's Ant Group is reportedly nearing a deal to acquire MultiSafepay, a Dutch payments firm, in a move to...
