PayTech

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to facilitate market entries.The initiative aims to attract innovative financial institutions.This move...

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...
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US Department of Justice files civil antitrust lawsuit against Visa

US Department of Justice (DOJ) filed a civil antitrust lawsuit against Visa for "monopolisation" in debit network markets, citing violations of Sections 1...

US transportation paytech AtoB raises $130m in equity and debt funding

Funding Details: AtoB, a payments solutions provider for the transportation industry, raised $130 million in Series C funding, a mix of equity and...

BIS’ Project Agorá to commence design phase with private sector participants confirmed

Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can improve wholesale cross-border payments. Private...

UAE challenger Ruya Bank partners Network International for digital payment capabilities

Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment solutions. The partnership provides Ruya...

Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion. The deal, with Insight Partners (which acquired Recorded Future in...

Paymob secures $22m Series B extension to continue GCC roll-out

Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3 closes a $60 million Series C extension with British Patient Capital as a new investor. Funding will be used for product and...

Form3 bags $60m Series C extension with new investor British Patient Capital

Form3, a UK-based paytech, raised $60 million in a Series C extension round. British Patient Capital, a subsidiary of the British Business Bank,...

Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard

Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France, and the UK. The E2...
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