Tag: payments
India’s RBI orders Paytm Payments Bank to halt banking services by end of February
The Reserve Bank of India (RBI) has directed Paytm Payments Bank to cease accepting deposits, providing credit services, and facilitating fund transfers from...
Banking Technology Magazine February 2024 issue out now
The February edition of Banking Technology Magazine discusses challenges in the banking and fintech industry in 2024.
Mass layoff announcements were reported across...
Twig enters liquidation, becoming latest UK fintech to shut down
UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation.
Insolve Plus...
ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera
New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform.
Kafene's technology claims to...
UK open banking fintech Kikapay winds down
Company Closure:London-based fintech Kikapay, founded in 2018, is winding down operations.
Platform facilitated single immediate and fixed recurring payments via open banking....
Blackhawk Network inks agreement to acquire Rewards-as-a-Service platform Tango Card
Acquisition Agreement: Blackhawk Network (BHN) has signed an agreement to acquire the Rewards-as-a-Service (RaaS) platform Tango Card.
Tango Card Specialization: Tango Card, founded in...