Tag: payments

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Nepal Clearing House selects ACI Worldwide to power National Payment Switch service

Nepal Clearing House (NCHL) has partnered with ACI Worldwide to leverage its enterprise payments platform for its upcoming National Payment Switch (NPS) system. ...

India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service

Tata Consultancy Services (TCS) is reportedly in contention to take over the administration of the UK's Faster Payments network from Mastercard-owned Vocalink. The...

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...