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How open finance powers a more inclusive and collaborative payments industry

July 25, 2024

Via: Payments Dive

Open finance is transforming the financial services sector, extending data sharing and interoperability to a wider range of products and services. With technology at its center, open finance is creating an inclusive, innovative, customer-centric financial ecosystem, and the payments space […]


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Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

July 24, 2024

Via: FinTech Futures

The new collaboration will see Network International provide DTB with a suite of digital payment solutions backed by a range of “robust security protocols”, including fraud prevention and 3D Secure authentication. The bank will also utilise Network International’s platform for […]


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BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe

July 16, 2024

Via: FinTech Futures

The pair formalised their partnership by signing a Memorandum of Understanding (MoU) in Zurich this month. The agreement will see the Paris-headquartered group leverage the services of Alipay+, Ant Group’s cross-border digital payments solutions firm, to enable merchants who use the […]


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BofA tackles digital payments pain points

July 15, 2024

Via: Payments Dive

With the increasingly 24/7 role of treasurers in mind, Bank of America is tackling payments pain points to modernize its CashPro digital banking platform that is used by about 40,000 companies and corporations. The Charlotte, North Carolina-based bank said it […]


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Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments

July 9, 2024

Via: FinTech Futures

The Switzerland-headquartered company is set to integrate Volante’s Payments-as-a-Service (PaaS) tech into its core banking infrastructure to help ensure compliance with the European Commission’s incoming SEPA instant payments mandate. The cloud-native, API-driven solution allows for real-time payment processing with transaction confirmation […]


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Bank of America zeroes in on banking app innovation

June 27, 2024

Via: Payments Dive

Bank of America is doubling down on innovation to drive further adoption of its digital-banking mobile app for businesses, and turning to its clients for input on enhancing user experience and feature functionality. The Charlotte, North Carolina-based bank’s CashPro mobile […]


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Lloyds Banking Group expands card and payments partnership with Visa in the UK

June 25, 2024

Via: FinTech Futures

Through the partnership, the two firms plan to supply the brands with new products and services with a specific focus on serving customers’ “financial and lifestyle needs” and “enabling even greater use of Visa’s fraud prevention capabilities”, according to a […]


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Commerzbank to launch digital credit cards for businesses with Pliant

June 24, 2024

Via: FinTech Futures

Developed in collaboration with B2B credit card fintech Pliant and neosfer, the bank’s innovation unit and early-stage investor, the offering is expected to launch in Q3 2024. Commerzbank says the launch will enable its business customers to “manage their card portfolio themselves” and […]


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Navigating ATMs Overseas: Tips for Withdrawing Cash with Your Credit Card

June 17, 2024

Via: TechBullion

Travelling with a credit card makes your trips more convenient and worry-free. It’s easy to carry, saves space, and offers enhanced security compared to cash. But there are moments when having cash on hand is essential, and using a foreign […]


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Apple adds BNPL offerings from rivals

June 13, 2024

Via: Payments Dive

Cupertino, California-based Apple launched its own “pay-in-four” service, called Apple Pay Later, in March 2023. Roughly one-fifth of BNPL customers had tried the offering by July 2023, according to a J.D. Power report. The tech giant then began sharing data […]


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Banque Raiffeisen selects Worldline for cloud-based instant payments solution

May 30, 2024

Via: FinTech Futures

Under the agreement, which has made Banque Raiffeisen Worldline’s first Luxembourg-based client for its instant payments offering, the Paris-headquartered company will equip the bank with the tools to send and receive instant payments as required by the EU’s Instant Payments […]


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Cooperative Bank of Oromia in Ethiopia partners Mastercard for prepaid cards and Community Pass

May 21, 2024

Via: FinTech Futures

Through the partnership, the bank has launched its Coopbank Prepaid Mastercard offering designed specifically to enable international travellers from Ethiopia to complete global purchases online through e-commerce sites and digital platforms. Card transactions will be supported by a dedicated mobile […]


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The digital transformation divide in Europe’s banking industry

May 7, 2024

Via: FinTech Futures

According to the survey, fund managers have rediscovered their optimism, and gloomy predictions of recession seem to have been narrowly avoided. Against this backdrop, European fintech is finding its footing once more. Thanks to an exemplary combination of resilient financial […]


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FedNow pricing aimed at avoiding market disruption

April 29, 2024

Via: Banking Dive

The Fed launched FedNow last July. to provide real-time payments services in the U.S., enabling transactions to be settled in seconds instead of days. The speedier system, which will also be available for use around the clock and on weekends, […]


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The Evolution of Digital Wallets and Their Impact on Global Commerce

March 8, 2024

Via: TechBullion

Digital wallets are key in today’s digital economy, changing how we make payments globally. They make payments easy and improve security. This piece explores how digital wallets are changing payment methods, focusing on their importance for security, ease of use, […]


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Diamond Trust Bank Uganda partners TerraPay to enhance cross-border transfer processes

February 27, 2024

Via: FinTech Futures

TerraPay says the partnership will enable the bank to “facilitate direct account deposits from any part of the world”, allowing customers and expatriates residing outside of the country to send “real-time money transfers to their loved ones in Uganda“. Willie […]


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Why ‘pay-by-bank’ faces adoption hurdles in US retail

February 5, 2024

Via: Banking Dive

For U.S. merchants butting heads with card networks over card swipe fees, the answer might be to bypass cards altogether and allow funds to move directly from the payer to recipient via account-to-account payments — the “pay-by-bank” method. The problem […]


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Danske Bank looks to improve digital customer experience with Backbase

January 12, 2024

Via: FinTech Futures

Backbase, a Dutch provider of front-end digital banking solutions, says its platform will be implemented across the bank’s digital channels “progressively” over the next few years. The platform, which works across web and mobile interfaces and various advisory tools, specifically […]


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Eurosystem eyes up alternative payment solutions in latest retail payments strategy update

December 4, 2023

Via: FinTech Futures

First developed back in 2019, the aim of the retail payments strategy is to “develop pan-European solutions for payments at the point of interaction (POI), governed at the European level, and to further strengthen the Single Euro Payments Area (SEPA), […]


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How Embedded Payment Solutions are Driving Customer Loyalty

November 21, 2023

Via: Spiceworks

Explore the evolution of payment solutions with David Sharp, EverCommerce General Manager. Discover how embedded payment options enhance customer loyalty and satisfaction. In today’s digital age, how businesses handle payments has evolved dramatically. Gone are the days when customers had […]