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Nov 20, 2024 – FinTech News

Mama Money Launches WhatsApp-Enabled Bank Card in South Africa

South African fintech Mama Money has introduced a bank card integrated with WhatsApp, designed to tackle barriers to conventional banking…

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Nov 20, 2024 – FinTech News

Santander Expands Openbank Digital Brand to Mexico

Santander has introduced its Openbank digital banking platform to Mexico, following its recent debut in the United States. Mexican customers…

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Nov 19, 2024 – FinTech News

Barclays Eyes Partnership with Brookfield, Set to Shed 80% of Merchant Acquiring Unit

Barclays Bank is reportedly in early discussions with Brookfield Asset Management to divest 80% of its merchant acquiring business, signaling…

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Nov 19, 2024 – FinTech News

Spanish Banks Pioneer EU Instant Cross-Currency Payment Scheme

Spain has become the first EU market to fully implement the European Payment Council’s (EPC) OCT Inst (One-Leg Out Instant…

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Nov 18, 2024 – FinTech News

UK Unveils National Payments Vision to Modernize the Financial Ecosystem

The UK government has introduced its National Payments Vision (NPV), a comprehensive blueprint aimed at transforming the country’s payments landscape.…

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Nov 18, 2024 – FinTech News

Bitfinex Hacker Sentenced to Five Years for Laundering Stolen Cryptocurrency

Ilya Lichtenstein, the hacker behind the infamous 2016 Bitfinex cryptocurrency heist, has been sentenced to five years in prison for…

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Nov 15, 2024 – FinTech News

FinCEN Issues Warning to Banks Over Growing Deepfake Threat

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to financial institutions regarding the rising…

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Nov 15, 2024 – FinTech News

PayPal Launches Money Pooling Tool for Group Purchases Across Key Markets

PayPal has launched a new money pooling tool, allowing friends and family to easily share expenses for group purchases. Available…

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Nov 14, 2024 – FinTech News

Morgan Stanley Invests $20 Million in Embedded Finance Leader NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in NovoPayment, a leading provider of embedded financial and payment infrastructure. NovoPayment…

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Nov 14, 2024 – FinTech News

Mastercard to Eliminate Passwords and Manual Card Entry by 2030 with Tokenisation and Biometrics

Mastercard is taking bold steps to revolutionize online payments by aiming to eliminate manual card entry, passwords, and one-time codes…

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