Visa’s Overhaul of UK Payment System to Transform £3.7 Trillion Market
Visa is set to revamp the UK's £3.7 trillion bank payment system by taking over NPSO operations, modernizing infrastructure with advanced technologies, and enhancing real-time payments. The overhaul promises to make transactions faster ... Read More
SEB Unveils Global Fund Targeting Sustainable Investments
SEB has introduced a new global fund dedicated to sustainable investments, aiming to drive positive environmental and social impact. The fund is set to leverage innovative strategies and provide investors with opportunities aligned with ... Read More
UK Plans Major Changes to Bank Fraud Refund Rules
The UK government plans to reduce the amount banks must refund to fraud victims, raising concerns among consumer groups and experts. The proposed changes aim to reduce bank costs but may leave customers less protected, affecting trust and ... Read More
Tabby Expands Footprint with Acquisition of Saudi Fintech Tweeq
Tabby, a prominent buy-now-pay-later (BNPL) provider, is set to acquire Saudi fintech Tweeq. This strategic move aims to strengthen Tabby’s market presence in the region and enhance its offerings, providing an expanded range of financial ... Read More
Atlantic Money Launches Portals for Seamless App-Less Fund Transfers
Atlantic Money has unveiled its new feature, Portals, which allows users to conduct fund transfers without the need for a mobile app. This innovation aims to streamline financial transactions and enhance user ... Read More
Singapore Introduces Scam Protection Bill to Safeguard High-Risk Transactions
Singapore's new Scam Protection Bill aims to curb rising financial scams by imposing stricter measures on high-risk transactions. The bill requires banks to enhance verification processes, implement cooling-off periods, and educate ... Read More
GoCardless Finalizes Acquisition of Nuapay
GoCardless has finalized the acquisition of Nuapay, a significant move to enhance its recurring payment capabilities. This deal expands GoCardless’s market reach and strengthens its offerings in the payment solutions sector, positioning ... Read More
Visa Unveils Money Movement Advisory Practice in North America
Visa has launched a Money Movement Advisory Practice in North America to help businesses and financial institutions optimize their payment processes. This new service will offer tailored solutions using Visa's expertise in cross-border ... Read More
Unlimit Partners with Alchemy Pay for Global Fiat-to-Crypto Purchases
Unlimit has partnered with Alchemy Pay to enhance global fiat-to-crypto purchases. The collaboration aims to simplify transactions, offering a seamless bridge between traditional currencies and cryptocurrencies across various ... Read More
Russia’s payment issues with Chinese partners intensified in August.
In August, Russia's payment obstacles with Chinese partners have intensified, impacting cross-border transactions. The situation is exacerbated by geopolitical tensions and regulatory hurdles, complicating financial operations between the ... Read More