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/regulation

Nium secures regulatory approvals in India

Nium, the leader in real-time global payments, proudly announces it has received in principle approval from the Reserve Bank of India for two prestigious payment licences – the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA) Licence.

/payments

PayTabs integrates SoftPOS with Nearpay’s ‘Tap to Phone’ technology

PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay, Saudi Arabia’s leading Payment Infrastructure as a Service fintech brand to offer users across Jordan and other PayTabs markets in the region, an elevated soft POS payment experience.

/retail

Chip releases its first Cash ISA

UK wealth app Chip has launched its first Cash ISA to help members maximise the potential returns from cash savings amid higher interest rates.

/security

Romance scams rose by a fifth in 2023

The number of people falling victim to romance scams increased by a fifth (22%) in 2023, compared to 2022, according to the latest data from Lloyds Bank.

/people

Santander appoints Petri Nikkilä as new global CEO of Openbank

Banco Santander has today announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank's non-auto consumer business.

/retail

Bank of Ireland invests €2.5 million in hybrid working hubs

Bank of Ireland has today launched the latest addition to its nationwide network of hybrid working hubs.

/sustainable

Geidea and Fils forge carbon emissions alliance

Geidea, recognized as one of the 25 top Fintech companies by Forbes Middle East, renowned for its innovative solutions and substantial market impact proudly announces its strategic partnership with Fils, a revolutionary force in simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API.

/payments

Commercial Bank of Kuwait selects Network international for digital transformation project

Commercial Bank of Kuwait (Al-Tijari), one of Kuwait’s renowned financial institutions, and Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, today announced an intent to strategically collaborate to significantly enhance Al-Tijari’s ongoing digital transformation and payment innovation initiatives.

/wealth

Schroders to bring wealth management tech inhouse

Schroders Personal Wealth (SPW) has announced the launch of its own platform as part of its commitment to continually enhance the journey and experience for clients.

/wholesale

Montran provides multi-currency Virtual Account Management platform to Intesa Sanpaolo

Montran has announced the launch of a groundbreaking multi-currency virtual account management platform for Intesa Sanpaolo, Italy's premier banking institution with a global financial services presence.

/crypto

London fintech firms KoinKoin and SR FINANZMANN close $2m funding round

London FinTech firms KoinKoin and SR FINANZMANN, have closed a $2 million private funding round in major boost to their corporate OTC business for foreign exchange and digital assets.

/retail

Allica Bank completes over £2 billion of business lending

Allica Bank – the fintech challenger bank specifically focused on established businesses with over ten employees – has revealed it has completed more than £2 billion in lending to UK businesses, with 80% of that being to businesses outside of London.

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