Adyen to become acquiring bank for Klarna
Dutch payment firm Adyen is set to become an acquiring bank for Klarna’s global consumer offerings, starting in Europe, North America, and Asia in 2024.
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Tag: fintech
Cashback app backed by Mitgo Group launches in the MENA region
A new cashback app backed by a $1.2 million investment from the Mitgo Group, has launched in the Middle East and North Africa (MENA) region as the popularity of cashback services continues to grow.
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Mastercard and areeba partner to support fintech payment platforms in the Middle East
Through the collaboration, Mastercard and areeba are planning to support fintech companies and non-banking financial institutions by building ready-to-market hubs in selected Arab countries.
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Uk fintech Triver raises £20 million to boost funding for small businesses
The £20m debt facility with Luxembourg-based Avellinia Capital means Triver can offer over £200m of funding annually using Open Banking data and AI-led technology.
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Indonesia and Singapore launch cross-border QR payment linkage
In addition to benefitting micro and small businesses the cross-border QR payment linkage is aiming to support a significant number of travellers between the two countries, with travel rebounding post-pandemic.
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Kingston Technology: Privacy and data security ‘imperative’ for financial organisations in the Middle East
So far, 2023 has seen record-high costs due to data breaches in the Middle East, with finance ranking as the most targeted sector. Kingston Technology Europe is calling on banks and investment firms to be more pre-emptive in their approach to data security.
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UAE’s Fuze receives licence approval from Virtual Asset Regulatory Authority
Through the licence Fuze will be able to offer regulated virtual asset activities for Broker-Dealer services in the region.
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Saudi Arabia’s PayTabs inks deal with Tabby
On the back of the deal, PayTabs will offer Tabby’s split payment option to merchants in both Saudi Arabia and the United Arab Emirates.
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TerraPay partners with Maya on cross-border payments for Filipinos
TerraPay and digital bank, Maya are partnering up to make international remittances more accessible, convenient, and secure for Filipinos globally.
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Zoom teams up PCI Pal to upgrade payment experience
Zoom Video Communications has teamed up with SaaS provider PCI Pal to integrate two new payment solutions into its platform.
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Apple’s Tap to Pay on iPhone arrives in France
France has become the eight region to adopt Apple’s Tap to Pay on iPhone following the initial launch last year.
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5 reasons why embedded finance adoption could soon soar
Here are five reasons why businesses are increasingly looking to embrace embedded finance technology and why it could shape the future of financial services in the digital age.
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OpenPayd publishes whitepaper on ‘Embedded Finance in 2023’
Almost three in four businesses are planning to launch embedded finance solutions as companies globally adapt to consumer behaviour changes.
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Klarna expands rollout of commerce engagement tools
Swedish payments fintech, Klarna has announced the global rollout of Ads Manager and Creator Shops, designed to help retailers and creators engage with consumers more effectively.
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Avelo Airlines inks deal with PayPal for ‘Pay in 4’ payments
Avelo Airlines has inked a deal will PayPal to become the first U.S. airline to offer PayPal’s Pay in 4 payment feature.
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Yedpay and Mastercard introduce ‘One Touch’ payment solution
Hong-Kong based Yedpay has partnered with Mastercard to introduce a ‘One Touch’ payment solution so businesses can manage their funds more easily.
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Magnati and TerraPay expand payment options for African wallet holders
UAE-based Magnati is expanding its range of payment methods for African wallet holders in collaboration with global cross-border payments network, TerraPay.
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Qatar Islamic Bank expands Direct Remit Service to the UK
Qatar Islamic Bank (QIB) has announced it is expanding its Direct Remit Service to the UK as part of a collaboration with Standard Chartered Bank.
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One in five now make payments using Open Banking, says Moneyhub
Moneyhub’s research comes following figures showing that Open Banking payments hit a milestone earlier this year, reaching 11.78 million transactions in September.
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Openpay partners with Yapily to enhance open banking in Europe
Danish fintech, Openpay, has partnered with Yapily, a UK-basedl open banking API provider, to expand services for peer-to-peer money transfers in the region.
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