Banking
US fintech Clair lands $25m equity funding to power on-demand pay
New York-based fintech start-up Clair has secured $25 million in equity funding to fuel the growth of its consumer on-demand pay solution backed by...
Business
FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
FIS has reached a definitive agreement with private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire...
Banking
Britcoin privacy preserved as Bank of England taps Nuggets for identity layer
The Bank of England is collaborating with Nuggets, a decentralised identity and payment platform, to design a privacy-preserving identity layer for a potential digital...
Banking
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Mastercard has launched an AI-powered Consumer Fraud Risk solution in the UK, with nine banks, including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo,...
Banking
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Indonesia's largest digital banking platform, Allo Bank, has partnered with Tencent Cloud to enhance its digital banking services. Through the partnership, Allo Bank will...
Banking
Mbanq’s BaaS offering supports US debut of SME-focused Cheqly
Cheqly, a San Francisco-based fintech, has partnered with Mbanq's Banking-as-a-Service (BaaS) platform to launch its SME-focused digital banking services in the US. Cheqly offers...
Banking
Honouring the innovators: PayTech Awards 2023 winners revealed
The PayTech Awards 2023 recognized outstanding achievements in the payment technology sector, with a total of 37 winners and 27 highly commended entries across...
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