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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...

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...

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...

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,...

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...

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...

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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