Clair partners with MetaBank, Galileo to expand user accessibility
US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.
Abu Dhabi Islamic Bank partners with FIS to upgrade its instant payments services
Abu Dhabi Islamic Bank (ADIB) has teamed up with FIS to upgrade its digital payment infrastructure with the aim to provide instant payment to its customers.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
CloudWalk rakes in $190m Series B to bolster domestic presence
Brazilian payment technology firm CloudWalk has raised $190m from a Series B funding round.
American Express, Tink enter European banking partnership
American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.
Mastercard, Billetera team to provide digital payments in DR Congo
Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).
Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
ReCharge collects $277m in growth funding
ReCharge, a subscription management for e-commerce, has collected $277m in growth funding to bolster its growth rate.
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
UK retailers lost £39.4bn during lockdown due to surge in abandoned baskets
UK retailers have lost out on over £39.4bn in potential sales in the past 12 month, after the value of online abandoned baskets more than doubles since 2018.