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3 FACTORS THAT AFFECT HOW YOU SERVE YOUR SMALL BUSINESS BANKING CLIENTS


Small businesses make up more than 99% of the economy and are responsible for 65% of new job creation. In our opinion, there’s nothing “small” about that. Many financial institutions (FIs) disregard small business owners despite these statistics. Only 25% of small-to-medium sized businesses (SMBs) have awarded relationship managers a “very good” rating since COVID-19, according to

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AFFIRM AND AMAZON INTRODUCE PAY-OVER-TIME OPTION TO CUSTOMERS IN CANADA


Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of its relationship with Amazon to Canada, bringing increased payment flexibility and transparency to customers shopping on Amazon.ca. This payment option will be available during checkout to all eligible customers in both English and French within the next month.

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NEXI AND GLOBAL BLUE SIGN A STRATEGIC PARTNERSHIP TO PROVIDE FRICTIONLESS OMNICHANNEL PAYMENT EXPERIENCE FOR THE HOSPITALITY, RESTAURANTS, AND RETAIL ON ORACLE® PLATFORMS


Nexi, the leading PayTech in Europe, and Global Blue, the leading technology company in tax‐free shopping and added‐value payments, enter into a strategic partnership aimed at integrating Nexi’s payment solutions directly into existing Property Management Systems (PMS) and Point Of Sale (POS) software platforms. This agreement further strengthens a long‐term relationship on DCC (Dynamic Currency

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HOW FINANCIAL SERVICES ARE FOLLOWING IN THE FOOTSTEPS OF AMAZON WITH DIGITAL IDENTITY


Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Despite the availability of online tools and support via apps or chatbots, traditional banks and financial institutions have traditionally encouraged consumers to visit

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FLUTTERWAVE ENABLES GOOGLE PAY FOR AFRICAN BUSINESSES


Flutterwave, Africa’s leading payments technology company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave. As part of this collaboration, Google Pay will serve as an additional payment option for merchants on Flutterwave for business. This collaboration will offer safe and seamless payments, as well as convenient checkout

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FINASTRA AND VISA ANNOUNCE GLOBAL BAAS OFFERING INTEGRATING VISA DIRECT


Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct – which provides access to more than two billion accounts through push-to-account offerings. The new capability will give Finastra’s bank customers around the world access to cross-border payout capabilities for small- and medium-sized

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MONEYGRAM AND E& INTERNATIONAL EXPAND PARTNERSHIP, ENABLING 160M CONSUMERS ACROSS ASIA, AFRICA AND THE MIDDLE EAST TO SEND MONEY GLOBALLY


MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, and e& international from e& (formerly known as Etisalat Group), one of the world’s leading technology and investment conglomerates, today announced an expansion to their strategic partnership. The expansion enables e& international’s large and fast-growing customer base of nearly 160 million to use

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WELAB AND ASTRA COMPLETE THE ACQUISITION OF BANK JASA JAKARTA


WeLab, a pan-Asian FinTech platform, announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia’s largest public companies. The Financial Services Authority’s granting of acquisition permission serves as a sign of completion (OJK). WeLab-led consortium Welab Sky Limited (WeLab Sky),

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VONAGE PARTNERS WITH FINANCIAL SERVICES PROVIDER MOLLIE


Mollie, one of the fastest growing financial services providers in Europe, announced it has been selected by Vonage, a global cloud communications leader, as a strategic payment provider for Vonage’s Jumper.ai product across Europe. Vonage’s end-to-end conversational commerce solution is called Jumper.ai. It lets businesses of all sizes develop consumer purchasing experiences that are messaging-first

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JEFF BEZOS-BACKED CHIPPER CASH PARTNERS WITH HIGHNOTE TO LAUNCH CARD PRODUCT FOR THE US, BROADENING FINANCIAL INCLUSIVITY FOR MILLIONS


Chipper Cash, a cross-border payments app used by over five million people throughout Africa and its diaspora, today announced its partnership with Highnote, the world’s most modern card issuance platform, to soon launch a new card capability. This new service will empower US-based Chipper Cash customers to access their Chipper Cash digital wallets to make

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HSBC BRINGS FIRST BLOCKCHAIN TRANSACTION FOR MIDDLE EAST AUTOMOTIVE’S INDUSTRY


The international bank, HSBC has conducted the first Blockchain transaction for the Middle East Automotive Industry. The transaction was facilitated by the Blockchain platform, Contour, between the Chinese carmaker SAIC Motor and Taajeer Group, the authorized dealer of MG cars in Saudi Arabia. “The firm’s digitizing at scale implies making customers’ lives easier. With Contour,