Mamo, a homegrown UAE-based FinTech and financial services platform for SMEs, has been granted regulatory approval to operate from Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region. The license has been granted by the Dubai Financial Services Authority (DFSA), the independent regulator of
Nasdaq’s automated quotes in the mid-1970s and online shopping in the mid-1980s were disruptive technologies for the financial industry. The latest disruptive fintech innovation, cryptocurrency, is gaining popularity with consumers, businesses, and government agencies. Large corporations and governments are particularly interested in the underlying technology of cryptocurrencies known as the blockchain. In fact, many organizations
Uber announced a new partnership with Marqeta, Mastercard and Branch to power the Uber Pro Card, an enhanced loyalty and payments experience that will help drivers and couriers save on gas, fees, and other expenses. Built for drivers and couriers, the Uber Pro Card offers customized perks, including up to 10% cash back on gas and
Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit
HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems. Developed in partnership with CGI, the new platform allows customers
Buy now, pay later (BNPL) firm Afterpay is launching a new monthly payment option that aims to give consumers greater payment flexibility and responsible spending options ahead of the holiday shopping season. Shoppers who choose Afterpay’s monthly payment option can budget their purchases over a 6- or 12-month return period on purchases ranging from $400 to
BNY Mellon, in collaboration with Aite-Novarica Group, today released a study examining commercial payment trends, finding that businesses are embracing a range of emerging digital tools such as real-time payments (RTP) and digital wallets. Significant geographical disparities in channel usage were also discovered by the survey. With the upcoming implementation of the FedNow service and
Open banking has opened up new possibilities for financial services and technology, allowing businesses to tap into consumer data like never before. For example, third-party service providers can now access customer bank account information, account balances, financial history, and more. through the bank link and the consent of the customer. Growth and enhancement through in-depth
UK digital challenger Zopa is in talks to raise $100 million in what could be its final funding round before going public, according to Sky News. The raise, which would value the bank somewhat higher than its £750 million valuation from a £220 million round last October, is currently being discussed by the bank with both new
Bendigo Bank has today launched its new PayTo digital payments service delivering new levels of control and transparency for its online and mobile banking customers. PayTo is a novel, digital means to pre-authorize one-time or recurring payments straight from a bank account. It was created locally utilizing the real-time payment capabilities of the New Payments Platform,
MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, and Jingle Pay, a financial super-app based in the United Arab Emirates (UAE), today announced a partnership to enable convenient and fast global money transfers through the Jingle Pay app. Consumers in the UAE can use the Jingle Pay app – powered
10 Oct - 13 Oct 2022 | 9:00 am
10 Oct – 13 Oct 2022 | 9:00 am Sibos 2022 returns to an in-person event centering on “Progressive finance for a changing world”, with over 250 speakers debating major industry topics including embracing the digital landscape, succeeding in uncertain times and driving sustainability and ethics. Read More
