Archive for February 2023
UK government opens consultation on proposed BNPL regulation
Stakeholders are being invited to respond to the eight-week consultation, which is proposing the creation of a temporary permissions regime.
Read MoreTD Bank unveils Black Entrepreneur Credit Access program
The program will provide Black-led businesses with dedicated support and financing, addressing the “obstacles” Black entrepreneurs typically face.
Read MoreUAE’s central bank to issue CBDC and launch instant payments platform
The implementation of new digital payment infrastructure and services is the first stage of a new Financial Infrastructure Transformation Programme.
Read MoreCredit card application fraud in UK hits record level in 2022
New data from Experian also showed a “striking” rise in first-party fraud in the UK.
Read MoreFintech Omnio secures €9m of equity funding
Omnio, which is targeting a €12 million fundraise, will use the working capital to complete its upcoming merger with Nordiska and Swiss Bankers, and a market listing.
Read MorePayit by NatWest’s new ‘Reusable Links’ feature used for corporate giving
CMS has become the first business to adopt the new feature by NatWest’s Payit to enable digital collection of charitable donations.
Read MoreUber partners with HSBC in Egypt to launch Flexpay for drivers
The financially-inclusive digital payments solution enables on-demand cashouts into mobile wallets.
Read MoreUS fraud prevention platform Alloy establishes UK presence
The fintech’s new London office marks its physical site outside the US, as it eyes further global expansion.
Read MoreCanadian small business owners say Open Banking framework should take their ‘needs’ into account
Research by Mastercard Canada found that the majority of small business owners already use digital financial tools, with security a high priority.
Read MoreNeobank Lunar secures €35m in new capital
The Nordic fintech will use the capital injection to offer new digital banking solutions to customers.
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