News
Klarna reports ‘rapid growth’ in Canada
The global payments network has reached 640,000 active customers in the country in less than 18 months.
Read MoreTrading platform CMC Markets enables Open Banking payments with TrueLayer
CMC Markets’ Colleen Bohm said its investor clients value an interactive payment method that can deliver near real-time payments.
Read MoreHSBC to launch embedded finance-focused business with Tradeshift
The planned business is part of a new joint venture that will see HSBC invest $35 million in business commerce platform Tradeshift.
Read MoreDigital bank N26 hires Carina Kozole as chief risk officer
Since April, Jan Stechele has held the chief risk officer role in an interim capacity, with Kozole appointed as a permanent replacement.
Read MoreArab Financial Services selects CRIF for ‘ready-to-go’ Open Banking use cases
AFS will offer its bank clients across MENA Open Banking use cases and solutions via its Open Finance platform.
Read MoreGlobal fintech funding takes hit in H1 2023 amid ‘enormous headwinds’
The Americas was the only region to grow fintech funding in the first six months of 2023, while payments fintechs secured the largest share of funding by subsector.
Read MoreAffirm becomes exclusive US pay-over-time partner of Cathay Pacific
The airline’s customers will be able to choose to pay for flights in bi-weekly or monthly instalments.
Read MoreVanquis Banking Group buys money-saving app Snoop
Snoop’s chief executive officer John Natalizia called Vanquis Banking Group “the perfect partner to help the business grow”.
Read MoreJP Morgan backs Tifin’s new fintech launchpad Tifin.AI
US-based Tifin.AI will develop AI-powered fintechs for the wealth management industry.
Read MoreMajority of UK SMEs still rely on banks for cross-border payments despite pain points
However, research by Neo, found that CFOs at SMEs are looking beyond traditional banks to non-banking payment solutions for their cross-border payment needs.
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