News
Zopa buys BNPL platform DivideBuy
The acquisition, which is due to complete in the next few months, is Zopa’s first and will help it “bring to life BNPL 2.0”.
Read MorePakistan’s AdalFi backed by Plaid execs in $7.5m funding round
Since its launch in 2021, the digital lending infrastructure provider has already signed up 14 banks, to help them offer loans to consumers and businesses.
Read MoreExperian survey: 44% of lenders say Machine Learning models ‘difficult to deploy’
The survey sought responses from a mix of industry players to gauge how far along on the digital lending journey the ecosystem is.
Read MoreOpen Banking SWG: Role for OBIE’s successor as ‘central standard-setting body’
The final report from the Strategic Working Group secretariat for the Joint Regulatory Oversight Committee highlighted “divergent views” among stakeholders about a future entity, data-sharing next steps and ecosystem reliability.
Read MoreTrustly partners with APEXX Global to deliver recurring payments solution to merchants
The partnership will “supercharge” checkout conversion for merchants, according to Trustly’s CPO.
Read MoreEzipay teams up with MFS Africa to enable cross-continent remittances across Africa
Africa’s domestic e-payments market is forecast to swell to $40 billion by 2025.
Read MoreToken goes live with Open Banking payments in Italy
The expansion of Token’s Open Banking coverage network means it now includes more than 80% of bank accounts in Italy.
Read MoreUK 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.
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