While late payments are a constant concern for small and medium businesses (SMBs), their impact continues to grow, according to a new report from bank […]
Month: March 2025
Fintech Galaxy Partners With ProgressSoft to Accelerate Open Banking Adoption and Compliance in MENA
Fintech Galaxy, the open banking infrastructure provider founded in the UAE, is partnering with ProgressSoft, a real-time payment solution provider, to accelerate open banking adoption […]
Visa Launches Tap-to-Add Card in Egypt to Bolster Digital Payment Adoption and Card Security
Digital payments giant Visa has launched Tap-to-Add Card in the Egyptian market, enabling cardholders to add their Visa contactless cards to digital wallets with a […]
Airwallex Set to Acquire Vietnamese CTIN Pay to Support Southeast Asia Expansion
Airwallex, the global payments and financial platform for growing businesses, is set to acquire CTIN Pay, a Vietnam-based Intermediary Payment Service (IPS). By acquiring CTIN […]
UniCredit Acquires Aion Bank and Vodeno in Move to Accelerate European Expansion
UniCredit, the pan-European commercial bank, has completed its acquisition of Belgium-based digital bank Aion Bank and Vodeno, the cloud-native core banking system. Having originally announced […]
Money Launderers Turn to Savings Accounts to Receive Fraudulent Funds, Finds Synectics
Reports of savings accounts being ‘used to receive fraudulent or disputed funds’ increased by 63 per cent last year, compared to a 12 per cent […]
Banque du Caire Integrates TerraPay to Offer Remittance Services for Egyptian Diaspora
TerraPay, the cross-border payment solution provider, is partnering with Banque du Caire (BDC), one of the largest financial institutions in Egypt, to enhance remittance services […]
PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions
The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra […]
HSBC Leverages TreviPay Platform to Help Corporate Customers Offer More Payment Choices
HSBC is partnering with TreviPay, the B2B payments and invoicing network, in a move to enhance digital purchasing experiences for businesses by offering flexible payment options […]
Bank of Kigali and KCB Group Join Pan-African Payment and Settlement System
Kenyan bank KCB Group and the Rwanda-based Bank of Kigali have joined the Pan-African Payment and Settlement System (PAPSS), which was launched by the African […]