HyperPay, a payment gateway operating in the Middle East and Northern Africa (MENA), has secured a digital payment licence from the Saudi Central Bank (SAMA). […]
Category: Fintech
CFPB Approves FDX as First Standard-Setting Body for Open Banking
The Consumer Financial Protection Bureau (CFPB) has approved the Financial Data Exchange (FDX) as the first standard-setting body in an important step towards implementing open […]
Nevermined Strengthens Team and Expansion Strategy for AI Commerce With Its Latest Funding Round
Looking to accelerate the adoption of AI commerce, Nevermined, the AI payment infrastructure provider for AI-to-AI transactions, has raised $4million in its latest funding round. […]
Less Than a Week Till DORA: Ensuring the Final Checks are Made
The Digital Operational Resilience Act (DORA) implementation deadline is less than a week away, and with financial firms facing up to two per cent of […]
VC Firm FIA Ventures Launches in DIFC: Offering Guidance and Strategic Support Alongside Investment
A new private venture capitalist firm headquartered in the Dubai International Financial Centre (DIFC), FIA Ventures, has officially launched. Founded by Mohammed Saleem, who also […]
Ripple Selects Chainlink Price Feeds to Bring Pricing Data for its USD Stablecoin Onchain
Ripple, the global digital asset infrastructure provider for financial services, is joining forces with Chainlink, a provider of infrastructure powering the movement of tokenised real-world […]
Still Striving for Top Spot: Innovate Finance Says UK Needs Greater Ambition and Pace of Reform
Global fintech investment fell 20 per cent to $43.5billion across 6,464 deals in 2024 according to the industry body representing UK fintech, Innovate Finance. Nonetheless, […]
Fintech Continues to Boom in Scotland, as FinTech Scotland’s Ecosystem Surpasses 11,000 Employees
In its seventh year, fintech ecosystem FinTech Scotland, has revealed that it has seen over 11,300 people work in the fintech sector in 2024, following […]
Global Network Tokenised Transactions Set to Double by 2029, Says Juniper Research
Global network tokenised transactions could double by 2029, rising from 283 billion in 2025 to 574 billion in 2029; according to new research by fintech […]
dLocal Secures FCA Payment Institution Licence, With Plans to Help UK Merchants Scale Globally
dLocal, a payment platform connecting merchants to emerging markets born out of Uruguay, has secured the UK Authorised Payment Institution (API) licence from the Financial […]