News

If the U.S. Treasury does not approve an auction that would enable billions of dollars in insurance to be paid out, investors hurt by Russia's debt default will have to resolve some of their positions privately. Under the strain of...

Visa, a world leader in digital payments, announced today that it is partnering with Flocash (www.Flocash.com), FT Africa’s fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services. The...

ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person you’re paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for technological customer...

KBC Bank and Raiffeisen Bank International (‘RBI’) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of Raiffeisenbank (Bulgaria) EAD, which is responsible for the banking operations of RBI in Bulgaria. The transaction...

TrueLayer, Europe’s leading open banking platform, and innovative wealth-building app Chip, today announced their collaboration, delivering an improved customer experience through dramatically faster account payments. Chip offers a variety of options to make saving effortless through an approach that’s tailored...

I2C Inc., a leading provider of digital payment and banking technology, today announced its partnership with Colorado-based financial technology company Marygold & Co., to power the platform’s Tap to Pay Debit Mastercard and new customer-centric savings program. Leveraging i2c’s plug-and-play...

Buy now, pay later (BNPL) platform Zip announced it is closing its money management app Pocketbook due to “significant changes” that Zip is currently going through, Business News Australia reported Friday (July 8). The Pocketbook app, which was acquired by...