Saudi Fintech EdfaPay Secures Landmark PCI Mobile Payments Certifications
EdfaPay, a pioneering digital payment solutions provider, has announced a landmark achievement: securing the coveted “PCI Mobile Payments on COTS (MPoC)…
Month: August 2025
Banking Circle Completes Acquisition of Australian Settlements Limited
Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, has completed its acquisition of Australian Settlements Limited (ASL), an Authorised…
Fintech group Intelligent Lending launches Binq app for UK SMEs
Binq, a new AI and open banking-powered app tailored specifically to help the UK’s 5.5 million small and medium-sized enterprises…
UK fintech Liberis promotes Rob Fairfield to CEO
London-headquartered embedded finance fintech Liberis has promoted Rob Fairfield, who has served as the company’s chief operating officer (COO) for the last…
Brazil’s QI Tech raises $63m Series B extension
Brazilian financial infrastructure company QI Tech has secured a $63 million Series B extension led by General Atlantic with participation…
Libyan Islamic Bank launches new mobile banking platform through Backbase collaboration
Libyan Islamic Bank (LIB) has launched a new mobile banking platform powered by Dutch banking technology provider Backbase. Established in 2017,…
Euronet expands product suite with $248m CoreCard acquisition
Global payments services company Euronet has entered a definitive agreement to acquire CoreCard Corporation, a US-based credit technology solutions provider.…
US loan servicing fintech Salient bags $60m in Series A funding
US fintech start-up Salient, which offers an AI-powered platform designed to automate and streamline loan servicing processes, has secured $60…
EazyPay Launches Mastercard Receivables Manager in Bahrain
Eazy Financial Services (EazyPay) has launched Mastercard Receivables Manager in Bahrain, making it the first acquirer in the market to adopt the solution…
With Time Confidence Will Grow in AI Verification: LexisNexis Risk Solutions Reveals Public Concerns
New research from data and analytics firm LexisNexis Risk Solutions has revealed that over half of UK adults (58 per cent) say…
Zopa Selects Thought Machine to Power Next Step Into Everyday Banking
Thought Machine, the cloud-native banking technology company, is partnering with digital bank Zopa as it enters everyday banking with its flagship current…
Orange Money Group Partners With JUMO to Extend Credit Services to the Underbanked
Orange Money Group, the mobile financial services provider in the Middle East and Africa, has joined forces with banking-as-a-service financial…
Worldline enters talks to sell MeTS unit to Magellan Partners in €410m deal
French payments company Worldline says it has entered into exclusive negotiations with European consulting and technology firm Magellan Partners over…
Ramp’s valuation jumps to $22.5bn after $500m Series E-2 funding round
US spend management fintech Ramp has secured $500 million in a Series E-2 funding round, catapulting its valuation to $22.5…
Midbank replaces legacy tech with Temenos core banking platform in “big bang” go-live
Egypt-based Midbank has gone live with Temenos’ banking technology suite, comprising Temenos Core, Payments Hub, Financial Crime Mitigation (FCM), and Data…
Philip Bowcock appointed as new CEO of foreign exchange firm Travelex
Travelex, a UK-based foreign exchange company, has named former William Hill chief executive Philip Bowcock as its new CEO. Starting…