Sberbank, one of Russia’s largest state-owned banks, has partnered with Visa and Russian supermarket, Azbuka Vkusa to open a cashier-less store where customers simply take items from shelves and are automatically charged. To use the all-new service, customers need to download the Take&Go mobile app by Sberbank, sign up, and associate a bank card with […]

Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based fintech firm Flutterwave. This feature has reduced the need for cash payments or direct withdrawals from their bank accounts, the latter being a somewhat problematic process that requires customers to give out sensitive card information. The partnership will allow […]

Meezan Bank, Pakistan’s first and largest Islamic bank has played a leading role in successfully concluding the issuance of Pakistan Energy Sukuk (PES) II worth approximately Rs. 200 billion by Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy and Government of Pakistan. The milestone transaction, powered by the […]

Nium, a global financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s Fintech Fast Track program. With this license, Nium is able to provide end-to-end issuing, processing, and onboarding services, and shorten the lead time for Visa card issuance to just four to six weeks. Nium plans […]

Asif Ali has joined Cheetay as their Chief Technology Officer (CTO). He previously led strong tech teams at ePlanet, Goto, foodpanda and Careem and has more than 15 years of experience in tech development and Machine Learning. “We are very excited to have Asif spearhead our tech development,” said Majid Khan, CEO of Cheetay. “Asif […]

Klarna, the leading global payments provider and shopping service, today announced that it is launching a customer loyalty program called Vibe this summer, becoming the first buy now, pay a later service provider to offer a rewards program. The no-fee program will be rolled out to the US market in June before being extended to […]

CaixaBank, Spain’s leading retail bank, launches the nationwide deployment of ATMs with facial recognition technology. The system is the first launched by a financial institution on a global level that allows users to withdraw money by simply recognizing them from the image captured by the terminal’s camera, meaning they do not have to manually enter […]

Centrapay, the digital asset integrator, has signed agreements with Coca-Cola Amatil (Amatil) in Australia and New Zealand to give thirsty antipodeans the option to use their Sylo Smart Wallet to pay for items across Amatil’s vending network using cryptocurrency. Centrapay’s world-class technology makes it easy for consumers, merchants, and machines to leverage digital assets in the physical […]

To ensure the safety of Har Pakistani, Telenor Pakistan has introduced a new feature called “PIN IT” in its flagship digital platform, MyTelenor App. This feature aims to provide users with the status of essential retail store/outlets and share the much-needed clarity that will ensure everyone’s safety during this challenging time. With a recent surge […]

Trusona, the pioneering leader in passwordless multi-factor authentication technology, today announced that Tandem Bank has selected and deployed Trusona to provide PSD2-compliant, passwordless strong customer authentication (SCA) that enhances the user experience while securing users and their financial data across all channels. Tandem Bank, a digital savings bank formed from Tandem Money’s acquisition of Harrod’s Bank […]