OKEO, a digital payment service provider for European entrepreneurs and businesses, announced their successful go-live on leading cloud banking platform, Mambu. OKEO helps customers save time and money by providing access to modern and professional banking services. Mambu’s composable platform enables OKEO to offer multi-currency foreign exchange payments, at rates up to five times better […]

Leading B2B e-commerce platform Alibaba.com will host an event in Faisalabad on 16 August to discuss the new era of B2B e-commerce with existing and potential exporters in the region. The event, titled “Go Export with Alibaba.com,” will bring together existing and potential exporters to offer tips and counsel on ways to begin and develop […]

Jack Henry & Associates, Inc.® announced that it has entered into a definitive agreement to acquire Payrailz, adding the company’s next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry’s payments ecosystem. Based in Glastonbury, Conn., Payrailz provides cloud-native, API-first, AI-enabled consumer and commercial digital payment solutions and experiences that enable money to […]

Open Payment Network (OPN) and North American Banking Company (NABC) announced the capability to deliver instant payments to and from any financial institution on The Clearing House’s Real Time Payment (TCH-RTP) network through NABC’s ExcheQ application. By leveraging OPN’s certified interoperability with TCH-RTP, NABC can offer customers more payment options along with the payment speed for which […]

Novo, the powerfully simple financial platform for small businesses, announced that the company has launched Express ACH, a service that will allow all of Novo’s small business customers to process same-day ACH payments. “At Novo, we’re focused on giving small businesses an incredibly fast and simple solution for managing their cash flow,” said Novo CEO […]

After successfully obtaining the In-Principle Approval from the State Bank of Pakistan for an Electronic Money Institution (EMI) license, YAP Pakistan has now entered into a strategic partnership with Faysal Bank to introduce digital financial services through the Fintech Express program. Faysal Bank’s Fintech Express program is focused on identifying and fostering fintech startups with […]

Careem, the Super App for the greater Middle East and Pakistan, has launched the Falcon project to provide learning and employment opportunities to young and aspiring engineers across the region. The program consists of multiple training modules that will last for twelve months and enable fresh graduates to get hands-on experience in solving real-life problems […]

Onyx CenterSource , a leading global provider of B2B payments and business intelligence to the hospitality industry, announced the launch of its latest payment platform integration for Booking.com ’s affiliate travel agencies. The integration is customized for Sabre-connected travel agencies, enabling them to directly connect into Booking.com and streamline revenue share payment processing for completed […]

Deutsche Bank is developing its own BNPL (buy now, pay later) solution for invoice and instalment purchases in a collaboration with Vienna-based fintech Credi2. The white-label – own brand – solution for online merchants and e-commerce marketplaces in Germany can be flexibly integrated into the payment process. Pilot projects are scheduled to start this year. […]

Fintechs and online businesses, that would like to offer banking services to customers via open banking platforms or payment service providers, can now partner with Monneo and access its extensive payment and banking network. The new API will allow almost instant access to all Monneo’s world leading services in a safe, secure and regulated platform. […]