Payabill has decided to offer international trade finance effectively to this market segment. Traditional lenders have neglected finance for small businesses due to the high costs associated with onboarding and assessing these customers, as well as managing their credit risk. In addition, small businesses do not meet the onerous credit requirements of banks and other […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched ‘Dost’, a mobile-based application that provides a complete digital banking ecosystem to its customers and gives them hassle-free access to financial services round the clock. The latest addition to the MMBL ecosystem reflects the bank’s relentless pursuit of innovation to foster digital banking and […]

JazzCash, Pakistan’s leading fintech, has launched the country’s first-ever digital account for teenagers, the ‘JazzCash NextGen Account’. This account will allow adolescents between the ages of 12 and 17 years to receive their pocket money and make all their payments digitally. The JazzCash NextGen account will give young account holders access to the digital wallet […]

UK based Fintech Yoello has launched its mobile ordering solution in New Zealand. Yoello allows customers to conveniently order food and drinks to the table by simply scanning a QR code, and without needing to download an app. Merchants can also operate takeaway and delivery services all through one platform. After launching its order and […]

Tribe Payments have partnered with ClearBank to provide fintech customers with access to payment schemes. The partnership will strengthen Tribe’s Bank Connect solution by allowing its fintech clients to quickly and easily integrate Faster Payments, CHAPS, BACS and Direct Debit payments to improve the functionality of their offerings. The integration will allow end-users to instantly make and […]

Liberis has announced  that it has been selected by Klarna to provide additional financial services to Klarna merchants. Klarna, one of Europe’s most valuable private technology companies, provides 250,000 merchants in 17 countries with a checkout and payment suite that enables their consumers to “buy now and pay later”. Now, through Liberis, Klarna can also offer its […]

Smart Fintech launches SmartPay, the first alternative payment solution through Open Banking authorized by NBR in Romania. The fintech aims to execute in 2021 a number of several thousand payments per month through the SmartPay solution and expects the Open Banking competition to start in Romania. SmartPay is the first account-to-account payment initiation service that […]

Fiserv, a leading global provider of payments and financial services technology solutions, and NYDIG, a leading bitcoin technology and financial services company, has partnered to help financial institutions of all sizes to allow consumers to buy, sell and hold bitcoin through their bank accounts. This will enable banks and credit unions to meet growing mainstream […]

Vivid has partnered with Yapily to offer its customers a free top-up feature via Open Banking. Vivid will make it easier and more convenient for customers to transfer money from almost any bank account to their Vivid pocket. Customers will not need to enter their details manually every time they wish to transfer money from now on […]

Mobilink Microfinance Bank Ltd. (MMBL) and the Lahore Chamber of Commerce and Industry (LCCI) have signed a Memorandum of Understanding (MoU) for the provision of a wide array of banking products including digital banking solutions for the financing needs of LCCI member companies, particularly those belonging to the SME sector. The MoU was signed by […]