Innovation
Finastra has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. This move will enable the bank to grow its financial markets division by developing new complex products and improving operational efficiency through automation. “As an innovation leader in Vietnam’s banking sector, the digitization and modernization of our business […]
CellPoint Digital has been selected by Yas Theme Parks in Abu Dhabi, UAE, to enable the use of Alipay as an online payment method. The partnership will initially allow guests to use Alipay to book their tickets for the theme parks including Ferrari World Abu Dhabi, Yas Waterworld Abu Dhabi, and Warner Bros World Abu Dhabi. Therefore, CellPoint’s […]
Temenos has announced that its cloud-native technology platform has gone live with Varo Bank. Varo, the first consumer fintech granted a national bank charter in the US, is using Temenos Transact as its core banking technology. Temenos Transact makes it possible to offer a full range of digital banking products, from deposit and saving accounts […]
Visa has partnered with Norway-based digital wallet Vipps to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the Vipps platform to create their own digital wallets and offer customers new ways to pay, be paid, and manage their money. Antony Cahill, Managing Director European Regions at […]
Global money transfer start-up PaySii has partnered with MFS Africa to facilitate remittances into Africa. This partnership will allow the company to service customers sending money to mobile money wallets in Nigeria, Ghana, Uganda, Cameroon, Rwanda, Ethiopia, Côte d’Ivoire, Zambia, Madagascar, Malawi, Congo, Niger and Benin. The partnership will facilitate the money transfers into mobile […]
Mohsin Ahmed, CEO at Pakistan Microfinance Network (PMN), shares strategies to overcome low financial inclusion in Pakistan and how they are supporting members to promote innovation and entrepreneurship. Ahmed while discussing the affects to recent pandemic on Pakistani economy says, “The bigger challenge on the macro front is to interact with the global economy as […]
Mastercard has partnered with TSYS to enable consumers to use their Mastercard to split transactions into instalments before, during, or after checkout. This partnership complements Mastercard’s comprehensive suite of merchant offerings through API-based solutions, commercial partnerships, and acquisitions across the globe. “Adding the installment lending function to a bank card is suitable for all parties in the transaction. […]
Mastercard partners with Hero to create priceless possibilities for millions as they transform the digital payments and financial services landscape MENA. The solution will lead to superior consumer experience and financial security for consumers, riders and restaurants, spearheading growth of digital inclusion across the region and additionally drive operational efficiencies across Delivery Hero’s platforms. It […]
Cashfac and Sterling National Bank have announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities. The partnership will deploy Cashfac’s Virtual Bank Technology platform, delivered remotely via the Cloud. Consistent with Sterling’s strategy of providing technology-enabled solutions to small and medium sized businesses, Cashfac’s VBT platform will allow Sterling to provide scalable […]
Instacart and 7-Eleven has announced partnership to offer same-day delivery to its customers, often in as fast as 30 minutes. Instacart will deliver of thousands of convenience, alcohol and grocery snacks, over-the-counter medicine, energy shots and drinks, and more.The service will be available after 8 a.m. from more than 750 locations in Dallas, Miami, Baltimore, […]