Varo Bank is introducing Varo Advance, an innovative product that instantly advances up to $100 to qualifying customers and gives customers more flexibility and control over their finances. Varo Advance provides eligible customers with instant access to up to $100 cash advance directly in the Varo Bank app. It comes with a fixed cost structure and with […]

RBC Capital Markets announced the launch of Aiden, an AI-based electronic trading platform that uses the computational power to get improved trading results and insights for clients. In collaboration with RBC Capital Markets and Borealis AI, Aiden platform has been developed, a world-class AI research center created by RBC, as traders and AI scientists worked side-by-side […]

First Abu Dhabi Bank has launched Digital Marketplace powered by payit, its digital wallet. It allows small and medium businesses to list and sell their products and services on the platform conveniently and make them accessible to a growing base of payit customers. Digital Marketplace platform will include a range of products and services, such […]

Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led Paystack’s Series A financing round and has provided ongoing guidance as […]

Deutsche Bank has rolled out  ‘Deutsche BizBanking’, a new platform under which its business clients ranging from self-employed small businessperson to medium-sized businesses will be served under single platform. The products and services of its Deutsche Bank, Postbank and FYRST brands will be managed by a single unit called “Deutsche BizBanking.”The bank has strengthened the […]

Mastercard has launched Mastercard Track Card to Account Transfer, a new business-to-business payments solution in Asia Pacific, It will allow businesses to use commercial cards to pay Suppliers regardless of whether they accept card payments. TrackTM Card will help businesses manage cash flow, eliminate manual work and expand payment options as Suppliers can receive card […]

  Citibank India and Mastercard has collaborated to launch ‘IKEA Family Credit Card by Citi’. This card provides instant in-store card bookings, direct payments via Bharat QR, accelerated reward points and attractive EMIs. Furthermore, the card will also offer reward points on all purchases with instant reward redemption at IKEA.The accumulated points can be redeemed in part […]

Matthew Gamser, CEO of the SME Finance Forum, discusses the important role SMEs play in a country’s economy and what should be done to better support and promote them. The SME Finance Forum is a global center for knowledge exchange and networking created by G20 countries to support help close the SME finance gap around […]

Temenos has announced that FlowBank has selected Temenos Transact delivered as SaaS to power its new digital bank in Switzerland. The technology will enable FlowBank to rapidly launch and offer a new investing experience to private and institutional investors in Switzerland and internationally. By using SaaS, FlowBank will create a hyper-efficient cost model and reduce IT […]

ECOMMPAY has announced its merger with Telegram, it will allow users to make in-app purchases via Telegram Bots, powered by ECOMMPAY. Telegram users will now be able to purchase cinema tickets, utilities, insurance, travel, and many other services, directly within the app thanks to ECOMMPAY. Making the payment is easy, the user selects a product […]