B2B payments platform Sprinque raises €6m for Europe expansion
European B2B payments platform Sprinque has raised a €6 million seed funding round led by Connect Ventures, with participation from Kraken Ventures, Inference Partners,...
Pacific Service Credit Union Chooses Lumin Digital for Enhanced Digital Banking Services Partner
Lumin Digital has announced a multi-year partnership with California's Pacific Service Credit Union (Pacific Service CU) to support an enhanced online-banking experience for the credit union's nearly...
No Alteration In The Benchmark Interest Rate In Malaysia
In an unexpected move on January 19, Malaysia's central bank left its benchmark interest rate unchanged, expressing concerns about the country's economy following four...
US Bank Industry Groups Denounce Fintech Proposal By SBA
The Small Business Administration's flagship loan programme is receiving strong opposition from bank trade groups in the US, which claim that allowing fintech’s to...
Indian Government Gets Bids For IDBI Bank Majority Share
An official tweeted on January 7 that the Indian government has received several offers for a majority stake in IDBI Bank after the window...
The Arab World- At The Forefront Of Global Affairs In 2023
The fact that a 166-year-old Western financial institution turns to Saudi Arabia for bailout money is both a sign of the times and a...
Next Bank, a digital bank in Taiwan launches on Temenos
Next BankTemenos announced that Next Commercial Bank (Next Bank), a new digital bank backed by Chunghwa Telecom, Taiwan’s largest telecom operator, has gone live...
SAMA Develops Open Banking Lab For Financial Innovation
Saudi Arabia's central bank recently announced the opening of a new lab where businesses may test their products against a pre-established framework, which is...
Paysharp receives Payment Aggregator In-Principle License from RBI
Paysharp, an India-based B2B payments company, recently announced that it has received the Reserve Bank of India’s (RBI) nod for Payment Aggregator In-Principle License.
Krishna...
Flat6Labs and Wio Bank sign MoU to streamline SME-centric banking services
Abu Dhabi’s entrepreneurship ecosystem, Flat6Labs, the MENA region’s seed-stage program and early-stage venture capital firm, and Wio Bank, the region’s first platform bank, have...