Bank of America expands commercial contact-free payments
Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile wallet in the...
Virgin Money partners with Codat to boost business bank offering
Virgin Money has partnered with financial and accounting software provider Codat to strengthen its digital business banking offering.
Codat’s financial technology offering would facilitate the...
Paysafe to acquire payment technology firm Openbucks
UK-based online payments company Paysafe has acquired US-based payment technology company Openbucks, for an undisclosed amount.
Openbucks is a payment gateway that enables online merchants...
InComm Payments acquires Brazilian gift card processor Todo Cartoes
InComm Payments, a leading global payments technology company, announced that it has acquired Todo Cartões, one of Brazil’s main closed-loop gift card processors. The...
Revolut announces merchant acquiring solution for businesses
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments.
Revolut’s chief executive Nik...
Banking tech startups find new business opportunities as banks digitise systems rapidly
COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some...
WhatsApp launch WhatsApp cart for integrated m-commerce
WhatsApp has introduced a new shopping feature called WhatsApp cart for an easier more integrated m-commerce shopping experience on the platform.
The “Add to Cart”...
The Netherlands Authority for Consumers and Markets probes NFC payments
The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to...
Temenos to support ClearBank with cloud-based payments platform
UK-based clearing bank ClearBank has entered into a strategic partnership with Temenos, a Swiss banking software developer, to leverage its cloud-based payments platform.
ClearBank aims...
Yes Bank Sells Asset Management, Mutual Fund Businesses To White Oak Investment
Troubled private lender Yes Bank finalised an agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee...