Quantoz Payments B.V., the Netherlands-headquartered payments technology company, has entered into a strategic partnership with Visa to become a direct Visa principal member. The agreement allows Quantoz to facilitate the issuance of virtual Visa debit cards and act as a BIN-sponsor for third-party fintechs and platforms. This infrastructure enables customers of these third-party platforms to […]
Explore MorePenny Software, the AI-driven digital procurement and spend-management platform, has officially opened a new UK office in Derby, marking a significant milestone in its global expansion. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company provides a B2B digital procurement solution that currently serves enterprises across more than 75 countries. The new Derby […]
Explore MoreeNovate, a subsidiary of eFinance Investment Group, and Cobi, a UAE-headquartered AI-native customer intelligence platform, have entered into a strategic partnership to integrate AI-powered intelligence across Egypt’s digital payment ecosystem The collaboration, enabled through Mastercard’s Engage programme, is designed to redefine how young people across Egypt engage with digital financial services. By combining eNovate’s payment […]
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Milo, a financial technology company and early mover in the crypto lending space, has surpassed $100million in originated crypto mortgages, marking a significant milestone for the emerging digital asset–backed home loan market. The milestone represents significant growth in the adoption of digital asset-based financing among high-net-worth individuals and institutional investors. The $100million figure includes the […]
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ClearBank, the technology-enabled enabler of real-time clearing and embedded banking, has taken a major step forward in its European growth journey. The bank has appointed a new European CEO and officially launched a new branch in France. The strategic moves come just over a year after the firm received its European banking licence. Since that […]
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LMS, a UK conveyancing services provider, is participating in the Bank of England‘s Synchrorisation Lab through its NPTN network. The initiative is examining how synchronised settlement could support a more efficient and secure remortgage process for lenders and other transaction stakeholders. Despite broader digitisation across financial services, property transactions remain heavily reliant on manual processes. […]
Explore MoreThe UAE Central Bank is currently guiding FIs on the responsible application of artificial intelligence, a move that sparked a conversation. I spoke with Katie Chambers on Dubai Eye. We explored a fundamental shift in our industry: whether automated decisioning truly expands access to capital or if it simply reinforces existing digital exclusion. While digitisation […]
Explore MoreBVNK, the enterprise stablecoin infrastructure provider, has secured its Crypto-Asset Services Provider (CASP) licence from the Malta Financial Services Authority (MFSA). The licence marks a major milestone for the company as the European Union transitions to its new harmonised regulatory framework for digital assets, known as MiCA (Markets in Crypto-Assets). With the CASP licence secured […]
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Mashreq, a leading financial institution in the MENA region, has announced the launch of a new cross-border banking service aimed specifically at its UAE-based Pakistani customers. For the first time in the UAE, Pakistani nationals living in the Emirates who already hold a Mashreq UAE account can now open an account with Mashreq Pakistan entirely […]
Explore MoreFinancial Conduct Authority (FCA) Chief Executive Nikhil Rathi has signalled a fundamental shift in the regulator’s approach. Speaking as the inaugural guest on the newly launched Fairer Finance podcast, Rathi confirmed the FCA is moving away from writing new rules in favour of using the existing Consumer Duty and supervisory tools to address market failures. […]
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