Airtel Africa Launches Smartcash Payment Service Bank
Airtel Africa Launches Smartcash Payment Service Bank
July 01, 2022  |  Banking

Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially...

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Careem Makes Second Acquisition This Week With Denarii
Careem Makes Second Acquisition This Week With Denarii
July 01, 2022  |  Acquisitions

Ride hailing, payments and food delivery platform Careem picked up money transfer firm Denarii for undisclosed terms, its second acquisition this week, according to a...

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Klarna Goes Shopping for Capital at $6B Valuation
Klarna Goes Shopping for Capital at $6B Valuation
July 01, 2022  |  BNPL

Buy now, pay later (BNPL) firm Klarna is preparing to raise new funds in a weak environment, a move that has reduced its valuation to roughly $6.5 billion, the Wall...

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GoCardless Secures Goes Open Banking With Nordigen Buy
GoCardless Secures Goes Open Banking With Nordigen Buy
July 01, 2022  |  Acquisitions

Digital payment solution GoCardless is to acquire Nordigen, an open banking data provider. In merging, the companies connect the two pillars of open banking: account-to-account...

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Restaurant Roundup: Brands Automate Food Production, Delivery
Restaurant Roundup: Brands Automate Food Production, Delivery
July 01, 2022  |  Restaurant Roundup

As restaurants continue to seek out solutions for their labor challenges, many major brands are testing robotic solutions to automate the cooking process. Fast-casual Chinese...

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54% of US Merchants Believe Payments Orchestration Reduces Cost
54% of US Merchants Believe Payments Orchestration Reduces Cost
July 01, 2022  |  B2B Payments

Implementing multiple payment gateways is a tall order for merchants and other companies as it requires dedicated information technology (IT) and payments staff at great...

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Today in FinTech: BNPL Openpay Exits US; Facebook Creators Can Showcase NFTs; G+D Snaps up Valid USA ID Biz
Today in FinTech: BNPL Openpay Exits US; Facebook Creators Can Showcase NFTs; G+D Snaps up...
July 01, 2022  |  Technology

In today’s FinTech news, Aussie BNPL firm Openpay is pulling out of the U.S. while security technology provider Giesecke+Devrient acquires the payment and identity solutions...

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May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
July 01, 2022  |  Consumer Finance

The share of consumers living paycheck to paycheck increased by 4 percentage points between May 2021 and May 2022, according to “The New Reality Check,”...

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EMEA Daily: Airtel Africa Launches SmartCash Payment Service Bank; Mollie and xentral Announce Collaboration
EMEA Daily: Airtel Africa Launches SmartCash Payment Service Bank; Mollie and xentral Announce Collaboration
July 01, 2022  |  emea

In today’s EMEA daily news, Airtel Africa unveils SmartCash Payment Service Bank, its newest subsidiary. GoCardless announces its acquisition of Nordigen and the expansion of...

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