Credit unions have served as a financial backbone to millions of households in Africa for decades, with some 39,000 organizations across the continent providing small installment loans and credit lines. Now, the industry is embracing technology to accelerate growth and bring about expanded financial inclusion....
The Emirates Development Bank said Wednesday (Dec. 29) that since the bank launched its Business Banking App in September, more than 500 United Arab Emirates-based small- to medium-sized businesses (SMBs) and startups have opened accounts within a 48-hour window. Get the Full Story Complete the...
Next year could bring food supply disruptions and empty grocery store shelves to people in the U.K. thanks to new EU border controls, British food industry officials are warning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Card-to-card and international payments platform Paysend has launched a technology partnership with Tencent Holdings’ FinTech division that will let people receive money over Tencent’s WeChat service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Israeli FinTech PayMe is planning to expand into the European market, capitalizing on a change in regulations that have led to a “gold rush.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The days of paying for things by check in the Bahamas could be coming to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Indian FinTech Slice on Tuesday (Dec. 28) said it’s planning to hire almost 800 new employees next year, canvassing its operations, design, product and engineering departments, according to a Business Standard report. Get the Full Story Complete the form to unlock this article and enjoy...
Card acceptance firm UnionPay is collaborating with financial services company VNPay and payments platform ECPay to give shoppers in Vietnam the ability to make contactless Quick Response (QR) Code payments at over 60,000 merchants. Get the Full Story Complete the form to unlock this article...
China’s Ant Group plans to close its Xiang Hu Bao mutual aid platform next month, a move that comes as the country’s government continues its crackdown on FinTech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
