March 13, 2023
South Africa Claims Real-Time Payments Progress With PayShap
South Africa’s central bank says the country is closer to “a more accessible national payment system.” That’s due to the Monday (March 13) launch of PayShap, which the South African...
March 10, 2023
Pagos CEO on Reducing Costs by Leveraging Data-Driven Payments Intelligence
A dollar saved is a dollar earned, and every penny counts in today’s challenging macroclimate. “What we see now is an intense pressure on finding ways of reducing cost,” Klas...
March 09, 2023
PartsBase Deploys OroMarketplace Solution for B2B Sales in Aviation Industry
PartsBase has launched an eCommerce marketplace for the aviation industry powered by Oro. The new PartsStore platform is built on OroMarketplace, Oro’s end-to-end digital marketplace solution, the companies said in...
March 09, 2023
UK-Based Embedded Finance Platform Railsr Sold to Consortium
Railsr, formerly known as Railsbank, has been sold to a consortium of global investors. The change of control of the embedded finance platform has been approved by the United Kingdom’s...
March 09, 2023
Yoti and Lloyds Banking Group Partner on a Reusable Digital...
Lloyds Banking Group is supporting Yoti in developing a reusable digital identity solution. The support includes a £10 million (about $12 million) investment in the United Kingdom-based digital identity company. The new product...
March 03, 2023
Railsbank Reportedly Seeking Sale Through an Insolvency Process
Railsbank Technology is reportedly close to being sold through an insolvency process. Directors are close to selling the United Kingdom-based FinTech company through a form of bankruptcy called a “pre-pack...
March 03, 2023
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an alternative to the traditional cash...
March 01, 2023
U.S. Bancorp Backs Tokenized Assets Network Firm Ownera
Digital assets software company Ownera has added U.S. Bancorp to its investor list. The company announced Wednesday (Mar. 1) that the banking giant had joined its Series A investment round as it works to “digitize paper-heavy...
February 28, 2023
Goldman’s Detour From Main Street Consumers Shows Challenges of Digital...
For Goldman Sachs, the journey down Main Street now seems like an ill-advised detour. As reported here, the white-shoe investment bank is mulling what’s next for its consumer business — and the...