Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card...
Italy-based open finance company Fabrick has launched a collaboration with money movement firm TerraPay. Initially focused on Fabrick’s home country, the partnership gives businesses access to a platform...
The European Investment Bank (EIB) said Monday (Oct. 7) that European Union (EU) finance ministers have welcomed its Action Plan to deepen the region’s capital markets...
TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently...
HSBC has launched an embedded finance venture aimed at its business clients. SemFi is a joint venture between HSBC and B2B global trade network Tradeshift, designed to...
Embedded lending options are proving to be critical lifelines for individuals and the smallest businesses — particularly in an uncertain macro environment marked by relatively...
Starling Bank has been fined 29 million pounds ($38 million) for failing to implement proper financial crime controls. The U.K. Financial Conduct Authority (FCA) announced the penalty against...
Bank of America’s virtual card offering in Europe, the Middle East and Africa (EMEA) is expanding. The banking giant launched Virtual Payables Direct, a B2B...