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Leading fintech BPC  today announced the launch of a new report that focuses on the regional market environment of Sub-Saharan Africa and relevant implications for key digital banking players.

Strong Customer Authentication (SCA) has created the biggest shift in retail payments since contactless technology, having finally been enacted in full across Europe as of March 14. 

Introduced as part of the Second Payment Services Directive (PSD2), SCA is a staple requirement for all retailers and payment service providers, requiring stronger identification from customers at the point of payment– both online and in person. The goal is to improve payment security and reduce card fraud across Europe.

 Bybit, the fastest growing cryptocurrency exchange, is now a member of VerifyVASP Alliance. With this integration, Bybit streamlines compliance with the Travel Rule requirements as the exchange brings cryptocurrency transactions on its platform to comply with the Financial Action Task Force (FATF)'s guidance.

VerifyVASP has proven to be the go-to Travel Rule compliance solution among leading virtual asset service providers (VASPs), enabling them to keep up with Travel Rule requirements in a manner that also complies with personal data protection requirements.

Ecospend has today announced its partnership with Anglian Water where it will begin processing customer payments using open banking technology.

Ecospend’s pay-by-bank technology will enable Anglian Water to receive instant account to account payments, which will reduce the utility provider’s processing costs. The partnership will also enable a range of new payment functionalities for Anglian Water customers, including:

Company grows workforce in Europe and localises the nCino Bank Operating System® for EMEA market with expanded product capabilities

 Caxton, the leading UK fintech payments provider, today announced a major partnership with Banking-as-a-Service provider OpenPayd to offer customers a simplified payments experience. To meet the demands of rapid growth, the collaboration will upgrade and automate Caxton’s payments infrastructure, to drive faster processing of payments in and out and deliver a better customer experience.

A fully compliant, low-code payment solution built for platform businesses to quickly integrate, accept and scale their online payments

Enterprise technology and services firm R3 has established an official presence in Hong Kong, opening its “Innovation Lab” at Cyberport.

 The international Forex broker OctaFX has recently added 25 new cryptocurrencies paired with the U.S. dollar, ready to be traded on its services from 14 March 2022.
A brief market recap