The payment service providers which are part of 

In an era where ethical and sustainable finance is gaining prominence on the global stage, the Islamic banking and finance industry has emerged as an icon of responsible financial practices. It has emerged as an effective tool for financing development worldwide, including in non-Muslim countries. Major financial markets are increasingly recognizing the potential of Islamic finance to help address the challenges of ending extreme poverty and boosting shared prosperity.

Smartcash Payment Service Bank Limited (Smartcash PSB) has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets.

Smartcash PSB becomes one of the first financial services providers to offer naira payouts to wallets, since the Central Bank of Nigeria approved this payout method in June 2023.

Revolut, the financial global super app, which has just surpassed 35 million customers globally, has launched Revolut 10, its biggest update yet, with a significant overhaul of the design and layout of the app.

Revolut’s new design is built to make everyday money management as easy as possible, with special focus for those who increasingly use Revolut as their primary account.

Protecht, a leader in risk and resilience software, today announced the appointment of Gary Lynam as its new EMEA Managing Director. 

Quintet Private Bank, the Luxembourg-headquartered parent of UK-based Brown Shipley, and Berlin-headquartered Moonfare announced today the signing of a partnership agreement that will enhance the ability of the Quintet Group, including Brown Shipley, to extend private-market investment opportunities to appropriate clients and, simultaneously, broaden Moonfare’s growing global distribution network.

Today, Nuapay, EML Payments’ Open Banking and account-to-account (A2A) payments business, announces the results of research into PSPs and ISVs views on Open Banking adoption and potential barriers. 

Rauva, the award-winning fintech provider of one of Europe’s newest business super-apps for entrepreneurs, announces today that it has completed its leadership team with the appointment of a new Chief Risk Officer (CRO).  

PayPoint today announces the significant expansion of its Love2shop gift card offering in partnership with 21 of the UK’s leading multiple retailer groups, including One Stop, MFG, Henderson’s Retail, CJ Lang, Scotmid Co-op, Sewell’s and Greens Retail. The move will see Love2shop launched in more than 2,600 new stores from 9 October 2023.

This is an historic moment for Love2shop gift cards, giving customers the opportunity to purchase physical gift cards in stores for the first time.