NatWest Bankline Direct Digital solution enhances UK and European payment scheme connectivity and compliance for large Corporates and Financial Institutions

NatWest has partnered with Capco, the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

A new nationwide survey conducted by research firm Insight Intelligence in partnership with Trustly, Adyen, Swedbank, and PostNord Strålfors, reveals significant changes in the payment habits of Swedes over the past decade. 

BCA Syariah, a subsidiary of Bank Central Asia (BCA) that provides Islamic banking services, has adopted Thought Machine’s cloud-native core banking platform, Vault Core. This collaboration aims to redefine Islamic banking in Indonesia with innovative digital Sharia-compliant products and services.

Sunbit, the company building financial technology for real life, announced today that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management.

Mintos, a leading multi-asset platform offering a unique mix of alternative and traditional investment options, is to offer retail investors access to a BlackRock money market fund with the launch of Mintos Smart Cash in Latvia. This money market fund offering is a great addition to the loans, bonds, ETFs, and real estate already available on Mintos. 

Chargebacks911, the global chargeback technology leader, has found that 72% of merchants have experienced an increase in chargebacks over the past three years, with many businesses raising prices to offset the growing costs. These recently released findings come as the payments industry grapples with the fact that illegitimate disputes by cardholders through card-not-present (CNP) transactions are outpacing the growth of eCommerce sales.  

Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital assets transactions to settle with fiat payment systems across more than 11,500 financial institutions, across over 200 countries and territories.

Bitget, the leading cryptocurrency exchange, and Web3 company, has launched “Pitch n Slay,” a special initiative under its Blockchain4Her program organized to provide exposure for female entrepreneurs in the blockchain space. Building on Bitget’s larger $10 million Blockchain4Her project, the program extends targeted support to promising women-led startups by offering them a chance to secure up to $100,000 in funding by Foresight Ventures.