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Travelex Launches FX Partnership with Bank of New Zealand (BNZ)

Travelex, the market-leading foreign exchange brand in New Zealand, has launched an FX affiliate referral programme with long-term bank partner BNZ, enabling BNZ’s 1.2m customers to access discounted travel money.

The partnership enables BNZ customers to access discounted travel money on the Travelex website or in one of Travelex’s New Zealand stores, simply by presenting a valid BNZ bank card or bank statement.

Tuesday, June 20, 2023 - 11:33
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Financial IT
Billions Lost in Hidden Exchange Rate Markups — how Do We Bring Down the Cost of Remittances?

To mark the International Day of Family Remittances today, Wise has published its Annual Remittances Report, to show how G20 countries, including the UK, can reduce the cost of remittances. 

Tuesday, June 20, 2023 - 11:30
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Financial IT
iDenfy Strengthens Security for Fincity with Full-stack Identity Verification

A Lithuania-based compliance, fraud prevention, and identity verification platform, iDenfy, announced partnering with Fincity, a Slovakia-based digital transformation consultancy platform with a focus on core banking and crypto-friendly solutions. iDenfy’s full-stack ID verification with built-in AML checks will ensure a quick and seamless KYC workflow for Fincity. 

Tuesday, June 20, 2023 - 11:04
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Financial IT
Moneybase Becomes the First Fintech in Malta to Launch In-app Google Pay with the Support of Compass Plus Technologies

Moneybase, the fastest-growing digital payments and card issuing platform in Malta, has announced that its cardholders can now make payments using Google Pay and add cards to their Google Wallet directly from the Moneybase app.

Tuesday, June 20, 2023 - 10:57
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Financial IT
Indonesian Fintech Amartha secures $100M in Debt Financing Round

The Indonesian FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.

Tuesday, June 20, 2023 - 10:26
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Financial IT
Middle East Payment Services (MEPS) Announces the Launch of Next-generation Biometric Cards from Zwipe in Partnership with Mastercard

Middle East Payment Services (MEPS) announces the commercial launch of biometric payment cards based on the Zwipe Pay solution, using Mastercard’s Biometric Card technology.

MEPS is a leading regional player in card issuance, payment processing and merchant acquiring services in the Middle East and North Africa (MENA) and a principal member of major international issuing and acquiring schemes.

Tuesday, June 20, 2023 - 10:14
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Financial IT
Daily Fintech Week London Roundup Monday 19 June 2023

Session Highlights

For the third year in a row, some of the most influential players from across the fintech, financial services and tech sectors have gathered for a day of high-level networking and discussions at Fintech Week London.

Tuesday, June 20, 2023 - 10:09
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Financial IT
Token.io’s Launch of Virtual Accounts Unlocks Full Potential of Pay By Bank for E-commerce

Leading account-to-account (A2A) payment infrastructure provider, 

Tuesday, June 20, 2023 - 10:04
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Financial IT
Banking as a Service: Taking Digitalisation to the Next Level

Like many other services in the technology sector, Banking as a Service (BaaS) was heavily influenced by the effects of the pandemic. During and after various lockdowns and other stages of the global health alert, it became clear that consumers want to be able to access products faster, more reliably and using more modern technologies.

Tuesday, June 20, 2023 - 09:53
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Financial IT
Green RWA and Finastra Unveil a New Platform for Climate Risk Management

Finastra, a global provider of financial software applications and marketplaces, and Green RWA, a pioneering association in climate transition, today announced the launch of the Climate-Extended Risk Model (CERM) Sandbox. The new platform offers an interactive and immersive experience for banks to understand and manage climate risks in a simple and accessible manner.

Tuesday, June 20, 2023 - 09:48
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Financial IT

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