The Reserve Bank of India (RBI) granted Mswipe Technologies, India's top point of sales (PoS) solutions provider and an end-to-end digital payment enabler for MSMEs, has received an in-principal Payment Aggregator (PA) License. As opposed to previously outsourcing their transaction settlement to partner companies, Mswipe will now be able to develop an in-house online payment gateway.

Some companies, especially those in the financial services sector, will put a lot of stock into real-time reporting and data analysis. A lot of it might look like what we’ve seen in movies - Bloomberg Terminals with real-time alerts, displaying stock price fluctuations on a momentary basis.

iDenfy, the global remote identity verification, and fraud prevention company, joined forces with Peccala, the cryptocurrency investment platform that provides tokenized crypto Robo-investor services. From now on, Peccala’s customers will be securely onboarded through iDenfy’s full-stack 4-step ID verification procedure. 

OIX is delighted to announce that the European technology leader in consulting, digital services and software development, Sopra Steria, and a world leader in digital payments, Visa will be Gold Sponsors of the Identity Trust Conference 2022.

The largest fintech conference in the world – Global Fintech Fest (GFF) – is back with its third edition. Organized by the Department of Economic Affairs, Government of India, Fintech Convergence Council (FCC), the Payments Council of India (PCI) and the National Payments Corporation of India (NPCI), GFF 2022 will be held September 20 – 22, 2022 at the Jio World Convention Centre in Mumbai. Pre-event festivities will begin virtually on September 19, 2022.

Digital provider Atom bank has become the latest financial services firm to commit to the Standards of Lending Practice for business customers, which drive fair outcomes for business banking customers, as part of efforts to bring its regulatory protection for SMEs in line with that offered to retail customers.

Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million.

Serrala, a global financial automation and B2B payments software company, has appointed senior industry leader Hartmut Wagner as its new CEO. His appointment formally takes effect from August 15, 2022. The transition comes as part of the company’s mission to continue accelerating its ongoing global growth and innovation program, which has seen Serrala transform from a regional to a global player with over 100M USD ARR under current CEO Sven Lindemann’s leadership.

Alain Finance, a private joint stock company that specializes in designing and offering alternative financing solutions to small and medium enterprises (SMEs) across the UAE, has announced the launch of its credit card offerings in the UAE and in collaboration with Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region.

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022.