In the rapidly developing modern environment, the credit card processing business is a niche that is only gaining momentum. It is confirmed by the numbers. According to the 2022 McKinsey Global Payments report, debit and credit card transactions continued to grow at 20 per cent and 18 per cent, respectively, between 2020 and 2021. 

MultiBank Group, the largest and most regulated financial derivatives broker, is attending iFX EXPO Dubai 2023 on 17-18 January as Regional Sponsor. The 2-day expo is the largest financial B2B exhibition, bringing together professionals in online trading and fintech across Europe, Asia and the Middle East. The exhibition will be held at Za’abeel Hall 6, Dubai World Trade Centre.

Alipay+, a provider of global cross-border digital payment and marketing solutions, is striving to provide cash-free and mobile-friendly travel experiences for Asian tourists in the Chinese mainland, as it seeks to partner with more merchants and enable greater QR code connectivity.

Mastercard extended its growing music footprint with the launch of the Web3-based Mastercard Artist Accelerator program. Web3’s capabilities have the potential to open a new dimension for music content creation, collaboration and ownership; however, this nascent space has yet to fully deliver—particularly for emerging artists.

Leading fintech firm Twenty7tec has today announced that it has acquired the remaining shares of digital & AI innovators Meet Parker for an undisclosed sum.

Mirato, provider of a revolutionary third-party risk management (TPRM) intelligence platform, today announced the launch of a new product, the Mirato Questionnaire Killer© (MQK). Specifically designed for the financial services industry, the Questionnaire Killer pre-answers up to 93% of TPRM questionnaires using advanced artificial intelligence and natural language processing.

iFX EXPO Dubai 2023 is rapidly approaching, and it is expected to be the largest iFX EXPO ever held in the Middle East and North Africa (MENA) region. Between January 16-18, the event will bring together top professionals in the financial and fintech sectors under the roof of the Dubai World Trade Centre for two days of business collaboration and networking. This year, the event will feature 40% more exhibitors and around 3,500 attendees worldwide.

TSB is warning that around a quarter (25%) of fraud victims could be denied reimbursement under the Payment Systems Regulator’s proposed refund mechanism, due to be introduced next year.

In recent years, fintech has been on the rise, and with the growing need for digital solutions to handle financial services, this trend is projected to continue through 2023. The increase in demand for digital solutions to manage financial services As a consequence of this, it is anticipated that the entire size of the worldwide fintech market would reach a total of $305 billion by the year 2023.

Australia-based Grapple, which offers working capital loans to SMEs, has reportedly collected $35m in a warehouse debt facility from Sydney-based financier Global Credit Investments (GCI).