Banque Populaire de Mauritanie (BPM), one of the leading banks in Mauritania has launched a state-of-the-art mobile banking service called Bankily earlier this year. The service has received a positive response from consumers. With banking penetration around 30%, Bankily is helping to modernize banking and payments in Mauritania and encouraging financial inclusion in the country.

daVinci Payments announced the launch of 

A raft of obstacles face financial institutions, all with the potential to slow the growth of their business and block them from adopting digital solutions to produce efficiency gains. Siloed data, poor cybersecurity processes, the need to achieve and maintain recognised security certifications, growing costs, inflexible systems and ever-shifting regulatory compliance mandates all add unwanted pressure to the company’s systems.

Empowering Startups to accept payments on their own website, Razorpay, the leading full-stack financial services company, today launched Payment Buttons. Payment button enables businesses and freelancers to add a single line of code on their website or blog and go live with an integrated payment gateway, in less than 5 minutes.

In the wake of an expected wave of defaults by U.S business borrowers, the nation’s lenders are best advised to apply risk management practices to set the stage for long-term growth when issuing new loans and participating in federal lending programs.

As the migration away from traditional payment methods in the UK accelerates, younger generations are leading the adoption of alternative payment methods (APMs) such as bank transfers and e-wallets, reveals a new study from PPRO. According to the findings, 42% of Millennials (born between 1980-1993) and 35% of Generation Z (born between 1994-2001) feel confident using, or have used, these methods of payment before.

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is announcing the completion of a route between Sao Paulo, Brazil, and New York, USA. The route offers the new, fastest speed for the transmission of market data and trade execution between North American and Latin American major financial markets. 

Sokin, the new generation fintech payment firm, has announced it will be integrating Currencycloud’s local payment rails as part of it’s easy to use, low cost subscription-based money transfers service in over 150 countries, with 35 different currency options.

Sokin has developed a market leading proprietary global payments network for B2B customers which offers a simple app, or online-based platform which allows multiple transfers with no hidden costs, all for a fixed monthly fee.

FintechOS, a global provider of technology for the digital transformation of banks, insurance companies and other financial services organisations, welcomes Remco Jorna in the role of CTO starting this August.

Salt Edge, a leader in developing open banking solutions, becomes a member of the SME Finance Forum. It was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 and unites financial institutions, banks, and fintechs from across the globe encouraging SMEs through knowledge exchange, policy change, and impactful partnerships.