Leading fintech Pine Labs and Visa, the global leader in global payments have come together to scale digital payments acceptance and further India’s vision of a digital economy by unveiling Pine Labs Mini, a soundbox-enabled device for QR, Near Field Communication (NFC) and card payments.

The latest Lloyds Bank Business Barometer showed that business confidence remained at 50% in August. Although there was no increase to the overall confidence figure, the result highlighted the continued positivity amongst businesses, with confidence still at the highest level reported since November 2015. 

 Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes:

The application process for the Mastercard Lighthouse Türkiye, an innovative start-up acceleration program that aims to bring fintech startups to international standards, has started. The program enables start-ups to connect with business partners and investors through the Mastercard global network, while accelerating their scaling process through an intensive training program with Mastercard and industry experts.

Global fintech SumUp has reinforced its European operations with a series of strategic executive appointments based at its Dublin office. Niall Mac an tSionnaigh is now CEO of SumUp Limited, SumUp’s Irish operating company, and Alastair Nolan, who joined as SumUp Group’s CFO Europe, will serve as SumUp Limited’s Head of Finance. 

Leeds Credit Union (LCU), in a groundbreaking partnership with software companies LendingMetrics and Singlify, is set to transform the credit union sector with the introduction of a new loan decisioning platform.

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard).

A new report from global information and insights company, TransUnion, shows that consumers are more optimistic about the likely state of their finances over the next 12 months than at any point over the past two and a half years. 

Today the World Federation of Exchanges (WFE), the global industry association for exchanges and central clearing counterparties, has published recommendations that establish good practice for crypto-asset custody providers, drawing lessons from traditional financial markets to guide the emerging digital asset space.