Paymob, MENA’s market-leading digital payments provider, announces its formal market entry, and start of operations, in Pakistan.

Paymob’s exciting expansion into Pakistan follows its rapid growth in its home market of Egypt, plus Jordan and Kenya, where - combined - it services tens of thousands of merchants. Paymob serves merchants such as LG, Samsonite, Talabat, Uber and Virgin Records, plus SMEs.

North American chemical distributor and manufacturer chooses Infor CloudSuite Chemicals to help manage critical business processes and complicated pricing methods

Open banking platform welcomes Charles Damen as Chief Product Officer and Artashes Torosyan as Chief Technology Officer

Carbon tracking experts Cogo are collaborating with ING’s innovation accelerator, ING Labs Brussels, as one of the 2022 cohort of start-ups. ING will work with Cogo to validate its unique capability to integrate their carbon tracking technology into digital banking propositions.

Launching in July 2022, the new partnership will see SOFORT’s bank transfer product complemented by Brite Payments’ instant payout solution. Following the launch, merchants using the SOFORT platform will be able to opt for the service and activate Brite Payments’ innovative instant payout solution without additional technical effort, allowing them to disburse funds to consumers within seconds.

New report explores the implications of the BNPL market for banks and retailers

Managing identity is one of the key challenges for the modern world; despite living and working in a digital society for decades, we are still seeing major data breaches caused by weak passwords and poor security practices. Meanwhile, around 99% of organisations believe that their identity-related breaches were preventable. 

• Businesses can accept account-to-account payments, send instant withdrawals and refunds in any app or website, delivering the most comprehensive European payments experience.

• Payments with TrueLayer are lower cost and lower fraud than traditional payment options including cards, manual bank transfer and digital wallets.

Small and medium enterprises will be able to access vital funding options faster, from within Microsoft Dynamics 365

Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. SMEs using Microsoft Dynamics 365 will be able to access and unlock vital financing offers without leaving their business management platform.  

Account-to-Account (A2A) payments enable the direct transfer of monies between accounts without relying on third-party intermediaries or payment cards. A2A payments have existed for some time but were formerly classified as bank account-specific payments, similar to bill payments via bank transfer or direct debit. However, A2A payments can be used in conjunction with the bank and digital wallet transactions.