Worldline India, a global leader in payment services has partnered with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India’s largest and highly diversified NBFC company, to develop point-of-sales (POS) payments acquiring solutions for its merchant network. 

The apex bank of India today announced a blueprint for the regulation of payment systems under Vision 2025. Earlier, vision 2021 had envisaged a new era of digital transactions, to provide Indians with e-payments options that were fast, secure, efficient, and affordable. While the pandemic raged across the country, India was on a path to realising this vision, and digital payments grew phenomenally in volume and popularity, with a constant thrust from the government, and the rise of rural fintechs.

Traditional ways of facilitating and monitoring company spend can place a lot of demand on staff and members of the finance team, both in terms of time and resources.

Through automation, the process can be cleanly managed end to end. Freed up from cash, company cards and reimbursement, finance teams can be spared the work of piecing together the picture after the fact and focus on more strategic aims.

Automated spend systems capture:

Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners

Partnerships 

Global Fintech Ascenda Announces Partnership with Banque Saudi Fransi to power JANA Rewards Program in the Middle East

Temenos (SIX: TEMN) today announced that TS Banking Group, an Iowa-based banking institution, has selected Temenos Banking Services delivered on the Temenos Banking Cloud for a complete front-to-back digital transformation.

TS Banking Group will migrate the entirety of its banking operations to Temenos’ leading open platform for composable banking.

Modern money movement leader Payveris, a division of Paymentus, today launched Loan Payments®, a cutting-edge loan and debt repayment service with the widest array of real-time payment methods and channels available on the market.

Loan Payments® is designed to help financial institutions meet rising consumer demand for payment methods and channels that are speedy, convenient and secure — all while reducing operational overhead, fostering better customer engagement and loyalty.

Source: Bug

It’s great to be able to say that following a rigorous selection process, we’ve been chosen by Aviva to provide the tech behind their new Open Banking dashboard.

Atlantic Money, the fintech that helps people send money globally, quickly and cost-effectively, is rolling out its product for the first time to early sign-ups in the UK.

The firm expects to save its average customer around 75% annually when compared to Wise. This saving increases substantially when compared to other market players such as leading banks.