EBANX, fintech company specialized in payment solutions for Latin America, announced the Push LatAm, an initiative that comprises expansion of its operations to new markets in Central and South Americas; the offering of hybrid services within Latin American countries; and the launch of EBANX GO, a prepaid card that offers a digital payments account in a partnership with Visa, to other markets in the region besides Brazil; all within the next 12 months.

Save and 

The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world.

An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors by leading open banking provider Yolt Technology Services has revealed that over a third (35%) of Personal Finance Management (PFM) platforms aren’t using open banking technology. These businesses will face an urgent transition when screen scraping is phased out in Europe at the end of 2020 if they are to avoid major service disruptions.

Tide, the UK’s leading business banking platform [1] has today announced a partnership with GoCardless, a global leader in recurring payments, to launch a service that will allow Tide members to collect invoice payments by Direct Debit.

Substantive Research, the research discovery and research spend analytics provider for the buy-side, has appointed Jonathan Furse as Chief Technology Officer.

Colt Technology Services has today announced that Mitsubishi Research Institute DCS Co. Ltd (MRI DCS) is using its Dedicated Cloud Access (DCA) and Ethernet solutions for their new service “Dibertas”.

Virgin Money has launched a free, full money management package to support small business customers with their day-to-day financial operations and ensure they have a complete view of their past, current and future financial position.

In partnership with market-leading fintech company, Strands, Virgin Money will be the first UK bank and Mastercard issuer to offer Money Management, aimed at empowering small business owners with under £1m annual turnover to take control of their finances in the most efficient way possible.

Ohpen, the first fintech platform to bring a bank to the cloud, today announces the appointment of Douwe-Klaas Bijl as its new CFO. Joining the Executive Board, Douwe will be responsible for Ohpen’s continued expansion from a financial, risk, legal and compliance perspective.