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WorldFirst Partners With Walmart for Secure Online Fund Collection

WorldFirst, a one-stop digital payment and financial services platform for global businesses, particularly SMEs in international trade, has worked with Walmart to enable China-based e-commerce sellers to securely collect funds from Walmart Marketplace, accelerating global growth opportunities.

Wednesday, August 7, 2024 - 13:10
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Financial IT
Mox Breaks New Ground as First Virtual Bank in Hong Kong to Open Crypto Investing for Customers

Mox Bank Limited today is making it easier for Mox Invest customers to expand their portfolios with exchange-traded cryptocurrency funds directly on Mox Invest. The service offers a convenient way to gain exposure to the crypto market through a regulated and familiar investment platform without the complexities of managing a personal crypto wallet, making Mox the first virtual bank in Hong Kong to offer crypto-related investment products.

Wednesday, August 7, 2024 - 12:47
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Financial IT
Visa Data Shows Spending at the 2024 Olympic Games is Boosting the French Economy

The biggest share of overseas spend comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil.

SAN FRANCISCO Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, today shared new data revealing initial consumer spending patterns during the kickoff of the 2024 Paris Games.

Paris 2024 Spend by the Numbers

Wednesday, August 7, 2024 - 12:32
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Financial IT
Orenda Partners with Tribe for Issuer Processing

Tribe Payments, the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has been selected by embedded financial services platform, 

Wednesday, August 7, 2024 - 11:43
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Financial IT
dLocal and iTransfer Team Up to Advance Cross-Border Money Transfers in Key Emerging Markets
dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer, a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC. 
 
Wednesday, August 7, 2024 - 11:07
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Financial IT
Flexys Partners with Moneyhub to Bring Open Banking Benefits to the Collections Industry

Flexys, a leading UK-based supplier of collections management technology, has announced a strategic partnership with Moneyhub, a data and payments fintech specialising in Open Banking, Open Finance, and Open Data solutions. This collaboration aims to revolutionise the collections industry by integrating Open Banking capabilities into Flexys's cloud-based software.

Wednesday, August 7, 2024 - 10:58
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Financial IT
Responsible Lender Creditspring Provided 82% Increase in Financial Support to Borrowers During H1 2024 as Household Finances Continue to Suffer

Responsible lender, Creditspring, provided borrowers with over £95 million in affordable credit during the first six months of 2024, up 82% from £52.4 million in H1 2023.

Despite inflation easing, demand for affordable, short-term credit options remains high. During H1 2024, Creditspring received over seven million applications from borrowers who are locked out of mainstream credit options. 

Wednesday, August 7, 2024 - 10:51
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Financial IT
Almost Half (46%) of UK Business Leaders Trust Digital-Only Banks as Much as Traditional Banks
Online-only or ‘faceless’ banks are becoming a more familiar part of the UK banking landscape, with increasing numbers of businesses managing their finances through digital-only providers like Starling or Monzo.
 
Wednesday, August 7, 2024 - 10:43
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Financial IT
Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.

Wednesday, August 7, 2024 - 10:34
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Financial IT
Mondu Secures EMI License for Further Expansion Across Europe
Mondu BV, the fast-growing B2B Fintech, has secured an Electronic Money Institution (EMI) License from De Nederlandsche Bank (DNB) in the Netherlands. The license will accelerate Mondu’s expansion across Europe while enabling the company to evolve even faster, support more customers, and launch complementary payment services like eWallets and Credit Cards.  
 
Wednesday, August 7, 2024 - 10:20
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Financial IT

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