FOMO Pay, the leading major payment institution headquartered in Singapore, announces its official membership in the Singapore Clearing House Association (SCHA), a prestigious organization comprising the Monetary Authority of Singapore (MAS) and elected financial institutions.

The National Information Technology Development Agency (NITDA) will be highlighting key standards, guidelines and frameworks for the development, standardization, and regulation of information technology practices in the face of the global digital revolution at the 2023 RegTech Africa Conference.

Member Access Processing (MAP) announced today that Founder and CEO Cyndie Martini will be stepping down as CEO on August 31, 2023. She will work with the Board to identify her replacement and ensure a smooth transition.  

Papaya Global, the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the 

Kount, an Equifax® company, announced the launch of Kount 360, a new identity and payments solution powered by the Equifax Cloud™.

Starling Bank has chosen Barings’ Landmark in Manchester to house its new office in the North. The digital bank intends to create up to 1,000 new jobs for the region to fulfil roles across the company, including in operations, engineering, data science and cybersecurity. 

SmartSave Bank, a disruptive savings platform created by UK bank Chetwood Financial, has now received more than £1 billion in deposits.

SmartSave offers fixed-term, fixed-rate savings accounts, all of which are FSCS protected. Customers can deposit between £10,000 and £85,000, and they start earning interest as soon as they transfer money into their savings account.

Mastercard, a leading technology company in the global payments industry, has collaborated with Google to launch Google Pay in Kuwait, strengthening digital payment capabilities in the country.

Cardholders can tap to pay with their Android phones or supported Wear OS devices in stores where contactless is in operation. They can also use Google Pay to make payments online and through apps.

NEAR announced today that it is becoming the Blockchain Operating System (BOS). The Blockchain Operating System introduces an industry-first category: a common layer for browsing and discovering open web experiences, compatible with all blockchains – making NEAR the entry point to the open web for users and developers alike. 

2023 has already seen the FinTech sector leading the charge in the adoption of the latest technologies, making waves in banking, lending, and payments. Throughout the year, we can expect to see FinTech’s digital acceleration have a greater dependence on SMEs, with newer enterprises rapidly gaining a bigger slice of the pie compared to their mainstream counterparts. 

The growing dominance of best-in-class SMEs