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United Payment, the leading fintech company in the region acting with the intention of paving the way for other Turkish companies in the international arena, became the first and only Turkish company to receive the e-money license from the Central Bank of Azerbaijan, the most comprehensive license accoding to banking regulations.

Understanding your credit score is crucial for your financial health, and it's a topic that deserves your attention. Did you know that credit cards were the most used payment method in 2022? This statistic makes it even more important to understand how credit activities affect your score. 

According to a new report from digital trust technology provider Memcyco, most companies have little, if any, visibility into brand impersonation attacks. Because they lack the ability to detect these kinds of attacks, most companies only learn about them through the social media posts of customers who have been scammed, or through customer reports.

Orion Innovation  ("Orion"),  a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.

HSBC today announced the inauguration of its new U.S. headquarters at The Spiral, a renowned office building in New York City’s Hudson Yards neighborhood, marking its largest U.S. relocation to date. This headquarter move, combined with investments in other offices across the country, reinforces HSBC’s position as a leading international bank with a commitment to New York City and its U.S. operations.

Bluefin, the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, today announced the completion of Elavon certification for SUNMI Payment Terminal. Bluefin customers using the company’s TECS Platform and processing through Elavon can order the devices right away.

United Nations Development Programme (UNDP) and Mastercard have signed a Memorandum of Understanding to collaborate towards deepening the understanding of development impact of digital scams, and ways to detect and address them.

Last month, the European Union (EU) adopted a new regulation that requires all banks and payment service providers to offer customers the ability to send and receive instant payments at any time of the day.

This is great news for businesses and consumers, who will benefit from near real time settlement of transferred funds. However, for financial institutions pressure is now on to comply with the rules inside a nine-month window that opened on April 8, 2024.