Leading Saudi fintech company, Geidea launches BETA testing for its new and innovative range of SME products that will be available in September of this year.

With nearly 70% market share, Geidea is the number one payment provider to banks in Saudi Arabia, and is now targeting the SME market.

With these new products and its existing expertise, Geidea will deliver to any business type end-to-end payment solutions and store management technology previously only available to  large chains or global merchants.

As part of a large-scale strategic project that will substantially increase its offering and expand its business, one of the largest banks in Azerbaijan, Unibank, has successfully connected its in-house processing directly to Mastercard. The integration marks the completion of the second phase of a major project to migrate the bank’s payment infrastructure to the open development payments platform, TranzAxis, from Compass Plus.

Wolters Kluwer Compliance Solutions is set to help local lenders and their small business client recipients of Paycheck Protection Program (PPP) funding facilitate online loan forgiveness applications through its TSoftPlus™ PPP Forgiveness Module.

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has today announced that its premium Curve Metal card and exceptional benefits are

Salt Edge, a leader in developing open banking solutions, helps banks and eWallets become PSD2 compliant in no time and get exempted by the national regulator from providing a fallback channel.

 Xero, the global small business platform, today announced availability of improved financial reporting tools for small businesses and their advisors to help them manage revenue, profit and cash flow. 

With the COVID-19 pandemic impacting small businesses around the world, Xero has accelerated the rollout of the expanded reporting pilots and introduced new features so businesses and their advisors can quickly see crucial financial metrics and manage business continuity.

Global transaction platform Ebury has launched its new feature, ‘Ebury Instant’, which allows clients to make and receive payments immediately, regardless of currency and the cut-off time that usually applies.

Where both parties are Ebury clients, payments will arrive in the recipient's account immediately, in the currency in which the funds were sent.

Chargebacks911, a dispute management specialist, announced dates for the first set of Chargeback University seminars, a series of webinars that educate online merchants about managing risk, payment disputes and internal processes, helping minimize losses and maximize revenue recovery related to chargebacks.

 Finland’s biggest fintech start-up Enfuce provides full PSD2 compliance as a service to Finland’s largest financial services group, OP Financial Group, in the Baltic states. As a recognition of the high level of compliance and security of the service, OP Financial Group was granted an exemption from setting up fallback mechanism by the Finnish Financial Supervisory Authority (FIN-FSA).

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Wundr, a retail payments platform that fuses B2C digital payments and B2B business banking, will power its payments with ACI’s UP eCommerce Payments solution.