Industry news
Global Payments Inc. has announced the successful completion of its acquisition of Worldpay from FIS and GTCR, and the divestiture of its Issuer Solutions business to FIS.
MoneyHash has partnered with Spare to launch Pay By Bank solutions in the UAE, enabling faster settlements, lower costs, and a smoother payment experience for merchants and customers.
More than 16.5 million user connections are live across the UK, supported by an ecosystem of 145 authorised third-party providers, according to OBL.
Obol, an AI-driven cash flow management platform for modern businesses, announced its official launch in Australia through a strategic collaboration with Mastercard Open Finance.
UK Finance, which was supported by Deloitte, said that ‘Wave 2’ cVRP use cases “could generate a significant volume of payments”.
RentSpree has launched a dedicated banking experience for small landlords, marking its first move into embedded financial services and expanding beyond screening and payments into full financial operations.
Modulr has launched in the US through a strategic partnership with FIS, expanding its real-time, API-driven payments capability beyond the UK and Europe.
Fintechs and financial institutions were invited to apply under several themes, including Open Banking.
Fonto will leverage Mastercard’s global scale and cybersecurity infrastructure, while improving the quality and breadth of consumer insights.
Commercial Bank of Dubai has become the first bank in the UAE to fully activate Open Finance in live operational use under the Central Bank of the UAE’s AlTareq initiative.
