Mastercard buys Arcus to bring Bill Pay to Latin America
Mastercard has expanded its support of Latin American real-time payments through the acquisition of Mexico-based Arcus FI. Financial terms were not disclosed.
Source: finextra.com
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CBA to absorb correspondent banking fees on customer FX transfers
Commonwealth Bank has announced it will absorb correspondent bank fees on all offered currencies for foreign exchange (FX) transfers in a move that is set to save customers millions of dollars every year.
Papua New Guinea New Zealand Solomon Islands Papua New Guinean International Money Transfers Imts Commonwealth Bank
Source: finextra.com
Worldline to provide core components for Austrian digital ID
Worldline (Euronext: WLN) is supporting PSA Payment Services Austria GmbH on its journey towards becoming a smart transaction provider well beyond payments.
Michael Steinbach David Ostah Financial Services At Worldline Wl Id Center Managing Director Managing Director Financial Services
Source: finextra.com
Canstar appoints chief product and technology officer
Canstar, Australia’s biggest financial comparison site*, comparing more brands than any other, announces the appointment of Angelo Demasi as Chief Product and Technology Officer.
Source: finextra.com
Finastra upgrades Fusion Libor Transition Calculator
Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator.
Patricia Hines Simon Thorogood Finastra Fusionfabric Risk Free Rates Senior Principal Product Manager Syndicated Lending
Source: finextra.com
Cloud-based lending platform provider Näktergal secures €1M
The Swedish fintech company Näktergal, supporting financial institutions with cloud-based platform solutions for digitised lending, has raised EUR 1M led by Katalysen & Partners.
Jon Wimmercranz Erik Bennerhult Stefan Backlund Peter Almberg Marketing Communications At Trustly Vice President Marketing
Source: finextra.com
Cornerstone Bank turns to Credova for BNPL
Credova, a buy now, pay later (BNPL) solution emerging in the increasingly popular outdoor recreation, farm, home and ranch markets, announced today an exclusive agreement with Cornerstone Bank.
Source: finextra.com
Shaping your treasury operations for the digital era
Corporate treasurers are constantly being faced with a multitude of challenges in the increasingly f...
European Association Of Corporate Treasures European Association Corporate Treasures Citi Treasury Diagnostics Treasury Management System
Source: finextra.com
VentureSouq launches $50m Mena fintech fund
Venture capital firm VentureSouq has launched a $50 million fund focused on fintech across the Middle East and North Africa (Mena) region and Pakistan.
Saudi Arabia Suneel Gokhale Saudi Venture Capital Company Bahrain Al Waha Fund Of Funds Jada Fund Of Funds Mubadala Investment Company
Source: finextra.com
Klarna: One in two Brits to ditch credit cards for Christmas
One in every two UK consumers is planning to ditch their credit card entirely for Christmas shopping this year, with two-thirds of credit card owners wanting to avoid paying credit card interest.
Source: finextra.com