Page 30 - Fintech News Today

New research from Cornerstone Advisors and BaaS provider Synctera helps points to banks’ growing interest in BaaS and the path forward for banks and fintechs.

ALLBANK (A Thrift Bank) Inc. officially announces the groundbreaking of its partnership with SouthBank Inc., a rural bank, based in Mindanao. This partnership intends to transform the financial services in rural areas, aiming to provide accessible and convenient financial transactions to customers.

Commonwealth Bank of Australia (CBA) today announced it is deepening its existing partnership with Microsoft after signing a new ‘letter of intent’ to work together on a range of initiatives to deliver more for customers.

Following Equifax partnership, anti-money laundering platform targets major FIs.

African headlines often praise fintech as solving the continent's economic problems, but some political economists and social theorists challenge this narrative

Mastercard today announced Jon Huntsman will join as Vice Chairman and President, Strategic Growth, effective April 15. The former U.S. Ambassador and Governor will lead efforts focused on expanding commercial partnerships with governments and public sector institutions along with driving the company’s inclusive growth, philanthropy and sustainability agenda.

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.

Banking news

Most fintech players believe that crackdown on Paytm Payments Bank is a setback, albeit temporary, and does not encapsulate the state of affairs of the industry. They also assert that the UPI’s success story is yet not ripe, and has several more milestones to achieve

Bison Bank, the European private and investment bank based in Lisbon dedicated to providing a range of wealth management services, today announced the launch of a debit card in partnership with Visa, a global leader in digital payments, developed in collaboration with Spain´s fintech Pecunpay, a company that offers several payment methods solutions.