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MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

Milan , Lombardia , Italy , Paul-pike , Van-donselaar , Carmela-mesquita , Fan-engagement-group , Paymentsgenes-consultancy , Andrew-vorster , Finextra , News , Online

JPMorgan invests in Eye Security

JPMorgan Chase's growth equity investment unit has led a €36 million Series B funding round for Dutch cybersecurity firm Eye Security.

Germany , Belgium , Netherlands , Dutch , Christopher-dawe , European-union , Eye-security , Growth-equity-partners , Finextra , News , Online , Bank

Jamie Dimon Warns US Recession 'Not Off the Table' Yet

Jamie Dimon said he wouldn’t take the prospect of a recession in the US “off the table,” but that the Federal Reserve should wait before it cuts interest rates.

Jpm-us , Alltop , Business , Coronavir , Cos , Ecotop , Exe , Fin , Gen , Globalmacr , Gov

Philippines' Metrobank aelects Temenos for wealth management ops

Temenos (SIX: TEMN) today announced that Metropolitan Bank & Trust Co. (Metrobank), one of the Philippines’ largest banks, has partnered with Temenos and Collaboration Betters the World (CBTW) to implement Temenos Wealth, strengthening the bank’s dominant position in the highly competitive wealth management industry.

Manila , Philippines , Asia-pacific , Ramki-ramakrishnan , Pieter-van-diermen , Fernand-antonio-tansingco , Bank-trust-co , Domestic-private-bank , A-bank , Metropolitan-bank , Collaboration-betters , Temenos-wealth

Banco do Brasil selects G+D to test offline payments for CBDC

Banco do Brasil is to work with German firm Giesecke+Devrient (G+D) to test offline payments as part of pilot trials of its central banking digital currency, Drex.

Hong-kong , France , Brazil , Brazilians , Brazilian , French , Marisa-reghini , Banco-do-brasil , Central-bank , Finextra , News , Online

Digipost implements Neonomics open banking checkout

Digipost, Norway’s official digital mailbox, has recently launched Neonomics open banking powered Checkout as the sole payment method for its 3 million end users, enabling people across Norway to pay their invoices directly within their Digipost app in a faster and more convenient manner.

Norway , Norwegian , Thomas-mathisen , Christoffer-andvig , Welfare-administration , Neonomics-checkout , Norwegian-labour , Finextra , News , Online , Bank , Banking

TerraPay and Alfardan Exchange join forces

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a strategic partnership with Alfardan Exchange.

Qatar , Sudhesh-giriyan , Alfardan-exchange , Border-payments , General-manager , Finextra , News , Online , Bank , Banking , Technology , Finance

Rabobank signs up for dejamobile's SoftPOS

Rabobank, one of the largest banks in the Netherlands and a full-range financial services provider has partnered with dejamobile to offer its customers the ability to accept contactless payments on compatible Android devices and iPhones.

Netherlands , Rabo-smartpin , Houssem-assadi , Christa-braker , Rabobank-rabo-smartpin , Nico-strauss , Rabobank , B-services , Rabo-smartpin-android , Manager-christa-braker , Finextra , News

CBA and Microsoft deepen Gen AI partnership

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.

New-zealand , Australia , Australians , Gavin-munroe , Steven-worrall , Microsoft , Commonwealth-bank , Commbank-copilot , Group-chief-information-officer , Managing-director , Microsoft-australia , Github-copilot

South Africa's Sava and Mastercard partner to support small, medium, and micro enterprises

Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure.

Nigeria , Johannesburg , Gauteng , South-africa , Olajide , Nigeria-general- , Kenya , Egypt , South-african , Dimitrios-dosis , Access-bank , African-reserve-bank