Visa described the move as an “important milestone”. Credit: Tada Images / Shutterstock.com. Visa has secured regulatory approval to start preparations to establish a domestic bankcard clearing ...

The regulator stated that the bank paid insufficient attention to risks linked to its credit and charge card products. Credit: Sadi Hockmuller / Shutterstock.com. American Express was fined $350m by ...

Mynt has set the final offer price for its initial public offering (IPO) at 6.60 pesos ($0.11) per share. Credit: ANDRANIK HAKOBYAN/ Shutterstock.com. Mynt, the parent company of Philippine mobile ...

The settlement volume was booked through Lloyds’ Corporate Markets branch in Jersey and transferred to Visa in the US. Credit: William Barton / Shutterstock.com. Lloyds Banking Group and Visa have ...

Bitget claimed that customer funds remain unaffected. Credit: Mehaniq / Shutterstock.com. Crypto exchange Bitget will begin restoring withdrawal services today (28 September) following a security ...

SoFiUSD is redeemable 1:1 for US dollars. Credit: Panchenko Vladimir/Shutterstock.com. SoFi Technologies and Mastercard have launched stablecoin settlement across SoFi Bank’s debit and credit card ...

The initial rollout is expected to centre on Upfront’s SME customers in the UAE. Credit: Emagnetic/Shutterstock.com. Upfront, a financial operations platform serving SMEs across MENA, has partnered ...

Ryft said the funding will be used to support its expansion into Europe and the US. Credit: Stock-Asso/ Shutterstock.com. Ryft, a UK-based payment services provider (PSP), has raised £20m ($26.74m) in ...

UPI processed 24 billion transactions worth $311bn in August. Credit: Poetra.RH / Shutterstock.com. The National Payments Corporation of India (NPCI) will introduce a 0.4% merchant discount rate (MDR) ...

The round was led by venture firm Expa. Credit: Sumandaq/ Shutterstock.com. Financial infrastructure provider Fin.com has “emerged from stealth” with $20m in seed funding. In a statement, the New York ...

In Saudi Arabia, the company has received consumer and SME finance licences. Credit: Offthecouchexperience / Shutterstock.com. Saudi Arabian fintech Tabby has raised $233m in an equity financing round ...