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TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, announces the launch of a new lending product for small and medium sized enterprises (SMEs) and individual entrepreneurs. The new product will be incorporated into TBC Business, launched in December 2024 to offer a fully-digital banking service for SMEs driving growth in Central Asia’s most…
Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has announced the opening of a new office in Singapore. This marks a significant milestone in the company’s international expansion, reflecting its commitment to a growing customer base in Asia Pacific countries. Backed by top-tier investors such as SoftBank, Accel, and VEF, Juspay…
Nearly three-quarters (72.5%) of UK businesses have seen an increase in online fraud over the past 12 months, according to a new survey commissioned by Veriff. The global identity verification firm’s UK Fraud Industry Pulse Survey, which polled 200 fraud professionals across financial services, technology, and retail sectors, reveals a rapidly evolving threat landscape with significant financial…
As part of an ambitious programme to move its lending infrastructure to the cloud, Lloyds Banking Group (LBG) has transformed its operations with FICO® Platform, enabling over £7 billion in annual loans. By leveraging real-time data ingestion and advanced analytics, the platform has helped to drive a 2.5% credit card approval uplift, double new-to-bank consumer loan customers, and resolve over…
GB Bank, one of the UK’s fastest-growing challenger banks, today announced that its balance sheet surpassed £2 billion. The news comes after it received its most recent tranche of £90 million in growth capital since May last year before hitting profitability just a few months later in October. The figures demonstrate the bank’s continued success as…
Affirm Holdings, Inc., the payment network that empowers consumers and helps merchants drive growth, is expanding the credit reporting of its pay-over-time products to TransUnion (NYSE: TRU), the companies jointly announced today. All Affirm pay-over-time loans issued from May 1, 2025 onward, including Pay in 4 and longer-term monthly installments, will be reported to TransUnion. …
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with PingPong, a world-leading provider of cross-border embedded payment solutions. PingPong selected Trulioo Business Verification and Watchlist Screening to minimize manual onboarding and deliver rapid, compliant payment experiences worldwide. PingPong, which has surpassed $250 billion in cumulative transaction volume and has 32 offices worldwide, is…
haboo money, the fintech re-inventing the loan repayment experience has partnered with Griffin, the UK’s leading bank for fintechs and platforms. With this partnership, haboo is going to offer a save-as-you-repay wallet that helps borrowers pay off their debt in a more flexible way. haboo tackles key challenges for both sides of lending: For borrowers, haboo offers…
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting…
Moniepoint Inc. (“Moniepoint” or “the Company”), one of Nigeria’s leading business payments and banking services platforms, announces the launch of MonieWorld; a new remittance and digital financial services solution – specifically to meet the fragmented, underserved needs of the UK’s African diaspora. The MonieWorld application, available via the App Store and Google Play, allows UK…
eBay, a global commerce leader that connects millions of buyers and sellers around the world, today announced its strategic partnership with Checkout.com, a leading global digital payments platform. Through this partnership, eBay expands its global payment platform to deliver seamless commerce experiences for its customers. With more than 2.3 billion live listings, eBay is one of…
Stitch has announced a $55 million Series B funding round led by QED Investors, enabling to deepen and expand their in-person payments offering, move into the acquiring space and further bolster their online payments suite, to better serve enterprise merchants across all payments needs. This round brings Stitch’s total funding to $107 million in four years….
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