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TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, announces the launch of TBC Business, the first fully digital banking service for small and medium-sized enterprises (SMEs) and individual entrepreneurs in Central Asia’s most populous nation. In line with its successful track record as Uzbekistan’s largest fully digital retail bank, TBC is expanding its…
As digital banking becomes the norm, over a third (34%) of Brits are worried about the potential of IT failures at their banks, and 25% now keep cash on hand as a precaution against outages. This trend reflects the growing uncertainty consumers feel about the reliability of digital financial services, as the availability of in-person banking continues to decline. This data…
Hailed by toy experts as a Top 12 presents to get this Christmas, Nestlums is the pocket money pet that parents with kids 4-8 years old are rushing to John Lewis to snap up in time for putting under the Christmas tree. The days of emptying a piggy bank and feeling the joy of physically counting their money…
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced its customer Slope, powering the Slope Card and enabling low interest Buy Now, Pay Later (BNPL) loan options for its commercial customers. The Slope Card enables businesses to pay in-store or online with 30 or 60 day loan…
The Payments Association, the most influential community in payments, has released a report examining how a standardised approach to measuring carbon emissions in the digital payments processing value chain is needed across the payments industry. The aim is to develop a framework that allows payments firms to meaningfully measure carbon emissions in the digital payments…
A recent survey conducted by Chargebacks911, the global chargeback technology leader, revealed that on average, 45% of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants. However, even with…
Kuady, a leading payments service processor, has announced significant strides in its Latin American expansion, with the introduction of its digital wallet services in Ecuador and the launch of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering innovative payment solutions across the region. The launch in…
GoCardless has partnered with Endava, a leading provider of next-generation technology services, to help enterprise merchants more quickly access the benefits of bank payments. The collaboration will see Endava offer and manage the integration of GoCardless payment solutions within their enterprise clients as part of large-scale digital transformation projects. This will accelerate delivery, helping organisations realise the…
TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces the launch of Osmon Card, its first credit card product. Osmon Card is set to elevate the credit card experience for consumers in Uzbekistan, offering an unparalleled range of benefits, including rapid approval process, free issue and delivery, a 55-day interest-free period, as well…
Lunar, the Nordic challenger bank, has announced the transition of its Banking Services division into a standalone entity named Moonrise. This strategic move aims to revolutionize enterprise payments across Denmark, Norway, and Sweden, while scaling Lunar’s Banking-as-a-Service (BaaS) operations in the growing European market, projected to reach €100 billion by 2030. Building on Lunar’s robust infrastructure,…
eToro, the global trading and investing platform, has partnered with the Abu Dhabi Securities Exchange (ADX) to expand investment opportunities for its users. The agreement allows eToro users to invest in ADX-listed companies across key sectors such as energy, real estate, technology, and healthcare. This partnership coincides with eToro’s first anniversary as a licensed broker…
Computop, a leading German payment service provider renowned for facilitating international payment methods for major retailers, is entering a new business segment: payment processing for acquirers. This strategic move supports the launch of the European Wero Wallet, developed by the European Payment Initiative (EPI). Supporting Wero Payments EPI’s Wero Wallet relies on acquiring banks to…
