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The latest FinTech reporting, interviews and analysis from INSIGHTEX.
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OptAxe, a fully centralised trading venue for liquidity discovery, dissemination and execution, today announced it has received FCA authorisation to operate a multilateral trading facility (MTF) for axe-driven FX options trading. OptAxe was launched to address fundamental shortcomings in FX options trading. OTC FX markets today lack pricing transparency and bilateral, manual processes often lead to missed…
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces its long-term strategic partnership with Visa, set to broaden and expand its global payments and money transfers infrastructure. TBC UZ is part of TBC Uzbekistan, a leading digital banking ecosystem in Central Asia serving 16 million unique registered users. This collaboration with Visa lays…
MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio, a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain. The partnership enables Toqio to expand its tokenisation services and integrate push provisioning technology into its…
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today introduced two new products – UX Toolkit and Portfolio Migrations – to its card program management tools. Marqeta’s program management capabilities combine the power of its technology with its breadth of expertise around card implementation, helping to…
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with USI Money, a prominent foreign exchange provider and money transfer operator. The Financial Stability Board highlights that high costs, slow speeds, and limited access are significant challenges in cross-border payments, particularly in emerging markets. Notably, over 40% of transactions take more than…
Chargebacks911—the world’s leading chargeback technology platform—is building on the strong momentum for diversity and inclusion in FinTech in 2024, as it seeks to recruit new female mentors and mentees for its sister brand Fi911’s LIFT: Empowering Women in Fintech micro-mentorship programme aimed at helping women break into and excel in the finance, technology, and payments sectors. While…
Stripe, the global FinTech leader, is reportedly in discussions to acquire the crypto startup Bridge for $1 billion, marking its largest acquisition to date. Sources familiar with the talks indicate that the deal is still under negotiation, pending regulatory approval and employee compensation considerations. Stripe, recently valued at $70 billion, would make a significant leap…
Fingular, a Singapore-based global neobank, is set to launch a digital lending business in Bangladesh through a partnership with a local licensed Non-Banking Financial Institution. This move aims to boost financial inclusion in one of the world’s most underserved countries. Fingular will leverage its global fintech expertise while the local partner handles lending. The new…
BPC, a global leader in payment solutions, has released a comprehensive report in collaboration with Arkwright Consulting, detailing the evolution of the card processing market, the ecosystem involved in facilitating and managing card-based transactions, such as credit, debit, and prepaid card payments “Next-Generation Card Processing” highlights the trends reshaping the card processing industry and the rapid rise of challenger…
Yuno, the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific. SheueChee has over two decades of payments experience and a proven track record working within Asia’s tech and financial…
Backbase, the global leader in Engagement Banking, has announced a strategic partnership with CIH BANK, one of Morocco’s top financial institutions, to revolutionize digital banking for millions of customers. The collaboration marks a significant milestone in CIH BANK’s commitment to customer-centric innovation, offering enhanced digital experiences to Moroccan clients both domestically and abroad. This partnership…
A global study released today by Checkout.com, a leading global digital payments company, highlights the consumer buying behaviour which is powering today’s digital economy. The research, conducted across the UK, US, UAE and China, reveals a number of trends, including the growing spending power of Generation Alpha. Children aged 8-15 years old (Generation Alpha) are…
