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BoG grants Global Accelerex enhanced PSP licence
The Bank of Ghana has granted Global Accelerex Ghana Limited, a payment service provider and platform operator an enhanced Payment Service Provider (PSP) ...
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HSBC challenges fintechs with launch of SME banking app Kinetic
HSBC has officially launched its business banking app Kinetic, designed to offer small and medium-sized enterprises (SMEs) a comparative service to new fintech ...
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EU countries support cross-border instant payments plan
The EU Commission has announced that the EU Council has endorsed the fully integrated retail payment system strategy that was presented in September ...
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Encompass Secures New Funding from Beacon
London-based Know Your Customer (KYC) automation software provider Encompass Corp. has secured new investment from Beacon Equity Partners, a Boston-based private equity firm ...
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Mexican neobank albo selects Acuant for KYC processes
Albo, Mexico-based neobank, has selected Acuant, a provider of identity verification solutions, to assist the bank with KYC processes. The bank integrated Acuant’s ...
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Santander accelerates the rollout of eco-friendly cards in Europe
Banco Santander has announced accelerating the rollout of eco-friendly cards in the Europe region, supporting its green transition. By 2025, all debit, credit ...
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Hong Kong now exploring retail CBDC in upcoming Project Aurum
Hong Kong is exploring a general-purpose central bank digital currency (CBDC) to be distributed through commercial banks and payment service providers, said Howard ...
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Canada and African Development Bank sign CAD 133 million gender lens Climate Fund for Africa
The Government of Canada and the African Development Bank have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative ...
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Pacaso raises $75M, goes from launch to unicorn in 5 months
Pacaso, a less-than-one-year-old startup that is out to give more people a chance at second home ownership, announced Wednesday that it has received ...
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French VC firm Breega raises $130 million fund
Breega, a VC firm based in Paris, has announced the final closing of its third fund. The firm has managed to raise $130 ...