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/startups

Philippines-based payments and core banking startup Higala raises $4 million seed round

Higala, the secure and inclusive banking infrastructure company, is poised to lead the next phase of the Philippines’ payments revolution after completing its US$ 4mn seed funding round and establishing partnerships with some of the country’s largest banks.

/cloud

Fico adds new credit tools to AWS Marketplace

AI isn’t the only analytics tool being used to radically reshape performance.

/retail

NatWest to bring accelerator programme to four universities

NatWest has announced partnerships with four leading UK universities to strengthen the UK’s innovation and startup ecosystem, driving growth, business productivity and creating high-value jobs across all regions of the country.

/regulation

Ripple stablecoin approved for use in UAE

Ripple, a financial technology company that offers crypto solutions for businesses, today announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s Financial Services Regulatory Authority (FSRA), enabling use within the ADGM, the international financial centre of Abu Dhabi, the Capital of the United Arab Emirates (UAE).

/retail

Credolab introduces income prediction model

Credolab, a global leader in behavioral and device metadata analytics, today announced the launch of its Income Prediction Model, a new machine-learning solution that enables lenders to estimate applicants’ income levels using privacy-consented smartphone metadata.

/payments

Clip rolls out fixed terminal POS platform

Clip, Mexico’s leading digital commerce platform, announced the launch of Clip Pin Pad, a new fixed terminal designed for counter sales for medium and large companies that already have their own point-of-sale (POS) system.

/payments

Open banking in Australia hits new milestone as adoption builds

Australia’s Open Banking regime has passed a significant adoption milestone, surpassing more than 5 billion API calls, with over 250 million added in the past few weeks.

/retail

LHV introduces easy access saver account

LHV Bank has today launched its new Easy Access savings account paying a highly competitive 4.17% Gross/4.25% AER on balances up to £100,000.

/payments

Juspay and Sabre integrate to transform travel payments

Juspay, a global payments technology company serving enterprises & banks, and a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, today announced a strategic global agreement to transform payments for travel businesses and their customers.

/wholesale

Finom opens credit lines in Germany

Finom, the European financial services platform for entrepreneurs, announced expansion of their credit offering to Germany after a successful pilot in the Netherlands started earlier this year.

/crypto

Ari10 establishes holding company Morphic Financial in London

The owners of Ari10, one of Central Europe’s fastest-growing digital asset infrastructure providers, today announced that it has become the first operational business of Morphic Financial Group (“Morphic”), a newly established holding company created to acquire high-growth firms operating across fiat and digital finance.

/payments

PPRO adds Blik Pay Later for BNPL in Poland

PPRO, the leading local payments platform, has announced that BLIK Pay Later is now available on its platform to merchants and PSPs around the world.