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Kamel Pay secures in-principle approval from UAE Central Bank

Kamel Pay, a UAE-based fintech, announced that it has received In-Principle Approval, from the Central Bank of the UAE, for the country’s highest- Stored Value Facilities (SVF) and Retail Payment Services (RPS) licences enabling full payroll and business payment services.

/payments

Mukuru and MoneyGram team on fintech-powered cross-border payments across Africa

Mukuru, one of Africa’s largest fintech platforms, today announced a strategic partnership with MoneyGram, a leading global payments network for consumers, businesses, and communities.

/payments

Paymentology partners with Enjaz to boost digital payments in Saudi Arabia

Paymentology, the leading global issuer-processor, has signed a Memorandum of Understanding (MOU) with Enjaz, one of Saudi Arabia’s most trusted providers of remittance and digital payment solutions.

/payments

Extend secures $20 million in fresh capital

Extend, a leading spend and expense management platform, today announced it has secured $20 million in additional capital, including new venture debt and an equity investment led by B Capital, with participation from March Capital, Point72 Ventures, FinTech Collective, and new investor, Commerce Ventures.

/payments

Vista Equity Partners invests in Akuvo

AKUVO, a leading technology organization specializing in collections and credit risk management, today announced a strategic investment from Vista Equity Partners (“Vista”), a global technology investor that specializes in enterprise software.

/payments

Spreedly acquires Dodgeball

Spreedly, a leading open payments platform, today announced its acquisition of Dodgeball, a modern fraud orchestration company.

/payments

Kamel Pay winsIn-Principal approval from UAE Central Bank

Kamel Pay, a UAE-based fintech, announced that it has received In-Principle Approval, from the Central Bank of the UAE, for the country’s highest- Stored Value Facilities (SVF) and Retail Payment Services (RPS) licences enabling full payroll and business payment services.

/payments

FCA cuts the ribbon on the UK's 121st shared banking hub

The ribbon was cut on a new banking hub in Monmouth, Wales, marking the first anniversary of the FCA’s access to cash rules.

/payments

Asic brings relief for intermediaries dabbling in stablecoins

ASIC has today announced an important step in facilitating growth and innovation in the digital assets and payments sectors.

/payments

IPiD strikes payee verification deals with Lean and Barq

Lean Technologies, the leading financial infrastructure provider in MENA, has partners with iPiD, the global leader in Know Your Payee (KYP) solutions.

/payments

Bivial debuts real-time 24/7 CHF payments through the SIC Instant Payments

Swiss Financial Institution, Bivial AG, is pleased to announce the launch of instant 24/7 CHF payments through the SIC Instant Payments (SIC IP) clearing system.

/payments

MoneyGram launches stablecoin-based app

MoneyGram, a leading global payments network for consumers, businesses and communities, today announced its next-generation mobile app, introducing a digital, USD-backed stored value account designed to work seamlessly with both traditional fiat currencies and stablecoins.

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