Nubank Clears Major Hurdle in Securing Mexico Banking License

Reuters

Brazilian fintech Nubank said on Thursday that its Mexico arm received regulatory approval from the Mexican National Banking and Securities Commission to begin the process of becoming a full-service bank. In a statement, Nubank, one of the fastest-growing digital lenders in the world, said the process to secure the banking license in Mexico now requires […]

Companies

Amazon Puts Rs 350 Crore in Amazon Pay India Amid Rising Competition in Fintech

The Times of India

“Amazon has invested Rs 350 crore into Amazon Pay India to strengthen its position in the digital payments market, despite its UPI ranking slipping to eighth place. This investment follows previous capital infusions and comes as Flipkart’s Super.money explores new funding.”

Tags: Amazon

Companies

Fiserv Signs Definitive Agreement to Acquire Brazilian Fintech Money Money

Fiserv, Inc.

“Fiserv, Inc. announced it has entered into a definitive agreement to acquire Brazilian fintech Money Money Servicos Financeiros S.A. This transaction expands Fiserv’s services in Brazil, enabling small and medium-sized businesses to access capital that can be invested in the growth and maturation of their businesses.”

Tags: Fiserv

Global

Haboo Money Teams up With Griffin to Launch ‘Save-As-You-Repay’ Wallet

Open Banking Expo

“UK fintech haboo money has partnered with bank for fintechs Griffin to offer a “save-as-you-repay” wallet designed to give borrowers more control and flexibility over loan repayments, through the use of variable recurring payments (VRP) and behavioural “nudges”. The new save-as-you-pay wallet from haboo provides borrowers with flexible repayment options, by replacing direct debits with […]

Tags: UK

Companies

Mastercard: Start Path’s Emerging Fintech Program Welcomes 8 New Startups

Mastercard

“Eight startups join Start Path, Mastercard’s award-winning startup engagement program: LetMePark, UbiRider, Asistobe, it’s electric, Krowd, Bluespine, ipaymy and Dataiera.  As the newest additions to Start Path’s global portfolio — which is comprised of more than 450 startups from over 60 countries — these companies will participate in a dedicated Emerging Fintech program focused on […]

Tags: Mastercard

Companies

Adyen Bets on AI and New Pix Features To Increase Online Sales

Finsiders Brasil

“Adyen is closely monitoring the evolution of Pix. The fintech already offers the modality via Open Finance, through the Journey Without Redirection ( JSR ), which debuted at the end of February and it is ready to work with some of its clients in the Automatic Pix pilot, starting on April 28th. In the view […]

Tags: Adyen

Companies

MoneyGram and Plaid Partnership Drives Seamless Global Payments

PR Newswire

“MoneyGram announced a new partnership with Plaid, the data network powering the fintech tools millions of people rely on to lead a healthier financial life. MoneyGram customers in the United States can now use Plaid’s technology to help authenticate their bank accounts, enabling fast and secure funding for both domestic and cross-border payments.”

Tags: MoneyGram Plaid

Global

AfricaNenda Foundation and Partners Celebrate the Successful Announcement of Rwanda’s Instant Inclusive Payment System – eKash

AfricaNenda

“The AfricaNenda Foundation, in collaboration with the Rwanda Information Society Authority, RSwitch, Ministry of ICT & Innovation, National Bank of Rwanda and RSwitch, successfully launched the second use case of eKash (Rwanda National Digital Payment System RNDPS) in February 2025. The unveiling of eKash’s interoperable merchant payments was highlighted at the Inclusive Fintech Forum 2025, […]

Tags: Africa

Companies

Payments Without Borders: A New Era for Latin America

J.P. Morgan

“Latin America is undergoing a remarkable transformation in the payments industry, driven by a blend of innovation, collaboration and a shared vision for a more connected and efficient financial ecosystem. As the region embraces the future of payments, the focus is on creating seamless, real-time and cross-border payment solutions with technology, regional integration and the […]

Tags: JPMorgan Chase

Companies

Lithuania Fines Revolut 3.5 Million Euros for Money-Laundering Prevention Failures

Reuters

“Lithuania’s central bank has fined Britain’s most valuable start-up Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday. The British fintech company, which is headquartered in London, is operating in the European Union under a Lithuanian licence and is under the supervision of the European and Lithuanian central […]

Tags: Revolut

Companies

Revolut Secures RBI Approval for Payment Interfaces and Digital Wallets

India Banking News

“Revolut, a British fintech major, has received the final authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), including prepaid cards and digital wallets with Unified Payments Interface (UPI) integration. This authorization makes Revolut the first non-banking player to receive permission to issue PPIs in India.”

Tags: Revolut

Companies

ACI Worldwide and NationsBenefits Partner to Expand Health and Retail Benefits for Millions of Consumers

ACI Worldwide

“ACI Worldwide announced a partnership with NationsBenefits, the leading healthcare fintech, supplemental benefits and outcomes platform, to enhance retailer connectivity, expand payment options, and improve security and compliance for merchants accepting NationsBenefits’ Benefits Mastercard® Prepaid Flex Card.”

Tags: ACI Worldwide

Companies

Sweden’s Klarna Pauses US IPO Plans as Tariffs Roil Markets, Sources Say

Reuters

“Swedish fintech Klarna has paused its plans for a U.S. initial public offering as President Donald Trump’s sweeping tariffs rattle global markets, according to sources familiar with the situation. The decision would complicate an uneven recovery for the U.S. IPO market, as the company’s listing was seen as a potential catalyst for encouraging others to […]

Tags: Klarna

Industry

CFPB to Withdraw BNPL Interpretive Rule Amid Broader Agency Rollback

Sheppard Mullin Blog

“The CFPB has announced plans to withdraw its May 2024 interpretive rule that subjected buy-now, pay-later (BNPL) products to regulations applicable to credit cards under the Truth in Lending Act (TILA). The move was revealed in court filing in the CFPB’s ongoing litigation with a fintech-focused trade organization which challenged the rule as procedurally improper and ill-suited to short-term, […]

Banking Industry Card Issuers Data Merchants Payment Operations Payments Fraud

Episode 259 - Using Real-Time Merchant Intelligence to Enhance Transaction Visibility, with Oban MacTavish, Spade

In this episode, Oban MacTavish, CEO and Co-founder of Spade, joins Glenbrook's Drew Edmond to explore payments optimization by focusing on merchant data, and how issuers make decisions about card transactions.