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BDO Unibank has moved high-value and mass-payment processing onto Finastra's Global PAYplus platform as the Philippine lender seeks to handle rising transaction volumes while reducing complexity across domestic and cross-border payments. The bank is using Global PAYplus for Swift transactions...
#BDO Unibank#cash management#Finastra
Afreximbank and the East African Business Council have signed an agency agreement designed to connect companies across East Africa to…
#AfCFTA#Afreximbank#Africa Trade Gateway
YouLend and payments provider Dojo have passed £2bn of cumulative funding to UK small and medium-sized businesses, doubling the volume…
#Dojo#embedded finance#Merchant finance
Payments infrastructure company Natural has secured a credit facility of up to US$100m from Upper90 Capital Management, adding institutional debt…
#AI agents#credit facility#embedded finance
The United Arab Emirates has suspended all trade, commercial exchanges and financial transactions with Iran until further notice, cutting one…
#counterparty risk#financial transactions#Iran
Fiserv has cut its full-year revenue and earnings guidance after second-quarter sales declined and its financial-solutions division recorded an 8%…
#banking technology#digital banking#financial solutions
Checkout.com has received in-principle approval for a Stored Value Facilities licence from the Central Bank of the UAE, moving the…
#card issuing#Central Bank of the UAE#Checkout.com
YouLend has partnered with German payments provider REA Card to offer revenue-based working capital directly to merchants using its point-of-sale…
#embedded finance#payments#REA Card
Buy now, pay later providers have come under Financial Conduct Authority supervision as new affordability, disclosure and consumer-support rules take…
#buy now pay later#consumer credit#FCA
Standard Chartered has launched an institutional capability giving eligible clients access to USDC minting and redemption through a single bank-led…
#Circle#payments#stablecoins
Maldives Premier Bank has selected Finastra’s Financial Messaging API to support a digital-first approach to international banking and strengthen its…
#API banking#banking technology#cross-border payments
Monevium Ltd has entered special administration, adding to regulatory scrutiny of UK payment institutions and the safeguarding arrangements used to…
#FCA#financial crime#fintech regulation
Pollen Street Capital has agreed to acquire Universal Banking, Finastra’s global core banking software business, in a deal that will…
#banking software#core banking#Finastra