Fintech Finance

FEBRUARY 5, 2025

Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025.

Regulations

The Fintech Times

MARCH 18, 2025

Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs. In 2025, PagBrasil received authorisation from the Central Bank of Brazil to operate as a payment institution (PI) in the electronic money issuer category.

Online and Mobile Banking

The Fintech Times

FEBRUARY 5, 2025

The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors. Pix, managed by the Central Bank of Brazil , has had a huge impact on digital transactions across the country, with over 170 million users and 90 per cent of Brazils adult population relying on the system.

Compliance

The Fintech Times

JANUARY 17, 2025

Image Source: The Fintech Times Timeline of Key fintech milestones 2006 – Bank cards and credit card law by Banking Regulation and Supervision Agency (BRSA) 2013 – Payment and Securities Settlement Systems, Payment Service and Electronic Money Institutions Law No 6493 went into effect by both BRSA and Central Bank of Republic of Turkiye (..)

Digital Payments

The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

Regulations

Finovate

JANUARY 17, 2025

Airwallex Acquires MexPago as Part of Latin American Expansion Speaking of acquisitions in Mexican fintech and financial services, global financial platform Airwallex has finalized its acquisition of Mexico-based payment service provider MexPago, a licensed Institution of Electronic Payment Funds (IFPE).

Cross-Border Payments

Finovate

JANUARY 10, 2025

“We’re building Dataships to be the essential growth platform for modern e-commerce brands,” the company’s Matt Gottron noted in a blog post. Latin American cross-border payments platform dLocal secured an authorized payment institution license from the U.K.’s ’s FCA.

Innovation

The Fintech Times

APRIL 15, 2025

Alex Vollbrechthausen, investor and chairman of the board at FitBank FitBank, a conglomerate with technology and regulated entities in Brazil, Mexico and Central America, was founded in 2015 with a vision to transform the digital payments space, recognising the growing demand for efficiency through cutting-edge technology.

Embedded Finance

Finovate

AUGUST 1, 2025

The launch of the new solution, which also went live in Singapore recently , makes Airwallex the first global payments institution to secure a Securities and Future Commission (SFC) license for asset management services in Hong Kong. PitchBook looked at seven fintech startups driving digital banking in Mexico.

Stablecoins

The Fintech Times

FEBRUARY 20, 2025

TrueLayer , a UK Pay by Bank network, appoints Basil Bailey as the CEO of TrueLayer Ireland and General Manager of TrueLayers European business.In his dual role, Bailey will oversee the commercial and regulatory functions of TrueLayer Ireland, which holds a European Payments Institution licence and is regulated by the Central Bank of Ireland.

FinTech

Finovate

JULY 18, 2025

“But as long as central bank rates are above zero, sitting on idle cash means European businesses are missing out on returns that US competitors routinely receive. trillion in European bank deposits that are “missing out” on higher yields. ” Spiko’s business is based on what the company says is €21.5

Cash Management

Fintech Finance

JULY 31, 2025

Boku Brazil Payment License has been granted by the Central Bank of Brazil, allowing the company to operate as a Payment Initiator and E-money Issuer. This supports Brazil’s push toward digital-first payments and greater financial inclusion.

Digital Payments

Fintech Finance

AUGUST 5, 2024

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.

Payments Institute

Fintech Finance

JUNE 25, 2024

Expanding our global licenses portfolio has been a key focus in this regard, and we can now offer the full power of our payment platform to support the growth aspirations of businesses operating in the UAE.” The post Nuvei Secures Retail Services Category II License From the Central Bank of the UAE appeared first on Fintech Finance.

Central Bank

Fintech Finance

FEBRUARY 2, 2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.

Central Bank

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. The company said that it is focused on building financial connections between Asia and global markets.

Cross-Border Payments

Fintech News

MAY 12, 2024

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Cross-Border

Fintech News

JUNE 11, 2024

money transmitter licenses, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland. Ripple now has nearly 40 U.S.

Stablecoins

Fintech News

AUGUST 12, 2024

Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system.

Cross-Border

Fintech Finance

AUGUST 12, 2024

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. In 2020, the Central Bank of Brazil launched Pix, a real-time payment system that has rapidly become a key model in the region.

Real Time Payments

Fintech Finance

FEBRUARY 18, 2025

TrueLayer, the UKs largest Pay by Bank network, has announced the appointment of Basil Bailey as the CEO of TrueLayer Ireland and General Manager of TrueLayers European business. With more and more major merchants starting to offer TrueLayers Pay by Bank option to their customers, TrueLayer is truly changing how the world pays.

Acquirers

The Fintech Times

AUGUST 5, 2024

Pay2All), a licensed payment institution authorised by the Central Bank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence. Further strategic expansion in LATAM is scheduled to follow.

Payments Institute

Fintech Finance

MAY 23, 2024

PayRetailers , one of the leading fintechs in payments in Latin America, announces the acquisition of Transfeera , a regulated payment institution in Brazil. The post PayRetailers Acquires Payment Company Transfeera in a Strategic Move to Expand Its Business in Brazil appeared first on Fintech Finance.

Acquirers

The Fintech Times

JANUARY 29, 2024

has secured an Electronic Money Institution licence (EMI licence) from the Central Bank of Cyprus (CBC), which is passported throughout the European Economic Area (EEA). explained that the EMI licence should enable it to significantly broaden and enhance its existing and new payment services across Europe.

Security

Fintech Finance

JANUARY 26, 2024

one of Europe’s leading PayTechs, today announced that it was granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will be passported throughout the EEA. The post payabl. This underlines payabl.’s This underlines payabl.’s It also marks a crucial step in payabl.’s

Central Bank

Fintech Finance

JANUARY 26, 2024

one of Europe’s leading PayTechs, today announced that it was granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will be passported throughout the EEA. The post payabl. This underlines payabl.’s This underlines payabl.’s It also marks a crucial step in payabl.’s

Central Bank

The Fintech Times

MARCH 13, 2025

The post DFSA Grants Ripple Approval to Provide Crypto Services to UAE Businesses appeared first on The Fintech Times.

Cross-Border

The Fintech Times

AUGUST 13, 2024

Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.

Cross-Border Payments

Neopay

NOVEMBER 27, 2023

The European Council and European Parliament have struck a provisional agreement on the mandatory provision of instant credit transfers in euros and access to central bank payment rails by non-bank e-money institutions and stablecoin issuers.

Instant Payments

The Fintech Times

NOVEMBER 5, 2024

Wise , the fintech focused on money transfer, has been granted direct access to the Philippines’ real-time payment system, InstaPay, enabling it to enhance the cross-border payment experience for around 13 million of its customers.

Real Time Payments

Finovate

AUGUST 9, 2024

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, will lift its moratorium on the granting of new digital banking licenses starting on the first of January 2025. The move will allow as many as ten digital banks to operate in the Philippines.

Electronic Funds Transfer (EFT)

Fintech News

JULY 3, 2024

A snapshot of Singapore’s crypto landscape According to the latest report by Triple-A, a licensed cryptocurrency payment institution, Singapore boasts one of the highest cryptocurrency ownership rates globally. In addition, the city-state is exploring the potential of Central Bank Digital Currencies (CBDCs).

Financial Literacy

Fintech Finance

MAY 30, 2024

Zimpler initiates A2A payments using Open Banking APIs, which removes intermediaries and results in faster and more cost-effective transactions for merchants. It utilises Open Banking APIs to transfer funds from one bank account to another instantly, and processes €2.6bn for its partners each year. The post payabl.

Instant Payments

Segpay

SEPTEMBER 5, 2024

Could you share some of your European success stories and the challenges you overcame as an American PSP entering the European payment market? Thank you so much, Cathy, and congratulations on your American Banker Nomination as one of this year’s Most Influential Women in Payments!

Verification

The Fintech Times

APRIL 5, 2024

The company and its subsidiaries collectively hold a New York BitLicense , nearly 40 money transmitter licenses across the US, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland.

Stablecoins

Finovate

FEBRUARY 14, 2024

money transmitter licenses, a Major Payment Institution License from the Monetary Authority of Singapore, and a Virtual Asset Service Provider registration with the Central Bank of Ireland. Additionally, Ripple has recently partnered with HSBC, BBVA, and Zodia Custody, and launched its payments offering in Africa.

Acquirers

Neopay

APRIL 25, 2024

The Parliament’s position on PSD3 and PSR – what you need to know a) Licensing requirements and authorisation PSD3 covers authorisation and supervision of payment institutions.

Fraud Prevention