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STC Pay, Moven Team Up To Launch Saudi Challenger Bank

PYMNTS

The founder of Moven, Brett King, said the new venture would be a “world-class” bank, and that it would set its sights on the Gulf Cooperation Council (GCC) region. STC Pay, which does financial technology work for both companies and individuals, works with the Saudi Arabian Monetary Agency.

Regional 222
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Mastercard, EedenBull Extend Into Asia Pacific

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Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248
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ACI Worldwide, Mastercard Join Together To Ramp Up Real-Time Payments

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This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. He added that the new partnership “will provide great benefit not only to banks and central infrastructures” but to merchants, their customers and financial technology companies (FinTechs).

Payments 248
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APIs Streamline Cross-Border SMB Payments

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Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. Comparing this industry between five years ago and now, there’s a lot of technology that makes it easier to do business,” said Wong. Wong pointed to the U.K.

Payments 232
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PayPal Deepens LATAM Reach With MercadoLibre Integration

PYMNTS

30), PayPal announced an expansion of its partnership with Argentinian eCommerce company MercadoLibre (dubbed the “eBay of Latin America”), as it positions itself to capture more of Latin America’s market share. ” The Latin America Market Opportunity. Today (Dec. ” Analysts at Stephens Inc.

America 156
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Top Corporate Treasurers Already Switching FIs To Gain FinTech Tools

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A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. Researchers announced East & Partners’ new report, “Financial Technology and the Corporate,” on Monday (Nov.

Tools 179
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Uber Creates Uber Money Team In India With FinTech Focus

PYMNTS

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber CEO Dara Khosrowshahi said in a statement , “India remains an exceptionally important market to Uber and we will continue to invest in growing our local Rides business.”. Zomato was valued at $3.55