CHK partners with Nordigen to deliver account reconciliation
Free open banking platform Nordigen has entered into a partnership with CH Konsultatsioonid on their accounting solution Trigon to deliver financial data directly into the application and simplify the reconciliation process. Source: Fintech News
Tanzanian instant payment system to be launched in February 2022
The Bank of Tanzania (BoT) is now expecting to launch its new payments system, the Tanzania Instant Payment System (TIPS) in February, the Citizen reports. The system was initially intended to roll out in December 2021 but was delayed as upgrades were made. Source: Fintech News
SIX and BearingPoint partner for Request-To-Pay service
The partners are jointly pursuing the goal to establish a fully digitalized solution to be used by major banks and invoice issuers in selected European markets for invoice issuing and payments processing. Source: Fintech News
Starling to offer SaaS and expand lending tools in 2022
In her annual letter, Starling founder and CEO Anne Boden has announced that the bank will launch a Software as a Service (SaaS) proposition during 2022. Source: Fintech News
Embedded finance company Rupifi raises $25m Series A
Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) and SME focused Commercial Card products, has raised a $25M Series-A round led by Bessemer Venture Partners and Tiger Global. Existing Investors Quona Capital and Ankur Capital also participated in this round, along with […]
Bahrain central bank trials JPM Coin
The Central Bank of Bahrain has teamed up with JP Morgan’s blockchain and crypto unit Onyx to test the Wall Street giant’s JPM Coin digital currency. Source: Fintech News
ABA backs Fed's plan for single-day Fedwire ISO 20022 migration in 2023
The American Bankers Association is supporting the Federal Reserve’s plan to migrate the Fedwire Funds Services to the ISO 20022 message standard in a single day – but says it has “serious concerns” about a lack of detail on testing strategy and requirements for the move. Source: Fintech News
MoneyGram buys stake in cryptocurrency cash exchange Coinme
MoneyGram has acquired a four per cent stake in Coinme, a US outfit that facilitates the cash purchase and sale of bitcoin at physical locations. Financial terms were not disclosed. Source: Fintech News