Both sending and receiving banks running transactions over the UK's Faster Payments scheme will be expected to split the cost of reimbursements in the case of authorised push payment fraud, under new rules devised by the Payment Systems Regulator.
Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Global fintech company Unlimit (previously known as Unlimint ) has expanded its services into the Kenyan market, after receiving a Central Bank of Kenya licence
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses.