Tag Archives: Bank

06Oct/22

Banking in 2035: Trust, climate risks and geopolitical rivalry shape a purpose-driven industry, forecasts study

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As disruptive forces roil today’s financial sector, banking execs are scrutinizing the evolving role of banks in the most competitive market they’ve ever faced. What does the future hold? And how can they meet the challenges ahead to forge a brighter future – both for the industry and the greater world? Such is the focus of a new future of banking study, Banking in 2035: three possible futures, by Economist Impact and sponsored by AI and analytics leader SAS. Continue reading

02Sep/22

Flutterwave Secures Switching and Processing License, Nigeria’s Highest Payments Processing License

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Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. Continue reading

01Jul/22

GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise

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GoCardless, the global leader in direct bank payments, has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world’s bank payment network. GoCardless will incorporate Nordigen’s next-generation open banking connectivity — offering the widest coverage in Europe, connecting to more than 2,300 banks in 31 countries — into its account-to-account network. Continue reading