Samsung chooses Curve to power its new Samsung Pay Card in UK

Samsung has chosen UK fintech Curve to power its new Samsung Pay Card in the UK. Set to launch “later this year”, the partnership sees Curve branch out from its direct-to-consumer bank card consolidation offering to a banking-as-a-service model with a heavyweight first client. In November 2019, Curve added compatibility for Samsung Pay The core … Continue reading Samsung chooses Curve to power its new Samsung Pay Card in UK Continue Reading

Commercial Bank of Dubai partners with Thunes for remittances

Commercial Bank of Dubai (CBD) has partnered with cross-border payment provider, Thunes, to provide real-time transactions outside of the UAE. $21bn in remittances was sent from the UAE in 2019 The deal will enable CBD to operate via payment corridors in India, Philippines, Pakistan and Bangladesh. The service will be launched with remittances to bank … Continue reading Commercial Bank of Dubai partners with Thunes for remittances Continue Reading

Railsbank signs on Hong Kong fintech Statrys

Open banking and regtech platform, Railsbank, has signed on Hong Kong-based fintech Statrys. Nigel Verdon, Railsbank Statrys provides online business accounts, payments, and forex solutions for small and medium-sized enterprises (SMEs) in Asia. The firm states that it wants to serve entrepreneurs, start-ups and more established SMEs which it claims are “overlooked” by the traditional … Continue reading Railsbank signs on Hong Kong fintech Statrys Continue Reading

OCBC sets new SGD 25bn sustainable finance target

OCBC Bank has set a new target of SGD 25 billion ($17.9bn) by 2025 for its sustainable finance portfolio. The Singapore-based bank surpassed its original SGD 10 billion target in the first quarter of 2020 – two years ahead of its 2022 schedule. It has seen a significant increase in the demand for sustainable financing … Continue reading OCBC sets new SGD 25bn sustainable finance target Continue Reading

WhatsApp Pay suspended by Brazilian central bank

WhatsApp Pay has been suspended by the central bank of Brazil. The regulator is calling on Visa and Mastercard to cancel all payments going through the platform. WhatsApp Pay launched in Brazil earlier this month The news arrives just over a week after the payment service launched in Brazil. The south-American nation is Facebook’s second-largest … Continue reading WhatsApp Pay suspended by Brazilian central bank Continue Reading

Memo Bank launches business offering and lands €20m

Formerly known as Margo Bank, the newly named Memo Bank, is launching its exclusive business offering, which is set to tap small and medium-sized enterprises (SMEs). Memo Bank’s CEO Guyot The French fintech has also become a credit institution, having obtained licenses from the French regulator (ACPR) and the European Central Bank (ECB). Co-founder and … Continue reading Memo Bank launches business offering and lands €20m Continue Reading

IKEA & Space 10 Launch Website to Re-Think Home Design Post Covid-19

With people spending more time at home than ever before, now is the time to act and learn more about the way we experience and engage with our homes. The web-based platform EverydayExperiments.com gathers some of the most interesting technology and design studios to showcase a series of digital experiments that explore new ways of how we … Continue reading IKEA & Space 10 Launch Website to Re-Think Home Design Post Covid-19 Continue Reading

This Office In Ecuador Features A Pine-And-Glass Wall That Pop Open

Architects Juan Alberto Andrade and María José Váscones have recently completed the interior of an office in Guayaquil, Ecuador, that features a wall of angular windows that pop open. The studio designed the structure for technology services company Mendotel to create a private area for it to host meetings and workspace within an open office. “The work … Continue reading This Office In Ecuador Features A Pine-And-Glass Wall That Pop Open Continue Reading

Patagonia Cuts Adverts On Facebook As Part Of ‘Stop Hate For Profit’ Boycott

Outdoor apparel brand Patagonia will stop advertising on Facebook as part of the #StopHateForProfit boycott backed by the National Association for the Advancement of Colored People (NAACP). The company announced that it will be adhering to the boycott by halting advertisements on Facebook, as well as Facebook-owned Instagram, as anti-racism protests are taking place across … Continue reading Patagonia Cuts Adverts On Facebook As Part Of ‘Stop Hate For Profit’ Boycott Continue Reading

Gojek Latest FinTech To Cut Jobs Amid Coronavirus Damage

Ride-hailing and digital payments firm Gojek is slashing hundreds of jobs as the coronavirus-triggered economic downturn hits home in Southeast Asia. The Indonesian-based company confirmed the cuts in a statement to Bloomberg and various news organizations, noting that it would be eliminating 430 jobs. That amounts to 9 percent of the workforce of the tech company, which is headquartered … Continue reading Gojek Latest FinTech To Cut Jobs Amid Coronavirus Damage Continue Reading