LONDON: Lloyds Banking Group is today announced the acquisition of Curve, a London based fintech operating an innovative digital wallet platform. The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation. Curve operates a pioneering digital wallet platform that brings all cards and alternative payment sources into…
DUBAI, UAE: Al Ansari Digital Pay, a subsidiary of Al Ansari Financial Services PJSC, announced receiving the initial approval of a Store Value Facilities and Retail Payment Service Provider license from the Central Bank of the UAE. Aligned with the government’s ‘cashless society’ initiative and in support of the ‘financial inclusion’ agenda, Al Ansari…
BAHRAIN: Batelco Financial Services, a subsidiary of Batelco, has been granted a full operating license by the Central Bank of Bahrain (CBB). Batelco is the first telecom company in the GCC to have received licenses for open banking (Account Information Service Provider, Payment Information Service Provider), as well as payment service provider and card…
OSLO, NORWAY: Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo. The banks behind Vipps will own 65% of the new parent company, Vipps AS, Danske Bank will own…
OSLO: IDEX Biometrics ASA and Chutian Dragon Co. Ltd. (CTD) announced an expansion of their ongoing collaboration to include the development of a Digital Currency/Electronic Payment (DC/EP) card based solution supporting the People’s Bank of China initiative. The new, smart card based digital wallet will be secured by IDEX’s TrustedBio(TM) fingerprint authentication technologies. IDEX…