[Tree] Paywatch's funding for EWA service expansion in Southeast Asia
Version 0.14 (2024-06-29 02:58:32.148000)
updates: Paywatch's US$30 million funding for expansion and growth
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Version 0.13 (2024-06-12 12:56:41.913000)
updates: PingPong launches embedded lending solution for US enterprises
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Version 0.12 (2024-05-29 12:56:56.034000)
updates: Addition of information about Relay's funding round and money management platform
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Version 0.11 (2024-05-17 00:53:59.218000)
updates: Inclusion of US Trustee's motion for liquidation of Synapse
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Version 0.1 (2024-04-21 22:21:35.648000)
updates: Inclusion of the acquisition of bankrupt FinTech Synapse by TabaPay
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Version 0.09 (2024-04-19 22:46:50.570000)
updates: Partnership between Gravity Game Vision and EBANX in Latin America
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Version 0.08 (2024-04-09 05:13:06.548000)
updates: Added information about Gravity Game Vision and EBANX partnership in Latin America
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Version 0.07 (2024-03-14 05:24:54.567000)
updates: The Reserve Bank of India (RBI) has imposed restrictions on Federal (FB) and South Indian Bank (SIB) from issuing new co-branded credit cards. This is in response to recent regulatory changes, including restrictions on commercial credit cards, a shift from 'penal interest' to 'penal charge' regime, and data accessibility requirements for co-brand partners. The restrictions on FB/SIB are due to a lapse in data ownership and sharing with their fintech partner(s). The RBI is also scrutinizing the RBL-BAF partnership for collection issues. Other co-branded card partnerships, including CSB, Indian Bank, BOB Card, and SBM Bank, may also face scrutiny. Credit cards constitute a significant portion of banks' total loans, with a large percentage of cards being co-branded. Analysts predict that the revenue of smaller banks and select NBFCs will be impacted by these restrictions.
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Version 0.06 (2024-01-23 12:01:27.030000)
updates: Integration of information about Worldpay and Liberis partnership for SME funding
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Version 0.05 (2024-01-09 07:51:00.685000)
updates: Add details about the partnership between NBO and PayMate to offer B2B payment solutions using Visa business credit cards in Oman
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Version 0.04 (2024-01-05 09:19:45.766000)
updates: Integration of Payoneer empowering SMEs in emerging markets
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Version 0.03 (2023-12-12 15:13:45.613000)
updates: Integration of TD Bank's cross-border banking program for Canadians traveling to the U.S.
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Version 0.02 (2023-11-24 12:41:30.739000)
updates: Integration of information about Pay by Bank in the US market
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Version 0.01 (2023-11-07 15:27:40.124000)
updates: Restructured and enhanced the narrative for improved clarity and impact
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