2innovate Partners With Paymentology to Boost Innovation in Payment Processing Across Latin America

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2innovate, a global pioneer in next-generation SaaS for banking and digital transactions, announces its partnership with leading global issuer- processor, Paymentology. This partnership highlights 2innovate’s ongoing commitment to innovation and operational excellence in the Latin American financial ecosystem. With its global footprint, Paymentology is a leading force in the payments sector. Its cloud-based infrastructure is utilized…

Virtual Pay International Secures Payment System License in Zambia

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Virtual Pay International, a leading provider of digital payment solutions, proudly announces the acquisition of a Payment System (PS) license in Zambia under the brand “Prestwood Payments”. This strategic milestone marks a significant expansion of Virtual Pay International’s footprint in the global fintech landscape. The PSP license granted by the regulating authority, the Bank Of…

McHenry reintroduces Financial Services Innovation Act again

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Financial Services Committee (FSC) Chair Patrick McHenry (R-N.C.) hopes the fourth time is the charm for his legislation to create “regulatory sandboxes” allowing financial services providers to offer innovative products and services under an alternative compliance plan. The Financial Services Innovation Act, which McHenry previously introduced in 2016, 2019 and 2022, would require federal regulators to…

How Nigeria can leverage rise of Fintech for economic progress

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How Nigeria can leverage rise of Fintech for economic progress By Dahlia Khalifa Fintech is driving the transformation of Nigeria’s traditional banking systems at an unprecedented pace, increasing the reach and efficiency of financial services in Africa’s most populous country. Through mobile banking, digital payments, and other innovations, fintech is extending financial services to previously…