Central Bank International Payments Payments Institute 
Fintech Finance
FEBRUARY 2, 2024
Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.
The Fintech Times
NOVEMBER 5, 2024
Wise , the fintech focused on money transfer, has been granted direct access to the Philippines’ real-time payment system, InstaPay, enabling it to enhance the cross-border payment experience for around 13 million of its customers. per cent. .
Finovate
AUGUST 9, 2024
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, will lift its moratorium on the granting of new digital banking licenses starting on the first of January 2025. The move will allow as many as ten digital banks to operate in the Philippines.
PYMNTS
JULY 9, 2020
This is the end of light-touch regulation of e-money and payment institutions.” . “The sector has reached the scale where more regulation is required,” Matt Hopkins, audit director at BDO, the global financial advisory firm, told the newspaper.
Segpay
SEPTEMBER 5, 2024
Could you share some of your European success stories and the challenges you overcame as an American PSP entering the European payment market? Q: As the CEO and founder of a successful international payment services provider, you have been a board member and CFO of the Free Speech Coalition (FSC) for years now.
PYMNTS
AUGUST 2, 2019
That can be a logistical challenge for businesses making payments in currencies deemed exotic, defined as belonging to emerging economies in, say Africa, Asia and the Middle East. International payments can be an expensive proposition where liquidity is scarce, and spreads and FX fees are high.
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