With the U.K. one of the largest FinTech hubs of the world today, initiatives like Open Banking demonstrate the opportunity for regulatory mandates to encourage innovation and competition — even in markets where such regulatory mandates don’t exist. The capabilities to unlock bank data and...
Telleroo, a U.K.-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. In a press release issued Tuesday (Dec. 10), Telleroo said it would...
China payment card issuer UnionPay is stepping into the market with prepaid cards for corporates and consumers, the company announced this week. Banking Tech reported on Wednesday (Jan. 9) that payment service provider Moorwand, a principal member of UnionPay, will launch the first UnionPay prepaid cards in...
February 02, 2023
Unbanked and Mastercard have partnered to accelerate decentralized finance (DeFi) card issuance in Europe. Through this partnership, the two companies will use their existing footprint in the United Kingdom and the continent to work with Web3 organizations to enable the issuance of cryptocurrency-powered card programs, the companies said in a Thursday (Feb. 2) press release. […]
