Mastercard and MTN expand fintech cooperation

Globe Telecom president and CEO Ernest Cu said on Monday that unauthorized transactions that affected some GCash wallet users in the Philippines over the weekend were the result of a glitch, and that no funds were lost.

Africa-focused cross-border money transfer operator Mama Money partnered with payment processor firm Paymentology and Access Bank to launch a new bank card service that integrates WhatsApp banking.

Two notable fintech deals have recently been announced in the United Arab Emirates. The latest involves payments services company Worldline, which has partnered with Telr, a Dubai-based payment gateway aggregator and provider, to launch an e-commerce p…