TenPay Global, the cross-border payment platform of Chinese multinational technology conglomerate Tencent, and Mastercard Move, payment giant Mastercard’s money movement business, have announced a collaboration.
Global digital operator Veon announced on Friday that its financial services subsidiary, Mobilink Microfinance Bank has launched Islamic banking operations in Pakistan, in response to growing customer demand for Shariah-compliant financial services.
Chinese handset maker Oppo has reportedly apologised to customers in Thailand after admitting to the telecoms regulator that its devices came with pre-installed loan apps that had not been approved by the Bank of Thailand (BOT).
African digital payments network Onafriq said it has formed a strategic partnership with Visa to launch Visa Pay, a cloud-native Payments-as-a-Service platform designed to expand digital financial access across the Democratic Republic of Congo (DRC).