All articles by Refna Tharayil
Refna Tharayil
Emirates NBD and Visa partner to launch Visa Commercial Pay–Mobile in UAE
This initiative aligns with the UAE Government’s vision of digitalising payments
FTC secures initial win in small business finance scheme case against Seek Capital
The company falsely advertises that it can secure business loans or lines of credit and instead charges clients thousands of dollars simply to open credit cards in the owners’ names
Hope Bancorp receives regulatory approvals for merger with Territorial Bancorp
The Merger is expected to be completed at the beginning of April 2025, subject to the satisfaction of customary closing conditions
Nayax announces acquisition of UPPay
Nayax announces strategic acquisition of Brazil-based UPPay, strengthening its position in the Latin American market
Seacoast to acquire Heartland Bancshares in $110m deal
Currently, Heartland National Bank operates four branches, with deposits totalling approximately $641m and loans of around $161m as of 31 December 2024
Leap Financial collaborates with Visa to digitise remittances
This partnership aims to streamline the direct delivery of funds to eligible cards, bank accounts, and digital wallets worldwide, enhancing the efficiency and security of cross-border remittances
Marqeta to acquire TransactPay to expand card programme management in UK and Europe
Established in 2012, TransactPay holds EMI licences that allow it to issue electronic money and provide payment services in the UK and the EEA
Western Union and urpay collaborate to offer international money transfer services
urpay, launched in 2021, is Saudi Arabia’s leading digital wallet with over 6.5 million users
Old Second to acquire Bancorp Financial in $197m deal
Bancorp Financial shareholders will receive 2.58 shares of Old Second common stock and $15.93 in cash per share, with around 75% of the consideration paid in stock and 25% in cash
Workato strengthens commitment to elevating enterprise security with payment card industry certifications and compliance
Workato’s Orchestrate and Agentic platforms are PCI DSS v4.0 Level 1 compliant