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NayaOne Weekly Insights Industry Report

Weekly round-up! Check out this week's latest industry update on the bank and fintech partnerships for innovation. Ecosystem partnerships and strategic alliances are enabling product innovation and business model transformation in the financial services industry.<br><br>ud83dudca1 The digital finance collaboration and innovation was focused on b2b payments and SME lending products. <br><br>ud83dudca1Bigtechs forged strategic collaborations with fintechs to provide financial products and flexible payment options in a bid to further improve customer experience.

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NayaOne Weekly Insights Industry Report

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  1. Weekly Insights Payment & Partnership Strategiesin Action Open Banking B2B Payments SME Lending B2B Payments NayaOne

  2. Payments Open Banking Insights GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high quality financial services. Credefi, a provider of decentralised and secured lending portfolios, has been approved to brand itself as powered by Experian while stating it is the first blockchain firm to gain this type of partnership. NayaOne NayaOne

  3. SME Lending and Payments B2B Payments Insights Westpac has partnered with AI company Rich Data Co (RDC) to improve the lending experience for business customers and bankers, according to Australian fintech. Amazon and Stripe have signed an expanded global agreement under which Amazon will significantly expand its use of Stripe’s core payments platform and Amazon Web Services (AWS) will provide crucial compute infrastructure to help Stripe serve millions of businesses around the world. NayaOne NayaOne

  4. Payments B2B Payments Insights QNB Group has launched a biometric payment acceptance solution for Qatar- based merchants in partnership with PopID and Visa. Abu Dhabi Islamic Bank (ADIB) is working with Visa and Tappy Technologies to launch the region's first tokenised contactless payment wearables. NayaOne NayaOne

  5. Payments B2B Payments Insights Mastercard and Citizens announced an expanded partnership, making Mastercard the exclusive payments network across Citizens’ credit, debit and commercial portfolios, as well as services provider in the U.S. Stride Bank, has extended its private-label banking services agreements with U.S.- based financial technology company, Chime Financial, reaffirming Stride as a key banking partner. NayaOne NayaOne

  6. NayaOne provides banks with a single point of access to hundreds of fintechsand datasets through Digital Sandbox and Fintech-as-a-Service offerings. Follow us on @NayaOne @Naya_One www.nayaone.com NayaOne

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