The 2020s: how the way we pay will change forever
Consumers started to move from contactless to contact-free in 2020.
API
Saudi start-up Hakbah raises $1.2m in seed funding
Hakbah aims to “modernise and ease” savings in Saudi Arabia.
Lithuanian paytech kevin. raises €1.5m in seed funding
Lithuanian firm plans availability across Europe by Q4 2021.
UK fintech TrueLayer launches its payments API to rival cards
PayDirect claims just a 3.5% payment failure rate.
Plaid raising at $15bn as employees pitched $1,200 per share
US fintechs have enjoyed a wealth of VC interest since the Plaid-Visa deal hit headlines.
Rapyd raises $300m in Series D, plans more acquisitions
It will double the engineering and product teams and expand the “self-service” element of the platform.
Ten trends set to influence the payments industry
The financial services and payments sectors have a bright future, should these trends continue to develop.
RBI invests in Romanian open banking start-up Finqware
Finqware initiated account aggregation for seven Croatian banks last year.
Under the hood of London payments platform Currencycloud
Currencycloud talks tech, structure, product development and bank relationships.
Visa and Plaid call off $5.3bn merger after US regulatory pressure
The two had initially intended to close the deal by June 2020.
How FIs can reduce friction and drive value in the payments system
FIs can help clients proactively identify and respond to potential problems.
Unit raises Series A funding to offer banking intergration
The start-up has raised a total of $18.6 million to-date.
How banks are tackling the “Frankenstein” workaround
The future of banking lies in a modular approach,” says Fineco.
Fintech digital transformation challenges during COVID-19
How to get ahead in realising revenues and returning profits to shareholders.
Banking Technology December 2020 / January 2021 issue out now
Ready to take 2021 by the horns.
The Fintech Review: 2020
We cover embedded finance, competition, open banking, and CBDCs.
Modularbank lands €4m to set up UK commercial operations
The start-up claims to be cashflow positive since its inception.
Stripe launches BaaS-type service for merchants with top US banks
“[The] banking experience should be as easy as spinning up a virtual server.”
Nordigen unveils free open banking platform to industry’s dismay
Nordigen claims it is the first to launch a free open banking platform.
US crypto exchange Gemini banks on ClearBank for UK operations
Gemini launched in the UK two months ago.
UK BaaS provider Griffin lands £6.5m to fund banking licence
Ex-Airbnb software engineer David Jarvis leads Griffin.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Accusoft releases new software development kit for PDF functionality
ImageGear PDF enables developers to add a variety of PDF functionalities into an application.
TrueLayer nabs former Amazon and AmEx exec as new CPO
Ossama Soliman joins TruLayer as its new chief product officer.
Yolt to launch Mastercard debit card through PPS partnership
Money management app takes a deeper step into the payments sphere.
Visa to acquire LatAm API-based payments fintech YellowPepper
The value of Visa’s acquisition is also undisclosed.
Bahrain’s Tarabut Gateway brings its open banking platform to UAE
Tarabut Gateway is also opening two new offices, one in Abu Dhabi, and one in Dubai.
How banks can be supported to achieve full open banking adoption
Choosing a partner to move forward with can be difficult.
Trading 212 integrates TrueLayer’s open banking platform
The API allows users to quickly and securely fund their investment account, using payments initiation.
TD Bank files lawsuit against Plaid for “duping” its customers
The bank claims Plaid is violating its trademark and tricking customers into handing over data.
The end of apps
Is it time that we jumped from the app bandwagon?
The imperatives behind BFS
The current crisis highlights the urgent action required for businesses to upgrade to digital platforms.
Webinar: Accelerating growth & building resilience in corporate banking – benefits of moving to open APIs
72% banks have seen an increase in the integration of corporate banking APIs this year. What’s you organisation doing?
Sibos 2020: Søren Skov Mogensen, chief growth officer at Banking Circle
He discusses the firm’s recent research.
South African challenger Bettr prepares for 2021 launch
“Young people are being excluded from wealth-generating services,” says CEO.
Daily News at Sibos 2020
Download your free copy of the Sibos supplement today!
Sibos 2020: JP Morgan CEO tells banks “don’t outsource your soul”
Jamie Dimon believes plenty of outsourcing firms “have no idea what they’re doing”.
Sibos 2020: Banking Circle launches POBO and COBO payments transparency solutions
The solutions are available globally through Swift, Faster Payments, CHAPS, SEPA and local clearing.
Banks’ rapid digitalisation leaving compliance teams in “no man’s land”
Regulators need to understand the challenges facing compliance teams.
Argentina’s money management app Ualá launches in Mexico
“It’s a much better product than we had in Argentina [upon launch],” says the CEO.
