Brazil’s Parabank partners Dock to launch inclusive card programme for people with disabilities
The São Paulo-based challenger has adopted Dock’s private-label card processing platform.
Cards
Zambian fintech Lupiya partners Network International for debit card programme
The fintech is leveraging Network’s “comprehensive suite of card payment processing solutions”.
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
E2 combines both debit and credit primary account numbers into one card.
Financial management software provider to SMEs, Finally, raises $50m equity and $150m debt
Florida-based Finally plans to expand its AI-powered business payments platform across the US.
Ireland-based paytech CleverCards hires former Edenred exec Ray Brash as COO
Ireland-based paytech CleverCards enables corporates to pay their consumers, employees, and vendors with virtual cards.
Saldo Bank taps Enfuce to launch its first payment card programme
Enfuce will deliver “over 60,000” Visa credit and debit cards for the programme.
BankDhofar partners Entrust to deploy Tap to Pay services in Oman
BankDhofar claims it is “one of the first banks” to launch Tap to Pay in Oman.
New UK climate fintech Zero gears up for end-of-year launch
Zero secured seed funding in 2023 and is now pursuing additional capital through a seed extension round.
Shift4 acquires Canadian fintech Givex
The acquisition is anticipated to close in Q4 2024.
New fintech Barq led by former STC Pay CEO launches in Saudi Arabia
Barq claims to have onboarded over 1 million users just three weeks after its debut.
Malta’s Papaya promotes Igor Tsybolyuk to CEO
Tsybolyuk has served as Papaya’s chief operating officer since June 2022.
Science Card introduces new debit card offering to help accelerate UK scientific discovery
Customers can support ongoing projects focused on dementia, cervical cancer, and kidney transplants.
UAE fintech Yuze bags $30m funding to propel expansion into new markets
Yuze offers a digital financial services platform built to help simplify financial management for SMEs.
The shifting credit landscape in the digital age
Will the concept of a credit score as we know it become obsolete?
US fintech Tally to shut down after failing to secure “necessary funding” to continue operations
The fintech had previously secured $80 million in Series D funding in 2022.
Mexico’s Stori lands $212m in mix of equity and debt financing
In addition, Stori has appointed Diego Cabrera Canay, ex-CFO of dLocal, as its new group CFO.
Varo Bank inks five-year issuer processing deal with Marqeta
The deal will enable Varo cardholders to add tokenised cards to their digital wallets.
SME-focused neobank Ampere launches card-to-card payments in partnership with Mastercard
The offering facilitates conversions in over 60 different currencies.
Northeast Bank adds credit cards to commercial suite through Corserv solution
The bank is leveraging the vendor’s account issuer programme.
Ireland’s An Post joins forces with Safecypher to combat CNP payment fraud
Safecypher’s tech tackles CNP fraud by enhancing CVV protection for card payments.
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank now plans to launch “several new product features” for the credit card.
July 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over July.
Kenya’s Diamond Trust Bank taps Network International for digital payment solutions
The bank will utilise Network International’s platform for debit, credit and prepaid card hosting and processing.
What the FinTech? | S.5 Episode 12 | The emerging technologies driving innovation in payments
In this podcast episode, we chat with George Maddaloni, CTO of Operations at payments giant Mastercard.
Bank of Clarke partners with Greenlight for family money management solution
Bank of Clarke becomes the first Virginia community bank to offer Greenlight’s service.
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Green Dot has been anticipating the arrival of the consent order since February.
US fintech Coast bags $40m Series B for product, partnership and team expansion
The fintech will apply the funds to “accelerate its product and partnership development”.
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 19 July 2024
Our pick of the top fintech news stories this week includes HSBC, Stripe, the FCA and more.
US fintech Aven’s valuation tops $1bn with latest $142m Series D capital raise
The San Francisco-based fintech plans to expand to all 50 US states by next year.
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
EliWallet will enable customers in Jordan to “transfer money swiftly across borders”, JKB says.
Visa and Mastercard to extend inter-regional interchange fee caps in the EEA until 2029
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
ICYMI fintech funding round-up: Bling, CreditLogic, FreeBnk and Currensea
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Join us as a judge for PayTech Awards USA 2024!
The prestigious PayTech Awards USA 2024 has a limited number of seats on the judging panel available.
Barclays sells German consumer finance business to Austria’s BAWAG to refocus on “key businesses”
The sale is expected to release around €4 billion in RWAs for Barclays as it seeks business simplification.
Celebrating excellence in the payments industry: PayTech Awards 2024 winners announced
Take a look at all the winners and highly commended from this year’s PayTech Awards ceremony!
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
June 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories during June.
UK fintech Pozitive Payments names Alex Daly as new CFO
Daly will oversee Pozitive Payments’ finance team, including reconciliation and settlement functions.
UK paytech Payset signs for Thought Machine’s Vault Payments tech
The paytech has been utilising the vendor’s Vault Core offering since 2022.
