soCash raises $6m in Series B
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
Cards
Mambu signs first Brazilian client Acesso
Acesso issues prepaid cards for the underbanked.
Lloyds Bank picks Optal for smooth B2B payments
The bank’s commercial clients will be able to pay suppliers more easily.
PayTech Awards 2019 winners announced!
Celebrating excellence and innovation in the payments industry and people who make it happen.
Curve raises $55m in Series B round
The start-up is now among the top five UK consumer fintechs.
NetSuite supports GoCardless in global expansion
The platform helps to cut the complexities of international operations.
InComm makes third-acquisition this year with purchase of Meridian Loyalty
The amount of the acquisition was undisclosed.
Canada’s PaymentsMB taps Cardstream for European expansion
Cardstream will link up with acquirers and suppliers.
JCB and Interac Corp agree Canadian ATM deal
JCB cardholders can withdraw cash at machines throughout Canada.
DocuSign picks GoCardless to drive European growth
The move offers subscription payment alternatives to cards and PayPal.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Visa and PayPal’s new deal
While the US service is powered via a partnership with JPMorgan Chase, PayPal’s Instant Transfer in Canada is powered by Visa’s push payments system, Visa Direct.
UnionPay expands into Italy with Banca Sella deal
Greater acceptance will help merchants meet the needs of Chinese tourists.
Ask the expert: your questions on growing the business answered
How can I better understand and navigate the complexity of the financial services market?
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
Bank of Ireland UK sells credit card portfolio for £530m
Jaja will become the consumer credit card issuer for the bank and the AA.
SIA deploys new POS terminal network in Greece supermarkets
Market In will accept contactless payments.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Three old-school self-service strategies to ditch – and what to do instead
The ATM is the only channel that provides cash access anytime, anywhere. Take advantage of its huge potential!
Lloyds first to launch open banking app for credit cards and savings
The banking group has also added a secure 24-hour messaging service.
Chip Mong Bank picks Compass Plus to support Cambodia launch
Compass Plus provides an ATM cash-by-code service.
CallVU teams up with Banca Transilvania to boost mobile banking
It will give customers card control to block transactions or modify transaction limits.
Crypterium launches prepaid card
The Crypterium Card is loaded with cryptocurrencies and functions just like a traditional prepaid card.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
FCA reveals new rules to protect BNPL consumers
Companies will no longer be able to charge interest on money repaid within offer period.
H&R Block acquires Wave Financial for $398m
It follows Wave’s recent acquisition of Every.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Isbank partners Yandex.Checkout to support trade between Turkey and Russia
Turkish bank will reach more than 150 million extra clients.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
Cryptomathic acquires Aconite Tech for EMV infrastructure prowess
The two firms say they have complementary and similar products.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
JP Morgan picks Bora to automate SUA B2B payments
Bora to provide advanced payment processing technology.
