In a micro-app modern world, micro-differentiation matters
The best solutions are those that intertwine physical and digital channels.
Mobile
Money Dashboard appoints ex-PayPal CEO as new chair
Edinburgh-based fintech prepares for next growth phase.
UK fintech Fly Now Pay Later lands £35m Series A
The start-up says it will use its investment to help “reboot” the travel industry.
Indian neobank Walrus aims for teenage market
Newly launched bank wants to help teens learn about “bad world of money”.
WeChat to offer credit scoring to its 600m users
Th Big Tech will attribute “payments points” to determine a “trust” value.
Ghana becomes first African country to introduce universal QR code
Both smart and ‘yam’ phones can pay through QR codes.
Fidor Bank loses O2 mobile banking contract
The contract began back in 2016.
Addition Financial picks Backbase to provide customer personalisation
The Florida credit union shuns a “one-size-fits-all” approach.
How UK fintechs can help SMEs accelerate payments digitalisation
There are a number of issues for SMEs when it comes to cash transactions.
US challenger Bambu picks FIS Modern Banking Platform
Tennessee-based challenger bank plans to target the underbanked.
Safaricom and Visa sign M-Pesa partnership
The two firms will work on developing new products for the African payments platform.
Hanley Economic Building Society seeks technology refresh with DPR
The building society refits 25-year-old core systems.
Lifetise launches app to assist self-employed with finance support amid COVID-19
It quickly determines the government support options available to them.
Tech for good
Highlighting how tech companies have come to the rescue during the COVID-19 crisis.
Saudi Arabia’s fintech sandbox welcomes nine more start-ups
The sandbox is home to 30 fintechs.
Three US credit unions pick Bankjoy for mobile and online banking
The three institutions hold a combined $280 million.
Challenger Zelf to launch banking offering solely through messenger apps
“We have migrated into the top screen time for Gen Z’s and millennial’s,” says founder.
Google plans debit card launch in the US
Google is preparing to launch an Apple Card rival soon.
UK fintech Zeux lets users shop on Amazon through its banking app
The feature is currently in beta.
World Fintech Report 2020: “Traditional banks are at a critical juncture”
“They must embrace Open X or risk becoming irrelevant,” says John Berry, CEO of Efma.
Harnessing new technologies to stop today’s modern account takeover threats
Pairing face-based biometrics with certified liveness detection to crack down on ATO fraud.
Trade Republic lands $62m in Series B funding
German firm secures one of the largest Series B funding rounds the region has ever seen.
Varo Money takes on Moven’s consumer accounts
Accounts with Moven will shut on 30 April 2020.
Snoop launch a month early “to help households during coronavirus”
The fintech is headed by ex-Virgin Money CEO Dame Jayne-Anne Gadhia.
Santander’s money transfer fintech PagoFX launches in UK
Fees will not be incurred until 16 June 2020 for transactions under £3,000.
Mastercard’s Ethoca teams up with Microsoft to offer digital receipts
The Canadian firm has an ongoing partnership with Microsoft.
VibePay opens up APIs to SMEs, lands £1.25m funding
Originally planned for Q3 of 2020, the fintech brought the launch forward
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Chinese tech giant Huawei to launch new consumer credit card
Chinese manufacturer borrows a selection of Apple Card features for new product.
Revolut and open banking – what’s the big deal?
The announcement from Revolut should be seen as a must win gamble.
Fintech can’t tackle financial services without tackling its diversity problem
Not only was the gender homogeneity disheartening, it’s also a serious problem.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
86 400 raises AUD 34 million in Morgan Stanley-led Series A
This brings the total capital raised by 86 400 up to AUD 90 million.
Free Senegal migrates to Comviva to boost mobile money offering
The mobile network operator has 4.4 million subscribers for its digital wallet.
Vodacom and Safaricom finalise M-Pesa acquisition
Joint venture takes control of popular mobile money brand from Vodafone.
Curve launches numberless cards for new investors
Fintech claims that it has decluttered its “sleek” new cards.
HSBC launches mobile onboarding in mainland China
UK-headquartered bank is the first foreign lender to launch mobile onboarding in China.
Nordic challenger Lunar adds $21.6m to its Series B
Monzo’s former head of product Ole Mahrt will also join its board of directors.
Sony Bank picks OneSpan for mobile banking security
The Japanese bank secures launch of new banking app.
TSB’s online and mobile banking goes down on April Fools
Phone lines were busy and branches weren’t reachable amid lockdown.
