WeChat Pay boosts UAE footprint with Network International
Network International partners now able to connect to WeChat Pay.
Partnerships
Exclusive: Unite Global gets $5.25m from Svea to launch cross-border payments hub
The new hub will select 8-12 partner banks to deliver global instant payments.
Video: Top fintech stories this week – 21 February 2020
FinTech Futures’ weekly news round-up.
WorldRemit partners with Varo Money
The partnership will enable direct access in the Varo app to the WorldRemit service.
Wirecard and Raiffeisen Bank team up to serve Eastern European markets
Raiffeisen Bank will use Wirecard to process payments across 13 Eastern European countries.
What is office politics, anyway?
For some, politics is about winning the battle. For others, it’s wining the war.
St Helena introduces electronic payments to the island with iPayu
The island is just 16 kilometres wide in size and home to 4,500 people.
Starling Bank lends through Zopa while it builds its own platform
The neobank currently holds £1.25 billion in deposits.
Flywire secures unicorn status with $120 million Series E funding round
Goldman Sachs led the latest round.
Diebold Nixdorf to manage Belgian banks’ combined ATM network
Argenta, AXA Bank, Crelan, and vdk bank pick DN for ATM upgrade.
Service models: The future of fintech
FinTech Futures talks to two BPC senior VPs about the company’s new processing business.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
Bankable and Visa extend partnership with US collaboration
Bankable also plans to open New York office.
OakNorth to deploy lending platform for Dutch lender Oimio
Newly-launched firm aims to help SMEs with loans of €1-10 million.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Desjardins signs multi-year contract with AI fintech Exagens
The 25-person fintech will continue to power the bank’s ‘Assistant AccèsD’.
Crédit Agricole acquires majority stake in aggregation fintech Linxo
French cooperative to own 85% of Linxo after deal.
The future of trade finance
We speak to Mastercard, NatWest and Marco Polo senior executives about their partnership.
White paper: Payments outsourcing – pros, cons & considerations that should be on your radar
Practical guidelines for banking institutions to consider when choosing a vendor.
Barclays signs tech partnership with invoice insurance firm Nimbla
UK bank to offer Nimbla technology to one million SME customers.
Alipay partner Tranglo integrates Ripple’s cross-border payments
Tranglo partnered with bigtech Alipay earlier this month.
WorldRemit ties up cross-border remittance partnership with Alipay
London-based firm gives users green light to sent money to Alipay wallets.
Nigerian paytech Flutterwave raises $35m, partners with Worldpay
Flutterwave has become Worldpay’s only African payments partner.
Mastercard and Marqeta collaborate to help fintechs go to market
Twisto will be the first European customer to deploy Marqeta and Mastercard’s initiative.
Goldman cuts personal lending after launching Apple card
Its partnership with Apple has taken some of the momentum away from Marcus.
Siemen’s Mendix builds Rabobank’s new banking portal RaboDirect
The new portal will process front and back-office transactions.
Lloyds Bank teams with Microsoft to speed up its digital transformation
The partnership is part of the bank’s £3 billion commitment to technology investments.
US challenger Unifimoney signs integration deal with UMB Bank
US challenger inks deal with UMB for account infrastructure.
Raisin acquires Choice FS as first step into US deposits market
Raisin’s CEO Paul Knodel calls Choice FS “a perfect fit” for its US mission.
TransferGo partners with Currencycloud to reach Kenya, Singapore and Japan
It will facilitate cross-border payments & enable them to launch in 14 new markets over Q1.
GAM partners with SimCorp to consolidate its operating platform
SimCorp Dimension will serve as GAM’s core front office platform and IBOR.
Why start-up boards are here to stay
Start-up boards are often overlooked and underappreciated.
Nets acquires Finnish firms Poplatek and Poplapay
Nordic payments group snaps up new firms to boost terminal services.
BNP Paribas extends deal with Temenos
The two are agreeing to work together until 2028.
Sopra Steria completes acquisition of Fidor Solutions
Sopra on the hunt to boost its digital banking product portfolio.
Tokyo: fintechs welcome!
Japan is keen to turn Tokyo into the number one financial hub in Asia.
BBVA trials Amazon platform for banking products
The Spanish bank is exploring options via a partnership with a Michelin star restaurant.
China suspends London-Shanghai exchange partnership
The rumoured order comes amid rising political tensions.
Cattolica University launches blockchain project with Italian firms SIA and Reply
The national project will run in collaboration with the Bank of Italy.
