African payments firm Cellulant raises $47.5m
Helped by The Rise Fund – marking its debut on the continent.
Payments
Mexican banks hit by cyberattacks
Between $15-20m taken from at least five Mexican financial groups.
Cashplus calls on Currencycloud’s special FX for SME payments
Especially designed to help British SMEs do better business abroad.
Worldline to acquire SIX Payment Services for €2.3bn
Strengthens its paytech operations in Europe.
KFH Bahrain launches digital platform Jazeel
“Great” news from Manama.
Ripple springs Xpring programme for blockchain innovation
Will invest in, incubate, acquire and provide grants to companies and projects.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
Mitsubishi, MUFG and Standard Chartered in payments pilot over RippleNet
First time for a Japanese company to conduct cross-border payments over RippleNet.
VPBank vavooms with new digital credit card
Vietnamese bank’s consumer finance division offers MPlus+.
Canada’s equity settlement blockchain project reaches viability
Payments Canada, Bank of Canada, TMX Group, Accenture and R3 all involved.
Apple and Goldman Sachs to unveil new credit card
Could be on its way in 2019.
Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Garmin Pay just the ticker for Starling Bank
Watch out for this new contactless payment option.
New South Wales–India fintech exchange calls for start-ups
One-week business development programme up for grabs.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
Blockchain firm Zonafide shuts down
“A major engagement we had expected was put on hold.”
Australia pushes ahead with open banking reforms
It’s a “game-changer” for consumers and businesses.
TSYS teams with 118 118 Money for UK credit card programme
Paytech and lendtech firms sign long-term agreement.
Nordea plans payments perfection with Connect injection
For online buying for consumers and merchants.
HSBC UK’s latest app stands connected for one screen dream
Lets customers see accounts from different banks on one screen.
Infographic: Europe Day, payments and e-commerce
“Only 7% of EU businesses currently sell cross-border within the union.”
Australian budget brings fintech joy
Funding for AI, blockchain and more.
Swedish payments firm iZettle plans IPO
IPO expected to be completed this year.
Six and the Citi unveil API partnerships in Hong Kong
Covering cards, customers, money movement, onboarding, and pay with points.
Equifax offers more facts on massive data breach
Opens up to US Congress about 2017 cybersecurity incident.
Deutsche Bank and major airlines in “game-changing” paytech pilot
Deutsche Bank to collect customer payments directly from consumer accounts under PSD2.
Splitit expands payment options with debit card instalments
Splitit (formerly PayItSimple) has launched an instalment payment solution for debit cards.
Global Findex 2017: financial inclusion on the rise but gaps remain
Globally, 69% of adults – 3.8 billion people – now have an account at a bank or mobile money provider.
New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
JP Morgan Chase to patent blockchain-based interbank payments tech
Application filed with the US Patent and Trademark Office.
Top fintech stories this week – 4 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Nubi turns to Mambu for core banking tech
Nubi selects Mambu to underpin its digital services in Argentina.
Open banking platform Token authorised by FCA
Token is now an official AISP and PISP in the UK.
Bacs and Faster Payments transferred to New Payment System Operator
Bacs and Faster Payments process a combined £6.3 trillion worth of payments annually.
Erste Bank Hungary in paytech revamp with ACI Worldwide
Erste Bank Hungary (EBH) implements ACI Worldwide’s UP paytech suite.
Wirecard provides paytech to global bank account Denizen
Paytech Wirecard is working with BBVA-backed start-up Denizen on its global bank account.
Case study: Digital ID verification for easy and compliant payments onboarding
Learn how blockchain payment pioneer Nocks leveraged identity verification to speed up customer onboarding by 98%.
ATB Financial outsources bill paytech to Central 1
Central 1 Credit Union has signed ATB Financial for its Bill Payment Processing Services.
PSD2 and the need for common security standards
Common standards for secure data exchange and robust authentication of PSPs’ interfaces are needed.
Acorns Australia rebrands as Raiz Invest; Westpac and Assembly Payments team up
Acorns Australia, an app that uses small change to invest, has rebranded as Raiz Invest.
