Top ten fintech events in 2017
Have fintech, will travel.
Have fintech, will travel.
2017 has been another eventful year for the payments industry. From celebrities like 50 Cent getting involved (more on this later) to businesses neglecting the needs of pretty much every generation bar millennials, there hasn’t been a dull moment.
More bite-size Bitcoin and blockchain news.
Ripple is taking “the next logical step to help build the internet of value”.
Southern Bank launches a new digital payment option: Photo Billpay.
Bluefin Payment Systems’ point-to-point encryption network Decryptx has onboarded new partners.
The Open Banking Implementation Entity has confirmed that the UK will be the first nation to launch open banking.
An overview of the most important threats in the payments landscape.
The acquisition is expected to close in Q1 next year.
Cellum will offer money transfers via TransferTo’s cross-border mobile payments network.
They target expanding their fintech clout along the “Belt and Road Initiative” route.
In the eye of the storm we provide clarity.
Replacing its legacy Electra System with BPC Banking Technologies’ SmartVista platform.
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
Unibank is now fully compliant with the required standards of security for the Swift payment infrastructure.
In just ten years we could see a highly digitally-led shopping experience.
PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but its effect will be more far-reaching, acting as a catalyst for innovation not just in payments, but in the wider financial services market.
The duo are targeting Africa’s unbanked population.
This round-up features Finstar, State Street, FRISS and iZettle.
Nordea has connected APIs to its production system and made its open banking live in Finland.
Are GDPR and PSD2 really that dissimilar and incompatible? Or do they combine to create a robust security mind set?
‘Tis the season for gift giving, and no gift has a “richer” history than cash.
An attempt to create an industry powerhouse in the markets for cybersecurity and digital products.
‘Tis the season for online shopping (and selling).
Illinois Educators Credit Union and Members Financial select Fiserv for their tech overhauls.
This round-up features WorldRemit, PAIR Finance and an update on Sophia the AI robot and SingularityNET.
First insurer to integrate with MyInfo, a digital data vault launched by the GovTech and the Ministry of Finance.
FI.SPAN will provide pre-integrated third party fintech solutions into the hub.
Fintech companies will find that they are a different kind of business in 2018 than they were in 2017.
Canada-based payments platform nanopay has unveiled its new B2B payments solution for international trading.
US-based Fifth Third Bank has chosen FIS to enable real-time payments (RTP) for its customers through The Clearing House’s (TCH) payments system.
Have any UK high street or challenger banks made the jump to 100% digital onboarding?
The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years afterwards.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
The Moneycorp Group will acquire Brazilian foreign exchange business Novo Mundo Corretora de Cambio, and UK-based currency firm First Rate FX.
Cross-border payments company Payoneer announced today it has received funding from China Broadband Capital (CBC). While the amount of funding was undisclosed, the company specified that this week’s Series E-1 round follows the $220+ million Series E round received last year. This adds to the company’s total funding amount, which previously stood at $270 million.
Nick Kerigan, MD of Future Payments at Barclaycard, looks at how innovation is helping the payment industry to balance offering seamless payments with keeping people in control of their money.
Belgium bank KBC with its mobile banking app is seeking to form a partnership to broaden its third-party services.
Paytech firm Wirecard is collaborating with sendhybrid, a company linked to the Austrian postal service Österreichische Post, to offer electronic post-box users a payment service to settle public sector digital invoices.