PSR plays protector in payment scam fight
New industry code on the way to deal with consumer complaints about APP scams.
Payments
Dream Payments and Mastercard speed up insurance payouts
Cloud-based payments platform Dream Payments has teamed up with Mastercard.
New Trustly “Pay N Play” feature shatters the ice at ICE London
Ousting old lengthy registration and verification processes while still protecting users’ accounts.
Fintech funding round-up: 27 February 2018
From the US to Brazil – stars Pagaya Investments, C2FO and RecargaPay.
Dine and dash with Barclaycard payments trial
Launch partner Prezzo to host solution in London restaurant.
UK regulator turns cash saver with new credit card rules
FCA says new rules will save consumers between £310m and £1.3bn a year in lower interest charges.
Visa and Allianz partner to create mobile payment app
Allianz Prime app is “first of its kind” in insurance industry.
FCA orders Vanquis to repay customers £168m for price disclosure fails
Also hit with fine of £1.97m for not disclosing full price of an add-on product.
Circle buys Poloniex to expand cryptocurrency services
Acquires a rival of Coinbase and Kraken to spice up cryptocurrency arena.
The Future of European Fintech Alliance calls for API banking order
Alliance wants to ensure bank APIs under PSD2 have the necessary functionalities and performance.
BB&T banking systems go down
North Carolina-based organisation’s ATMs and digital operations affected.
OCBC Bank first in Singapore to launch voice-powered banking
“Hey Siri, what’s my balance?”
Switch unveils Cardsavr API to get cards into e-commerce circulation faster
The “first and only” fintech addressing this credit card management issue for consumers, merchants and FIs.
Mobeewave to power payments for Samsung
Mobeewave to offer an in-person contactless payment acceptance solution on Samsung devices.
Instarem teams with Ripple for Southeast Asia payouts
Instarem to offer payouts for Ripple’s enterprise blockchain network members.
Lloyds preps for PSD2 with £3bn digital investment
Three-year strategy to bolster its digital capabilities – job cuts are included.
Degussa Bank finds its Germanic match with API start-up Giromatch
Team up to launch pilot project offering virtual Visa credit card for shopping with Amazon Business.
The best banking and internet payment options
There’s no right or wrong way to purchase anything online.
Stack selects i2c for new mobile payments platform
Toronto-based challenger Stack still in private beta – scheduled to launch publicly early this year.
Zonafide blockchain brings bona fide touch to Atos
UK firm will help Atos combat identity theft and cybercrime.
Case study: Technology innovation the main driving force for customer satisfaction
Innovation – the driving force for customer satisfaction. Case study on how to get there.
Fintech funding round-up: 20 February 2018
Features SETL, AND Global, LendMN and Augmentum Fintech.
Soldo and Starling pair up for business banking
Business banking better than before.
Kony brings digital magic to Partners Federal CU revamp
Ploy Story or Beauty and the Increased?
Tandem launches travel cashback card in UK
Digital challenger bank launches its first product in the country.
Hackers swipe $2m from India’s City Union Bank via Swift
Three “fraudulent remittances” – sent via correspondent banks to accounts in Dubai, Turkey and China.
Fintech funding round-up: 19 February 2018
Features Lydia, Qara and Aye Finance.
Montserrat gets blockchain Bitt for digital payments
Get that atlas out! Barbados-based Bitt’s DLT to fuel ecosystem for small Caribbean island of Montserrat.
Hackers steal $6m from Russian bank via Swift
Russian central bank disclosed the information… very discreetly.
CBA blocks credit card purchases of virtual currencies
The Commonwealth Bank of Australia is following in the wake of others.
HSBC online and mobile banking goes down
UK not OK… as usual. Out for the count for a few hours.
Coinbase customers bugged by overcharging caper
And a blame game with Visa begins.
Coinbase launches crypto e-commerce acceptance
Digital currency wallet Coinbase is expanding its horizons with the launch of Coinbase Commerce.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
Fintech funding round-up: 14 February 2018
Special guest stars are Middleton Enterprises, Oradian, IdentityMind Global and Payworks.
Saudi Arabian Monetary Authority pilots Ripple payments
SAMA like it hot for blockchain-powered payments.
