Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Payments
Revolut uses GPS for FX app launch in APAC
Starting with New Zealand, Singapore and Japan.
Fintech funding round-up: 13 February 2018
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
E-ZPass links with PayByCar to advance in-vehicle payments
PayByCar lets drivers use toll transponders to make additional purchases, such as fuel, fast food, and car washes.
Global fintech funding goes over $31bn mark
Brings the total over the past three years to $122 billion.
SpherePay and TrueChain plan to bring cryptocurrencies into real-life transactions
Singapore-based mobile payment firm teams up with Chinese blockchain company.
Dwolla lands $12m in funding
The funds will be used to support Dwolla’s growing capital requirements and to expand its team.
Australia’s new payments platform launches
Enabling customers with accounts at different banks to make 24×7 payments in real-time.
Fintech funding round-up: 12 February 2018
Featuring YapStone, Stash, Moneyfellows and Lendingkart.
Visa buys payments firm Fraedom
Fraedom has been a Visa partner for nearly ten years.
MUFG teams with iAPPS for Southeast Asia push
Looking at cross-border payments and settlements.
India Post Payments Bank ready for nationwide roll-out
IPPB will operate via the India Post network of 155,000 branches and have 650 offices for back-end support.
Ripple fuels UAE Exchange’s cross-border payments
Via the deal, UAE Exchange joins RippleNet, its enterprise blockchain network.
US DoJ shuts down payment card fraud ring
Transnational criminal gang responsible for more than $530 million in losses from cybercrimes.
Bud blossoms with two new payment licences
UK-based web and mobile app has got regulatory authorisation to aggregate accounts and initiate payments.
Nordic banks mull common payments infrastructure
Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank in talking mood.
NCR overhauls ATM network at BankDhofar, expands ATM access in India
The breadth of NCR’s work with financial institutions and underbanked populations around the world.
TSYS to power JP Morgan’s commercial virtual card issuance
JP Morgan will leverage the Virtual Payment Precept solution from TSYS to broaden its virtual card offering.
UK regulator pushing hard on GDPR compliance
Financial Conduct Authority looking to get firms ready for the EU General Data Protection Regulation.
TrueLayer makes Zopa an open banking player
API developer platform partnering with UK financial services company for launch of products.
Top fintech stories this week – 9 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Deutsche Bank’s multibanking service goes live
One login to rule them all – for transferring money from all aggregated accounts.
India’s RBL Bank calls for fintech start-ups
Funding and mentorship on offer for 20 firms.
Entrust Datacard teams with Gemalto
Identity authentication and secure card issuance company partners with payment card supplier.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
Top performing altcoins in 2017 – Fortune Jack
Bitcoin’s movements over the last year have paved the way for up-and-coming alternative coins.
Ripple powers LianLian’s payments to China
Hong Kong-based money service will use xCurrent blockchain solution.
UK regulator reveals retail banking remedies
Overdraft warnings are one of the fixes brought in as part of CMA’s investigation.
PrePay Solutions takes a shine to challenger bank Coconut
PPS is providing the banking infrastructure and card technology.
UK fintech in record VC investment
VC investment in the nation’s fintech firms was up 153% at $1.8 billion in 2017.
The ups and downs of cryptocurrencies
Predicting what will happen to Bitcoin and other cryptocurrencies has become a cottage industry.
Blockchain and Bitcoin round-up: 6 February 2018
Features Virgin Money, Tech Bureau, Japan Net Bank, Waves Platform and Tokenomy.
Payments round-up: 6 February 2018
Stars SafeCharge, WorldRemit, Wing Cambodia Limited Specialised Bank, PaymentComponents and Amazon India.
Could data masking prevent credit card fraud?
Examining the latest weapon cybercriminals have acquired – data masking.
Starling a great Flux for digitised loyalty rewards
Integration marks the second stage in their partnership.
TransferWise to power payroll payments for crowdfunding platform Seedrs
Well, reader, it’s kind of a cheerleader for Seedrs.
Revolut ditches Wirecard for in-house card issuing
Revolut will no longer be relying on Wirecard for card issuing.
Start-up Intrapay enters payments fray
Intrapay has launched for business “to refresh the payments industry with customer-driven innovation”.
Xero and Kaseya form data sharing duet
Cloud-based accounting platform and IT management solutions provider get together.
Santander and Ripple to launch blockchain-based consumer payments
Santander will launch DLT-based international payments for retail customers in Spain, Brazil, Poland and the UK.
