Italian payments app Satispay raises €60m, plots 2025 launch of investment services
The paytech unicorn has now raised over €500 million in total funding to date.
Payments
Video: WorkWave at Money20/20 USA 2024 – Driving growth for field services companies
Jacob Olins, VP of Fintech at WorkWave, discusses how the company is utilising innovations in fintech and payments.
Video: Codat at Money20/20 USA 2024 – Innovation in B2B payments
Codat’s Joey Rault and JP Morgan’s Jesse Schwarz discuss the evolving B2B payments landscape at Money20/20 USA.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
UBS pilots new blockchain-based system for cross-border payments
The system settles international transactions using smart contracts on a private blockchain network.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Visa backs four new African fintech start-ups as part of $1bn continental commitment
OkHi, Workpay, Oze and Orda.Africa have all received investment from Visa.
Scottish paytech BR-DGE names Chun Ong as new COO
Ong moves from Dubai-based fintech Tarabut Gateway, where he was COO for under a year.
Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
Video: DailyPay at Money20/20 USA 2024 – The growing demand for earned wage access
FinTech Futures chats with Stacy Greiner, CEO of DailyPay, about the future of earned wage access.
Sibos 2024: The future of global transactions with KoreFusion – video interview
KoreFusion’s Jan Smith discusses the latest technologies that are transforming cross-border transactions.
FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
UK banks and mobile operators take on APP fraud with new Scam Signal solution
Delivered via API, Scam Signal enables banks to spot correlations between mobile data and fraudulent transfers.
Saldo Bank selects Lunar’s Nordic infrastructure to streamline payments for customers in Sweden
Vilnius-headquartered Saldo Bank is the first bank to adopt Lunar’s Nordic infrastructure.
NatWest debuts B2B virtual card solution Approval2Buy in partnership with Mastercard
NatWest has delivered the offering using Mastercard’s virtual card and tokenisation technology.
Beyond banking’s four walls: the journey to open finance
A collaborative approach to open finance will foster greater innovation across the board.
B2B payments platform Melio secures $150m Series E funding round
The round values Melio at $2 billion, down from its previous $4 billion valuation in 2021.
Netherlands-based Intersolve names Five Degrees co-founder Martijn Hohmann as provisional CEO
Hohmann takes the reins of the payment processor from managing director André Moen.
Standard Chartered taps Wise Platform for cross-border payment service upgrade
Standard Chartered intends to connect with Wise’s infrastructure “over the coming quarters”.
Mutual Trust Bank in Bangladesh revamps e-commerce acquiring services with Compass Plus Technologies
The migration was completed in six months with the assistance of ITC Consultants.
Trustly names former Sinch exec Henrik Wallström as new CTO
Trustly appointed former Deliveroo exec Adam Miller as its new group CFO last month.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
US BNPL fintech Affirm launches pay-over-time options for UK consumers
Affirm’s UK country manager Ruth Spratt says the UK is “the perfect place for the next phase of Affirm’s journey”.
New digital wallet and POS app Payap gears up for 2025 launch in New Zealand
The app is powered by Auckland-based fintech Centrapay and backed by the Bank of New Zealand (BNZ).
Suzanne Rudnitzki named new Ixopay president and COO
Rudnitzki is credited with playing a key role in Ixopay’s April merger with TokenEx.
Osigu raises $25m Series B and partners with Visa to streamline healthcare payments
Osigu has partnered with Visa to address healthcare payment challenges in LatAm and the Caribbean.
FinTech Futures: Top five news stories of the week – 1 November 2024
Our pick of the top fintech news stories this week includes nCino, Citi, Moniepoint and more.
October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
MoneyGram appoints former Walmart EVP Anthony Soohoo as new CEO
Soohoo succeeds Alex Holmes, who has served as CEO of MoneyGram for eight years.
October 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in October.
PSP Services buys NCR Atleos’ transaction processing and card management business in Canada
PSP Services says it will incorporate the business into its HLX Unified Commerce Platform.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
October 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from October.
New digital wallet Kuady launches in several LatAm markets powered by Mambu
The Kuady digital wallet has recently become available in Argentina, Chile, Mexico, and Peru.
Sibos 2024: Oiling the wheels of trade with digitalisation
Digitalisation is driving sweeping changes throughout the global trade ecosystem.
The rise of decentralised finance (DeFi): opportunities and challenges
DeFi is well-positioned to disrupt traditional finance in a number of ways.
October 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
