identitii teams with RPA firm Blue Prism
Will design tech to digitise and automate corporate payment and trade transaction processes.
PayTech
ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
Bank of England’s digital currency pushes ahead
The central bank digital currency (CBDC) begins to take shape.
KBC in instant payments project with Temenos
Fresh from Temenos Community Forum 2018 in Dublin, Ireland.
OCBC goes all Touché feely for biometric-based payments
All at the touch of two fingers.
Maybank makes a Grab for cashless payments in Malaysia
Bank and ride-hailing service team up.
Transactive Systems gets FCA e-money licence
Its sponsor for the Faster Payment Service is ClearBank.
Kabbage plans payment processing by year end
To help it compete with ever-rising fintech giants such as PayPal and Square.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
Flywire’s invoicing service emerges from beta
US company adds new international invoicing service to its offerings.
Mastercard Accelerate-s search for fintech mates
New Accelerate initiative to offer tools, tech and investment.
HPS pushes on with open banking platform for payments
Moroccan firm takes PowerCARD Connect-Open API beyond pilot phase.
Bahrain Benefit-s from national payment system
Bahrain’s Electronic Network For Financial Transactions seeks unity.
MUFG and Akamai plan new blockchain payments service
Aim to offer new network from fiscal year 2019.
Infographic: the evolution of international money transfers
From the barter system to Bitcoin.
SMEs and selfies stick for FNB account opening
South African bank unveils selfie authentication… and “businessism”.
UK personal finance app Elifinty preps for launch
For people who see no way out.
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
PayPal to buy iZettle for $2.2bn ahead of IPO
Largest acquisition in its history.
Top fintech stories this week – 18 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
DBS jumps on Carousell for mobile payments ride
Invests in classifieds marketplace’s latest fund raising round.
Swift blockchain test promises bank benefits – but one size does not fit all
Deutsche Bank shares lessons learnt.
PayTech Awards 2018: shortlist unveiled!
Who are the lucky finalists?
Revolut introduces new payment sharing feature, Near Me
Now you can send money to nearby strangers.
Cardlytics inks paytech deal with JP Morgan Chase
Also announces strong Q1 financial results.
Circle raises $110m and creates dollar-pegged cryptocurrency coin
Each token backed by reserves of US dollars.
CBA, Microsoft and KPMG Wiise up to Australian SMEs
Cloud solution designed for payroll and banking.
CardFlight and Paya team for EMV-ready mPOS solutions
Enabling Paya to offer CardFlight’s SwipeSimple payment acceptance solutions to its merchants.
Danske Bank Spiir-ed into first fintech investment
Hot for Spiir’s budget app.
African payments firm Cellulant raises $47.5m
Helped by The Rise Fund – marking its debut on the continent.
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.
Opinion: blockchain is not only crappy technology but a bad vision for the future
No matter how much blockchain improves it is still headed in the wrong direction.
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.
