Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayTech
Third party expertise the key for fintechs to unlock open banking potential
Identifying and partnering with regulated third parties is the key to seizing the market opportunity.
Garmin Pay just the ticker for Starling Bank
Watch out for this new contactless payment option.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
Walmart buys $16bn share in Flipkart
Becomes largest shareholder in Indian e-commerce marketplace.
TSYS teams with 118 118 Money for UK credit card programme
Paytech and lendtech firms sign long-term agreement.
Nordea plans payments perfection with Connect injection
For online buying for consumers and merchants.
Infographic: Europe Day, payments and e-commerce
“Only 7% of EU businesses currently sell cross-border within the union.”
Swedish payments firm iZettle plans IPO
IPO expected to be completed this year.
Deutsche Bank and major airlines in “game-changing” paytech pilot
Deutsche Bank to collect customer payments directly from consumer accounts under PSD2.
Splitit expands payment options with debit card instalments
Splitit (formerly PayItSimple) has launched an instalment payment solution for debit cards.
Global Findex 2017: financial inclusion on the rise but gaps remain
Globally, 69% of adults – 3.8 billion people – now have an account at a bank or mobile money provider.
New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
JP Morgan Chase to patent blockchain-based interbank payments tech
Application filed with the US Patent and Trademark Office.
Top fintech stories this week – 4 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Nubi turns to Mambu for core banking tech
Nubi selects Mambu to underpin its digital services in Argentina.
Banking Technology May 2018 issue out now
All encompassing. Right place, bright time.
Open banking platform Token authorised by FCA
Token is now an official AISP and PISP in the UK.
Bacs and Faster Payments transferred to New Payment System Operator
Bacs and Faster Payments process a combined £6.3 trillion worth of payments annually.
Erste Bank Hungary in paytech revamp with ACI Worldwide
Erste Bank Hungary (EBH) implements ACI Worldwide’s UP paytech suite.
Wirecard provides paytech to global bank account Denizen
Paytech Wirecard is working with BBVA-backed start-up Denizen on its global bank account.
ATB Financial outsources bill paytech to Central 1
Central 1 Credit Union has signed ATB Financial for its Bill Payment Processing Services.
PSD2 and the need for common security standards
Common standards for secure data exchange and robust authentication of PSPs’ interfaces are needed.
Acorns Australia rebrands as Raiz Invest; Westpac and Assembly Payments team up
Acorns Australia, an app that uses small change to invest, has rebranded as Raiz Invest.
Dosh raises $44m, PayPal among investors
PayPal headlines Dosh’s $44m payday for advertising-rebate business.
E-commerce spotlight: Yandex.Money – advantage Russia
Yandex.Money CEO, Ivan Glazachev, talks about what is driving his business and wider e-commerce trends in Russia.
Start-up e-Doley Finance takes BGFI Bank to court
Not all bank-fintech collaborations have a happy outcome.
Banking – it’s a safe bet branch banking no longer need safes!
There’ll come a time when carrying cash into the bank will be cause for a mild-panic attack for branch office tellers.
Top fintech stories this week – 27 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayTech Awards 2018: tips on how to write a winning entry
The entry deadline is Friday, 4 May.
Payworks teams up with fellow paytech in Ghana, Hubtel
Payworks is working with Ghana’s Hubtel to enable merchants in the African nation to accept payments via their Hubtel POS app and EMV credit card reader, reports David Penn at Finovate. The two companies have been collaborating since the beginning of the year, integrating Payworks Pulse payment gateway technology to make Hubtel the first fully […]
Draft of US faster payments governance framework unveiled
Stakeholders encouraged to comment over next 60 days.
Nets, Fingopay and Copenhagen Business School pilot finger vein payments
Pay with the touch of a finger.
HSBC live with Swift gpi
160 banks worldwide have signed for Swift’s global payments innovation (gpi).
FairFX posts first full year profits
CEO of FairFX describes the year as “ground-breaking” for the company.
Nubank turns to Acesso Digital for facial biometrics tech
Brazilian fintech Nubank leverages facial biometrics to help combat credit card fraud.
FNB to launch m-wallet for South Africa’s underbanked
FNB estimates the size of the market for its m-wallet service at over 11 million people.
Phew, PayTech Awards entry deadline extended!
The final chance to enter is Friday, 4 May 2018.
iZettle squares up to Square with e-commerce platform launch
“Biggest product launch since 2011.”
Checkout first PSP to accept payments via Saudi Arabia’s domestic network
Mada’s got it made in the Kingdom.
