AI and ML curbing financial fraud
A never-ending cycle in the good guy vs bad, but good folk are now gaining ground.
PayTech
Australia’s New Payments Platform: Adventureland
The payments reforms in Australia are going full steam ahead.
Ink Protocol and Kleros to tackle P2P marketplace transaction disputes
They seek justice. It is written onto the Ethereum blockchain.
Fleetcor unveils pilot payments programme with Ripple
New pilot will explore use of digital asset XRP.
Third of UK customers ready to trust tech firms with bank account
Customers happy to sign over access to their financial data to “trusted” tech companies.
Bank of England guv’nor gives cryptocurrencies grief
BoE-ring! Carney joins critical-of-cryptocurrencies crowd.
US Fed preps for next phase of payments push
All part of Fed’s ambition to revamp nation’s payments system by 2020.
UK challenger Revolut rejoices as it breaks even
Revolut is leading the charge for challenger banks by breaking even for the first time.
Ingenico brings touch of glass to PIN payments
Users can insert cards in compact smartcard reader and enter PIN on personal mobile device of merchant.
PayPal settles FTC complaints over Venmo vagueness
FTC reaches settlement over allegations that PayPal provided inaccurate payments information to Venmo users.
Bean plans to be kernel of UK comparison apps
Gets FCA approval to launch its payments service across the nation.
Signifyd to provide guaranteed fraud protection to Corra’s e-commerce clients
Guaranteed fraud prevention technology for Corra’s high-end enterprise retail customers.
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
CaixaBank and Visa take it up a watch with Garmin Pay
Watch out fintech folks, Spain gets a wearable look.
Fintech funding round-up: 28 February 2018
Features Babb, Payslip and a global reminder.
Facebook Messenger fuels Mastercard’s payments pursuit in Africa and Asia
Pilot in Nigeria is start of larger plan to get more businesses into their version of digital economy.
Global VC investment in fintech reaches record $27.4bn
Driven by surge in India, US and UK, Accenture analysis finds.
PSR plays protector in payment scam fight
New industry code on the way to deal with consumer complaints about APP scams.
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.
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.
Infographic: all things Amazon
Check out this nifty infographic created by 16best.net about all things Amazon.
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.
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.
ForgeRock Trust Network onboards Entersekt as principal tech partner
Bringing ForgeRock’s customers “powerful, proven authentication options”.
Infographic: what is cryptocurrency?
Everything you need to know about what cryptocurrency is and how to use it.
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.
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.
