Montserrat gets blockchain Bitt for digital payments
Get that atlas out! Barbados-based Bitt’s DLT to fuel ecosystem for small Caribbean island of Montserrat.
PayTech
Hackers steal $6m from Russian bank via Swift
Russian central bank disclosed the information… very discreetly.
Coinbase launches crypto e-commerce acceptance
Digital currency wallet Coinbase is expanding its horizons with the launch of Coinbase Commerce.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Saudi Arabian Monetary Authority pilots Ripple payments
SAMA like it hot for blockchain-powered payments.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Revolut uses GPS for FX app launch in APAC
Starting with New Zealand, Singapore and Japan.
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.
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.
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.
Top fintech stories this week – 9 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
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.
The ups and downs of cryptocurrencies
Predicting what will happen to Bitcoin and other cryptocurrencies has become a cottage industry.
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”.
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.
Industry alignment or industry confusion – what is a financial institution?
How industry labels and market segment boxes are no longer so revealing.
Urban FT takes over troubled Digiliti Money
Digiliti Money will merge into Urban FT’s affiliate, FinTech Imaging Solutions.
PSD2: empowering banks and customers and not devaluing them
With the PSD2 compliance deadline having just passed, in this series we speak to some of the relevant firms both in and out of the U.K. about what this means for them and how the industry should move forward. In this installment, Finovate speaks to Brian Costello, Chief Information Security Officer, Envestnet | Yodlee about what […]
Handle Financial’s Prism mobile app reaches $1bn in bills paid
Also, Prism has recently surpassed 11,000 billers across the US.
Tuition.io to power student loan repayment for Estée Lauder employees
Student loan repayment platform Tuition.io has landed a major client in the US, Estée Lauder.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
CollectAI partners with Pay360 for UK launch
Accounts receivable and debt collection management company collectAI has made inroads into the UK.
