GPS secures $300m investment to boost product development and global expansion
New financing follows an undisclosed investment from Visa last year.
PayTech
2022: What’s on the cards for London’s fintech scene?
What lies ahead for the UK fintech sector in the new year and beyond?
CBI: Collaborative open finance ecosystems for a market success story
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
UK contactless payment limit rises from £45 to £100
Some call for customer-set limits as contactless becomes more regular among users.
French fintech Swile lands $200m investment to drive Latin American expansion
Start-up also plans to release two new digital-led products.
Dear Luc: Why are people so divided about the £100 contactless limit?
The latest increase has been met with concern and confusion.
Sibos 2021: CBDCs important to future of industry, says SocGen CEO
Speaking at Sibos 2021, Frédéric Oudéa says CBDCs “might be more efficient than, and might replace, cash”.
Sibos 2021: Major payments bodies join forces for new cross-border project
The Immediate Cross-Border Payments project also involves 11 financial institutions.
Sibos 2021: ISO 20022 “isn’t the solution to all your problems”, says panel
Payments panel at industry conference cautions sector about incoming standard.
Australian paytech Till Payments lands $80m in Series C funding round
The cash will be used to spur the firm’s global expansion plans.
Daily News at Sibos 2021
Download your free copy of the Sibos supplement today!
Santander spins out Getnet Brazil with plans to form “merchant acquiring franchise”
Move will see Getnet brand expand internationally under bank’s PagoNxt fintech arm.
Creator-inspired fintech Superjoi to provide financial partnerships with fans
Platform aims to connect content creators with their audience to share revenue.
Coastal Community Bank picks Finzly to modernise payments processes
Coastal Community Bank has more than $2 billion in assets under management.
Ex-Singlife execs to launch new Japanese paytech Purasu Money
Purasu to launch under umbrella of new venture SJ Mobile Labs.
UK sanctions enforcement: fintech in the spotlight
Fintechs cannot afford to neglect sanctions compliance and should ensure they understand their obligations.
Have you made these five transformational tweaks to your self-service channel strategy?
A modern ATM fleet equipped with innovative new features and cash recycling technology is essential.
B2B BNPL: how data can drive more financial flexibility
BNPL is the norm when it comes to B2B transactions, but should corporates look to be more flexible?
Banking Technology October 2021 issue out now
Cover story: multi-tusking – how do you eat an elephant?
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
Swan raises €16m Series A to accelerate European expansion
The BaaS platform wants to democratise access to banking services.
Apple Pay contactless exploit allows unauthorised payments from Visa cards
Researchers from UK universities found up to £1,000 can be siphoned from a user’s cards.
Spanish challenger Bankse plans raft of features to win over customers
New bank to provide trading, credit, crypto, wage payment and more.
BIS finds CBDC-blockchain combo outclasses correspondent banking
Its new project, mBridge, experiments with new CBDC combinations.
Kenbi launches in Israel to help merchants approve payments
New fintech aims to sit atop payment flows and enable easier transactions.
Payments fintech Highnote emerges from stealth with $54m funding
The card issuing platform will help SMEs compete with ecommerce giants like Amazon.
Ascend Money becomes Thailand’s first fintech unicorn with $150m fundraise
Thai fintech plans to boost financial inclusion efforts in Southeast Asia.
Aussie BNPL firm Zip targets Indian expansion with ZestMoney investment
The investment underlines Zip’s strategy to capitalise on the high-growth Indian BNPL market.
Dear Luc: How do I get a slice of the BNPL pie?
This week someone asks: I want to add BNPL to my service, what do I need to consider?
Exclusive: Santander’s PagoNxt to discontinue PagoFX app to refocus on trade services
Users will no longer be able to use the service to send payments after 30 November.
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Bhutan central bank partners with Ripple to pilot CBDC
The CBDC pilot with the South Asian country is designed to boost financial inclusion.
Oy! Indonesia raises $30m in Series A funding round
Payments firm aims to help SMEs transact digitally.
Barclays hires payments veteran Antony Stephen to boost BNPL solution
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
Paytech Recharge eyes global expansion after $35m investment
The Series B round culminated in one of the largest investments into a Dutch startup in 2021.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
London gains new unicorn as TrueLayer raises $130m in Series E round
Open banking payments firm raises largest round yet from Tiger Global Management and Stripe.
A perfect storm: cash collection and the rise of digital payments
The cashless society has been anticipated for decades, with the pandemic now accelerating its arrival.
Pine Labs secures $100m investment to fuel further growth
The Indian fintech has now raised $700 million this year.
Video: fintech news pick of the week – Mastercard, Papaya Global & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
