Supporting a changing workforce: real-time payments and the gig economy
Instant access by gig workers to their pay will create a healthier and more sustainable gig economy in the long-term.
PayTech
The power of the collective
Martha Mghendi-Fisher is creating a community – a tribe – for women in the financial services industry.
FinTech Futures Jobs: six skills that can get you hired in fintech
The global market is predicted to grow at a rate of 25% annually – plenty of opportunities for job seekers!
PayPal brings crypto further into mainstream with wallet update
PayPal landed the first conditional crypto licence from the NYSDFS.
Afterpay signs up to Westpac banking-as-a-service platform
Afterpay plans to launch a savings account on the Aussie bank’s software.
Line launches messenger-based banking platform in Thailand
Line has developed and operates the service in collaboration with Thai bank Kasikornbank.
Visa and Mastercard abusing UK duopoly, say retail groups
The major card schemes are accused using their position to charge increased fees.
Canadian invoice firm FundThrough raises $50m to support SMEs
FundThrough aims to eliminate the “wait” for SME payments
Russia’s Yandex and Tinkoff scrap $5.5bn deal
Internal email suggests agreement was lost on nature of the merger.
Stripe acquires Nigerian start-up Paystack in $200m deal
Paystack has 60,000 business customers across Nigeria and Ghana.
PayPal adds interest-free instalments to its UK wallet in BNPL play
Two thirds of British millennials use BNPL services.
Central bank digital currencies – don’t get the popcorn
If the art of the possible is being explored, the art of the valuable remains elusive.
Fintech Razorpay becomes India’s fifth unicorn during COVID-19
By 2025, Razorpay wants to have 50 million business customers.
Marqeta bags undisclosed Mastercard investment
“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.
Bulgaria’s Paynetics swoops in to buy part of Wirecard UK and Ireland
“Paynetics showed up as the white knight,” says Wirecard.
Crédit Agricole subsidiary Linxo unveils bank transfer payment solution
The solution is already connected to the main banks in France which have opened up their APIs.
Affirm files IPO application, but financials are confidential
Fintechs in the BNPL space have seen their valuations rocket.
Global card spend grows 13% in 2019, mostly down to China’s UnionPay
That’s according to a new report by Retail Banking Research (RBR).
Mastercard and Ethoca deliver greater transparency in digital banking applications
All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.
Banking Technology October 2020 issue out now
Educate, advocate, invest: It’s not enough for companies to pay lip service.
FinTech Futures Jobs: eight tips for landing a job in a new city
And make sure to check out Fintech Futures Jobs for a variety of excellent vacancies!
Sibos 2020: Future artist
I see growing companies. I see ambitious professionals. I see evolving stories.
Sibos 2020: Industry has widespread “dissatisfaction” with transaction monitoring
Costs, compliance and confusion need to be solved by new technology, says panel.
Nexi and SIA seal €15bn mega-merger to form “Europe’s largest” payments provider
The two have around two million merchants, and around 120 million cards.
Daily News at Sibos 2020
Download your free copy of the Sibos supplement today!
Sibos 2020: Banking Circle launches POBO and COBO payments transparency solutions
The solutions are available globally through Swift, Faster Payments, CHAPS, SEPA and local clearing.
Does Europe really need its own Big Tech?
Almost a third of consumers find the idea of banking with a Big Tech appealing.
South African association predicts the death of the cheque
PASA says it’s willing to help banks make the transition.
Wirecard operations cease in Singapore, MAS slaps down more charges
Wirecard SG needs to return all customer funds within the next two weeks.
The cloud promises unprecedented agility, and the time to create a roadmap is now
To gain the agility to compete in the modern banking environment, build and invest with the cloud in mind.
Swift launches project for “brilliantly simple” SME cross-border payments
The messaging and infrastructure network makes next step in new strategy.
Airwallex adds $40m to Series D round, hits $200m raised for 2020
Aussie-founded fintech plans to use cash to expand into new markets.
National Australia Bank pens merchant acquiring deal with Pollinate
The deal also sees NAB invest in the London-based fintech.
Old dogs, new tricks and procurement
It’s time for the banks to work together to standardise their onboarding processes and documentation for fintechs.
Jobs of the week: four exciting fintech roles you can apply for right now
FinTech Futures Jobs: featuring vacancies at Monzo, OakNorth, BNY Mellon and more!
PayTech Awards 2020 now on YouTube: celebrity host, comedy stand-up, winners and more!
Watch Zoe Lyons perform her stand-up and unveil the winning projects, companies and people of PayTech Awards 2020.
MineralTree raises $50 million, acquires Inspyrus and Regal Software
Accounts payable firm plans to take firm grip of mid-market segment.
SpotOn secures $60m Series C funding round from DST Global
The latest round puts SpotOn’s total raised at $190 million.
The shifting ground of payments: are banks and SMEs aligned?
It’s safe to assume that in time, every business and consumer will expect immediate settlement as a norm.
Mode CCO: Alipay success can be replicated in the UK
With an IPO looming, Mode has got a busy year of business ahead of it.
