Streamlining remittance, empowering migrant workers & driving inclusion worldwide
The ability to send money home is critical, but not always easy for migrant workers.
PayTech
UK fintech Fly Now Pay Later lands £35m Series A
The start-up says it will use its investment to help “reboot” the travel industry.
MoneyGram and Federal Bank tie up remittance partnership
The partners will offer direct-to-account crediting.
Ghana becomes first African country to introduce universal QR code
Both smart and ‘yam’ phones can pay through QR codes.
Niche Global picks Volante to underpin European entry
Hong Kong payments firm plans market expansion with Volante.
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
Partnerships to drive industry forward in post-COVID world
The coronavirus pandemic has caused immediate changes to the financial services industry.
Modulr lands £18.9m in growth funding to fuel market expansion
The latest investment takes Modulr’s total funding received to £53.3 million.
Absa rolls out PowerCARD across Africa with HPS
Absa started working with HPS last year.
Swedish financial regulator picks BearingPoint to boost data analysis
The Financial Supervisory Authority plans to digitise EBA, EIOPA, and ESMA reporting data.
IBM signs payments modernisation deal with 75 Canadian credit unions
Big Blue to outfit Canadian CUs across three provinces.
Thai payments start-up Digio raises $4 million in Series B funding
The round featured Thailand’s interbank payments provider.
Merchant payments fintech Primer raises £3.8m
The newly-launched fintech has secured investment from Balderton Capital.
Making a case for payment initiation services (PIS)
It’s a cheaper, faster & more secure method for online payments, so why aren’t PIS being more widely used?
How UK fintechs can help SMEs accelerate payments digitalisation
There are a number of issues for SMEs when it comes to cash transactions.
Singapore payments fintech Nium lands investment from Visa
The round is thought to be worth between $75-$100 million.
Payments start-up Banked raises £2.3m in seed funding
Real-time payments firm aims to challenge incumbent dominance.
How to future-proof your business payments in the age of open banking and API solutions
Let’s dive into the ‘HOW’ of this innovation that has made payments simpler and far more secure.
Tencent buys 5% stake in Aussie fintech Afterpay
It puts Afterpay at a market capitalisation of more than AUD 8 billion ($5.1 billion).
Mastercard promotes UK president Barnett to EU role
Barnett is expected to join the management committee on 1 June.
India’s FSS helps Fair Play deliver online payment acquiring
Fair Play is deploying FFS’ Payment Gateway and Merchant Hub.
Safaricom and Visa sign M-Pesa partnership
The two firms will work on developing new products for the African payments platform.
KPMG’s Wirecard audit fails to verify payments processing profits
Six-month investigation into the German firm encounters stumbling blocks.
EU payments bodies call for further SCA delay
An open letter sent to the EBA recommends a June 2021 deadline.
JP Morgan picks Taulia for supply chain finance boost
US bank aims to improve customer experience on the corporate side.
Owning customer relationships is a key priority for banks in the era of open banking
The number one concern, unsurprisingly, is ensuring online security.
Ask the expert: how can I get to grips with the complexities of the financial services industry?
Key players, party models, easy ways to begin building relationships, and tips for establishing partnerships.
Paysafe partners with Gala Technology to open SOTpay channel
The two firms will work on enabling more transactions for merchants.
Anyday and Clearhaus to take on payment giants in Norway and Spain
“We’re ready to take on the giants,” says Anyday’s CEO.
People power: tracking demand for biometrics in payments
56% of consumers would prefer to use a biometric sensor on their payment card instead of a PIN.
US unicorn AvidXchange lands $128m
The fintech is already backed by PayPal co-founder Peter Thiel and Mastercard.
Worldline continues acquisition streak with ecommerce gateway GoPay
Worldline will take over 53% of the stake in GoPay, and buy the rest in 2022.
Webinar: Swift gpi is a chance for payments modernisation
Opportunities beyond meeting the minimum exist for banks embracing gpi.
Paytm Payments Bank partners with Mastercard for physical card rollout
Beta users of the bank will be first to receive the new cards.
Google plans debit card launch in the US
Google is preparing to launch an Apple Card rival soon.
Wirecard signs payments processing partnership with Visa
The two firms will work on Visa’s Fintech Fast Track Program in the Middle East.
Airwallex raises $160m in Series D funding to fuel global expansion
Payment unicorn plans acquisitions, partner programmes, and more.
Auriga snaps up LDM security platform from S21sec
Italian technology vendor Auriga has acquired ATM cybersecurity platform Lookwise Device Manager (LDM) from Spanish security firm S21sec. Auriga plans to integrate its new acquisition into the WWS software suite, designed for security monitoring and control of networked devices including ATMs, point of sale, and payment control systems. Designed as an integrated security solution, Auriga […]
What the Fintech? Episode 3 | Digital disruption: Bitcoin and stable coins
Tune in to hear what Gemini’s MD for Europe, Julian Sawyer, thinks about digital currencies.
Hi-Pay launches Mongolian payments gateway with ACI Worldwide
Hi-Pay selected ACI’s UP eCommerce Payments system.
