Amazon brings money management to Prime for businesses in the UK
It also offers tailored advice when buying.
PayTech
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Access to payment systems on the rise
There are more indirect access providers in the UK market than ever before.
Linio Colombia and Ingenico ePayments partner up
Ecommerce is booming in Colombia.
Bank of Ireland UK sells credit card portfolio for £530m
Jaja will become the consumer credit card issuer for the bank and the AA.
APC outlines digital payments priorities
Resilience, interoperability and financial crimes are among the key focus areas.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
SIA deploys new POS terminal network in Greece supermarkets
Market In will accept contactless payments.
Visa expands token and ticketing services with Rambus’ portfolio
Visa will develop its tokenisation services to support commerce.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Mastercard and P27 to launch Nordic real-time payments system
The partners aim to build a world-first system across the region.
Pineapple Payments acquires CardChamps portfolio
Both firms are based in Pittsburgh, Pennsylvania.
Three old-school self-service strategies to ditch – and what to do instead
The ATM is the only channel that provides cash access anytime, anywhere. Take advantage of its huge potential!
Software provider Access Group acquires Eazy Collect
The UK firm will expand its payment processing capabilities.
Video: fintech news weekly round-up – 24 June 2019
Facebook’s new crypto is here!
State of play in response to PSD2 in Italy’s banking sector
The experience of the Italian financial community with CBI Globe.
CIMB Niaga and Liquid Group spearhead Singapore-Indonesia payments
Partnership follows successful trial at Changi Airport.
Celero acquires Elmhurst and Tandem
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
Xero and Stripe team up to help small businesses get paid faster
A champion move to help small businesses (SMBs) get paid faster and give them more options on how they get paid.
Tieto buys Nordic banking tech rival Evry for €1.3bn
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
Berkshire Bank commits to RTP with Global PayPlus selection
Massachusetts-based Berkshire Bank has chosen Finastra’s Fundtech-derived Global PayPlus for connectivity.
Ask the expert: your questions on growing the business answered
How can I generate awareness of my fintech among potential investors and target clients with limited resources?
Bottomline partners with Starling to provide real-time payments
Banks and corporates sometimes struggle accessing the Faster Payments Scheme.
Gold payments firm Glint Pay receives £5m funding
It will help the firm push its US expansion.
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Canada’s Stack teams up with Payment Source
The partnership aims to target millennials.
Fintech: changing lives and promoting inclusion across the globe
164 million migrant workers and 800 million people around the world today are directly supported by remittances.
SIA and Colt join Swift as ESMIG connectivity providers
Single market access is scheduled from November 2021, with the ECB overseeing the tender process.
Trustly to merge with PayWithMyBank
Trustly and PayWithMyBank will combine into a global payments entity with revenues of more than $120 million in 2018
Reserve Bank of Australia calls for better NPP access and roll-out
The regulator’s report makes 13 recommendations for the New Payments Platform.
Challenger banks in Canada: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
Bento unveils Venmo-style digital payment solution for SMEs
Bento Pay will only require the payee’s email address in order to send payments.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
E-wallets and beyond: are cryptos the next step in online casino transactions?
Challenging the dominance of traditional banks within the online casino industry.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
Circle Pay shuts down
Circle Pay app accounts will undergo changes starting on 8 July 2019.
Interview: Dan Makoski, Lloyds Banking Group – grand designs
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
Paytech Verrency raises $6.9m in funding
The Aussie fintech will use the funds to fuel the company’s international reach.
SME payments firm SpotOn to build on growth with $40m funding
The fintech has grown by more than 400% in 12 months.
Immedis secures €25m for payroll and tax tech
The Irish paytech will create over 200 new jobs in the next 18 months.
