Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
PayTech
WorldRemit launches international transfers to UnionPay cards
It has been enabled by a partnership with Merchantrade.
Tencent takes a gamble on Argentina’s Uala
The amount of the equity investment has not been disclosed.
NatWest unleashes first biometric card in the UK
It recently released a new biometric payment approval feature
SoftBank invests €900m in Wirecard for APAC push
Wirecard is struggling amidst fraud investigations.
Video: fintech news weekly round-up – 23 April 2019
Facebook, Stripe, and Europe’s biggest IPO.
Stripe acquires Touchtech Payments for SCA compliance
The Irish firm specialises in security for online payments.
QR payment firm Citcon raises $5m
Catering for the Chinese market.
T-Mobile launches mobile checking account
With no fees and high interest earning.
Top fintech stories this week – 18 April 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Facebook to drop P2P Messenger payments in Europe
The service will be discontinued in the UK and France on 15 June.
Returnly raises $19m Series B round to help retailers take on Amazon
Former PayPal stars David Sacks and Max Levchin’s companies are on board.
Mastercard acquires Vyze for point-of-sale financing
The ai Corporation has also implemented Mastercard’s Pay by Bank feature.
Merchant platform Pine Labs acquires Qwikcilver for $100m
Actis is increasing its investment in Pine Labs as a result.
Indian payments fintech Cashfree closes $5.5m Series A round
Investment will fund team expansion and distribution of API banking platform.
Europe’s biggest IPO of 2019 sees Nexi raise €2bn
Company is now valued at €7.3 billion.
The power of mindset: gender balance in the payments industry
Shaping corporate cultures to be more inclusive and making a positive social impact.
Virtual card platform Extend raises $11m
The funding takes Extend’s total capital to $14 million.
Rapyd and OCBC offer Singapore’s first instant mobile payments solution
Partnership leverages national PayNow transfer service.
PayU acquires Wibmo for Indian mobile payments fun
It also has other high growth markets in sight.
Banking Technology April 2019 issue out now
Fintech spring is here, bringing the world colour.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Human Plus releases crypto payment ecosystem HupayX
Standing up to big players like Mastercard and Visa.
PayTech Awards 2019: meet the judges!
Deadline to enter the Awards is Friday, 12 April!
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
How to ensure your financial institution doesn’t survive past 2030
Free up your staff to work for more forward-looking organisations!
PASPX in tech overhaul with Temenos
PASPX was founded in 2008 and holds an e-money licence.
SocGen to offer payment services throughout Europe with Elavon
This includes United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland.
Bento for Business partners with Visa
The Visa card replaces the company’s Mastercard prepaid card.
Onfido raises $50m for fraud battle boost
It brings the firm’s capital to more than $100 million.
Crown Agents Bank bags Segovia’s payment gateway business
The bank provides payment services in frontier markets.
Boost Payment Solutions closes $12m funding
Aimed at raising its profile to provide payments across industries.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
Truevo targets fintech market with help from Temenos
Temenos will power digital end-to-end payments.
Bill.com raises $88m for business payments push
Led by Franklin Templeton with participation from Mastercard, Fidelity Investments Canada, among others.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
TransferWise to float stake for fundraising
It is rumoured that it is being organised by investment bank Goldman Sachs.
