Form3 shows good form with $13m funding
Aimed at expanding beyond the UK.
PayTech
France’s Casino Group takes 5% stake in Lyf Pay
Casino bets on making “shopping experience richer” via mobile firm.
Visa making a stand in India with BillDesk investment
As it faces fierce local competition.
US regulator plays hardball over ICO securities
Yo fintech! Don’t mess with the Securities and Exchange Commission.
Paytech Sezzle sizzles with $100m line of credit
Alternative e-commerce payment system is so hot right now.
Singapore regulator makes payments top Bill-ing
Monetary Authority of Singapore finalises its Payment Services Bill.
Barclaycard wakes up to Costa Coffee’s contactless cup
UK’s first reusable coffee cup with integrated contactless payment technology.
US Faster Payments Council alive and kicking
FPC plans pacey paytech for all.
Initiative Q queues up new payments network
Israeli entrepreneur Saar Wilf first wants to create a critical mass of users.
The transformation of the European payments landscape
Instant payments are becoming the new normal.
Banking Technology November 2018 issue out now
Fintech inception. Ideas come to life.
Thank Mbanq for its first Banking-as-a-Service accelerator
Silicon Valley-based bank chooses Singapore as first location.
Ingenico and Sberbank enable MIR cards for online purchases
Allowing Russian consumers to make international online purchases.
Russia’s BCS Financial Group gets UK banking licence
Plans to develop integrated payment and investment model.
Bitcoin Cash hard fork creates civil war
Bitcoin Cash (BCH) network splits in two – and views are not so civil.
Ripple’s blockchain sends speed to CIMB’s payments network
CIMB’s product SpeedSend has corridor with Australia, US, UK and Hong Kong.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Digital receipts fintech Slyp-s into the market
Easy to use, easy to set up.
Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Jaja Finance teams with ASDA for JajaPay launch
Firm offers white-label consumer credit facility.
Revolut to get $500m boost from Softbank
To enable US expansion.
Sizing up the real threat of challenger banks
Challenger banks’ current profitability is almost entirely unrelated from the threat they pose to incumbents.
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
UK’s Nationwide takes stake in financial manager Moneyhub
Building society’s investment gives it a minority stake.
MUFG and Bradesco create Ripple-s with new cross-border payment service
Planned service between Japan and Brazil will use Ripple’s technology.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Pay.UK seeks better data for New Payments Architecture
Calling for fintech to contribute to its “Enhanced Data” project.
Cambodian paytech Clik-s with £2m funding
Round led by Limestone Technology and OpenWay.
Singapore Exchange and regulator in cross-DLT settlement breakthrough
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
Southeast Asian consumer finance firm Akulaku gets $70m funding
Round includes support from Sequoia India and BlueSky Venture Capital.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
Marshall Islands take on Chinese might in crypto fight
President claims it’s a ploy to turn it into a “country within our own country”.
eToro launches GoodDollar for social good
Seeks to reduce income inequality with a new cryptocurrency.
Invisible payments: finding success in a convenience-driven market
What gives innovations staying power in the payment industry?
Mash and Nets partner for pay later solution across Nordics
Will be first available in Finland and Sweden.
NatWest and JP Morgan fuel TransferWise’s £65m funding
Syndicated debt facility also includes help from LHV Bank.
Fingerprints all over Intesa Sanpaolo’s biometric contactless card trial
The card is provided by Gemalto through the bank, with technology from Zwipe.
American Express breaks into China’s payments market
First US credit card company to get Chinese central bank approval.
Five considerations for a successful rebrand
Rebranding is a self-discovery and reflection process, and as much about the journey as the destination.
