What is “$2 Bill Fintech?”
Labor Day is behind us, and FinovateFall (Finovate’s flagship New York event) is approaching quickly.
PayTech
Contis gets UK consumer credit licence with Paze acquisition
Also gets a consumer lending system with AI analytics.
Sunrise Banks: the dawn of seamless payments experiences
Social enterprise banking, payments, and creating user experiences by using data.
Warren Buffett’s Berkshire Hathaway invests $300m in Paytm
Berkshire joins Ant Financial, SoftBank and Alibaba as investors.
Case study: Afghanistan International Bank – the road to hope
Afghanistan International Bank faces challenges far more extreme than for most of its counterparts around the globe.
Banking Technology September 2018 issue out now
Elements of fintech, pure in substance.
The perks of taking accounts receivable processes digital
Automated accounts receivable (A/R) management solutions create lasting business value.
Rakuten acquires crypto exchange Everybody’s Bitcoin for $2.4m
Japanese e-commerce firm might get everybody talking.
Australian challenger bank Tyro ties up with Alipay
Says it’s the first Australian bank to integrate with Chinese paytech titan.
Wirecard Brazil widens payments scope
Everyone wants to become more attractive in Brazil.
Line launches cryptocurrency Link
Japanese firm says it will not make an initial coin offering.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Wonga goes bust
It’s now official. UK payday lender enters administration.
Terra firmly raises $32m funding for digital money ambitions
Plans to copy models of payment platforms like AliPay and PayPal.
Ebury becomes first fintech to go live with Swift gpi
Global payments innovation powers on.
Kony partners with Payveris on digital money movement
Includes P2P and A2A payments, bill pay, and fraud mitigation.
Lendstar’s fintech light shines no more
After five years, German firm has filed for bankruptcy.
Azimo partners with Interswitch for cross-border payments in Nigeria
Creating a Europe-Nigeria channel for the underbanked.
Contovista brightens up data for Swiss start-up Neon
Neon will use Contovista technology for its payment data analysis needs.
Compass Plus migrates first processing customer in Americas
Two-month migration for Brazilian prepaid card issuer BPP.
Google gangs up with Indian lenders to find new users
Working with Federal Bank, HDFC, ICICI and Kotak Mahindra.
Salary Finance raises $20m funding to launch in US
UK personal finance firm wants to make waves across the Atlantic.
Stripe and Visa join $8m funding round in African start-up Paystack
Nigerian payments firm also gets help from Tencent and Y Combinator.
Wonga no longer?
UK payday lender on edge of collapse.
Challenger QPay launches for students in UK and Australia
Canberra-based firm also plans to become a bank.
Paytech Paidy sitting pretty with Visa investment
Japanese post-pay outfit goes public with Visa backing.
Indian start-up PaySpoon dishes up mobile credit
Lendtech and paytech firm wants to be a quick fix.
Deutsche Bank takes equity stake in Modo Payments
German bank plans to expand B2B and B2C payments.
PaySimple goes mad for email marketing
Unveils partnerships with MailChimp and Constant Contact.
Top fintech stories this week – 24 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Wrath and woe as Revolut unleashes AML crackdown
Challenger responds: “We’re really not sure what the story is here.”
Malaysian insurer TPM launches SmartPesa’s POS devices
Policy payments on the spot.
Shoeboxed acquired by Earth Class Mail
Receipt and business card digitisation firm unboxes some major news.
Kenya’s Equity Group turns Finserve subsidiary to fintech
Its MVNO is now an autonomous commercial enterprise.
German minister calls for independent EU Swift payments network
To bypass the US sanctions on business with Iran.
Flipkart vies for voice-powered shopping with Liv.ai acquisition
Indian e-commerce firm thinks voice will become a preferred interface.
UK banks urged to drop blame game in fraud claims
Financial Ombudsman Service wants banks to investigate cases more.
First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
Paytm launches AI cloud for India
Designed for developers, start-ups and enterprises.
Alipay unveils paperless tax refund service in South Korea
Aimed at Chinese tourists in the country.
