PayTech
SoftBank trials blockchain-based mobile payments
Teams with Synchronoss and TBCASoft for proof of concept.
Paysend debuts global account
Built by a team of ex-Revolut engineers and designers.
Sociable payments start-up B-Social boots up in UK
“Avoid those awkward moments with just a few taps.”
UK mobile money manager Zeux thunders into view
The sky parts as a new firm aspires to be a fintech god.
Bezos and Gates back Wagestream’s £4.5m funding round
Start-up launches “get-paid-as-you-go” service in UK.
India Post Payments Bank opts for FSS payment stack
Bank is targeting rural households and SMEs in the country.
Natixis Payments selects Swift for instant payments
Swift will provide connectivity to Target Instant Payment Settlement (TIPS).
Onfido helps customer onboarding for paytech Volopa
Will use Onfido’s machine learning-based tech for its multi-currency prepaid card business.
Halyk Bank Georgia in e-banking tech revamp with Asseco
Asseco Customer Banking Platform now live for retail clients of Halyk Bank Georgia.
OBIE freshens up open banking standards
Version 3.0 covers all products with payment capabilities.
INTL FCStone acquires Swift Service Bureau from PayCommerce
“This acquisition increases our technological infrastructure.”
Payment Cloud Technologies and Tuxedo Money merge in €70m deal
New firm Omnio to offer cloud-based banking and payment services.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Interview: Serena Smith, FIS – payments at the speed of change
The payment industry’s massive changes, its goals, and how they change around the globe.
UK’s New Payment System Operator opens developer portal
PSPs and billers are cordially invited to develop “Request to Pay”.
South African paytech Yoco raises $16m funding
Round led by Partech with participation from Orange Digital Ventures.
FIS sells Certegy cheque business
Certegy Check Services sold to Variant Equity Advisors.
Visionet and SmartPesa unleash Mobey payment service in Indonesia
Solution is designed for financial institutions and merchants.
Elavon expanding merchant payment line with ETS acquisition
US Bank subsidiary buys Virginia-based Electronic Transaction Systems.
NAB adds another $50m to VC fintech fund
NAB Ventures up for more start-up adventures.
MoneeMint to become Europe’s first ethical digital bank
Ummah Finance rebrands as MoneeMint to bring “fresh banking experience” to millennials.
Australia’s banks turned on by Osko for new payments platform
After a six-month delay, Westpac and ANZ are now rolling with it.
UK start-up Tailord to launch fitting fintech products
Will offer a payments ring, online account and cash loading.
Hungary’s instant payments system to go live in 2019
GIRO and Nets say system will go live on 1 July 2019.
What is “$2 Bill Fintech?”
Labor Day is behind us, and FinovateFall (Finovate’s flagship New York event) is approaching quickly.
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.
