What the future of payments and cryptocurrencies will look like
Three key factors currently preclude cryptocurrency from gaining widespread payments acceptance.
PayTech
SoftBank, Yahoo Japan and Paytm make mobile payments mammoth
Smartphone payment service called PayPay. Genius!
How loan providers will be using blockchain
The concept of blockchain is still very alien to many.
Stripe lines up APIs for programmable payment cards
APIs rule for US mobile payments firm.
Isbank opens API portal in Turkey
Initially offering 14 APIs for developers.
CloudTrade secures £2m investment from Calculus Capital
Cloud-based docs are finally in demand.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Switch brings voice tech to its CardSavr API
CardSavr will use natural language processing for managing cards on file.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Starling faces payment and app issues, again
The bank struggled with its payment processor in the past.
Payments firm Flywire flying with $100m funding
Singapore investment firm Temasek led the Series D round.
Hitachi and KDDI trial biometric payments on blockchain
They aren’t KDDI-ing with their coupon settlement system experiment.
Coinbase unveils crypto e-gift card for Uber and Google Play
All enabled via its partnership with WeGift.
Swift unleashes gpi for corporates pilot
Corporates and banks to test a new multi-bank payments tracking solution.
Powerful PayPal parades financial prowess
Revenue, income and payment volumes are all up.
Tally ho! Debt management app gets $25m funding
Series B funding led by Kleiner Perkins.
Alipay and Tenpay fined for breaking Chinese FX rules
China wants to keep money within its confines.
FinAccel’s payment app Kredivo raises $30m
Jakarta-based firm plans expansion in Southeast Asia.
Earthport brings in new staff to stop rocky financials
CEO and CFO change as payments company reports increasing losses.
Visa and MoneyGram team up for cross-border payments
Will use Visa Direct, its real-time push payments platform.
Rabobank upgrades card management with ACI Worldwide
To help the bank improve its declining card business revenue.
India’s Zoomcar takes digital ID ride with Onfido
This marks Onfido’s sixth ridesharing partnership.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
UK payments firm SP Group fights for survival
Jobs will be lost as the company calls in the administrators.
LaSalle Capital gets perfect payments present with National Gift Card acquisition
Chicago-based private equity firm grabs some payments action.
Saudi Arabia going mada with NFC mobile payments by Visa
In an effort to digitise the country by 2030.
Why e-wallets are gaining popularity amongst online casino users
Online casino customers are turning away from the traditional bank transfer in their droves.
PSR calls for feedback on card acquiring services
Payment Systems Regulator wants a happy UK payments place.
CardFlight gets down with BoomTown for payments
Mobile POS firm teams with San Francisco-based Boomtown.
Commerzbank turns to equensWorldline for payments processing
German bank signs up for ten years.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
PayU acquires ZOOZ to build cross-border payment platform
With aims to expand to high-growth markets.
Snapchat’s payment service shutting as complications arise
The millennial app has derailed into an erotic picture sale app.
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
KeyCorp and Ingo Money push digital payments platform
Transforming paper cheques and deposits into digital funds.
US personal finance app Even gets $40m funding
Second round of financing led by Khosla Ventures.
Faster Payments issue affects UK banks
Problems for Halifax, Lloyds, Bank of Scotland and Monzo.
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Ingenico turns to MapR for payments data consolidation
Data analytics firm will help Ingenico deal with too much to deal with.
Top fintech stories this week – 20 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
