Mastercard and Samsung sign Pay on Demand partnership
The two firms aim to arm businesses in emerging markets.
The two firms aim to arm businesses in emerging markets.
Newly established Iraqi bank picks ICSFS over five other providers.
The collapse of Yes Bank is causing ripple effects for UPI partners.
The founder previously built French digital bank Fortuneo.
“I think the pain points are quite similar across different income levels,” says co-founder.
The AI assistant can predict cashflow, spending patterns and forecast balances.
Canadian credit union shifts to new system to drive “flexibility”.
FinTech Futures’ weekly news round-up.
The deal builds on Accuity’s account validation solutions for FIs.
European regulator encourages flexibility in reaction to the virus.
Santander hopes the deal will enhance its global trade platform operations.
The neobank will apply a 0.25% markup, with no other fees.
UK watchdog tells investors to be wary of deals too good to be true.
“This is a crucial investment,” says co-CEO.
As of February 2020, year-over-year deal counts were down by 22%.
Also this week, Wirecard teamed with Southeast Asian ride-sharing firm Grab.
PeP moves to Nets with expected net revenues of roughly $62 milllion for 2020.
P2P firm reacts to poor year in external markets by cutting back.
Payments firm plans to extend product development.
The sale is “understood to have seen Neyber’s assets sold for a meagre sum”.
New York-based challenger plans to splash the cash on customer acquisition.
The white-label service was incubated at SC Ventures.
“If our systems fail, a big part of the economy would fail,” says exec.
Western Union agreed to pay $586 million in monetary relief following a 2017 scandal.
The partnership will begin in Malaysia, the Philippines and Singapore.
US regulator claims bank opened credit accounts without customers’ permission.
A banking offering will engage customers beyond just improving credit.
A further five-year delay is put down to “turbulent stock markets”.
UK watchdog concerned that non-switching consumers are left out of pocket.
HSBC’s female employees are earning nearly half of what their male counterparts are.
Rizq plans to benchmark itself as close as possible to existing challengers.
The banks are also deferring customers’ payments on loans and mortgages for up to three months.
Colorado-based firm brings total funding raised to $18 million.
The private banking tech vendor plans to boost solutions with AI.
The move marks a shift in the business from financial to digital services.
Lagos-based Paga holds more than 14 million customers across Nigeria.
The bank claims businesses will receive loans in minutes.
The acquisition marks Greensill’s move into payday finance.
UK bank to deploy Google cloud services to “improve customer experience.”
The neobank currently only has one banking licence in Lithuania.