Mastercard, Visa, eBay and Stripe follow PayPal’s suit and leave Facebook’s Libra
Facebook’s hopes of a global cryptocurrency are hanging in the balance.
Visa
PayPal is first foreign company to nab Chinese payments licence
Acquisition of GoPay gives PayPal a way into the Chinese market
Revolut reveals new agreement with Visa, set to hire 3,500
Revolut is eyeing up several new markets in 2019 and 2020
Sibos 2019: Visa’s digitisation tries to avoid “immediate displacement” of cash
Phalen admits it’s “a shame” that US firms are still cash-heavy.
Plaid reveals strategic investments from Mastercard and Visa
Plaid says there’s opportunity to align with Visa and Mastercard.
PNC launches fintech start-up inside the bank
The first development has been indi, a mobile phone-based bank account for gig workers.
Visa invests in Southeast Asia’s payments platform Gojek
The two companies will also collaborate on cashless payments solutions.
Visa eyes up Nets
Sources say Visa may acquire parts of the Nordic fintech.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
RHB targets card fraud with automatically refreshed CVV codes
New codes are displayed on mini-screens on the back of the cards.
Visa acquires POS payment gateway Payworks
The integrated platform will unify the online and in-store payments experience.
Payments platform Finix raises $17.5m in Series A round
The round was led by Bain Capital Ventures.
Top fintech stories this week – 12 July 2019
N26 has superhero-landed in the US, new hip bank in Spain, and more!
Visa and PayPal’s new deal
While the US service is powered via a partnership with JPMorgan Chase, PayPal’s Instant Transfer in Canada is powered by Visa’s push payments system, Visa Direct.
ConnexPay raises $7m Series A round
The travel payment start-up will use the funds to continue developing its tech.
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Visa expands token and ticketing services with Rambus’ portfolio
Visa will develop its tokenisation services to support commerce.
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
Visa forms strategic partnership with Western Union
The new collaboration will modernise global money movements for expedited cross-border money transfers.
Firms collaborate on new platform ‒ b.yond
Businesses can test propositions with a limited number of cards and wallet accounts
Swedish fintech Minna Tech receives €5.6m funding
The subscription management tech now aims to make customer experience easier.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
TagNitecrest prints biometric payment cards in the UK
Fingerprint card payments can be made at existing point of sale terminals.
Bankable gets investment from new partner Visa
Bankable will allow firms deploy to digital banking and payment services quickly.
Video: fintech news weekly round-up – 30 April 2019
SoftBank invests in Wirecard, Tencent in Argentinian Uala, and other Visa news.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Bento for Business partners with Visa
The Visa card replaces the company’s Mastercard prepaid card.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
PayActiv and Visa get in early for wages
The paytech pals will help US workers access earned wages earlier.
NatWest prepares biometric card pilot
The bank will trial fingerprint technology-enabled cards with Gemalto.
Bank of England orders Visa to fix outage issues
The bank’s action follows the pan-European incident in June 2018.
Visa plans innovation centre in South Korea
Payments firm confirms that preparations are “in the works”.
Visa fights back against Mastercard with £247m Earthport offer
Payments firm Earthport is being fought over by two well-heeled lovers.
Mastercard trumps Visa with £233m offer for Earthport
Visa had made a £198 million offer earlier.
Wirecard releases Visa card for Chinese tourists
A multi-currency card for the most frequented destinations.
Visa to acquire Earthport for £198m
Struggling payments firm finds the deal “very attractive”.
