FinTech Futures: Top five news stories of the week – 7 June 2024
Our pick of the top fintech news stories this week includes Visa, Monzo, JP Morgan Payments, Funding Circle and more.
News, intelligence and resources on the global fintech industry including topics such as cash.
Our pick of the top fintech news stories this week includes Visa, Monzo, JP Morgan Payments, Funding Circle and more.
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The Phoenix-headquartered credit union has opted for NCR Atleos’ ATMaaS solution.
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
The Allpoint Network currently supports around 40,000 ATMs across the United States.
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
Banco Sabadell customers will now have access to the 1,400 ATMs NCR Atleos manages across Spain.
The group’s ATMs and service centres accounted for 3% and 1% of its total transaction volume last year, respectively.
Today, consumers have more options than ever to make payments. So which method will ultimately win?
In this episode of the podcast, we’re joined by Hangwi Muambadzi, Principal and Head of Africa at CommerzVentures.
The Tampa-headquartered credit union claims to operate 70,000 surcharge-free ATMs across the US.
The agreement will see the bank adopt its partner’s ATM-as-a-Service and ITM-as-a-Service offerings.
FinTech Futures takes a look back at the key industry developments and trends to emerge over 2023.
2024 is set to be a year of innovation and change for the European payments landscape.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Slope plans to leverage new investor Sam Altman’s “extensive” AI experience to scale its platform.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The facility is being provided by Chicago-based investment firm Victory Park Capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Seacoast Bank is leveraging NCR’s ATM-as-a-Service solution to replace its conventional ATM fleet.
While real-time data remains an ideal, the cash management process needs first to adapt to expanded ecosystems and networks.
The Philippines’ ninth largest bank currently operates over 400 ATMs across the country.
According to Innovate Finance data, $27.3bn was injected into the industry globally during H1 2023 through 1,714 deals.
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
In both sociological and economic terms, the rapid switch to digital payments is fascinating.
The merger has been mutually terminated and TD Bank has agreed to fork out $200m in cash to First Horizon.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures chats with HPS CEO Abdeslam Alaoui Smaili at WeMeeting 2023 in Marrakesh, Morocco.
Based out of China, Richard Turrin has a ringside seat on how China is transforming into a cashless society.
The acquisition includes both “talent and technology” and is designed to help SoFi scale.
CBDCs promise much, but their cost when it comes to privacy could be dear.
The total funding is made up of a $66 million Series A equity round and a $50 million debt facility.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
Signature Bank is a large lender in the cryptosphere.
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
FinTech Futures speaks to City University of London’s Raj Muttukrishnan and Crossword’s Stuart Jubb.
Here’s our pick of five of the top news stories from the world of finance and tech this week.