2023: Top five payments stories of the year
FinTech Futures takes a look back at some of the year’s top developments and stories in payments.
Payments
FinTech Futures: Top five stories of the week – 22 December 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Visa to acquire majority stake in Mexican payment processor Prosa
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
Central Bank of Colombia partners ACI Worldwide for real-time payments system
The central bank will leverage the partnership to launch a real-time payments ecosystem in 2025.
The What the FinTech? podcast | Season four’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
Mexican SME payments platform Kapital raises $40m Series B
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
Credit Union of Texas taps Alkami for business banking platform
Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank
Our weekly round-up for you to get the latest fintech funding news from around the world.
The Clearing House appoints former Truist EVP Sal Karakaplan as new chief strategy officer
He brings over 25 years of experience to TCH following stints at Truist, JP Morgan and Mastercard.
Former Marqeta SVP Jeff Parker joins Paymentology as new CEO
Parker stepped down from his position as SVP and managing director at Marqeta last month.
Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services
Rhodes succeeds former CEO and president Roger Hochschild, who stepped down with immediate effect in August.
Banking Technology Magazine Dec 2023 / Jan 2024 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
AI, BNPL and CBDCs: The industry’s fintech predictions for 2024
We take a look at some of the fintech predictions being made by industry experts for 2024.
Cartoon: Gravity
A new cartoon illustrating Apple’s growing impact on the financial services industry.
CSI names financial services veteran Troy Bradley as new CTO
Bradley brings more than 35 years of experience leading product and technology teams across banking and payments.
ICYMI fintech funding round-up: January, Spade, Keyless and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Allica Bank partners Wise Platform for cross-border payment solution
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
How Europe’s PSPs are bracing for SEPA instant payments
The European Parliament approved final implementation deadlines for SEPA instant payments on 7 November.
ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Denmark’s Mazepay taps ex-Mastercard exec Kevin Stanton to lead US drive
Stanton previously spent the best part of two decades in senior roles at Mastercard.
JP Morgan receives approval from ADGM to upgrade licence, plots UAE expansion
The US banking giant is aiming to boost its presence and service offerings in the UAE.
A glance ahead: the European payments landscape in 2024
2024 is set to be a year of innovation and change for the European payments landscape.
Marqeta SVP and managing director Jeff Parker steps down
Marqeta hired Parker in September 2022 to build out its international go-to-market and operational functions.
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five stories of the week – 24 November 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.4 Episode 21 | Managing chargebacks and payment disputes
In this episode of the podcast, we’re joined by Monica Eaton, founder and CEO of Chargebacks911.
Scottish challenger Alba Bank taps nCino to power SME lending
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
Advent International snaps up UK paytech myPOS
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Dutch payment processor Silverflow lands $16.3m funding
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
US digital bank Green Dot appoints SVP Dave Harden as new CTO
Harden has served as the bank’s SVP of product development since February 2022.
FinTech Futures: Top five stories of the week – 17 November 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Nuvei reportedly snaps up Aussie paytech Till Payments for $30.5m
The paytech was valued at $350 million only seven months ago.
Saudi BNPL start-up Tamara expands lending capacity to $400m with Goldman Sachs
The company has secured an additional $250 million in debt financing to support its lending operations.
Video: Atomic at Money20/20 USA 2023 – Powering financial connectivity
Atomic’s Andrea Martone discusses how the firm is helping businesses align with the CFPB’s vision for open banking.
Co-branded credit card fintech Imprint lands $75m in Series B funding
The round was led by Ribbit Capital with participation from existing investors Kleiner Perkins and Thrive Capital.
AI, BaaS and identity: Inside day one of the Fintech Talents Festival
Hosted at The Brewery, London, the festival has this year attracted over 2,000 delegates and 400 speakers.
Edwina Johnson joins MoneyGram as general manager
Johnson joins MoneyGram from fintech firm Alloy where she worked for over six years.
ICYMI fintech funding round-up: EduFi, Performativ, Due and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
CFPB targets US fintech firms with proposals for increased regulatory scope
The proposals will target 17 companies who control 88% of the market share.
