Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
PayTech
Sibos 2024: The future of global transactions with KoreFusion – video interview
KoreFusion’s Jan Smith discusses the latest technologies that are transforming cross-border transactions.
FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
B2B payments platform Melio secures $150m Series E funding round
The round values Melio at $2 billion, down from its previous $4 billion valuation in 2021.
US BNPL fintech Affirm launches pay-over-time options for UK consumers
Affirm’s UK country manager Ruth Spratt says the UK is “the perfect place for the next phase of Affirm’s journey”.
Osigu raises $25m Series B and partners with Visa to streamline healthcare payments
Osigu has partnered with Visa to address healthcare payment challenges in LatAm and the Caribbean.
MoneyGram appoints former Walmart EVP Anthony Soohoo as new CEO
Soohoo succeeds Alex Holmes, who has served as CEO of MoneyGram for eight years.
PSP Services buys NCR Atleos’ transaction processing and card management business in Canada
PSP Services says it will incorporate the business into its HLX Unified Commerce Platform.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
Sibos 2024: Oiling the wheels of trade with digitalisation
Digitalisation is driving sweeping changes throughout the global trade ecosystem.
October 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over October.
Sibos 2024: The rise of digital wallets and the future of cross-border payments
Cross-border payments are evolving, with digital wallets becoming a crucial part of the global financial ecosystem.
Interview with Seamus Smith, FIS Automated Finance, winner of PayTech Leadership – At the Helm award
With 20+ years of experience, Seamus Smith is EVP group president of Global Automated Finance at FIS.
Payments processor Finix secures $75m Series C funding
The round was co-led by Acrew Capital, Leap Global and Lightspeed Venture Partners.
Western Union acquires Singtel’s mobile wallet Dash
Dash has accrued 1.4 million customers since launching 10 years ago.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sibos 2024: Blockchain breakthroughs and Liink’s leap with JP Morgan – video interview
JP Morgan’s Gloria Wan highlights blockchain’s advantages over traditional methods for cross-border payments.
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Apple first selected Goldman Sachs in 2018 to develop and power its credit card offering.
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Swisscard was founded in 1998 as a joint venture between Amex and Credit Suisse.
Sibos 2024: Mastering money movement with Visa – video interview
Visa Direct CRO Vera Platonova details how to navigate the complexities of moving money internationally.
Sibos 2024: Watch this space – record high remittances and the India growth story
India is fast emerging as a blueprint for players in the payments industry.
Sibos 2024: The evolution of payments collaboration in financial services
Day two of Sibos 2024 featured a number of insightful panels and keynotes on the future of payments.
Sibos 2024: The future of real-time payments with Mastercard – video interview
Mastercard’s Helena Forest discusses the latest developments in the world of real-time payments.
Bank Rakyat Indonesia taps Nium for international money transfers
Bank Rakyat Indonesia operates over 7,150 branches and reported approximately $4 billion in profit for 2023.
Canada’s imminent regulatory changes require PSPs to register
The Bank of Canada explains the new regulations for Payment Services Providers (PSPs).
Daily News at Sibos 2024
Download your free copy of the Daily News at Sibos publication today!
Sibos 2024: A lack of payment interoperability is hurting businesses; here’s how to fix that
To achieve seamless payment interoperability, the industry needs a multi-pronged approach.
Sibos 2024: Embedded finance is driving the future of B2B commerce
Embedded finance is becoming a revolutionary force in B2B commerce.
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe confirmed plans to introduce stablecoin payments at the checkout in April.
State of play: card networks
The emergence of alternative payment rails has forced card networks to evolve to ensure their continued success.
Sibos 2024: A delicate balancing act – addressing the ‘speed vs security’ dilemma in cross-border payments
In today’s world, customers are constantly demanding faster and more convenient cross-border payments.
Sibos 2024: Achieving the G20’s cross-border payments goals – embracing a balanced approach
How can the global financial industry ensure we meet the G20’s cross-border payment goals?
LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally
Tally closed in August, citing insufficient funding as the primary reason for its shutdown.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
Swift gears up for 2025 live trials of digital asset transactions
The trials will see banks use Swift to transact interchangeably across asset and currency types.
ICYMI fintech funding round-up: Plumery, Concreit, Connected Data, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Global survey report: Privacy in practice 2024
1,300+ data privacy professionals share their views on the pertinent topics in this free global research report.
Stax Payments snaps up BlockChyp for undisclosed sum
Stax says this acquisition will reduce “friction” and enhance partner and customer experience.
Fiserv ends joint venture in Wells Fargo Merchant Services
An SEC 8-K filing says Fiserv expects to receive a “cash payment or assets” for its 40% stake in WFMS.
Mastercard acquires Minna Technologies to upgrade subscription experience
Minna develops technology to help consumers manage subscriptions via banking apps and websites.
