As the alternative finance market develops and matures, competition is becoming increasingly fierce. With these challenging market conditions in mind, it’s critical that P2P lenders and crowdfunding platforms pursue the
Simon Laker and John Elliott at Consult Hyperion explain how, after more than a decade of trials and poorly-received launches, open-loop transit payments are now expected to gain significant traction
4 July 2019 – London, UK – Monese, the European banking service that gives people the financial freedom to thrive anywhere, today launched a collaboration with PayPal (NASDAQ: PYPL) that
40% of shoppers say just one bad experience would stop them returning to a brand 76% of retailers say they have to work harder than ever to retain customers But,
PayTech Awards are a valuable endorsement of the creativity and innovation of software providers and banks alike and an endorsement of the Fintech community. We are very excited to receive our
Travellers using Manchester’s trams can now complete their journeys using contactless payment. Read more here.
fire.com has today announced that it has been authorised as an e-money institution in the UK to provide a range of payment services, changing the way businesses pay and get
FinTechWales launched in April 2019 with the initial direction provided by Richard Theo, the HM Treasury’s FinTech Envoy for Wales. The idea behind FinTechWales is to provide an independent voice for the
Pannovate has partnered with B.yond is a consortium of financial services working together to deliver trusted and proven technology for a new innovative financial platform designed for established and challenger
N26 is officially live in the US! Starting today, we’ll be sending invites via email to those of you on our waitlist to start using @N26US beta. Haven’t signed up yet? What
On 18th June, we announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas. Existing investors Octopus Ventures and EQT
Another successful face to face client workshop comes to an end. An opportunity to connect with a select number of our key clients your customers – not only were they
Bankingblocks has combined the traditional European PI, agency banking and acquiring licenses groups to create a stand-alone modular banking service for the fintech industry. The only piece missing was the
London, UK – 17 July 2019 – Bankable, the global architect of digital banking and payment solutions, is delighted to announce that 10 weeks following the beginning of its partnership with
Samsung has struck a deal with Paisabazaar, an Indian online marketplace for financial products, to let people apply for things such as credit cards and loans through Samsung Pay. More
TypingDNA partners with XTN Cognitive Security to help banking organizations defend against increasingly sophisticated fraud threats. Typing DNA proprietary typing biometrics technology will be integrated with our behavioural fraud prevention solution enabling passive recognition of users by
We welcome Emily Baum to our team as the new Head of Business Development. Emily brings with her a wealth of experience and knowledge from the payments sector as well
The second annual PayTech Awards took place on 5 July 2019 at the Honourable Artillery Company (HAC), a unique historic venue in the heart of London Read more here.
Fintech startup Curve raises $55M, valuing the company at a quarter of a billion dollars In a record year for Fintech investments, Curve is now amongst the top 5 UK
If your CEO sends you an email asking you to make an urgent payment, would you be suspicious about it? Maybe not, but you should because the sender may not
Bill Black discusses Facebook’s new proposed crypto-currency, called “Libra.” Facebook could use this technology to standardize identity and create a world of ultimate surveillance, and then profit from it, says
Augmented Vision supports security officers in identifying persons of interest in real-time, and helps speed up post-event investigations. This latest cutting-edge technology from IDEMIA will enhance security in transport hubs (airports,
Wirecard, the global innovation leader for digital financial technology, is once again pushing the boundaries of the shopping experience with its new prototype of a Smart Mirror, developed by Wirecard’s
UK-based companies paying employees in other countries must navigate a complicated web of banking procedures, compliance processes and tax systems. There is no one-size-fits-all approach, warns EQGlobal’s Faaria Choudhary. Read
On Tuesday June 18th, Facebook announced a new blockchain-powered currency called Libra, a digital wallet called Calibra and a subsequent White Paper describing their purpose. In the White paper it starts off by stating,
BigCommerce is now offering Klarna’s popular payment options overseas, enabling its European merchants to effectively compete and grow July 3, 2019 — Today, Klarna, a leading global payments provider and
Pay.UK was formed in 2017 and has brought together Bacs, Faster Payments, Cheque and Credit Clearing and UK Payments Administration. Pay.UK owns, manages and operates the products and services that
Klarna continues rapid global growth through latest partnership with fashion superpower Superdry, and world leading payment platform Adyen London, 18 July 2019 — British contemporary fashion brand Superdry and leading
K Ring is featured alongside iZettle and ApplePay as part of the Bank of England celebrations of the past 325 years from cash to cashless. Founder of K Wearables, Phil
To master digital currency, Facebook will first need to master digital identity. And that, it appears, could be the Silicon Valley starlet’s true Libra masterplan. Read more here.
Financial utility recognised for innovative contribution to emerging payments industry www.bankingcircle.com London, 3rd July 2019 – Banking Circle, the ground-breaking financial utility, has been named as a finalist in four
Partnerships with StuRents and Mashroom enable instant rental payments, simplify affordability checks and lower costs 22 July 2019, Turnkey open banking platform provider, Token.io, today announces partnerships with two of
We’re delighted to announce that Modulr has been shortlisted in the ‘Best Collaborative Initiative’ in the Payments Association Awards. This shortlisting follows our work with our partner Sage, for whom we powered
The clock is ticking on Strong Customer Authentication. Checkout.com recently hosted a seminar on SCA preparedness. Here’s a recap of the regulation and how Checkout.com can get you SCA-ready with
Payments Canada is proposing to allow delayed transaction authorization to enable debit cards to be used in open-loop transit — and the change could affect far more than commuters. Read
London-based cross-border payments outfit Currencycloud has raised £32 million in the first part of a Series E funding round, according to TechCrunch. More on this story
Simon Eacott, Head of Payments Innovation and Business Development, NatWest, speaks at EBADay 2019 about the main drivers behind the digital economy, the importance of data for messaging and identity
Driving Growth With Innovative Payments Processing To keep up with the advancing competition, alternative finance lenders must embrace payment innovation to drive growth, and this critical guide can help. Download here.
London, Monday 29th July 2019: Starling Bank, a leading digital banking platform, has partnered with SumUp, Europe’s leading mobile point of sale company, to provide small merchants with access to faster
The concept of tokenization is not a new one in the payments industry. Solutions that replace sensitive data with a non-sensitive equivalent have been around for years in various forms.
CreditPilot Any2Any (A2A) platform enables retail businesses and mobile operators to provide financial services to their clients and subscribers and is available to almost 100 million people worldwide Wirecard will
Starling Bank is opening up its business banking accounts to larger SMEs, as competition in the market intensifies. More on this story
In a digital world, there is an expectation that services will be provided in real time. Instant payments facilitate the supply of goods and services, and are therefore vital to
“When you exchange views in a room with different people from different cultures and different mindsets, something beautiful sometimes happens” Read more here.
Back in October last year, fscom director Alison Donnelly wrote a blog on the FCA’s consultation on new rules for payment and e-money institutions. As explained in that blog, due to FCA concern with how some e-money and payment institutions
What are you doing to protect your customers from authorised push payment (APP) scams? Read more here.
If your business trades in US dollars, is affiliated with a US company, involves a US person in the payment chain, transacts in the supply of any US origin goods
Fintech Finance caught up with Jamie Cooke, MD of fscom at the recent Money20/20 conference in Amsterdam. Read more here.
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