Industry News

Kuala Lumpur, Malaysia – 17 June 2019 – Chip Mong Bank (CMCB) – a newly established bank and subsidiary of local conglomerate Chip Mong Group – chose Compass Plus’ TranzWare

Houssem Assadi, CEO at dejamobile, has been invited on the set a BFM Business program. In this video, Houssem Assadi is bringing his insights on the latest trends in the

Rapid digital innovation. New models. New markets. Competitors becoming partners. Value chains simultaneously disintermediating and integrating. As Europe’s most senior payments and transaction banking professionals gather in Stockholm for EBAday 2019,

A consortium of major companies have launched b.yond, a financial innovation platform that will let banks and consumer-facing businesses rapidly deploy a range of innovative fintech payment services. Today’s digital-first

Lloyds Banking Group has stepped up its Open Banking game, enabling customers to see within it app their savings and credit card accounts from other providers. More on this story

  What do fintechs need to do to have the best chance of PRA approval? Only four banking licence applications approved in the past year Challenger banks’ applications for banking

We’re delighted to announce that Bankingblocks CEO Daria Rippingale has been awarded Emerging FinTech/Payment Leader of the Year by the European Women Payments Network (EWPN). On June 4th 2019, EWPN

Investors partner with fintech at forefront of open banking wave to futureproof and offer new digital services SAN FRANCISCO, US – 18 June, 2019 – Token (https://token.io/), the turnkey open

Partnership with Banking Circle produces travel industry’s most comprehensive payments solution www.bankingcircle.com London, June 2019 – Ixaris, the award-winning payments optimisation company has been shortlisted for the Best PayTech Partnership

Successful banking disruptor Bankingblocks and smart solutions provider Pannovate Limited have partnered to bring to market a complete banking solution for neo and challenger banks. Bankingblocks has combined the traditional European PI, agency banking

Nottingham, UK – 18 June 2019 – Compass Plus Processing Centre Great Britain has continued to show its commitment to providing secure processing services for its customers, protecting cardholder data

Tieto is a company headquartered in Finland and is one of the leading software and services companies in the Nordics. Together the combined company will create a driving force for

Bankingblocks uses Five Degrees digital core banking technology to target challenger banks and payment companies segment. Bankingblocks uses Five Degrees digital core banking technology to target challenger banks and payment

Bó, the digital bank developed by RBS-owned NatWest, has recruited the founder of Loot, an online banking service aimed at millennials that went into administration last month. More on this

iSmash customers can now use Klarna’s Pay in 3 instalments service to split repair costs over 60 days London: 27 June 2019 — Tech repair specialists iSmash and leading European

China’s largest payments provider UnionPay is making major strides into Europe by launching a partnership with UK fintech start up Tribe Payments. The state-run giant’s expansion is a “a very

Will banks ever learn? Yesterday, Facebook announced Libra, a stablecoin to be used for payment in WhatsApp and Facebook Messenger. Libra is a stablecoin pegged to a basket of fiat

A new study has revealed that 87% of financial decision-makers in businesses across Great Britain are unable to recover more than half of their losses caused by fraud, with the

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a partnership with Tribe Payments, which consists a team of industry experts who are dedicated to delivering the future of

NatWest customers can now open a current account within minutes on their phones simply by taking a selfie. More on this story

Bottomline Technologies’s 2019 Business Payments Barometer surveyed some 400 financial decision makers in the UK, see full write up here, and reported on the Future of Payments in the UK. In the

Starling customers can now apply directly from within the challenger bank’s app for home insurance from Direct Line. More on this story

Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, revealed today that 87% of financial decision makers in businesses across Great Britain

The slow rise of the ‘challenger’; trust in high street banks is twice that of challenger banks London, UK, 30th May, 2019 – A quarter of the UK (25%) believe

Kuala Lumpur, Malaysia – 17 June 2019 – Chip Mong Bank (CMCB) – a newly established bank and subsidiary of local conglomerate Chip Mong Group – chose Compass Plus’ TranzWare

Fraud knows no boundaries. In the B2B space, the latest cases are spread across North America, Australia and the U.K. In the U.S., new reports from The New Yorker this week dove

Customers earn 1% Curve Cash to spend instantly anywhere they want Earn cash from an expanded list of more than 50 top brands, including Apple, Amazon, Uber, TFL, Sainsbury’s, Waitrose,

The Access Group, one of the UK’s leading providers of software to the UK mid-market, has today announced the completion of the acquisition of Eazy Collect, one of the UK’s

First of its kind cross-border B2B payments network streamlines payments and delivers rich set of data for financial institutions and their corporate clients Visa Inc. (NYSE:V) today announced the commercial

Card transactions are one of the most convenient, easiest and ubiquitous ways to pay. When transactions happen there are many checks that accompany them to make sure that everyone is

Open Banking Expo has launched its first European event in Amsterdam, in collaboration with Token, which will address the opportunities and risks that Open Banking presents as the financial services

Building a Circle of Trust: Banking Circle launches white paper on increasing financial inclusion for businesses www.bankingcircle.com London, 3rd June 2019 – Ground-breaking financial utility, Banking Circle, is on a

A recent study by Accenture shows that 6 in 10 consumers are willing to share more of their personal data with financial institutions in exchange for improved services and better

Ethoca’s product suite adds to Mastercard’s commitment to reduce digital commerce fraud BOSTON & SAN FRANCISCO / ACCESSWIRE / May 21, 2019 / Spectrum Equity, a leading growth equity firm,

Back in February we spoke about how Germany still remains a predominantly cash-based society, although there had been a slight shift towards electronic and contactless payments driven by forward-thinking youngsters and

fscom is delighted to announce the launch of EWPN Ireland with its inaugural event in Dublin on 20 June 2019 in association with fscom, fexco and FPAI. fscom’s Director, Alison

The deal makes Tribe one of the first issuer processors in Europe to havew the necessary certification to allow banks to issue UnionPay cards. UnionPay has talked of its plans

Results from the 7th Annual ING International Survey on attitudes towards financial technology were released this week and revealed that, despite a high demand for banking innovation, consumers are often hesitant when it comes

fscom is delighted to announce Alison Donnelly has been appointed as the European Women in Payments Network (EWPN) Ambassador for Ireland. EWPN is an exciting and ambitious network of professionals

It is predicted that in 10 years the Russian economy will require two million IT specialists: developers, analysts, database administrators, product managers, etc. However, many experts point out that the

With only four months to go to the final PSD2 implementation date of 14 September 2019, all payment service providers must make sure they are urgently progressing plans to meet

Starling Bank are pleased to announce that Julian Sawyer, Head of Banking Services, has been appointed Honorary Senior Visiting Fellow at CASS Business School. Julian will be joining the Faculty

A recent survey from Censuswide has revealed that, a year after its launch in the UK, consumers are still unaware of what Open Banking is – two-thirds of the 2,000 British consumers

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

Trust Klarna to transform the retail experience. The Pay later payments pioneer, launched its first UK pop-up in London’s Covent Garden on 4 June, with a celebrity-packed launch event attended