Articles with tag like: financial technology

Found 87 results in 1 second.

Robinhood raises USD 660 mln in latest funding round

News | Payments General | 24 Sep 2020

Robinhood, the financial technology startup popularising trading among millennials, has increased its latest funding round from investors to USD 660 million.

Robinhood, funding, startup, financial technology, Millennials, fintech

Mobey Forum forms Payment Expert Group to boost future digital financial services

News | Payments General | 23 Sep 2020

Finland-based banking and fintech association Mobey Forum has launched the Payments Expert Group that will analyse the strategic options for banks in the payments landscape. 

Mobey Forum, Payments Expert Group, digital bank, online banking, banking and fintech, financial technology, Finland, Europe, business strategy, consultancy

Yandex agrees on USD 5.5 billion deal for Russian challenger Tinkoff Bank

News | Online & Mobile Banking | 23 Sep 2020

Russia-based fintech Yandex has agreed on a USD 5.5 bln deal to acquire online bank Tinkoff.

Yandex, Tinkoff, challenger bank, banking, online bank, digital bank, fintech, financial technology, mergers and acquisitions, acquisition, Russian Federation, Russia

Paymentology, Thought Machine to create model digital bank platform

News | Online & Mobile Banking | 18 Sep 2020

UK-based cloud-native payment processor Paymentology has announced it is partnering with digital banking platform Thought Machine.

Paymentology, Thought Machine, Mox Bank, partnership, digital banking, online banking platform, fintech, Vault, financial technology, UK, United Kingdom, Europe

US fintech Finzly announces updates to Payment Galaxy payments hub

News | Online & Mobile Banking | 15 Sep 2020

US-based provider of banking applications for FX and trade finance Finzly has released its latest developments for payment hub Payment Galaxy.

Payment Galaxy, Finzly, partnership, fintech, financial technology, online banking, mobile banking, real-time payments, Fedwire, ACH, Open APIs, payment processing for-benefit-of, interoperable payment hub, US, United States

Amex acquires fintech Kabbage

News | Payments General | 18 Aug 2020

American Express has announced a deal to buy Kabbage, a US-based fintech startup that helps with providing funds for small businesses, according to Forbes.

Amex, Kabbage, American Express, US, United States, fintech, startup, small businesses, funding, acquisition, financial technology, data platform, IP, cash flow management, working capital, loans, Paycheck Protection Program

ComplyAdvantage gets USD 50 mln to detect and stop financial crime with AI

News | Digital Identity, Security & Online Fraud | 29 Jul 2020

A UK-based startup focusing on developing AI for financial services, ComplyAdvantage has received USD 50 million to expand its reach and operations.

AI, financial crime, funding, financial technology, ComplyAdvantage, regtech, UK

iDenfy, Sonect partner for digital onboarding solutions

News | Digital Identity, Security & Online Fraud | 12 Jun 2020

Online identity verification solution that helps businesses mitigate fraud iDenfy has revealed a partnership with Sonect

iDenfy, digital onboarding, Sonect, identity verification, fraud mitigation, partnership, Switzerland, financial technology, ATM, banks, POS, cash, merchants, identity documents, passports, ID card, residence permits

Namogoo acquires incentive paltform Personali to expand ecommerce offering

News | Ecommerce | 05 May 2020

US-based fintech Namogoo will integrate incentive platform Personali’s AI-powered personalized incentives technology through a strategic acquisition.

Namogoo, Personali, incentive programme, ecommerce, US, acquisition, fintech, financial technology

The People's Bank of China expands fintech regulations to six new cities

News | E-invoicing, SCF & E-procurement | 29 Apr 2020

The People’s Bank of China (PBoC) has announced that it is expanding its financial technology regulations to six new cities. 

China, banks, fintech, People’s Bank of China, financial technology, finance, innovation, information

Sumitomo Mitsui selects SBI to assist with its digital offerings

News | E-invoicing, SCF & E-procurement | 27 Apr 2020

Japan-based Sumitomo Mitsui Financial Group (SMFG) has selected SBI, an online broker, to support the development of its financial technology strategy.

Japan, SMFG, SBI, partnership, digital banking, financial technology, cards, bank

New Corporate Payment Solutions team at Wex announced

News | Payments General | 14 Apr 2020

WEX, a financial technology service provider, has announced an organisational restructure with the formation of a new Corporate Payment Solutions team.

WEX, financial technology, software, cloud, payments, US, corporate payment solutions

Canadian payments processor Ackroo acquires BNA Smart Payments

News | Online Payments | 07 Apr 2020

Canada-based payments provider Ackroo has entered into an agreement with BNA Smart Payment Systems, under which the former has acquired certain assets of BNA Smart Payments.

BNA, BNA Smart Payments, Ackroo, Payment Service Provider, mergers and acquisition, card, fintech, financial technology, payment processing

UK fintech Wollit fast-tracks income-levelling service for freelancers

News | Online Payments | 31 Mar 2020

UK-based fintech Wollit has launched a payments service to top-up the monthly pay packets of freelancers and gig workers.

Wollit, online payments, gig economy, freelancer payments, payments top-up, eWallet, BBVA, United Kingdom, startup, fintech startup, financial technology

Ant Financial and ICBC deepen strategic collaboration

News | Online Payments | 31 Mar 2020

Ant Financial and Industrial and Commercial Bank of China have announced a collaboration as part of a strategic partnership unveiled in December 2019.

Ant Financial, Industrial and Commercial Bank of China, ICBC, China, Asia, APAC, online payments, financial technology, Alipay, payment collection, QR payments, merchants

Fintech startup Chip receives FCA authorisation

News | Payments General | 25 Mar 2020

UK-based fintech Chip has announced that it has been approved by the Financial Conduct Authority (FCA) as an Authorised Payment Institution.

chip, FCA, Financial Conduct Authority, Authorised Payment Institution, fintech, financial technology, online payments, payments service provider, UK, United Kingdom, financial regulator

TrueLayer offers Open Banking solution to reduce the impact of COVID-19

News | Online & Mobile Banking | 24 Mar 2020

UK-based Open Banking API provider TrueLayer has opened up its platform for assisting any individual or business during the COVID-19 outbreak. 

TrueLayer, Open Banking, fintech, financial technology, coronavirus, COVID-19, donation, card interchange fee, UK, Europe

Digital bank Yapeal receives fintech license in Switzerland

News | Online & Mobile Banking | 18 Mar 2020

Digital bank Yapeal has received the first fintech license in Switzerland.

Financial Market Supervisory Authority, Yapeal, digital bank, Switzerland, Swiss Parliament, fintech, financial technology, FINMA

Buy Now Pay Later spending is set to double by 2023 in Australia – FIS study

News | Online Payments | 13 Mar 2020

UK-based intech FIS has released the FIS 2020 Global Payments Report detailing a stark rise in Australia’s BNPL purchases.

FIS, fintech, buy now pay later, Australia, payments, online payments, financial technology, BNPL

Sirma launches Open Banking suite for boosting PSD2 payment services

News | Payments General | 06 Mar 2020

Bulgaria-based Sirma has announced the release of Open Banking Suite OBS, a PSD2-compliant end-to-end fintech software suite. 

Sirma, Open Banking, Open Banking Suite OBS, fintech, PSD2, financial technology, EBA’s Regulatory Technical Standards, European Banking Authority, POS terminal, Bulgaria, Eastern Europe