Articles with tag: fintechs

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Younger generations drive UK alternative payment methods adoption, PPRO reveals

11 Aug 2020 | Online Payments

A new study from PPRO has revealed that younger generations feel confident using or have used alternative payment methods.

PPRO, study, alternative payment methods, APMs, UK, bank transfers, e-wallets, Millennials, Generation Z, credit cards, debit cards, local payment methods, LPMs, ecommerce, digital payment methods, PayPal, mobile wallets, Apple Pay, Google Pay, security, online merchants, PSPs, fintechs, checkout

Bond gets 32 mln to connect digital brands to banking partners

20 Jul 2020 | Payments General

Bond Financial Technologies, a company building an enterprise-grade financial technology platform, has raised USD 32 mln to connect digital brands to banking partners.

APIs, SDKs, fintechs, banks, Bond Financial Technologies, funding, financial technology platform, bank brand

GT Software launches Open Banking SmartBridge

15 Jul 2020 | Online & Mobile Banking

GT Software has launched the Open Banking SmartBridge, which will provide banks with a way to connect their legacy IT systems to third-party apps and services.

GT Software, open banking, SmartBridge, technology, banks, IT, TPP, mobile app, APIs, fintechs, transactions, COBOL, PL/I, KYC, AML, fraud

Canada's prepaid industry reaches USD 5 bln in loads in 2019; drives fintech sector

14 Jul 2020 | Payments General

In Canada, prepaid has been harnessed by incumbents and new fintech entrants as a platform to introduce new and innovative digital banking and payment products and services.

prepaid cards, SMEs, fintechs, cards, banks, gig workers, challenger banks, Canada, Canadian Prepaid Providers Organization, CPPO

Mastercard supports remitters in MENA region with Cross-Border Services

14 Jul 2020 | Payments General

Mastercard has rolled out Mastercard Cross-Border Services to enable people in the Middle East and North Africa (MENA) region to transfer money amid COVID-19 times.

banks, fintechs, mobile network operators, exchange, remittances, cross border payments, MENA, Mastercard

Fintechs from UK, Europe, Australia, Canada targeted through malware by Evilnum, report

13 Jul 2020 | Digital Identity, Security & Online Fraud

Evilnum, an advanced and persistent threat group, has been targeting UK-based fintechs and others throughout Europe since 2018, according to ESET, an online security company.

fintechs, UK, Europe, Australia, Canada, malware, Evilnum, ESET, online security company, cyberattacks, phishing emails, spear-phishing, covid-19

SoFi files application to become a national bank

10 Jul 2020 | E-invoicing, SCF & E-procurement

SoFi, an online lender, has filed an application for a national bank charter with the Office of the Comptroller of the Currency.

SoFi, banks, online lender, lender, Office of the Comptroller of the Currency, SoFi Bank National Association, OCC, Federal Deposit Insurance, Federal Reserve, fintechs, banking

Open Banking – making advantages visible

09 Jul 2020 | Payments General

Christian Wolf, Head of Strategic Partnerships & Ecosystems in Raiffeisen Bank International (RBI), shares with our readers best practices on Open Banking, APIs, and innovation from RBI

Christian Wolf, Raiffeisen Bank International, RBI, fintechs, banks, Open Banking, APIs, innovation, PSD2, CEE, eIDAS, EBA

KPMG rolls out crypto asset management tools

23 Jun 2020 | Cryptocurrencies

KPMG has developed a suite of tools that aims to assist both traditional financial companies and fintech startups offer tightly managed crypto-asset services.

KPMG, financial companies, startups, fintechs, advanced analytics, blockchain, crypto assets, auditing

i2c announces expansion across America

18 Jun 2020 | Payments General

i2c has revealed an expansion of its business in both North and South America as demand continued to accelerate for its innovative solutions. 

i2c, expansion, America, digital payments, Open Banking, fintechs, commercial banks, credit cards, debit cards

BPC enters Visa's Fintech Fast Track Program

17 Jun 2020 | Payments General

Switzerland-based provider of digital payment solutions BPC has announced that it has joined Visa’s Fintech Fast Track Program.

BPC, Visa, Fintech Fast Track Program, Switzerland, digital payment, fintechs, APAC, EMEA, LATAM, VisaNet, SmartVista, Visa Ready, Saas, PaaS, paytech, Radar Payments

N26 to offer new business current account

17 Jun 2020 | Online & Mobile Banking

Germany-based digital bank N26 has announced it will start offering a new business current account where customers get cash back on all purchases.

fintechs, N26, Germany, digital bank, digital, banks, N26 Business Metal, freelancers, payments

Receipt Bank acquires Xavier

16 Jun 2020 | Online & Mobile Banking

UK-based Receipt Bank, a digital accounting, has acquired data processing platform Xavier.

Receipt Bank, data, Xavier, UK, digital, Augumentum Fintech, fintechs

Nium becomes Visa issuer in Australia

09 Jun 2020 | Cards

Nium, a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s Fintech Fast Track programme.

Nium, partnership, Visa, cards, Australia, financial, technology, Fintech Fast Track, fintechs, onboarding, B2B, B2C, Visa Credit, debit cards, payments, digital, digital payments, tokenization, online payments, ATM, network

Bank of Lithuania gives guidelines on opening accounts for e-money and payment institutions

29 May 2020 | Payments General

The Bank of Lithuania has prepared and approved its position on the right of electronic money institutions (EMIs) and payment institutions (PIs) to access bank accounts opened with credit institutions.

e-money, payments, banks, financial institutions, fintechs, Bank of Lithuania, credit institutions

The Nordics have the potential for open banking success, Nordic API Gateway research reveals

29 May 2020 | Payments General

In less than six months since the final deadline of the EU’s PSD2, participants in the financial market in the Nordics have invested heavily in financial tech, according to Nordic API Gateway's research.

Denmark, Sweden, Norway, Finland, open banking, financial institutions, fintechs, API, AI, PSD2, Nordic API Gateway, customer experience

ACCC launches Consumer Data Right platform

26 May 2020 | Online & Mobile Banking

The Australian Competition and Consumer Commission (ACCC) has launched the Consumer Data Right Register and Accreditation Application Platform (RAAP).

ACCC, Consumer Data Right, The Australian Competition and Consumer Commission, Consumer Data Right Register and Accreditation Application Platform, RAAP, banks, fintechs, data, CDR, TPP, banking, open banking

Bank of Lithuania's LBChain project reaches the finish line

25 May 2020 | Cryptocurrencies

The Bank of Lithuania’s LBChain project – a unique blockchain-based sandbox – has reached the end of its third and final stage.

fintechs, blockchain, Bank of Lithuania, TietoEVRY, IBM, LBChain, Lithuania

The role of AI in fighting fraud for businesses during a global pandemic

14 May 2020 | Digital Identity, Security & Online Fraud

Ryan Taylor from WEX Inc. highlights the role of artificial intelligence in the war against fraud during a global pandemic

Ryan Taylor, WEX, artificial intelligence, fraud, COVID-19, coronavirus, digital, banks, fintechs, transactions, cards, merchants, UK, payments, AI, machine learning, B2B, virtual cards, technology, banking

FinTech Australia, Tier One People launch talent marketplace for Australian fintechs

20 Apr 2020 | Payments General

FinTech Australia has teamed up with Tier One People to launch a new talent marketplace specifically for Australian fintechs. 

FinTech Australia, Tier One People, talent marketplace, Australia, fintechs