News

Banking
UAE Sees First Digital Bank For SMBs
September 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
How To Better Served The Unbanked In Nigeria
September 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. That can be easier said...

News
Top News In Payments: SWIFT, Microsoft Team With BNY Mellon On Cloud Trial; Amazon Unveils...
September 25, 2019

Today in the payments news roundup, SWIFT and Microsoft have teamed with Bank of New York Mellon (BNY Mellon) to finalize the pilot of the Cloud Connect payments solution. Also, Amazon and top technology companies have unveiled the Voice Interoperability Initiative, and Mastercard is joining Pay.UK’s...

International
100+ Countries Meet In Geneva Over Global Mail Reforms
September 25, 2019

Postal representatives from more than 100 countries are meeting in Geneva, Switzerland to make sure that a global mail regulatory body remains in place, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
AI Loan Startup Kreditech Raises $22M For Global Growth
September 25, 2019

Kreditech, an AI-based loan startup that targets emerging markets, has raised $22 million in its latest funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Philippine FinTech Startup PayMongo Raises $2.7M
September 25, 2019

PayMongo, a FinTech startup that helps businesses and merchants set up online payments systems, has raised $2.7 million in a seed funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Global Payments
Bill.com Reports 200+ Pct. Increase In Transactions, Payment Volume This Year
September 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. 25.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Former Danske Bank Chief Found Dead Amid Money Laundering Scandal
September 25, 2019

The former head of Danske Bank’s arm in Estonia has been found dead days after he disappeared, The Wall Street Journal reported on Wednesday (Sept. 25).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
UK’s Fidel Raises $18M To Bring Card-Linked Payment APIs To US Developers
September 25, 2019

U.K. FinTech startup Fidel has raised $18 million in Series A funding co-led by U.S.-based Nyca Partners and QED Investors, as reported on Wednesday (Sept. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...