Sections
financial services
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1.7KGlobal PaymentsWhat Brexit Uncertainty Will Mean For Ireland’s FinServ Future
The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the...
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1.7KPersonnelBain Capital Hires Keri Gohman As Operating Partner
Bain Capital Ventures announced it has hired FinTech industry veteran Keri Gohman as an operating partner. Gohman will work across the firm’s...
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1.7KDigital BankingNeobank Northmill Gets Swedish Banking License
The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday...
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3.0KPartnerships / AcquisitionsMastercard, R3 Team Up To Bring Blockchain To X-Border Payments
Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a...
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2.0KDigital BankingJD.com, Central Group Team Up For FinServ App
JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local...
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4.0KDigital BankingSWIFT Reveals New API Standard For Pre-Authorization Of Funds
A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in...
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1.9KInternationalMTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
The biggest telecom company in Nigeria has launched a mobile money transfer service intended to serve the country’s unbanked population, according to...
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1.7KSafety and SecurityLloyds To Launch Support Team To Fight Financial Abuse
British financial institution Lloyds Bank is putting together a team to fight domestic financial abuse by offering help to victims, according to...
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2.4KPartnerships / AcquisitionsRaisin FinTech Enters Pension Market With Fairr Acquisition
FinTech startup Raisin, a company that offers savings and investments in the pan-European market, has acquired German startup Fairr, according to a...
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2.3KB2B PaymentsCiti Eyes Asia, Europe In Treasury API Adoption
Citi announced on Monday (Aug. 26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion...
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1.8KInvestmentsGrab Continues Asian Expansion With Foray Into Vietnam
Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said it was going to invest “several hundred million...
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3.1KLoansXiaomi To Roll Out Consumer Lending In India
With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing...
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3.3KPersonnelWalmart Adds Two Global Governance Leaders To Support Financial Services
To help advise its financial services business as one global team, Walmart has added two new global governance leaders. Emma Waddell will...
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1.8KInternationalGhana’s Central Bank Pulls Licenses Of 23 Financial Institutions
In August of 2017 Ghana’s government announced that it was going to clean house in its financial services sector — particularly among...
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1.8KB2B PaymentsCurrencycloud, Iwoca Next To Land RBS Funds
Four U.K. FinTechs have been named as the next winners of funds from the Royal Bank of Scotland (RBS) to boost financial...
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3.9KAlternative FinancesFinServ Matchmaker SuperMoney Tops $2B In Loan Requests
Most people make big purchases not so much with the total cost of ownership in mind, but how much it costs them...
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3.7KB2B PaymentsBottomline Launches Open Banking API
Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate...
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2.2KEarningsLendingClub Logs Lower-Than-Expected Losses
Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of...
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2.5KInvestmentsStackin’ Scores $4M In Funding, Adds Digital Banking Features
Startup Stackin’ announced it has raised $4 million in Series A funding and is also launching no-fee checking and savings in conjunction...
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5.5KDataWhy Mastercard Bit On Flybits
In the art and science of reaching a consumer, some things never change. The gold standard of marketing is, was and ever...
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11.6KPartnerships / AcquisitionsFiserv-First Data Merger Is Complete
The big deal is now complete: Fiserv announced this morning (July 29) that it has completed its acquisition of First Data Corporation....
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2.6KAlternative FinancesBringing Debt Management Into The Digital Age
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”...
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5.2KLatin AmericaLATAM’s Payments Innovation Renaissance
Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. The level of opportunity arising...
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2.2KToday In DataFor Credit Unions, Data As Competitive Advantage
Data, data everywhere. For credit unions, data may be the conduit to competing with banks. As found in the latest PYMNTS Credit Union Tracker,...
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1.3KInvestmentsMyMoneyMantra Financial Marketplace Lands $15M For Expansion
Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private...
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4.8KAuthenticationThe Future Of Compliance: Using Data Better
In the pre-digital age of financial services, AML/KYC was a very slow process. The government would put out their lists of sanctioned...
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5.7KPlatform Paymentsi2c On Brex And ‘Fast Twitch’ Innovation
The good old days of a two-year product development cycle are pretty much over. These days, no matter how creative, innovative and...
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4.6KDigital BankingInstaReM CEO: Why We Want A Digital Banking License
When Facebook’s Libra news broke like a tidal wave on the payments and commerce ecosystem a few weeks ago, there was no...
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1.8KToday In DataDelivering Faster And More Secure Payments
The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. In the...
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3.9KDigital PaymentsNew Wirecard App Offers Full Gamut Of Financial Services
Payment company Wirecard is introducing a new service called boon Planet, a mobile payment app, the company said in a release. With...
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2.9KMobileSantander Shows One Way Forward For 5G And Banks
Financial institutions are constantly on the hunt for an edge when it comes to mobile banking and other innovations, and that’s playing...
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1.7KCryptocurrencyFacebook Crypto To Face Scrutiny By European Central Bankers
While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts,...
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1.4KSouth East AsiaGrab Considered Buying Payments Provider 2C2P
In a sign of Grab’s ambitions in the financial services space, the Singapore ride-hailing firm reportedly had discussions to acquire payments provider 2C2P...
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1.9KInternationalRevolut Expands Beta Version Into Australia
Financial technology company Revolut has ventured beyond Europe and into Australia as of Thursday (June 13), according to a report. However, it...
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4.1KPartnerships / AcquisitionsCiti Teams With Grab On Co-Branded Credit Cards
Citigroup is teaming up with Grab, the ride-hailing startup out of Singapore, to roll out co-branded credit cards. Reuters, citing Gonzalo Luchetti,...
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4.2KPayments InnovationUber Plans Expansion Into Financial Services
Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. The company has reportedly been...
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2.4KDigital PaymentsLINE Pay, Visa Partner For Digital Payment Offerings
LINE Pay, the operator of digital wallet and FinTech services on the LINE messaging app, announced on Thursday (June 6) that it...
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2.7KAuthenticationFor Verification, Biometrics And Passwords Solve Different Needs
Logins are a routine part of digital life — from shopping online to paying bills to accessing medical records — but proving...
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2.4KB2B PaymentsWells Fargo Restructures Commercial Banking Business
Wells Fargo announced on Tuesday (June 4) that it has restructured its commercial banking business. In a press release, Wells Fargo said...
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2.6KB2B PaymentsMarketplace Lending At The Crux Of Changing SMB Finance Tides
The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially...
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6.9KPartnerships / AcquisitionsVodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
Kenya’s Safaricom has announced that it is partnering with Vodacom to acquire the intellectual property rights to the M-Pesa mobile financial services...
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1.9KInvestmentsPayJoy Raises $20M To Boost Smartphone Ownership
PayJoy, the startup that enables people in emerging markets to purchase smartphones via installment payments and access cash loans, has raised $20...
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6.8KPayment MethodsCBD Companies Can Process Payments Through Square Now
Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Forbes, citing Square,...
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2.4KAuthenticationCiti Adds Biometrics To Its ‘Security Perimeter’
A single data breach costs a business $3.86 million on average. The high risks and costs of breaches, says Tapodyuti Bose, Global...
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2.5KB2B PaymentsGrab Moves To Spin Off FinServ Assets
Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8)....
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1.9KInvestmentsPlaid Is Looking To Hire In Europe
Plaid, the FinTech platform provider that recently raised $250 million in venture funding, is gearing up to expand into Europe. According to...
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4.0KB2B PaymentsHypur Enables B2B Payments For CBD eMerchants
Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the...
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6.3KSecurity & FraudCracking FIs’ 90/10 Data Monetization Problem
When seven CEOs of the largest banks in the United States gathered on Capitol Hill earlier this month, the topics and questions...
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3.4KToday In DataBoosting The Good Growth And Killing The Weeds
As flowers are blooming in real gardens for spring, innovative ideas are blooming metaphorical gardens in payments and commerce. Things are getting...
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4.3KB2B PaymentsMYOB Calls For Two-Factor Authentication Mandate
Australian small business cloud accounting company MYOB is calling for legal action to address the security risks facing small businesses, reports in...
