Inclusion, innovation, and mobile money in Sub-Saharan Africa
“If our systems fail, a big part of the economy would fail,” says exec.
Partnerships
Wirecard and Singapore’s Grab partner on payments
The partnership will begin in Malaysia, the Philippines and Singapore.
Visa teams up with Nigeria’s Paga
Lagos-based Paga holds more than 14 million customers across Nigeria.
Greensill buys Aussie payday advance app Earnd
The acquisition marks Greensill’s move into payday finance.
Aussie neobank Hay chooses Mambu’s cloud banking platform
Mambu landed two other Asia-Pacific deals this month.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Video: Top fintech stories this week – 06 March 2020
FinTech Futures’ weekly news round-up.
US challenger Branch partners Cardtronics to offer fee-free ATM service
Minneapolis-based Branch expands fee-free network.
Starling Bank amps up advertising efforts with Team GB win
The bank is offering every British athlete an account with £100 in credit.
Fiserv acquires long-standing partner MerchantPro Express
The two firms have held a partnership since 2009.
China’s Ant Financial buys small stake in Swedish unicorn Klarna
Klarna is already embedded into Alibaba’s AliExpress.
India’s lending start-up SMEcorner bags $30m Series B
The round was led by a $10.5 million investment from Germany’s Paragon Partners.
ATB Financial’s digital bank Brightside launches in Canada
The neobank is focused on “making saving easy”.
Samsung SDS and Credorax to launch DLT account reconciliation platform
The companies say the decision to team up was driven by open banking.
Refinitiv buys US wealth management fintech Scivantage
The deal amount is yet to be disclosed.
Dissecting banking technology trends in 2020
This year will be one of continued disruption and evolution in banking technology.
PPRO gives Europe’s merchants access to Chinese shoppers with UnionPay
The Chinese ecommerce market is currently valued at more than $1 trillion.
New Zealand’s central bank launches new market infrastructure with Italy’s Sia
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
Data firm Akoya spun out as independent company by FMR
Akoya goes it alone after less than a year under FMR umbrella.
WeChat Pay boosts UAE footprint with Network International
Network International partners now able to connect to WeChat Pay.
Exclusive: Unite Global gets $5.25m from Svea to launch cross-border payments hub
The new hub will select 8-12 partner banks to deliver global instant payments.
Video: Top fintech stories this week – 21 February 2020
FinTech Futures’ weekly news round-up.
WorldRemit partners with Varo Money
The partnership will enable direct access in the Varo app to the WorldRemit service.
Wirecard and Raiffeisen Bank team up to serve Eastern European markets
Raiffeisen Bank will use Wirecard to process payments across 13 Eastern European countries.
What is office politics, anyway?
For some, politics is about winning the battle. For others, it’s wining the war.
St Helena introduces electronic payments to the island with iPayu
The island is just 16 kilometres wide in size and home to 4,500 people.
Starling Bank lends through Zopa while it builds its own platform
The neobank currently holds £1.25 billion in deposits.
Flywire secures unicorn status with $120 million Series E funding round
Goldman Sachs led the latest round.
Diebold Nixdorf to manage Belgian banks’ combined ATM network
Argenta, AXA Bank, Crelan, and vdk bank pick DN for ATM upgrade.
Service models: The future of fintech
FinTech Futures talks to two BPC senior VPs about the company’s new processing business.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
Bankable and Visa extend partnership with US collaboration
Bankable also plans to open New York office.
OakNorth to deploy lending platform for Dutch lender Oimio
Newly-launched firm aims to help SMEs with loans of €1-10 million.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Desjardins signs multi-year contract with AI fintech Exagens
The 25-person fintech will continue to power the bank’s ‘Assistant AccèsD’.
Crédit Agricole acquires majority stake in aggregation fintech Linxo
French cooperative to own 85% of Linxo after deal.
The future of trade finance
We speak to Mastercard, NatWest and Marco Polo senior executives about their partnership.
White paper: Payments outsourcing – pros, cons & considerations that should be on your radar
Practical guidelines for banking institutions to consider when choosing a vendor.
Barclays signs tech partnership with invoice insurance firm Nimbla
UK bank to offer Nimbla technology to one million SME customers.
