First JCB card issued in India with NPCI partnership
The new card is designed to serve outbound Indian travellers.
Partnerships
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
Mastercard and Nationwide announce new partnership
Building society prepares to launch new business banking service.
Morgan Stanley and Box launch document sharing portal
The platform promotes communication between financial advisors and clients.
Capital on Tap partners with Marqeta
It has provided nearly £1 billion in funding to more than 60,000 small businesses in the UK.
soCash raises $6m in Series B
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
Kaleyra and Epiphany join forces on open banking
It enables the two to jointly support banks with PSD2 compliance.
Thomson Reuters acquires HighQ
It enhances their aim of providing more cloud-based software for legal professionals.
Ebury joins forces with Unicaja Banco
Partnership offers global transaction services to the bank’s SME customers.
PayTech Awards 2019 winners announced!
Celebrating excellence and innovation in the payments industry and people who make it happen.
Angels Den Funding selects Lemon Way for UK payments
The paytech won the bid following a tough competitive analysis.
White paper: Are you using the best approach to catch digital identity fraud?
Donwload the Onfido white paper now!
TEM becomes first cryptocurrency created at Royal Mint
The private crypto keys and genesis block have been stored in the vault.
Canada’s PaymentsMB taps Cardstream for European expansion
Cardstream will link up with acquirers and suppliers.
HSBC creates private banking portal with Finantix
Finantix Components provides business logic, insights, user journey standards and interfaces.
JCB and Interac Corp agree Canadian ATM deal
JCB cardholders can withdraw cash at machines throughout Canada.
DocuSign picks GoCardless to drive European growth
The move offers subscription payment alternatives to cards and PayPal.
SpotOn targets SMEs with exclusive TSYS deal
The agreement will expand payments capabilities to merchants.
Incuto partners HM Treasury to boost credit union membership
The fintech enables credit unions to digitise their services.
Intrum picks Qualco software to streamline debt collection
The deal follows a 15-month analysis phase.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Small World picks Credorax to streamline European payments
Two other companies have helped to build the tailor-made solution.
Visa and PayPal’s new deal
While the US service is powered via a partnership with JPMorgan Chase, PayPal’s Instant Transfer in Canada is powered by Visa’s push payments system, Visa Direct.
Video: fintech news weekly round-up – 8 July 2019
Some of this week’s news, in video format!
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
An after after-dark round-up
FinTech Futures unravels the hot topics covered at 11:FS’ live podcast.
Monese and PayPal partner to enhance its mobile features
It follows PayPal’s investment in Monese’s Series B.
Australian FIs team up for Lygon blockchain pilot
The platform will seek to modernise the management of bank guarantees.
AIFC and Fidor Solutions to boost fintechs in Kazakhstan
The MoU will also promote innovation in Central Asia.
UnionPay expands into Italy with Banca Sella deal
Greater acceptance will help merchants meet the needs of Chinese tourists.
The rise of technology in the insurance field: the case of black boxes
Technology is continuously evolving together with the amount of data generated by a vehicle.
Bank for International Settlements builds innovation hubs
Starting in Switzerland, Hong Kong, and soon in Singapore.
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Linio Colombia and Ingenico ePayments partner up
Ecommerce is booming in Colombia.
DXC and Zafin form core systems partnership
This aims to bring product and pricing control solutions to Hogan and Celeriti users.
Bank of Ireland UK sells credit card portfolio for £530m
Jaja will become the consumer credit card issuer for the bank and the AA.
Axinan and Sompo Indonesia team up
The acquisition aims to provide a digitised claims management infrastructure.
ICC 2019, Moscow: an interview with Dmitry Samartsev
Bi.Zone’s CEO talks about the interactions between governments and companies around cybersecurity.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
