Metro Bank opens SME registration for on-demand cash service
Metro Bank aims to help business users save time.
Payments
PayPal sues US regulator over its “misleading” digital wallet rules
PayPal wants the Consumer Financial Protection Bureau (CFPB) to change its rules.
EQ Bank signs international payments deal with TransferWise
EQ Bank has integrated TransferWise’s API directly into their infrastructure.
12 days of payment predictions
Tis the season to be knowledgeable!
Latvia’s Robocash set to raise $5m for P2P investments in Southeast Asia
European investors can now back 12-month commercial loans in Singapore.
AxiomSL joins Temenos MarketPlace
Vendor will place its ControllerView solution on the Temenos catalogue.
Token turns digital money solution into new paytech M10
M10 is building a “bank-grade digital money rail”.
Cash management – changes, challenges and opportunities
Cash management is critical for organisations operating across multiple geographies or multiple lines of business.
The time has come to make Open Banking evolve into open finance
The whole financial world must evolve decisively and with openness when approaching and preparing for innovation.
Metro Bank pilots SME receipt management with Sensibill
UK bank hoping to save SME customers some time.
Apple Card fees pinch retailers’ profits this Christmas
Supermarkets are taking a stand against the fees.
Russian AML agency claims $14bn in prevented transactions
Rosfinmonitoring chief talks up Russia’s clampdown on criminals.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
Montréal’s FlexPay raises $6m in seed round
The fintech says 24% of recurring credit card transactions are falsely declined.
Brazilian fintech Cora raises $10m, founded by Wirecard company creators
Founders Igor Senra and Leo Mendes created MOIP which was bought by Wirecard in 2016.
UK remittance fintech Paysend secures Canadian MSB licence
The paytech says its card-to-card service is now used by more than 1.2 million customers.
Canadian credit unions launch Interac Debit on Google Pay
Google Pay integration with Interac Debit allows users to pay with their phones.
CashFlows appoints new COO
Helen Smith joins the business from Earthport and Visa Europe.
AvidXchange launches $300m private fundraising round which could reach $2bn valuation
Previous investors have included Mastercard and PayPal co-founder Peter Thiel.
UK P2P firm Zopa receives £140m injection to keep banking hopes alive
Zopa’s temporary licence was set to expire.
UK firms struggling to meet Mifid II reporting requirements
A fifth of investment firms are failing to report properly.
Nets pilots facial recognition for payments with Danish office workers
Office workers will pay for their lunch using their face.
Video: AEVI at Money20/20 USA – the ultimate merchant experience
How to get the most out of the “business in a box” proposition that smart POS brings.
Systems integration: A path to improved speed, efficiency and value
System integration bridges disparate platforms so they are better connected and seamless
The capitalist eco-warrior
Should companies have a purpose beyond profit?
French challenger Moneway aims to help users control their finances
Countryside neobank preparing to move out of beta.
Ant Financial to raise $1 billion fund for Southeast Asian and India start-ups
The fund is for payments and online finance start-ups.
LatAm Evertec acquires commercial payments enabler PlacetoPay
The acquisition is a gateway for Evertec to tap Colombia and Ecuador.
Fintech API platform Rapyd raises $20m and hits $1.2bn valuation
The company is gearing up to make two acquisitions.
German SME challenger Penta teams up with card reader SumUp to tap offline businesses
Penta is breaking out of its online-savvy customer niche.
Ask the expert: when should a company founder step aside?
When should a founder CEO step back to let their business reach the next level?
Appreciate Group and CleverGift collaborate on UK digital gift card
The card will be UK’s first multi-brand digital gift card.
Reserve Bank anticipates cardless retail landscape in Australia
Merchant fees on card payments in Australia came to AUS $4.3 billion last year.
South Korea to launch open banking system this month
5.51 million open banking accounts have now been registered.
Klarna selects Amazon Web Services as preferred cloud provider
Swedish banking and payment firm puts AWS at the centre of new strategy.
Hastee raises £208m to boost on-demand payroll systems
The firm will use this new capital to increase its scale.
HSBC and Santander to refund customers after breaking CMA rules
The banks failed to message users going into their overdrafts.
Natwest outage stops customers spending savings and payday wages on Black Friday
Some customers said they couldn’t get cash out of ATMs either.
Ingenico announces risk director Panteha Pedram’s appointment to MRC
She will unpick new regulatory changes for the council and its members.
Leaked numbers show only 16% of Curve’s users are active
The UK start-up still insists it will reach 4 million customers by 2020.
