Positive Money targets UK swing seats hit hardest by free ATM losses
Labour could grab six seats and the Conservatives could grab five.
Payments
Customer involvement in fraud mitigation
Pressure for speed has impacted the time available to ensure accuracy.
FIS integrates IBM to help clients counter fraud
IBM Safer Payments has been installed in FIS’s P2P solutions
Heritage Bank signs Diebold Nixdorf on five-year ATM services contract
Diebold Nixdorf will take charge of a fleet-wide upgrade to Windows 10.
Tandem Bank signs up TrueLayer for account aggregation
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
Clearhaus and Newgen Payments sign payments partnership
Two firms will create white label solutions for PSPs.
As platformania reaches its peak, what is the secret to marketplace liquidity?
Over the last ten years, the platform business model has risen exponentially in popularity..
Westpac AML failure allowed 23m illegal transactions, say regulators
The bank failed to stop 23m potentially illegal transactions
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
TSB suffers fresh payments glitch
Customers reporting lack of wages as internet banking slows.
Cornèr Bank launches first biometric credit card in Switzerland
The credit card will be issued to an initial 100 customers.
How paytech helps the gaming world tap the under-banked populations
Paysafecard and G2 Esports reveal how paytech taps underbanked gamers.
Nium powers cross-border payments for Cambodia’s PhillipBank
Cambodian institutions are increasingly engaging with their global counterparts.
Former ASOS CTO joins Sonovate
Strudwick will oversee product, engineering, infrastructure and data teams.
PayPal sweetens e-shopping processing with Honey deal
The acquisition is PayPal’s largest to date.
Australia’s paytech Tyro plans to float on country’s stock exchange and raise $173.2m
Tyro is also reportedly pursuing a $1 billion valuation.
Tencent-backed Yeahka seeks $300m in Hong Kong IPO
The company aims to seek a listing hearing as soon as February.
Corporate payments struggling to catch retail innovation
Currencycloud’s Todd Latham believes corporate payments will never catch up.
HSBC’s US businesses can send real-time payments, bank launches global CX programme
The payments leverage the RTP network developed by The Clearing House (TCH).
BRICS nations aiming for common payment system
Russian official says the association is looking to reduce reliance on USD.
Ex-Virgin Money execs’ venture Snoop gets FCA approval
It can now receive financial data from banks as a registered third party.
UK mobile-enabled credit card Tymit raises £4m
Users can bundle abroad purchases into one big repayment.
SoftBank confirms Yahoo Japan and Line Corp merger to create tech giant
The merger is in a bid to better position the companies against competitors.
Fraud reimbursement plan stalls with lack of industry consensus
Pay.UK calls on banks to come together and back creation of central fund.
Opera-owned OPay raises $120m in Series B funding round
The Nigerian start-up will use the fresh cash to expand in the region.
Monzo’s COO quits to launch a grocery start-up
The departure of Foster-Carter is the latest in a few personnel changes at Monzo.
Elavon to acquire Sage Pay in £232m deal
The acquisition signals the start of a UK and Ireland expansion for Elavon.
Business payments platform Bill.com set to raise $100m in IPO
Underwriters listed include Goldman Sachs, BofA Securities and William Blair.
Japan’s elderly fight back against cashless wave
Tokyo wants to double the ratio of cashless settlements to 40% by 2025.
Bank Millennium to deploy OneSpan Cronto verification system
The Polish bank chose OneSpan after surveying its customers.
FTC puts Visa and Mastercard under debit routing microscope
Major card schemes under investigation for blocking other network payments.
Why banks can profit from “smart” POS
There is a shift from traditional payment services provided by banks and others.
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
Cardlay raises €9m in Series B funding and signs deal with Eurocard
Danish start-up aims for expansion in Scandinavia and beyond.
Alipay aims for integration with 10m European SMEs by 2024
Chinese payments firm continues its acceptance march in Europe.
JP Morgan signs commercial card deal with Boost Payment Solutions
Software firm to provide new solutions to underpin JP Morgan’s single-use accounts.
Clearing the liquidity fog in 300 milliseconds
FinTech Futures speaks to CEO and founder of RTGS.global, Nick Ogden.
Google sets its eyes on banking next year
The tech giant allegedly doesn’t intend to sell customers’ data.
Standard Chartered taps Quantexa to boost AML controls
Dynamic entity resolution and network analytics to be implemented at the bank.
Open Banking Expo 2019: Vested interests preventing international adoption
Industry panel discusses the reaction other markets have had to the UK’s Open Banking initiative.
