Swift unleashes gpi for corporates pilot
Corporates and banks to test a new multi-bank payments tracking solution.
News
Powerful PayPal parades financial prowess
Revenue, income and payment volumes are all up.
Consumer investment platform Yammi launches in Russia
Created by Yandex.Money and FinEx.
Tally ho! Debt management app gets $25m funding
Series B funding led by Kleiner Perkins.
Five Degrees buys Icelandic core banking provider Libra
Dutch firm seeks boost to its digital banking ambitions.
Figure Eight dates Google Cloud for machine learning
Figure Eight will serve as the data launch partner for Google Cloud AutoML.
Alipay and Tenpay fined for breaking Chinese FX rules
China wants to keep money within its confines.
German digital platform WeVestor powers up
Berlin-based firm targeting entrepreneurial investors.
FinAccel’s payment app Kredivo raises $30m
Jakarta-based firm plans expansion in Southeast Asia.
Earthport brings in new staff to stop rocky financials
CEO and CFO change as payments company reports increasing losses.
Visa and MoneyGram team up for cross-border payments
Will use Visa Direct, its real-time push payments platform.
Rabobank upgrades card management with ACI Worldwide
To help the bank improve its declining card business revenue.
Topicus puts Magic Software $2.3m touch on tech development
The five-year agreement is a plan to boost Topicus’ operations.
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
UK bank Secure Trust selects nCino for digital lending ops
Bank will use nCino’s system for real estate financing.
Dynasty Financial shows maximum interest in MaxMyInterest
Opportunities for savers to make the most of their cash are worth pursuing.
India’s Zoomcar takes digital ID ride with Onfido
This marks Onfido’s sixth ridesharing partnership.
Continuity to provide compliance tech for Affinity FCU
New Jersey-based credit union wants less guess work.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
UK payments firm SP Group fights for survival
Jobs will be lost as the company calls in the administrators.
LaSalle Capital gets perfect payments present with National Gift Card acquisition
Chicago-based private equity firm grabs some payments action.
Saudi Arabia going mada with NFC mobile payments by Visa
In an effort to digitise the country by 2030.
Jabbar unveils digital exchange Kambio Ventures
A blockchain-enabled marketplace for tokenised asset-backed securities.
Fairstone Financial’s lending on fire with Fiserv
LoanServ will consolidate multiple records to decrease response times.
PSR calls for feedback on card acquiring services
Payment Systems Regulator wants a happy UK payments place.
FinLeap makes it nice and Beesy with Italian venture
Fintech company builder founds first firm in Italy.
Digital Asset takes Google Cloud to blockchain
Google developers get access to tools and services for DLT dreams.
Investors in fintech provider FNZ plan £2bn sale
Duo want to offload stakes in New Zealand-based tech firm.
StockViews fuelled by Fuel Ventures investment
Will invest in artificial intelligence technology and grow its team of analysts.
UOB invests in cognitive banking firm Personetics
UOB will also use Personetics’ tech to extend its own machine learning capabilities.
CardFlight gets down with BoomTown for payments
Mobile POS firm teams with San Francisco-based Boomtown.
Starling Bank takes on Monzo with daring debit card design
Horizontal cards are so 2017.
Bank of England confirms blockchain viability for RTGS
DLT-based settlement with central bank money is alive and kicking.
Commerzbank turns to equensWorldline for payments processing
German bank signs up for ten years.
HSBC boosting cloud capabilities with Google
The expansion will improve big data, analytics and fraud detection.
Atos to acquire digital dynamo Syntel for $3.4bn
Syntel provides cloud, social media, mobile, analytics and IoT solutions.
Sumitomo Mitsui Trust Bank goes live with DTCC’s Alert
Becomes the first Japanese global custodian on the database.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
PayU acquires ZOOZ to build cross-border payment platform
With aims to expand to high-growth markets.
