Paytech firm ai Corporation secures $2.5m funding
Firm looks to expand its services in payments globally.
Payments
PayPal CEO commits to $3bn a year in M&A spending
Spending spree is not slowing down yet.
Thinking Capital and Equifax go to BillMarket for Canadian SMEs
The duo have launched a new solution, BillMarket.
Mastercard and Strands join hands for SME payments
Will provide digital cash management and payment tools.
EQT to acquire Saxo Payments Banking Circle
Transaction is expected to close in Q4 2018.
Tradeshift meets its MakerDAO for blockchain payments
MakerDAO is creator of Dai, a decentralised stablecoin.
Kleros teams with Market Protocol for decentralised derivatives trading
Another step for Kleros to build its dispute resolution infrastructure.
Square no longer angling for US bank charter
Plans to apply later to the Federal Deposit Insurance Corp.
Top fintech stories this week – 6 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Synchrony to buy PayPal’s consumer credit receivables
This frees up liquidity for PayPal. Hmmm?
Additiv and Orange Business Services in juicy wealthtech hook-up
European robo-advisor Additiv makes its cloud-based tech available to banks and FIs.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Inspire FCU to deploy Nymbus core banking solutions
Nymbus will replace 15 technology vendors in the process.
The impact of the new Visa Claims Resolution
Visa has just changed how it addresses the process for disputes on transactions, i.e. chargebacks.
JP Morgan Chase’s mobile app Finn goes nationwide
Finn by Chase is designed for millennials in the US.
Social savings firm InSpirAVE offers early access to platform
US firm unveils new look and multi-screen experience.
Top fintech stories this week – 29 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US mobile app Mezu fires up with privacy promise
Lets people give and get money without sharing personal information.
US mobile start-up AeroPay preps for lift off
Chicago fintech firm will launch beta version soon.
Banking Technology Awards 2018: celebrating most innovative projects of the year!
Enter the awards by 31 August.
Amex and Amazon ally in co-brand card game
One of the GAFA gang reveals its paytech plan.
Mexico preps fintech law for crypto and AI boost
Banking and Trading National Committee says September will see its full release.
Fiserv and InComm partner for cash billpay
Customers can pay their bills using cash. Whatever next.
Venmo shines brightly in debit card roll-out
The card’s beta is now closed, and the public roll-out has started.
American Express wins eight year-long court battle over antitrust issues
The lawsuit accused Amex of stifling competition.
Gusto turns payday into any day with Flexible Pay
Workers can get paid outside of their employer’s standard payroll schedule.
US Bank partners with Optum360 to help hospitals’ money management
Brings support in revenue cycle management at receivables at hospitals.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
National Bank brings NFC mobile terminals to Canada
Canadian Mobeewave provided security and encryption.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
Top fintech stories this week – 22 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Canada’s Interac Lab gets in on innovation hub act
Based within the Communitech tech hub in Ontario.
Square acquires crypto licence in NYC
Gearing up for launch of Cash App, which includes crypto exchange services.
Webinar: How to automate critical processes with compliance in mind
Are your processes compliant by design?
Billshark and Payrailz go bill busting
Billshark negotiates with service providers to find the best possible terms for monthly bills.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
Fiserv on the money for Dollar’s retail and business banking
Architect to be used as single platform.
How blockchain could change the global remittance industry
The scope of blockchain for remittance is increasing in emerging markets.
Risk Ident keeps watch for fraud over Universum
Universum’s device fingerprint tech will up its security.
