Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Payments
Uber partners Mastercard, Marqeta to launch new card offering for drivers
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
Report: Banks and the digital payments revolution
Global research by Visa reveals how banks can prosper amid the disruption.
Finalists announced for Banking Tech Awards 2022
Congratulations to the 2022 finalists!
Swift pilot lays foundation for use of CBDCs and tokenised assets in global finance
Swift says CBDCs and tokens can be deployed at scale to facilitate trade and investment across the world.
What the FinTech? | S.3 Episode 14 | How team work makes the dream work
In this episode, we’re joined by Gabriele Columbro, founder and executive director of FINOS.
Automated debt payment platform Tally bags $80m Series D
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
Global PSP Worldline obtains 40% stake in Dutch Online Payment Platform
OPP founder and CEO between them own the remaining 60% of the company.
CBDCs come to the international stage as a future cross-border option
CBDCs will become the de facto cross-border payment mechanism within the next decade, or possibly sooner.
FinTech Futures: Top five stories of the week – 30 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: KPay, InstaPay, Frost and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Billtrust snapped up by EQT Private Equity in $1.7bn deal
The deal, set to close in Q1 2023, will see Billtrust become a private company.
HSBC and Oracle NetSuite launch new accounts payable solution
NetSuite AP Automation is available in the US as part of NetSuite’s SuiteBanking offering.
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
FinTech Futures: Top five stories of the week – 23 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Payoneer appoints Assaf Ronen as its new chief platform officer
In his new role, Ronen will lead Payoneer’s newly created platform division.
Video: Scotiabank at FinovateFall 2022 – The real-world use cases for crypto in banking
We chat with Amreen Sodhi of Scotiabank about the future of cryptocurrency in banking and payments.
“Care now, pay later”: medical care fintech Scratch raises $35m Series C
Scratch offers a payment model to help patients cover the cost of medical care.
Banc of California buys Deepstack Technologies for $24m
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
Could the UK PSR’s review of card fees boost B2B credit card payments?
Businesses are foggier on the cost of their credit card payments than any other payment type.
Fraud prevention and compliance fintech Sardine nets $51.5m Series B
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
Enterprise tech provider NCR to split into separate digital commerce and ATM firms
NCR says the split will “unlock value” for the company’s shareholders.
Fintech platform for freight and logistics, Denim, closes $126m Series B
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
New fintech platform Ratio emerges from stealth raising $411m
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
How coopetition can boost financial inclusion in LatAm
An environment of coopetition between companies can further democratise access to financial services in LatAm.
The importance of card and mobile money interoperability in Africa
For the African fintech revolution to reach its true potential, interoperability needs to be completely borderless.
FinTech Futures: Top five stories of the week – 16 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Goldman Sachs and Modern Treasury partner for embedded payments initiative
Modern Treasury and Goldman Sachs Transaction Banking aim “to accelerate the shift to embedded payments”.
ICYMI fintech funding round-up: Kippa, Payall, Trek Health and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US credit card start-up Power raises $316m funding
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
TD Bank and DailyPay team for real-time earned wage access
The partnership will allow the bank’s clients to give their employees access to earned wages before payday.
Bottomline acquires AP automation and real estate payments specialist Nexus Systems
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Software management start-up Cledara lands $20m Series A
The money raised by Cledara will go towards the US expansion.
PayPal names John Kim as its new chief product officer
As PayPal’s EVP and CPO, Kim will lead the consumer and merchant product and engineering teams.
FinovateFall 2022: Q&A with MoneyGram chairman and CEO Alex Holmes
FinTech Futures chats with Alex Holmes about the evolution of cross-border money movement.
JP Morgan to acquire US paytech firm Renovite
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
US paytech Aurora snaps up One Payment
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
FinTech Futures: Top five stories of the week – 9 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apple Pay edges out Mastercard with more than $6tn in ATV
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
