3323 articles tagged with this keyword
News/security
British Airways faces a record £183.39 million fine for a data breach last year that compromised the personal information - including payment card details - of hundreds of thousands of people.
08 July 2019
News/startups
Nordic banking giant Nordea has invested EUR5 million in P.F.C (Personal Finance Co.), a recently launched Swedish neobank.
05 July 2019
News/Cards
Passengers travelling on Manchester's tram network can now use their contactless payment cards to pay their fares, in the first aggregated Pay As You Go implementation on light rail outside of London
04 July 2019
Uber is tapping the power of Open Banking to provide unbanked drivers with access to a digital account from BBVA within its mobile app in Mexico.
Japanese payments app and putative challenger bank Kyash has raised $14 million in a Series B funding round co-led by Mitsubishi UFJ and Goodwater Capital, the VC firm that recently participated in Monzo's £113 million raise.
03 July 2019
News/payments
Visa is buying Verifi, a payment dispute resolution technology specialist that promises to help firms reduce chargebacks. Financial terms of the deal were not disclosed.
28 June 2019
Goldman Sachs could follow JPMorgan Chase in creating a digital coin, CEO David Solomon has revealed in an interview in which he also dismissed the threat of tech giants such as Facebook moving beyond payments into deposits.
News/devops
Visa has introduced a suite of APIs to help financial institutions and retailers offer their customers the option to pay off instore and online purchases in instalments.
27 June 2019
Open, an Indian neo-banking startup targeting SMEs, is set to launch a "programmable" bank account after raising $30 million in a Series B funding round led by Tiger Global Management.
25 June 2019
Visa is beefing up its security credentials by buying the token services and ticketing business of chip maker Rambus. Financial terms of the deal were not disclosed.
The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India's borders.
18 June 2019
Sweden's central bank says it plans to join the ECB's Target Instant Payment Settlement (TIPS) system to bring 24/7 real-time payments to the country by 2021.
12 June 2019
Just a year after launching its corporate credit card for startups, US fintech Brex has hit a $2.6 billion valuation off the back of a $100 million funding round led by Kleiner Perkins Digital Growth Fund.
11 June 2019
News/retail
Uber has embarked on a hiring spree in New York as part of an aggressive move into financial services that could even see the ride hailing app launch its own bank account, according to CNBC.
Citibank has struck a deal with Asian ride-hailing firm Grab to launch a co-branded credit card in the Philippines.
Australian payments innovation startup Verrency has closed a A$10 million Series A funding round ahead of a planned expansion to Singapore and US markets.
Amazon has teamed up with Synchrony Financial to launch a secured credit card targeted at Americans with no credit history or bad credit.
10 June 2019
Customers of Russia's Sberbank will soon be able to do their banking with a side-order of Big Mac and Fries following a collaboration deal agreed between the state-owned banking entity and the giant US burger chain.
UK startup Amaiz has launched an app-based specialist banking service for freelancers, gig workers, entrepreneurs and contractors.
07 June 2019
With mobile banking and contactless payments becoming ever more popular in the UK, one in 10 Brits now live a largely cashless life, according to figures from UK Finance.
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