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Finextra's 2017 in review

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Finextra's 2017 in review

As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.

Tsys agrees $1.05 billion takeover of Cayan

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Tsys agrees $1.05 billion takeover of Cayan

Mergers and acquisitions activity in the hot payments space shows no sign of abating as Tsys agrees a $1.05 billion deal to buy out Boston-based merchant acquirer Cayan.

NCR to roll out bitcoin-enabled ATMs in the UAE

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NCR to roll out bitcoin-enabled ATMs in the UAE

NCR has teamed up with UAE cryptocurrency exchange CoinHub to enable users to make cash withdrawals from their bitcoin accounts at the ATM.

Retailers eye the potential of Open Banking

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Retailers eye the potential of Open Banking

Large retailers are eyeing up the potential benefits of the forthcoming introduction of revised payment rules in Europe, with a sizeable proportion planning to tap directly into consumer account data to drive down transaction fees, tailor products, and create innovative loyalty programmes, according to research from Accenture.

Portland puts virtual transit fare card in Android Pay

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Portland puts virtual transit fare card in Android Pay

Google has teamed up with Portland's public transport operator TriMet to make the world's first virtual transit fare card available within Android Pay.

CBA to roll out 'tap-on-phone' contactless payments

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CBA to roll out 'tap-on-phone' contactless payments

Commonwealth Bank of Australia business customers will soon be able to accept a payment by simply tapping their phone with a contactless card or mobile wallet.

SoFi partners WSFS Bank for cash management account

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SoFi partners WSFS Bank for cash management account

US online lender SoFi is gearing up to launch a cash management account early next year after inking a payment processing and debit card sponsorship agreement with WSFS Bank.

See, hear, feel: Visa rolls out 'sensory branding'

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See, hear, feel: Visa rolls out 'sensory branding'

In an ever-expanding universe of connected, payments-enabled devices, Visa is looking to reassure consumers (and promote itself) with a "sensory branding" programme that will use sound, animation and haptic cues to signify completed transactions.

Visa claims UK interchange victory

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Visa claims UK interchange victory

Visa is looking to play nice with UK retailers after scoring a High Court victory in a long-running battle over interchange fees.

In Europe, cash still dominates at the POS

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In Europe, cash still dominates at the POS

Cash still dominates at the point of sale in Europe, accounting for more than three quarters of all in store transactions in the euro area last year, according to an ECB study.

Starling integrates with loyalty point startup Yoyo

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Starling integrates with loyalty point startup Yoyo

Starling Bank is continuing its mission to provide a platform for fintech apps, striking a deal with Yoyo Wallet to enable cardholders to automatically receive retailer loyalty points at participating high street stores.

Boston transit network to go contactless

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Boston transit network to go contactless

Boston's transport network is climbing aboard the contactless payment wagon, inking a $723 million multi-year contract with Cubic-John Laing for the design, integration, and implementation of a new Automated Fare Collection system.

Demand for cash shows no sign of diminishing

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Demand for cash shows no sign of diminishing

Despite the explosion of technology in the payments sector, demand for notes and coins continues to match or outpace GDP in all major economies bar Noway and Sweden, according to a report produced by the San Francisco Federal Reserve.

UK Open Banking expanded to cover all PSD2 products

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UK Open Banking expanded to cover all PSD2 products

The UK's Open Banking project is being expanded to embrace all payment account types - including credit cards, prepaid cards and e-wallets - covered by PSD2.

Norway's banks look to merge payment services

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Norway's banks look to merge payment services

A group of Norwegian banks are preparing to merge their payments systems in an effort to protect themselves from an expected challenge from Silicon Valley.

All that glitters: Glint opens gold-based debit account

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All that glitters: Glint opens gold-based debit account

Glint, a London-based fintech startup that enables users to store, spend and save their wealth in gold, has moved into public beta.

BofA Merrill Lynch unveils Card Assistant

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BofA Merrill Lynch unveils Card Assistant

Bank of America Merrill Lynch has launched a digital tool that delivers information and education to commercial card clients.

UK cryptocurrency exchange startup launches debit card for spending bitcoin

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UK cryptocurrency exchange startup launches debit card for spending bitcoin

A UK startup is launching a cryptocurrency exchange that comes with a debit card that lets users spend their bitcoin anywhere in the country.

Monzo lets customers tap to activate debit cards

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Monzo lets customers tap to activate debit cards

UK digital challenger bank Monzo has found another little way to make life simpler for customers, letting them activate their new debit cards by tapping the plastic against their NFC-enabled Android phones.

Digital receipt startup Flux scores game-changing deal with Barclays

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Digital receipt startup Flux scores game-changing deal with Barclays

Barclays has become the first of the high street incumbents to engage with Flux, a digital receipt startup that is gaining traction with the new wave of UK challenger banks.

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