59 articles tagged with this keyword
Company update/Dis-intermediation
The UK Financial Conduct Authority (FCA) has issued a warning to consumers about a website cloning Zopa, the popular P2P lender.
13 May 2015
News/Dis-intermediation
Created as the premier event bringing both the most innovative minds in banking together with the exploding FinTech community, Finextra Future Money returns to London on April 21 and 22 for an exciting two day event.
16 February 2015
Funding Circle, an online marketplace for business loans, has hired Barclays Business commercial director Luke Jooste to head up its move into the property finance arena.
18 November 2013
Telekom Austria is to extend its established paybox NFC scheme for parking and transit payments to the merchant point-of-sale.
18 April 2012
UK currency conversion start-up TransferWise, billed as a 'skype for currency exchange", has raised $1.3 million in seed funding from an A-list team of angel investors.
The introduction of a common global language for financial counterparties and products could ultimately lower barriers to market entry and make some bank functions surplus to requirements, a senior Bank of England policy maker says.
15 March 2012
Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.
22 September 2011
UK wireless carrier O2 has contracted with Wave Crest, FIS, Intelligent Environments and Visa Europe to deliver the payments and processing systems for the launch of a full-scale commercial mobile wallet service in the 'second half of 2011'.
19 May 2011
Funding Circle, the UK peer-to-peer lending site for small businesses, has raised £2.5 million in a funding round led by Index Ventures.
21 April 2011
PayPal is looking to extend its remit to the offline bricks and mortar world, with the appointment of Don Kingsborough as vice president for retail and pre-paid products
10 March 2011
UK peer-to-peer lender Zopa is reporting a surge in consumer interest as traditional banks continue to tighten credit lines and milk the spreads on interest-bearing loans.
09 March 2011
Social network facebook is taking its virtual currency to the streets of South East Asia through a partnership with Internet payment group MOL Global.
09 July 2010
Financial messaging network Swift is gaining traction among US corporate treasuries according to a survey conducted by Financial Insights, in a move that presages a subtle shift in the balance of power between banks and their corporate clients.
08 July 2009
San Francisco-based online mobile payments start-up Boku has raised $13 million in venture funding and acquired micropayments outfit Paymo and m-payments firm Mobillcash.
16 June 2009
Wonga.com, an online provider of short-term cash advances launched last year, has completed a new round of funding led by Accel Partners and Greylock Partners. The $22.25m round was also supported by existing investor Balderton Capital.
08 June 2009
Social networking site Facebook has begun testing its much-anticipated virtual currency payments system with third party application GroupCard.
01 June 2009
Belgian telco Belgacom is taking a stake of 40% in Tunz, a specialist in mobile payments, as it looks to develop services for mobile micro-payments.
18 March 2009
Fynanz, a US person-to-person social lending Web site aimed at college students, is to stop accepting new loans due to tough "market conditions" and will now focus on offering its platform to financial institutions.
12 January 2009
Kenyan finance minister John Michuki has ordered an audit of Safaricom's mobile money transfer service M-Pesa, in an effort to allay concerns about the safety of users' money.
11 December 2008
Person-to-person online payments outfit PayPal has launched localised sites in Mexico, Hong Kong and Singapore, enabling customers to conduct transactions in their local currencies.
20 November 2008
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