Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

JPM Coin launches programmable payments

Onyx by JP Morgan has launched programmable payments for blockchain-based accounts on JPM Coin. The solution allows users to use a ‘If-This-Then-That’ interface to program their transactions.

10 November 2023

News/cloud

Volante raises $66m

Cloud payments fintech Volante Technologies has raised $66 million in a funding round led by Sixth Street Growth.

07 November 2023

News/payments

Thought Machine and Form3 team on real-time payments in US and Europe

Thought Machine has enlisted cloud-native account-to-account platform Form3 to add FedNow, TCH RTP and Sepa Instant Credit Transfer connectivity to its payment platform.

24 October 2023

News/payments

JP Morgan’s Pay-by-Bank product goes live

JP Morgan and Mastercard have announced the launch of their Pay-by-Bank solution, giving billers the ability to allow their customers to pay bills directly from their bank account, using traditional ACH banking rails.

20 October 2023

News/payments

Varo Bank launches no fee payments feature “Varo for Everyone”

Varo Bank has announced a new free instant payments feature called Varo for Everyone that will allow those with a US debit card to make quick and easy money transfers.

22 September 2023

News/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

30 August 2023

News/cloud

How the US financial sector is embracing digital transformation in payments

During the Temenos Community Forum in Vienna in May this year, Finextra spoke to Phil Barnett, president of the Americas at Temenos, and Charles Kim, executive VP and CFO at Commerce Bank to discuss digital transformation in the US payments industry.

17 August 2023

News/payments

Brazil's Matera buy Cinnecta to bring AI to instant payments

Brazil's Matera is bringing AI to instant payments after acquiring local outfit Cinnecta. Financial terms of the deal were not disclosed.

16 August 2023

News/payments

FedNow will be a ‘large accelerant’ for fintech - Plaid CEO

FedNow, the Federal Reserve’s new payments system that was launched last week, is predicted to bolster growth for the US fintech sector according to Plaid CEO Zach Perret.

28 July 2023

News/regulation

EBAday: Preparing for the new European legislative landscape

The role of the legislation is a core part of any EBAday, and this was not missing from EBAday 2023. A session on the second day of the event aimed at highting how to prepare for the European legislative landscape of the instant payments regulation and the upcoming Digital Operational Resilience Act (DORA).

26 June 2023

News/payments

EBAday: Moving money should be just as easy as moving data

The last two sessions of day one of EBAday returned to the theme of instant payments, with the first of these updating the audience on the status of immediate cross-border payments.

23 June 2023

News/startups

EBAday 2023: iPiD announced as Fintech Zone winner!

During the past two days, 16 early stage, early growth fintech startups from across Europe and beyond pitched their proof of concepts or working products on the exhibition floor of EBAday 2023 in Madrid, Spain.

21 June 2023

News/payments

EBAday 2023: Customers expect instant payments today

The afternoon of EBAday 2023, day one, in breakout one got straight into a key theme of the event, immediate cross border payments.

21 June 2023

News/payments

EBAday: Future payments and banking challenges can be overcome with collaboration

Kicking off the 18th edition of EBAday – this time in Madrid, Spain – Wolfgang Ehrmann, chairman, Euro Banking Association, opened the show by gracing the stage and welcoming nearly 1200 practitioners from all corners of the payments and transaction banking ecosystem to discuss the latest trends and share different perspectives.

20 June 2023

News/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

16 June 2023

News/payments

UK's cashless transition under the microscope as Payments Choice Alliance pushes back

The UK is gearing up to follow the footsteps of Norway and Sweden as an increasingly cashless society given the sparse usage of cash post-pandemic. London in particular has become a hub for online payments, with a significant number of retailers no longer accepting cash. The transition was intensified by the need to socially distance during the pandemic, as the usage of e-wallets and digital transactions has accelerated.

12 May 2023

News/payments

Payments Canada Summit: TD Bank’s Kushank Rastogi on real-time payments

Ahead of Payments Canada Summit, Finextra spoke to Kushank Rastogi, head of Canadian real time payments, TD Bank Group about the key characteristics of real time payments, future commercialisation opportunities and how the Canadian payment ecosystem is undergoing large-scale transformation with the introduction of a real-time payment system, the Real-Time Rail (RTR).

05 May 2023

News/payments

NextGen Nordics: Beyond P27, there is still hope for Nordic harmonisation

NextGen Nordics 2023 kicked off with a panel on the challenges and opportunities in the road for harmonisation across transaction banking services.

25 April 2023

News/payments

P27 Nordic Payments withdraws second clearing application

The future of P27 Nordic Payments (P27), the largest regional, cross-border, instant payment project to be attempted in history, is uncertain.

20 April 2023

News/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

31 March 2023

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