Non-bank competitors

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/payments

AFP: Does the US need Faster Payments?

How much choice is too much choice? The second day of AFP in Nashville, Tennessee, saw BNY Mellon’s Sumner Francisco, Finzly’s Karuna Kathir, PTap Advisory’s Peter Tapling and Walmart’s Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.

/predictions

Why US fintech and banking is at an inflection point

Boston Fintech Week returned this week for its seventh instalment, welcoming industry experts and executives to a two day conference at the Federal Reserve Bank of Boston to discuss the state of banking and fintech at full throttle in the US, and explore what lies ahead.

/startups

EIB announces plan to boost funding for European fintechs

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

/startups

Irish fintech spending falls by 90% in H1

The first half of 2024 has seen a dramatic decline in spending within Ireland's fintech industry, reflecting cautious investor sentiment.

/wholesale

Business finance outfit Qonto lands in new European countries

Qonto, the leading European business finance solution for SMEs and freelancers, continues its international expansion and has announced, effective from 1st October, it is launching in Austria, Belgium, the Netherlands and Portugal.

/payments

InCred Finance and Ola collaborate to provide personal loan services

InCred Finance (InCred Financial Services Limited), one of India's leading diversified lending-focused NBFCs and Ola Money(Ola Financial Services), have announced a strategic partnership to provide seamless personal loan services to Ola users directly through the Ola app.

/payments

ixigo and AU Small Finance Bank launch travel credit card for RuPay users

ixigo, India's leading OTA for the next billion users and AU Small Finance Bank, the largest Small Finance Bank of India, announced the launch of the RuPay variant for its premium co-branded ixigo-AU Small Finance Bank travel credit card, enabling UPI-based payments and rewards.

/retail

NatWest to acquire Sainsbury's Bank

NatWest is to acquire the retail banking assets and liabilities of the banking arm of UK supermarket chain Sainsbury's.

/payments

Thunes and Visa survey reveals conflicted attitudes on European payment interoperability

A new survey of payment leaders by Thunes, a global money movement innovator, and Visa, a world leader in digital payments, reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting the challenges firms face in integrating across multiple markets and systems.

/payments

TransferGo partners with Tink for international money transfers

TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.

/payments

NextGen Nordics 2024: BNPL just has a bad rep

At NextGen Nordics 2024 in Stockholm, experts engaged in a lively conversation on Buy Now Pay Later (BNPL) in a panel session.

/payments

NextGen Nordics 2024: Nordics can look outwards for new instant payments approaches

In the first panel of NextGen Nordics 2024, Finextra’s head of content Madhvi Mavadiya moderated the session: ‘Instant payments – how to prepare for RIX-INST on TIPS and the benefits of starting with Swish’.

/startups

EBAday 2024: Calling early-stage startups to showcase products

The 19th edition of EBAday, the largest annual European event for payments and transaction banking, will return on 18th – 19th June 2024 at CCL in Lisbon, Portugal.

/payments

MPE 2024: What’s new for merchant payments and the role of digital wallets?

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.

/sustainable

Digitisation is a priority for ESG initiatives – Paymentology

ESG has a new meaning in 2024, with more and more financial institutions becoming increasingly transparent in their sustainable principles, and governments pushing harder for green regulation within the industry.

/payments

Checkout.com hit by over £100 million in losses

Payments platform Checkout.com has reportedly suffered a £100.5 million loss in its UK company.

/security

Revolut says Meta platforms are a 'hotbed' for scams

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

/payments

Atlantic Money set for launch in North America and Australia

UK fintech, Atlantic Money is set to offer its fixed-fee money transfers across additional major markets in the United States, Canada and Australia.

/payments

Top 5 payment stories you missed in January 2024

Fintech is a busy world and sometimes we miss out on the biggest stories. Here are some of the top stories we saw in January 2024.