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

JPMorgan leads $30m funding round for Cloud9

JPMorgan Chase, Icap and Barclays are among the big names that have joined a $30 million Series A funding round for cloud-based trading communications provider Cloud9 Technologies.

12 October 2016

News/Telecomms

Mobile ID scoring firm Juvo goes global

Juvo, a company which provides identity scoring from mobile phone usage data to bring financial services to the unbanked, has launched globally with a $14 million funding round.

09 September 2016

News/Telecomms

Boku bids for mainstream acceptance with $13.7 million funding round

Carrier billing outfit Boku has secured $13.7 million in venture funding as it bids to capitalise on increased demand from major merchants in developed economies.

01 September 2016

News/Telecomms

MegaFon moves into banking with mobile card account

Russian telco MegaFon is to provide subscribers with a MasterCard chip-based card that can be topped up from a user's mobile account and used to make online and offline purchases.

30 August 2016

News/Telecomms

Telefonica Germany launches Fidor-backed mobile banking service

Telefonica Germany has launched a mobile banking service using white-label technology supplied by Fidor Bank.

25 July 2016

News/Telecomms

NAB and Telstra form joint venture to launch SME marketplace

National Australia Bank and Telstra have partnered to create a digital marketplace where small businesses can barter their services.

02 June 2016

News/Telecomms

FNB signs 100,000 subscribers to mobile network

South Africa's FNB has signed 100,000 users to its mobile network service since it announced plans to take on the country's telcos with the launch of its own SIM cards in June.

02 November 2015

News/Telecomms

Visa ices Indian mobile finance project

Visa has shut down its mobile money joint venture with Monitise in India after failing to win over support from mobile network operators, according to a report in the Times of India.

22 September 2015

News/Telecomms

FNB launches mobile network

First National Bank is taking on South Africa's telcos with the launch of a mobile virtual network, offering customers its own SIM cards.

05 June 2015

News/Telecomms

Finovate Europe 2015 - Day 2 Roundup

The second and final day of Finovate Europe saw 32 startups take the stage to try and impress a packed crowd of fintech VCs, journalists, bankers and experts. PFM, mobile payments and wealth management all made an appearance, often to a critical audience - while other firms attempted to push the boundaries of fintech, causing a huge buzz within Old Billingsgate and on social media.

11 February 2015

News/Telecomms

Equity Bank to take on M-Pesa with Thin SIM technology

Kenya's Equity bank is looking to take on M-Pesa with the release of an ultra-thin smart SIM that users can apply to access the bank's mobile money service without needing to use dual-SIM phones.

07 October 2014

News/Telecomms

Boku acquires carrier billing competitor mopay

US carrier billing company Boku has acquired one of its leading competitors, Germany-based mopay, extending its network to hundreds of new online merchants and consumers worldwide.

07 October 2014

News/Telecomms

Asian telcos form NFC alliance

Four Asian telecommunications firms have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding.

25 February 2014

News/Telecomms

MasterCard and German telcos promise mass-market mobile payments

MasterCard is partnering with leading German telcos Deutsche Telekom, Telefónica Deutschland and Vodafone to develop a mass market mobile payments network covering 80% of handset-owners in the country.

25 February 2014

News/Telecomms

Wells Fargo joins Isis Mobile Wallet scheme

Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis mobile wallet in the first phase of a pilot test of the technology, which enables consumers to use their handsets to pay, redeem coupons and present loyalty credentials at the point-of-sale.

13 December 2013

News/Telecomms

Italian ACH, SIA takes controlling stake in European telco

Italian payments processor SIA has acquired a controlling interest in telecomms firm Emmecon as part of a strategic plan to build a European infrastructure simplifying the link between merchants and banks at the point-of-sale.

26 July 2013

News/Telecomms

Regulatory incoherence could stifle development of NFC - Acma

Australia's communications and media watchdog is warning that regulatory incoherence could stunt the growth of NFC-based mobile payments in the country.

06 June 2013

News/Telecomms

Indian financial services IT spending to grow 12% in 2012 - Gartner

Indian banking and securities companies will spend 416 billion rupees on IT products and services in 2013, an increase of more than 12% on last year, according to Gartner.

30 January 2013

News/Telecomms

World Bank calls for payments deregulation to boost remittance flows

Remittance flows to the developing world are expected to total $406 billion this year, says the World Bank, but the promise of mobile remittances has yet to be fulfilled.

23 November 2012

News/Telecomms

Vodafone Italia debuts NFC-based mobile payments in Milan

Vodafone Italia has become the latest European carrier to begin a mobile payments trial, kicking off in Milan ahead of a planned nationwide roll-out in 2013.

12 October 2012