Equifax Inc., (NYSE: EFX) a global data, analytics and technology company has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets.

Wirex, one of the first UK FCA regulated providers of digital money solutions, has embarked on a ground-breaking new collaboration with Stellar to release 26 fiat-backed stablecoins for its 2 million+ users and 5000+ business clients.

Johan Toll, CTO, Europe - IPsoft speaks about company's cognitive assistant Amelia and 1Bank app

​Finnish fintech company Mash partners with Tink to take the next step in becoming a fully data-driven payment solution provider.  

Stripe launched Stripe Billing in Europe. As a product built on top of Stripe’s core payments infrastructure, Stripe Billing simplifies the recurring billing process for SaaS and subscription-based companies, such as Slack and Meetup in the US.

Subscriptions are a driving force in the internet economy. The subscription e-commerce market has grown more than 100 percent a year over the past five years, and 32 percent of people would prefer to buy goods via subscriptions than one-off purchases. In Europe, subscription businesses are growing even faster than in the US.

Wealth management fintech firm, JHC Systems (JHC), has launched its Digital Wealth Platform. The product and service offering allows firms to digitise key processes, which will improve efficiency and enhance the experience of end users. This means wealth managers will be freed up to focus on what really matters – client relationships and retention.

Research conducted by Bud reveals nearly half of young Brits (45%) will first turn to family members for financial advice over banks, indicating a prevailing disconnect between millennials and their financial services providers. The headline figure was taken from Bud’s multimedia research initiative called Futureproof, which aims to shed light on the complex relationship people have with their money and act as a driver for meaningful and positive change within the financial services industry. The data was gathered in a quantitative study of 2000 young people between the ages of 22-35.

Industry experts laid out their vision for the future of fintech partnerships and what this means for consumers at a breakfast event hosted by Yolt, the smart thinking money app.

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, today announced the availability of real-time transaction monitoring for ten cryptocurrencies. The launch of additional cryptocurrencies comes in anticipation of global regulatory guidance that will require automated transaction monitoring for the cryptocurrencies that exchanges and financial institutions support.