Global fintech leaders join forces behind Pollinate platform
Pollinate, the business behind Tyl by NatWest, has launched with a growth capital investment round from a consortium of global industry leaders. Mastercard, Motive Partners and EFM Asset Management (EFM) will join RBS as both investors in, and partners to, the Pollinate business, which has raised a total of £60 million in funding to date.
EBA Calls on EC to Boost Cross-Border Banking and Payments
- 6 years 11 months ago
- Payments
Cross-border banking and payment services in the EU are being held back by a lack of regulatory clarity and harmonisation, says the European Banking Authority (EBA). The rise of digital services should help established and newcomer providers reach more people, including across borders, says the EBA in a report developed under its Fintech Roadmap. However, concludes the report, the promise is not being fully realised within the EU, in part due to... more
Uber launched Uber Money
- 6 years 11 months ago
- Payments
Uber introduced Uber Money, a team within Uber working on financial products and technologies that deliver additional value for the Uber community, all at Uber speed. We’re excited to kick things off with several new features and improvements coming this year:
Modulr to invest £20m to supercharge Scottish fintech
- 6 years 11 months ago
- Payments
Edinburgh-based FinTech
PPRO becomes first international partner of BLIK
- 6 years 11 months ago
- Payments
Polish consumers are now able to shop and pay at more places online direct from their mobile phone via BLIK, thanks to a partnership between PPRO, the leading global payments platform, and the Polish Payment Standard (PPS), operator of BLIK. International retailers wanting to close sales with Polish customers can also receive payment simply and securely via BLIK.
A Central Bank Will Issue a Consumer-Ready Digital Currency within Five Years - IBM Research
- 6 years 11 months ago
- Payments
Policy-makers at a number of central banks around the world are seriously considering developing and issuing a central bank digital currency (CBDC), with a consumer-ready CBDC likely to arrive in the next five years.
Continued growth in China cements UnionPay as the world’s largest card scheme
- 6 years 11 months ago
- Payments
Consumers in developing countries are increasingly entering the banking system and expansion of the banked population in China is a major contributor to UnionPay’s gain in global market share Government-backed financial inclusion programmes driving growth
Bottomline Announces AI Enabled In-Product Support Powered by Drift
- 6 years 11 months ago
- Payments
Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced that it has added AI-enabled chat inside its payment solutions to make signing up and accessing support even easier for its Paymode-X and PTX customers.
Amount Announces Amount Pay
- 6 years 11 months ago
- Payments
Amount, a leading fintech company helping financial institutions reinvent the retail experience, today announced Amount Pay, an installment point-of-sale (POS) financing solution launching in Q1 2020.
Credit Card Issuers Must Target Digital Payment Apps, Deloitte Reports
- 6 years 11 months ago
- Payments
Deloitte's Center for Financial Services today reports that consumers are looking toward the broader ‘ecosystem’ to simplify their payments experience as innovative payment instruments become more prevalent.
NatWest's Asset Finance Division Lombard Launches Instant Agreement Tool
- 6 years 11 months ago
- Payments
NatWest’s asset finance arm, Lombard, has today announced the launch of a new digital service that allows businesses to receive instant agreement to fund assets such as cars, vans, machinery and technology, up to a maximum of £250,000. The new function, available through Lombard’s website, allows customers to create a personalised quote across any one of 40 asset classes, with an instant decision provided at the end of a quick and simple... more
Barclays Makes Post Office Cash Access U-Turn
- 6 years 11 months ago
- Payments
Barclays says it will no longer stop customers withdrawing cash from the UK's network of post offices, reversing its earlier position after accusations of "penny-pinching" by politicians.
InstaReM launches industry first global enterprise payments platform
- 6 years 11 months ago
- Payments
Leading digital cross-border payments provider, InstaReM, is rebranding to become part of Nium. Nium is the first global payments platform to enable businesses to send, spend and receive money from around the world, in addition to empowering them to develop their own products.
Berkeley Payment Solutions Expands Innovative Payment Technology with Pungle Acquisition
- 6 years 11 months ago
- Payments
Berkeley Payment Solutions (Berkeley), a leading global payments solution provider, today announced the acquisition of FinTech start-up, Pungle, an innovative payments platform that enables frictionless, real-time transfers. “This acquisition positions Berkeley to be one of the most innovative, fastest-growing FinTech companies globally,” said Jonathon Hamburg, CEO and Founder of Berkeley. “We are thrilled to join forces and welcome the Pungle... more
Brex and Mastercard Partner on U.S. Expansion
- 6 years 11 months ago
- Payments
Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card portfolio in the United States.
