FCA to postpone implementation date of SCA
The UK’s Financial Conduct Authority (FCA) will give some firms additional time to meet Strong Customer Authentication compliance. Its decision comes in response to the...
Pamlico Capital picks up EMS billing software business Digitech
Lower mid-market US buyout house Pamlico Capital has agreed to buy emergency medical transport billing management provider Digitech Computer.
European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
Sequoia, Ribbit Capital among backers for $75m Razorpay Series C
Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.
Wave Financial bought by H&R Block in $405m deal
Toronto-based FinTech business Wave Financial has been bought by H&R Block in a $405m deal.
Kyriba helps J.P. Morgan clients access real-time payments
Treasury management platform Kyriba has launched a new service through J.P. Morgan’s API which enables clients of both platforms to send real-time payments in the US.
VC-backed payment card issuer Marqeta nears $2bn valuation through Series E round
Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.
Chipper Cash expands to Nigeria together with PayStack
San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.
FSS, QRails partner to improve payment authentication
Global payments technology company FSS (Financial Software and Systems) has teamed with QRails to improve authentication in payments.
Stripe acquires Touchtech Payments in preparation for looming SCA regulatory requirement
Payments processor Stripe has acquired Dublin-based Touchtech Payments to ready itself for the impending Strong Customer Authentication (SCA) regulation.