Three ways FinTechs are leaning into PayTech innovation
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Nedbank, Mastercard team to enable WhatsApp payments for small businesses
South African bank Nedbank has teamed with payment giant Mastercard and local FinTech Ukheshe to allow its customers to pay small businesses through WhatsApp.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
API developer Weav said to launch from stealth after $4.3m round
Weav, an API developer for commerce platforms, has reportedly launched out of stealth alongside the close of a $4.3m funding round.
Bunq, Volt partner to bolster open payment technology
Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.
Tinkoff launches first Russian digital buy now pay later platform
Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.
MYPINPAD enters Australian market with AusPayNet certification
Payment solutions provider MYPINPAD has expanded its presence into Australia after it received certification from the Australian Payments Network (AusPayNet).
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
UK bank 3S Money raises £3m to boost hiring, business expansion
UK banking platform 3S Money has raised £3m from a Series B funding round and has hit a £40m valuation.
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