What’s going on in the Nordic challenger bank scene?
Neobanks in the Nordics may have had a slow start, but things may soon be about to change.
Tim Cook reveals Apple Card is launching in August
The Apple CEO Tim Cook announced that the tech titan is launching its credit card Apple Card in August during an earnings call discussing the business’s third quarter earnings.
Monese unveils new BaaS platform, enters partnership with Investec
Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
How the coronavirus led to the UK upping the contactless payment limit to £45
Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
PayTech platform Ping scores $15m
Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round.
US Justice Department investigates Visa over debit card practices
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
Mastercard and Fintech Saudi partner to accelerate digital transformation across the Kingdom
Mastercard and Fintech Saudi have announced that they have signed a Memorandum of Understanding (MoU) to advance the growth and development of the Saudi Arabian FinTech industry.
Healthcare payments startup Sift Healthcare secures $2.8m in funding
Sift Healthcare, an AI-powered software designed to improve healthcare payments, has secured $2.8m in a new funding round.