Viva Wallet receives Tencent backing as it bags $80m financing
Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
Volt unveils new end-to-end cash management service
London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.
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.
Revolut kicks off Indian expansion with CEO hire
UK-based global FinTech company Revolut has appointed Paroma Chatterjee to the role of CEO of its Indian branch.
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.
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).