Mobile Payments

Deutsche Bank, Fiserv team to launch payment acceptance venture in Germany

Deutsche Bank and Fiserv have collaborated to create a comprehensive provider of payment acceptance and banking solutions in the German market.

Australia-based Spriggy nabs $2.5m

Australia-based Spriggy has reportedly raised around $2.5m in its latest funding round led by Alium Capital.

Flywire and iSAMS team up to provide seamless cross-border tuition payments solutions

PayTech firm Flywire has signed a integration partnership with iSAMS, a web-based school management and integrated accounting solution, to create cross-border tuition payment solutions.

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

Visa deepens Deserve partnership with new strategic investment

Credit card business Deserve has secured an undisclosed strategic investment from Visa as the former seeks to expand access to its credit-card-as-a-service solution.

Wirecard North America sold to Syncapay

Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.

MUUME Group bags $6.2m Series B

Switzerland-based MUUME Group has raised around $6.2m in its Series B funding round.

Fiserv, Selecta partner to bolster cashless payments footprint in EU

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

African payment provider Cellulant closes $47.5m Series C

The Rise Fund, a global impact investing fund managed by TPG Growth, has led a $47.5m Series C for African digital payment provider Cellulant.

Soldo launches new solution to help governments, local authorities and NGOs distribute emergency funds...

As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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