P2P Payments

Marqeta widens European presence through expanded Klarna partnership

Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.

The two PayTechs merging to create a global processing powerhouse

Global issuer processors Paymentology and Tutuka are merging to create the first global issuer-processor that will cover 49 countries worldwide.

Bill-splitting feature to be piloted on Facebook Messenger

Facebook Messenger is set to test Split Payments, a feature that will let users to share the cost of bills and expenses from within a Messenger group chat.

More than half of consumers want more payment choices at the checkout

A recent study by payments platform Paysafe has found 52% of customers worldwide are keen to see more payment options available for use at the checkout.

SME PayTech TruePay collects $32m from Series A raise

Brazilian firm TruePay has secured $32m from a financing raise led by venture capital company Addition. being described as one of the largest ever Series A rounds in Brazil.

Crypto PayTech MoonPay secures $555m in highly subscribed Series A

MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

Experian snaps up InsurTech, PayTech firms in $353m acquisition sweep

Credit rating agency Experian has acquired insurance aggregator Gabi and digital payments business PagueVeloz for a combined sum of $353m.

James Corden-backed Imprint lands ?38m from Series A funding haul

Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.

Aplazo looks to extend LatAm presence following $27m Series A

Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.

News Stories

EU instant payment rules: banks risk being left behind

EU instant payment rules: banks risk being left behind

With European regulators tightening deadlines around instant payment security, financial infrastructure firm Tietoevry Banking is warning that bank hesitation on Verification of Payee (VoP)...
How the FCA is rewriting the rules on RegTech innovation

How the FCA is rewriting the rules on RegTech innovation

For years, the prevailing assumption in technology circles has been that regulation and innovation are fundamentally at odds. Napier AI's experience inside the Financial Conduct...

ACI and EPI target Europe’s payments fragmentation

ACI Worldwide, a global payments technology firm listed on NASDAQ, has become a principal member of the European Payments Initiative (EPI) and will integrate...
MRLO

The hidden culture problem behind weak MLRO engagement

There is a pattern that most money laundering reporting officers (MLROs) will recognise immediately. A request goes out for inputs to the financial crime...
Canada

Canada’s FCA bill puts FinTech compliance on notice

Canada's fragmented approach to tackling financial crime has drawn sustained criticism for years. Responsibility for investigating money laundering, fraud, and sanctions offences has historically...

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