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

culture

Culture, not code, is sinking financial crime compliance

Financial institutions keep spending heavily on compliance technology, yet the most damaging control failures continue to trace back to something no software can fix. According...
MCO lands $100m+ growth financing from Accel-KKR

MCO lands $100m+ growth financing from Accel-KKR

MCO (MyComplianceOffice), a compliance management software specialist serving the financial services sector, has secured more than $100m in strategic growth financing from Accel-KKR Credit...
Alibaba Cloud bets on Europe as enterprise AI goes live

Alibaba Cloud bets on Europe as enterprise AI goes live

Alibaba Cloud, a cloud and AI infrastructure provider, is expanding its global data centre footprint and rolling out new AI products as financial services...
CRS 2.0 is changing what “compliance ready” means

CRS 2.0 is changing what “compliance ready” means

Fund administrators are facing greater pressure from their own clients as CRS 2.0 shifts tax reporting from a periodic compliance exercise towards an ongoing...
CDD

South Africa’s CDD bar rises after FATF greylist exit

Customer due diligence (CDD) has grown from a simple know your customer (KYC) exercise into one of the most demanding parts of the anti-money...

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