PayTech

N26 and TransferWise take their partnership up a notch with a new extension

German challenger bank N26 has extended its partnership with international payments company TransferWise, which will enable it to offer more options for foreign currency transfers.

Wirecard has gone bust after scandal saw the FinTech unable to account for $2.1bn

FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.

Brazil’s central bank halts WhatsApp’s payment rollout

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

TerraPay partners with Visa to develop payment solutions that drive financial inclusion

TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.

Global Payments & Remittances investment declines in Q1 2020 in the face of economic...

Payments & Remittances deal activity is on track to record its worst year since 2015 as investment slowed down in the first three months...

Curve inks deal with Samsung to launch new digital payment solution Samsung Pay Card

Samsung Pay has signed a partnership with the digital banking platform Curve and Mastercard to launch the Samsung Pay Card.

Healthcare payments app Cedar nets $102m in its Series C round

Cedar, a FinTech helping to simplify the financial experience for patients, has netted $102m in its Series C round, which was led by Andreessen Horowitz.

Mastercard to acquire open banking FinTech Finicity in $825m deal

North American FinTech Finicity is being sold to Mastercard in a $825m deal, with the payments giant planning to leverage the acquisition to further its push into open banking.

MoneyGram partners up with Global Money Express

Cross-border payments and money transfer company MoneyGram has inked a partnership with Global Money Express, the South Korean money transfer and payment FinTech company.

Why FinTech companies can’t rest on their laurels despite being ideally placed to weather...

While many FinTech firms could be ideally placed to leverage the coronavirus to their advantage, they still have much to do to capitalise on the situation.

News Stories

WealthArc

WealthArc, Polixis team to transform KYC screening for wealth managers

WealthArc, a personalized global wealth management platform, has partnered with Polixis, a leader in Swiss AML & KYC global data provision.

Full implementation of Open Banking roadmap paves way for UK’s financial tech evolution

OBL has heralded a significant advancement in the financial technology landscape with the CMA formally recognising the full completion of the Open Banking Roadmap.
FCA

FCA introduces interim guidelines for sustainable investment marketing

The FCA has unveiled a set of temporary measures for firms involved in sustainable investment, part of their broader SDR and investment labels regime.
Euronext

Euronext launches new ESG initiatives to propel sustainable finance

Euronext, the leading pan-European market infrastructure, is strengthening its commitment to sustainable finance and corporate transparency.
Novata

Novata introduces cutting-edge sustainability tools for private companies

Novata, a leader in sustainability technology for private markets, has unveiled Novata for Companies, a new service tailored to support private companies in effectively managing their sustainability challenges.

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