PayTech

fintech-news

Mastercard guarantees biometric authentication in 2019

Mastercard has committed to guaranteeing that all of its customers will have access to biometric authentication services by April 2019.
fintech-news

Paytronix Systems bags first institutional capital with $65m investment

Customer experience management company Paytronix Systems has netted $65m in an equity investment from private equity firm Great Hill Partners.

Birch Finance closes $1m Seed round led by AGP Miami

Credit card rewards analysis company Birch Finance has closed a $1m seed round led by AGP Miami, an angel investor network.

Multi-asset wallet WAWLLET collects $35m in pre-ICO sale

WAWLLET, multi-asset wallet and personal financial passport, has raised $35m in the pre-sale of its new WIN Tokens.

Trade Core secures $3m in round led by South Central Ventures

Serbia-based Trade Core has secured a $3m funding round led by South Central Ventures.
fintech-news

OakNorth deploys £1m loan to NetPay

Challenger bank OakNorth has deployed a £1m loan in to payment processing solution NetPay.

Finexio secures $4m Series A led by James R. Heistand

B2B payments network Finexio has secured a $4m Series A round led by Parkway CEO and president James R. Heistand.
fintech-news

heidelpay acquires its second payment service provider

AnaCap-backed heidelpay Investments has acquired Austrian online payment solution company Mpay24.

Razorpay closes $20m Series B led by Tiger, Y Combinator

India-based online payments technology provider Razorpay has closed a $20m Series B led by Tiger Global and Y Combinator.
fintech-news

Blackhawk Network to be acquired by pair of PE firms in $3.5bn deal

Blackhawk Network Holdings is set to be acquired by Silver Lake and P2 Capital Partners in a deal worth $3.5bn.

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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