PayTech

TransferWise launches business offering

TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.

FinTech startup Cookies brings P2P payments to Germany

Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.
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BluePay taps CardFlight for mobile EMV solution

US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.
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DailyPay scores $5m for on-demand economy payments

DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.
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US Payments Forum demystifies EMV migration

The US Payments Forum has updated the minimum requirements guide for the deployment of EMV technology for all companies looking to transition.
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Pharmacy group CVS launches own mobile pay app

US pharmacy chain operator CVS has rolled out a new mobile payment solution for customers in-store and online.
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Global Reach Partners scoops up FC Exchange

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.
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Mozido brings mobile wallet to Taiwanese banking consortium

Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.
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POS market to nearly triple on skyrocketing mobile demand

The global market for retail point-of-sale (POS) terminals is projected to shoot up to $33.4bn in the next five years as mobile payments are overtaking the sector.
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Visa and Barclaycard kit out Team BG with payment wearables

For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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